China Router and Switch Market are Forecast to Touch USD xx Billion by 2027, Growing at a CAGR of xx % From 2020 to 2027.
Published | January 2021
According to BlueWeave Consulting, the China Router and Switch Market has reached USD xx Million in 2019 and is further projected to reach USD xx billion by 2027, growing at a CAGR of xx% during the forecast period. The router and switch, both are computer networking devices that allow one or multiple computers to be connected to other computers and networking devices. A router works by connecting two or multiple logical subnets, which does not necessarily map one-to-one to the physical interfaces of the router. On the contrary, a network switch is networking hardware (likewise a router) that connects devices on a computer network by applying packet switching to receive and forward given data.
The increased use of the internet among residential as well as private sectors (industrial, business)
China is indisputably among the top economies present in the world and naturally has a large industrial settlement. And for supporting which a stronger & larger network base is required, which couldn’t be satisfied only by chip-sets, hence the requirement of routers and switches arrive. Moreover, the whole nation is so in touch with the technology that they’re one of the leading mobile application developers in the world. Also, the increase in the application of the internet and media is giving rise to heavy network & connectivity traffic.
Adoption of IoT connectivity systems
The rise in adoption of network infrastructures which has accelerated the need for strong growth in the relevant market is because industries and businesses nowadays need fast access to their respective and miscellaneous data and information. This has elevated the use of network infrastructure and is putting a constant strain on the same that is why to improve this the additional improvements are taking place with the aid of networking solutions like routers and switches. Therefore also, in recent years the IoT has been highly popular among the varied industries (both related to un-related to e- commerce sectors), therefore the inclusion of router and switch infrastructure has supported the requirement of high-speed internet/ connectivity access.
Impact of COVID 19 on the China Router and Switch Market Industry
The pandemic hit has resulted in temporary enclosures of many industries, to avoid the infection spread, as the matter of fact the COVID was spread from Wuhan, China itself. Therefore, the businesses and industries in this region did get affected the most. But China was fast on containing it and controlled the spread in most of the adjoining or surrounding cities. Several industries have faced loss in the meantime as there were meager to no turnovers. Contrast is seen in the electrical and related industries like semiconductors, consumer electronics, and data centers & communications infrastructure. Also, the industry is anticipated to be more afloat as per the continuous strategic investments given to support the rise in network traffic and data usage for the remote or distant access work during the lockdown phase, when work from home was applied at the international level.
The marketplace for China Router and Switch market is shared among Alcatel-
Lucent, Avici Systems, Cisco Systems, Inc., ECI Telecom, Ericsson, Extreme Networks, by Actelis Networks, ADTRAN Inc, ADVA Optical Networking SE, Force, Networks, ZTE Corporation, RAD Data Communication Networks, Hatteras Networks, Inc., MRV Communications Inc., Telco Systems, Huawei Technologies Co. Ltd., Juniper Networks, Tellabs Inc., among various others.
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