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Global Bridges, Gateways And Routers Market 2024 Size, Share Analysis,Outlook And Forecast To 2033 | Major Players Are SES Astra Ltd., Inmarsat Co., Iridium Communications, ViaSat India Pvt. Ltd., EchoStar Corp
Bridges, Gateways And Routers Market
The Business Research Company's Bridges, Gateways And Routers Global Market Report 2024 identifies Smart City Investments as the major driver for the Bridges, Gateways And Routers Market's growth in the forecast period. The bridges, gateways and routers market are expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies use information and communication technologies to efficiently manage and operate urban services including transportation systems, water supply, and law and order. These technologies are enabled through Cyber-Physical Systems (CPS), Internet of Things (IoT), Wireless Sensor Networks (WSNs), Cloud Computing, and Unmanned Aerial Vehicles (UAVs). Efficient networking and communication protocol is required for the proper functioning of all these technologies and for these bridges, gateways and routers are involved. Smart city technologies are integrated with electrical and electronic components, thereby benefitting the companies operating in this market.
The bridges, gateways and routers market size has grown steadily in recent years. It will grow from $34.24 billion in 2023 to $35.8 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to network expansion, internet growth, enterprise networking, telecommunications infrastructure.
The bridges, gateways and routers market size is expected to see strong growth in the next few years. It will grow to $44.38 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to 5g and next-generation networks, edge computing, iot and industrial automation, cloud computing and data centers. Major trends in the forecast period include 5g and edge computing, software-defined networking (sdn), ipv6 adoption, wireless broadband and mobile routers.
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Major competitors in the bridges, gateways and routers market are Cisco Systems Inc., D-Link Corporation, NETGEAR Inc., NXP Semiconductors N.V., Notion Labs Inc., Intel Corporation, TE Connectivity Ltd., Dell Technologies Inc., Hewlett Packard Enterprise Company, ASUSTeK Computer Inc., Huawei Investment & Holding Co. Ltd., Microchip Technology Inc., Helium Systems Inc., Estimote Inc., Juniper Networks Inc., Arista Networks Inc., Extreme Networks Inc., Fortinet Inc., Palo Alto Networks Inc., F5 Networks Inc., Citrix Systems Inc., Riverbed Technology Inc., Zyxel Communications Corp., Allied Telesis Inc., Advantech Co. Ltd., ABB Ltd., Alcatel-Lucent Enterprise, Brocade Communications Systems Inc., Check Point Software Technologies Ltd., Ciena Corporation, Telefonaktiebolaget LM Ericsson, International Business Machines Corporation, Nokia Corporation, Radware Ltd., Symantec Corporation, ZTE Corporation, Ubiquiti Networks Inc.
A key trend in the Bridges, Gateways And Routers Market includes Edge Computing Revolutionizing. Major companies operating in the bridges, gateways and routers market are adopting edge computing to gain a competitive edge in the market. Edge computing is a distributed computing paradigm that brings data processing and analysis closer to the data source, typically at or near the edge of the network, where data is generated. For instance, in August 2022, Nippon Telegraph and Telephone Corporation, a Japan-based telecommunications company launched Edge-as-a-Service, a managed edge compute platform developed in collaboration with VMware and Intel. This globally available solution combines the power of VMware's Edge Compute Stack and NTT's Private 5G technology to deliver near-zero latency for enterprise applications at the network edge. It offers seamless multi-cloud and multi-tenant connectivity, making it ideal for industries such as manufacturing, retail, logistics, and entertainment. This innovative offering resides closer to where data is generated, enabling enterprises to access and react to information instantaneously, thus optimizing performance and cost efficiencies for critical applications.
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The Bridges, Gateways And Routers Market is segmented -
1) By Connectivity: Bluetooth, Wi-Fi, ZigBee, Ethernet, Cellular, Other Connectivity Types
2) By Application: Household, Commercial, Industry, Transportation
3) By End Use: Indoor, Outdoor
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Bridges, Gateways And Routers Market.
The Business Research Company's "Global Bridges, Gateways And Routers Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Bridges, Gateways And Routers Market Include:
1. Executive Summary
2. Bridges, Gateways And Routers Market Characteristics
3. Bridges, Gateways And Routers Market Trends And Strategies
4. Bridges, Gateways And Routers Market - Macro Economic Scenario
5. Global Bridges, Gateways And Routers Market Size and Growth
……
31. Global Bridges, Gateways And Routers Market Competitive Benchmarking
32. Global Bridges, Gateways And Routers Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Bridges, Gateways And Routers Market
34. Bridges, Gateways And Routers Market Future Outlook and Potential Analysis
35. Appendix
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