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We estimate the routing market size to be valued at USD 15.1 billion in 2022 and reach USD 22.9 billion by 2027, at a CAGR of 8.6% from 2022–2027. Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfill the growing demand for routers from end-user industries and expand their global footprint by offering their products in all the major regions. Key players operating in the routing market are Cisco (US), Huawei Technologies Co., Ltd. (China), Juniper Networks, Inc. (US), Hewlett Packard Enterprise Development LP (US), Arista Networks, Inc. (US), ASUSTeK Computer Inc. (Taiwan), New H3C Technologies Co., Ltd. (Taiwan), NETGEAR (US), Nokia (Finland), Xiaomi (China), Acelink Technology Co., Ltd. (Taiwan), ADTRAN (US), Allied Telesis, Inc. (Japan), Belkin International, Inc. (US), D-Link Corporation (Taiwan), EERO LLC (US), EKINOPS

Routing Market Size is estimated to be valued at USD 15.1 billion in 2022 and reach USD 22.9 billion by 2027 , at a CAGR of 8.6% from 2022–2027 Market Landscape: The routing market is driven by the increasing need for reliable and scalable networks to support the growing volume of data traffic. The proliferation of connected devices, the rise of cloud computing, and emerging technologies such as 5G and the Internet of Things (IoT) fueled this demand. Key Components: Routers are the primary devices in the routing market, responsible for determining the optimal path for data packets to travel from the source to the destination. They operate at the network layer of the OSI model and play a crucial role in managing data traffic, ensuring efficient data transfer, and enhancing network security. Market Segmentation: The routing market is segmented based on various criteria, including the type of router, end-user industry, and geography. Types of routers include edge routers, core routers