The enterprise router market in 2022
Routers are network devices responsible for forwarding data packets between separate computer networks.
Businesses with multiple networks that need to connect use routers to direct data packets traveling over the Internet or Ethernet.
See below to know all about the global enterprise router market:
The enterprise router market
The global enterprise router market has a estimated value of $15.1 billion in 2022. By 2027, it is expected to reach a value of $22.9 billion, following a compound annual growth rate (CAGR) of 8.6% during the forecast period of 2022 to 2027.
Many countriesdrive market growth:
- Canadian market grew 6.1% year over year
- The Latin American market grew by 4.8%
- Western Europe router market grew by 3.1%
- The Chinese market grew by 5.5%
- The Asia-Pacific market grew by 19.4%
The End User Vertical Banking, Financial and Insurance Services (BFSI) has the highest demand in the enterprise router market. Other notable industries include:
- IT and telecommunications
- Health care
Enterprise Router Features
As network hardware, routers receive, parse and resend data packets from the network modem. They monitor the desired destination address to determine the optimal transfer route for speed and efficiency.
There are several types of network routers, depending on the type and size of the network. Some of them include:
- Main routers
- Edge routers
- Virtual routers
- Broadband routers
- Wired Routers
Enterprise routers tend to have a set of key features:
- Guest Wi-Fi access
- Virtual Private Network (VPN) Server and Client
- Virtual Local Area Network (LAN)
- Built-in malware detection
- USB sockets
- Quality of Service (QoS)
- High Gigabit Ethernet
Benefits of the Business Router
Routers are not only essential for companies to set up functional inter-office networks, they also offer many advantages:
- Very stable and reliable
- Easy to scale and expand
- Simplify network management for IT
- Integrated defense and cybersecurity capabilities
- Provide network information and reports
- Packet filtering
- Network traffic control
“The router is a fundamental part of modern business networks, providing traffic with a gateway to the Internet and other networks”, says Andy Walton to azcentral.
“Routers make flexible inter-network communication possible and allow larger networks to remain operational even during redesigns or outages.”
Business Router Use Case
Here are two examples of how organizations have used corporate network routers to improve their network performance and connectivity.
Fukushima City School Board
The Fukushima City Board of Education is one of many Japanese institutions that have distributed around 20,000 iPads to schools across the city as part of their “Fukushima-style online classrooms” project. They are dedicated to providing students unable to attend school in emergency situations with appropriate access, allowing them to continue their education from home.
The city school board was struggling to manage the traffic of 20,000 iPads on its wide area network (WAN), connecting via fiber optic cables and segmented based on usage. Simply upgrading the city’s current infrastructure was too expensive an option.
The board elected to move to the Cisco SD-WAN solution. It allowed better control of incoming traffic to the network for easier management and prevention of bottlenecks. Additionally, SD-WAN routers in schools were equipped with advanced firewalls for an additional layer of security.
“On the first day of the Fukushima-like online classes, I was very nervous. But once I checked that the iPad environment was working, I was relieved,” said Takeshi Abemember of the Fukushima City School Board.
“With [the] Cisco SD-WAN solution controlling traffic, we will be prepared for all kinds of situations that may arise in the future.
ZettaNet is an Australian Network Management Service Provider and Internet Service Provider (ISP) primarily for Managed Service Providers (MSPs). The company offers offerings ranging from fiber-based Ethernet and voice over IP (VoIP) to web hosting and data center colocation.
ZettaNet needed a way to meet growing customer demand for more bandwidth, wanting 1 Gbps of connectivity between sites without compromising on price.
Instead of changing vendors, ZettaNet migrated from older Juniper routers without changing their architecture. This allowed their customers to connect to ZettaNet’s network using Juniper Networks’ SRX Series service gateways.
“Juniper understands our business, and the Juniper team has gone above and beyond to help us grow,” says Simon Dixonnetwork manager at ZettaNet.
“A Juniper network allows us to respond to booming growth. We envision being able to serve 10 times more customers without buying more infrastructure.
Enterprise Router Providers
Some of the major enterprise router vendors in the market are:
- Juniper Networks
- Hewlett Packard Enterprise (HPE)
- Arista Networks
- Cumulus Networks
- NET SCOUT
- Dell Technologies
- Extreme networks