The Business Research Company’s report on the Bridges, Gateways And Routers Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the bridges, gateways and routers industry?
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. For instance, in September 2024, according to the US Census Bureau, a US-based government agency, construction spending was estimated at a seasonally adjusted annual rate of $2,162.7 billion in July 2024, marking a 6.7 percent increase (±1.8 percent) compared to the $2,027.4 billion spent in July 2023. Additionally, total public construction increased to $270,803 million in July 2024 compared to $243,948 in 2023.
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What is the estimated market size of the bridges, gateways and routers sector by 2029, based on current forecasts?
The bridges, gateways and routers market size has grown strongly in recent years. It will grow from $31.3 billion in 2024 to $32.87 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. 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 steady growth in the next few years. It will grow to $39.86 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. 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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Who are the top players in the bridges, gateways and routers market?
Major companies operating in the bridges, gateways and routers market include 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.
What are the major trends in the bridges, gateways and routers market?
The companies in the bridges, gateways and bridges, gateways and routers market are focusing on the usage of sustainable materials for the construction of infrastructure. Sustainable materials are produced from raw materials that are renewable and sourced in a manner that does not negatively impact the environment. They are natural, renewable and carbon neutral and use less energy to extract. For example, in May 2022, in Luxembourg, the 1.2 km long bridge, connecting Esch-sur-Alzette with Esch-Belval, was being made with steel which is sustainable as well as designed to last for long time. The bridge does not need any protective coating now or in the future, therefore, maintenance is low even though usage remains high. It is eco-friendly and meets all cost, design, strength requirements.
Which geography holds the highest bridges, gateways and routers market share?
Asia-Pacific was the largest region in the bridges, gateways and routers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the bridges, gateways and routers market during the bridges, gateways and routers market forecast period. The regions covered in the bridges, gateways and routers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How do different segments contribute to the overall expansion of the bridges, gateways and routers market?
The bridges, gateways and routers market covered in this report 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
Subsegments:
1) By Bluetooth: Bluetooth 4.0 (Low Energy), Bluetooth 5.0, Bluetooth Mesh Networking
2) By Wi-Fi: Wi-Fi 5 (802.11ac), Wi-Fi 6 (802.11ax), Wi-Fi 6E, Wi-Fi 7
3) By ZigBee: ZigBee 3.0, ZigBee Pro
4) By Ethernet: Wired Ethernet, Power Over Ethernet (PoE), Gigabit Ethernet
5) By Cellular: 4G LTE, 5G, 3G
6) By Other Connectivity Types: LoRaWAN (Long Range Wide Area Network), Thread, Z-Wave, NFC (Near Field Communication)
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How is the bridges, gateways and routers market defined, and what are its core characteristics?
A bridge is a computer networking device connecting one network bridge to another using the same protocol. A gateway is a gateway that connects two networks that can operate on different network models. They act as messenger agents, fetching data from one system, interpreting it, and sending it to another. A router is a physical device like a switch, that routes data packets based on their IP address. The router is primarily a network layer device.
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