North America Network Devices Market Size, Share & Industry Trends Analysis Report By Type, By Connectivity (WiFi, Cellular, WiFi + Others, Long Range Radio (LoRa)), By Application, By Device Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Network Devices Market would witness market growth of 5.8% CAGR during the forecast period (2022-2028).
In many ways, bridges are similar to hubs, such as the fact that they interconnect LAN components using the same protocols. Bridges, on the other hand, filter incoming data packets, called frames, for identities before forwarding them. The bridge does not customize the appearance or content of the incoming data while it filters the packets. By the use of a dynamic bridge table, the bridge filters & forwards frames on the network. The LAN locations for every computer in the LAN, as well as the IP of every bridge interface which links the LAN to other LANs, are stored in the bridge table, which is initially empty. Bridges, such as hubs, can have a single or multiple port configuration.
Whereas an access point (AP) could technically be a wired or wireless device, it is most usually used to refer to a wireless device. An access point (AP) operates at the Data Link layer of the OSI model, and it can act as a bridge linking a wired network to wireless gadgets or as a router transmitting data from one entry point to another.
The strong presence of various major technical giants is one of the key aspects, opening opportunities for regional market growth. The parts of a network that convey communications required for data, services, applications, and multi-media are known as network infrastructure devices. This included servers, load balancers, domain name systems, intrusion detection systems, routers, switches, firewalls, and storage area networks. The domestic technology market in Canada is highly robust. The Canadian information and communications technologies (ICT) industry comprise more than 43,200 businesses.
Before the pandemic, digitalization in Canada was underway, and the need to embrace and create technology during the pandemic has provided the sector with more speed. In the near future, investments in centralized processing power would increase, while edge computing and IoT may experience a meteoric rise due to the need to enhance network performance and resource availability. Due to the high adoption of connected networks and internet connectivity across various nations, the demand and growth of regional network devices would surge in the coming years.
The US market dominated the North America Network Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9,193.5 million by 2028. The Canada market is experiencing a CAGR of 8.2% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 7.2% during (2022 - 2028).
Based on Type, the market is segmented into Indoor and Outdoor. Based on Connectivity, the market is segmented into WiFi, Cellular, WiFi + Others, Long Range Radio (LoRa), and Others. Based on Application, the market is segmented into Enterprise Networking, Residential Networking, Industrial Networking, Commercial Networking, and Transportation Networking. Based on Device Type, the market is segmented into Routers, Gateways, and Access Points. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Network Devices Market is Estimated to reach $38.4 Billion by 2028, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc.,Siemens AG, Schneider Electric SE, General Electric (GE) Co., TE Connectivity Ltd., Hewlett-Packard Enterprise Company, Juniper Networks, Inc., ADTRAN, Inc., Huawei Technologies Co. Ltd., Digi International, Inc., and Ericsson AB.
Scope of the Study
Market Segments Covered in the Report:
- WiFi + Others
- Long Range Radio (LoRa)
- Enterprise Networking
- Residential Networking
- Industrial Networking
- Commercial Networking
- Transportation Networking
By Device Type
- Access Points
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Siemens AG
- Schneider Electric SE
- General Electric (GE) Co.
- TE Connectivity Ltd.
- Hewlett-Packard Enterprise Company
- Juniper Networks, Inc.
- ADTRAN, Inc.
- Huawei Technologies Co. Ltd.
- Digi International, Inc.
- Ericsson AB
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