According to the research report titled ‘Global Enterprise Router Market - Analysis By Router (Core, Edge, Others), Type (Fixed, Modular), Type of Connectivity, End User, By Region, By Country (2021 Edition): Market Insights, Covid -19 Impact, Competition and Forecast (2021-2026)’, available with Market Study Report, global enterprise router market was valued USD 4378.72 million in 2020 and is anticipated to grow substantially through 2026.
 

Global enterprise router market is largely driven by proliferating IP traffic, surging demand for hyperscale data center, growing necessity of enterprise networking solutions, and rising adoption of IoT and 5G technology, claims the study.
 

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Based on type of connectivity, the market is split into wired and wireless, among which, the former is holds a significant portion of the industry share and is likely to witness strong gains throughout the forecast period.
 

In terms of type of port, global enterprise router market share from fixed port is expected to increase substantially in the upcoming years. This can be ascribed to implementation of fixed port type on a large scale among enterprises. Modular type segment will also witness an increased demand owing to growing demand for more user friendly port types.  
 

Considering type of router, the industry is split into core, edge, and others. Among these, core router segment is experiencing an upward growth trend, attributable to widespread product adoption by enterprises as they are form the backbone of network structure.
 

Speaking of end user spectrum, global enterprise router industry scope is fragmented into IT and Telecom, BFSI, healthcare, and others. Of these, BFSI leads the industry growth and will likely showcase strong growth trends through 2026. High demand for data security and increasing adoption of IoT technology are augmenting the demand for enterprise router in the BFSI sector.
 

From a geographical perspective, Americas holds a coveted position in the market, chiefly due to prompt adoption of new technologies, escalating demand for IoT and cloud computing solutions, and strong presence of technology vendors in the region.
 

Prominent players in global enterprise router industry sphere are Arista Networks Inc., Avaya Inc., Juniper Networks Inc., Hewlett Packard Enterprise Co., D-Link Corp., Nokia Corp., ZTE Corp., Netgear Inc., Dell Technologies Inc., Huawei Technologies Co. Ltd., and Cisco Systems Inc.