Network Devices Market expected to hit US$ 42.32 billion by 2030 - Analysis by Key Players Focusing on Growth Strategies

The Network Devices market crossed US$ 25.17 billion mark in 2022 and is expected to hit US$ 42.32 billion by 2030, recording a CAGR of 6.7% during the forecast period.

Network Devices Market 2022 - 2030 report offers insights into the newest growth and trends. It summarizes crucial aspects of the market, with target on leading key player's areas that have witnessed the highest demand, leading regions and operations. Network Devices market 2022 - 2030 offers qualitative as well as quantitative information data relating to the factors, challenges, and opportunities that may define the expansion of the market over the forecast period. The report aims to supply a further illustration of the newest scenario, economic slowdown, and COVID-19 impact on the overall industry.

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Top Key Players Listed in the Network Devices Market 2022 - 2030 Report Are:
• Cisco Systems, Inc.
• Siemens AG
• Schneider Electric SE
• General Electric (GE) Co.
• TE Connectivity Ltd.
• Hewlett-Packard Enterprise Company
• Juniper Networks, Inc.
• ADTRAN, Inc.

Network Devices Market Segmentation:
Within the report, the market is segmented into type, connectivity, application, device type, and geography. By type, the market is further segmented into indoor and outdoor. On the basis of connectivity, the market is segmented into Wi-Fi, cellular, long-range radio, and others. By application, the market is categorized into enterprise networking, residential networking, industrial networking, commercial networking, and transportation networking. Based on device type, the market is divided routers, getaways, hub (active hub, passive hub, and intelligent hub), repeater, bridge (transparent bridge and source routing bridge), switch, brouter, and others. Geographically, the market is subsegmented into North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa.

The Network Devices Market 2022 - 2030 Competitive Viewpoint:
This analysis is a useful resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach within the current Market situation. While focusing on top companies and their corporate strategies, market presence, operative segmentation, aggressive outlook, geographical growth, pricing and price structures, the study painstakingly takes into consideration the market analysis.

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Reason to buy this report:
• Understand the Current and future of the Network Devices Market in both Established and rising markets.
• The report enlightens the massive patterns, causes, and impact factors globally and regionally.
• The latest developments within the Network Devices market and details of the industry leaders alongside their market share and methods.
• It looks into vital developments like extensions, agreements, new product launches, and acquisitions on the horizon.
• Analysis the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a world and regional level.
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This release was published on openPR.