Routing - Global Strategic Business Report

The global market for Routing was estimated at US$17.3 Billion in 2024 and is projected to reach US$27.0 Billion by 2030, growing at a CAGR of 7.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Routing market.

Global Routing Market - Key Trends & Drivers Summarized

Why Is Routing Technology At The Core Of Modern Network Infrastructure?

Routing technology is fundamental to modern digital communication, enabling the efficient transfer of data across networks. Whether in enterprise IT environments, data centers, or telecommunications infrastructure, routers serve as the backbone of the internet, ensuring seamless connectivity between devices, applications, and cloud services. The growing demand for high-speed internet, fueled by digital transformation, IoT expansion, and 5G deployment, has significantly increased the need for advanced routing solutions. Businesses are prioritizing network scalability, security, and low-latency performance, driving innovations in routing hardware and software. Additionally, the shift toward cloud computing and software-defined networking (SDN) is transforming traditional routing models, enabling more flexible and cost-effective data traffic management. With global internet traffic increasing exponentially, routing technology remains at the forefront of networking evolution, supporting everything from enterprise connectivity to smart city infrastructure.

What Cutting-Edge Technologies Are Transforming Routing Systems?

The routing industry is undergoing a technological revolution, incorporating AI-driven automation, edge computing, and quantum networking to enhance performance and security. AI and machine learning are playing a crucial role in predictive network traffic management, allowing routers to dynamically optimize data flow and reduce congestion. Software-defined networking (SDN) and network function virtualization (NFV) are redefining traditional routing architectures, enabling centralized control, automation, and rapid scalability. Edge computing is also influencing routing strategies, as businesses seek lower-latency solutions by processing data closer to the source. Quantum networking, while still in its early stages, is expected to revolutionize secure data transmission, with routers designed to leverage quantum encryption for ultra-secure communication. Additionally, the adoption of 5G and Wi-Fi 6 is reshaping wireless routing, ensuring seamless high-speed connectivity for mobile and IoT devices. These innovations are setting the stage for next-generation routing solutions that will power the future of digital infrastructure.

Which Industries Are Driving The Demand For Advanced Routing Solutions?

The demand for routing technology is surging across industries that rely on high-performance networking solutions. The telecommunications sector remains the largest adopter, investing in high-capacity routers to support 5G networks, fiber-optic infrastructure, and global internet expansion. Enterprise IT environments are also a major driver, as businesses embrace cloud computing, remote work solutions, and hybrid network architectures. The rise of IoT applications in smart cities, industrial automation, and connected vehicles is further fueling demand for efficient and scalable routing solutions. Financial institutions and e-commerce platforms depend on secure and low-latency routing for real-time transactions and digital payments. The healthcare industry is another key sector, leveraging advanced routing systems to support telemedicine, digital health records, and connected medical devices. As data-intensive applications continue to grow, industries worldwide are investing in robust routing solutions to ensure seamless connectivity and operational efficiency.

What Factors Are Fueling The Growth Of The Routing Market?

The growth in the routing market is driven by several factors, including the rapid expansion of internet infrastructure, increasing adoption of cloud computing, and rising demand for high-speed, low-latency connectivity. The deployment of 5G networks is accelerating investments in advanced routing hardware and software to handle massive data traffic. The proliferation of IoT devices is also contributing to market growth, as businesses require scalable and efficient routing solutions to manage complex network architectures. The shift towards SDN and NFV is enabling organizations to optimize network performance and reduce operational costs, driving further adoption. Cybersecurity concerns are another critical factor, with businesses prioritizing secure and encrypted routing solutions to protect sensitive data. Additionally, the growing emphasis on edge computing and decentralized networking is reshaping routing strategies, enabling faster and more efficient data processing. As digital transformation continues to drive connectivity demands, the routing market is poised for sustained growth.

Scope of Study:

The report analyzes the Routing market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Type (Wired Router, Wireless Router); Placement (Edge Placement, Core Placement, Virtual Placement); Application (Datacenter Application, Enterprise Application); Vertical (BFSI Vertical, Healthcare Vertical, Education Vertical, Residential Vertical, Media & Entertainment Vertical, Other Verticals)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Wired Router segment, which is expected to reach US$19.6 Billion by 2030 with a CAGR of a 8.9%. The Wireless Router segment is also set to grow at 5.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $4.7 Billion in 2024, and China, forecasted to grow at an impressive 12.2% CAGR to reach $5.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Routing Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Routing Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Routing Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Alcatel-Lucent Enterprise, Allied Telesis, Arista Networks, ASUS, Broadcom Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 48 companies featured in this Routing market report include:

• Alcatel-Lucent Enterprise
• Allied Telesis
• Arista Networks
• ASUS
• Broadcom Inc.
• Ciena Corporation
• Cisco Systems
• Dell Technologies
• D-Link
• Extreme Networks
• Fortinet
• Hewlett Packard Enterprise (HPE)
• Huawei Technologies
• Juniper Networks
• MikroTik
• Netgear
• Nokia
• TP-Link
• Ubiquiti Inc.
• ZTE Corporation

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.