Routing Market by Product Type (Feature Phones, Smartphones, Tablets), Technology (4G, 5G, Bluetooth), Application, End-User, Distribution Channel - Global Forecast 2025-2032
Description
The Routing Market was valued at USD 17.69 billion in 2024 and is projected to grow to USD 19.51 billion in 2025, with a CAGR of 10.44%, reaching USD 39.17 billion by 2032.
A strategic primer on routing market essentials, emerging forces shaping connectivity, and the core implications for planners, operators and tech investors
This executive summary provides a focused introduction to the routing landscape, articulating the key drivers, structural challenges and practical implications that matter to senior leaders. It frames routing not simply as a component of connectivity but as a strategic domain where technology shifts, regulatory actions and supply chain choices intersect to influence product design, procurement decisions and commercial models. The intent is to orient executives and technical managers rapidly so they can prioritize next steps with clarity.
Building on observed trends, the narrative highlights how connectivity proliferation, software-defined architectures and rising compliance demands are changing expectations for routing platforms. In turn, the introduction situates routing within broader enterprise and consumer contexts, clarifying linkages to adjacent systems such as edge compute, device management and network security. Finally, the section sets up the subsequent analysis by outlining the most consequential forces shaping vendor behavior, buyer preferences and operational risks, thereby preparing decision-makers to interpret the detailed insights that follow and to apply them within their organizations.
How transformative shifts in technology, regulation and supply networks are rewriting routing economics, accelerating 5G adoption, and reshaping competitive moats
The routing environment is undergoing transformative shifts driven by converging technological advancements, changing trade policies and an intensified focus on resilience. On the technology front, the maturation of 5G, expanded edge compute capabilities and the growing role of software-defined networking are raising performance expectations and shortening product lifecycles. These technological inflections compel vendors to invest in modular hardware and more agile firmware update mechanisms, while buyers now demand future-proofing and interoperability as baseline requirements.
Concurrently, regulatory scrutiny and standards harmonization efforts are altering compliance roadmaps and increasing the importance of traceability in component sourcing. This regulatory momentum, paired with heightened attention to supply chain continuity, is prompting firms to diversify suppliers and to evaluate alternative manufacturing geographies. Moreover, the rise of IoT-enabled devices and new low-power wireless protocols is broadening the scope of routing use cases across industries, which, in turn, changes where and how routing intelligence is deployed. As a result, competitive dynamics are shifting toward integrated solution providers that combine software, security and lifecycle services, and market participants that respond fast to these shifts will capture disproportionate value.
Assessing the cumulative implications of U.S. tariff actions in 2025 on routing supply chains, component sourcing, cost structures and manufacturing
United States tariff actions in 2025 have produced a cumulative effect that extends beyond headline duties to alter supplier portfolios, contract design and inventory strategies across the routing ecosystem. As tariffs change the calculus on component sourcing and assembly, procurement teams are reallocating spend toward suppliers in tariff-exempt jurisdictions or investing in qualification processes for alternate vendors. This reallocation has practical implications for lead times, quality assurance workflows and validation cycles, and thus for product release schedules.
Furthermore, tariffs have encouraged firms to revisit total landed cost assumptions, incorporating not only duty rates but also compliance overhead, documentation complexity and the potential for retrospective adjustments. In response, manufacturers and OEMs are increasingly exploring nearshoring and multi-sourcing strategies to reduce exposure to tariff volatility while retaining access to specialized components. At the same time, distribution partners and channel intermediaries are adjusting inventory policies to buffer against customs disruptions, and legal teams are expanding tariff classification and mitigation capabilities. Taken together, these developments are creating a more conservative procurement posture, accelerating investments in supply chain visibility tools, and elevating the strategic value of supplier relationship management to preserve continuity and control costs.
Actionable segmentation insights on product types, connectivity technologies, applications, end-user profiles and distribution channels shaping routing demand
Segmentation provides the structure that turns broad trends into actionable insight, enabling leaders to tailor product, go-to-market and sourcing strategies to distinct customer needs and technical constraints. The analysis examines product type distinctions across Feature Phones, Smartphones, Tablets and Wearables, highlighting how form factor, power budgets and usage scenarios drive divergent routing requirements. In parallel, technology segmentation considers 4G, 5G, Bluetooth, IoT and Wi‑Fi, illustrating how latency, throughput and interoperability expectations vary by protocol and influence hardware architectures and firmware roadmaps.
Application-driven differentiation spans Automotive, Consumer Electronics, Healthcare and Industrial environments, each bringing unique certification, durability and security needs that routing solutions must address. End-user segmentation separates Enterprises, Government and Individuals, and further dissects enterprise demand into Large Enterprises, Medium Enterprises and Small Enterprises to reflect procurement cycles, customization appetite and managed services expectations. The distribution channel lens captures Online, Retail and Wholesale dynamics, with Online broken down into Direct Sales and E‑Commerce Platforms and Retail further divided into Hypermarkets and Specialty Stores, clarifying how purchase behavior, margin expectations and post-sale support needs differ across channels. By integrating these segmentation dimensions, the insights reveal which combinations of product type, technology, application, end-user and distribution converge to create high-priority opportunities and where incremental product adjustments can unlock disproportionate returns.
Regional perspectives across Americas, Europe Middle East & Africa and Asia-Pacific revealing how regulation, supply chains and adoption drive routing decisions
Regional patterns materially influence routing strategies and investment priorities, with each macro-region presenting a distinct mix of regulatory regimes, supply chain topologies and adoption rhythms. The Americas show strong demand for integrated solutions that support heterogeneous network environments and prioritize security and enterprise management features, while supply chains in the region favor a mix of domestic assembly and strategic imports that require nuanced tariff and compliance planning. Conversely, Europe, Middle East & Africa exhibits a patchwork of standards and regulatory approaches that compel vendors to design modular solutions capable of meeting varying certification requirements and to maintain localized compliance expertise.
Asia-Pacific remains a critical hub for component manufacturing and rapid technology adoption, where close proximity to OEMs and semiconductor suppliers accelerates iteration cycles and supports aggressive product roadmaps. However, this region also requires sensitivity to diverse carrier ecosystems and distinct commercial models. Across regions, transitional forces such as digital sovereignty initiatives, localized content requirements and logistics infrastructure constraints shape where companies choose to manufacture, certify and deploy routing equipment. As a result, regional strategies increasingly blend global product families with tailored regulatory and channel approaches to reconcile scale efficiencies with local market needs.
Strategic profiles and competitive dynamics examining leading companies' product roadmaps, partnerships, channel plays and priorities shaping routing products
Company dynamics center on how leading vendors are balancing product engineering, partnerships and commercial models to sustain momentum and differentiate in a crowded environment. Some organizations emphasize comprehensive platforms that combine hardware, lifecycle management and security services, thereby locking in recurring revenue streams and simplifying integration for large enterprise customers. Others focus on component-level excellence and tight supplier relationships to secure performance leadership in specific use cases such as automotive or industrial deployments.
Partnership strategies are particularly consequential: alliances with chipset vendors, software integrators and systems integrators accelerate time to market and broaden addressable use cases. Channel plays also diverge, with certain firms leaning into direct sales for complex enterprise deployments while others exploit e-commerce and retail channels to scale consumer-focused products quickly. Investment priorities reflect these choices, showing a tilt toward software-enabled features, certification programs and supply chain resilience initiatives. For buyers and partners, understanding a company’s orientation-whether product-integrator, component specialist or services-led vendor-clarifies expectations for roadmap stability, support commitments and co-innovation opportunities.
Practical recommendations for industry leaders to build resilience, optimize supply chains, prioritize tech adoption and navigate evolving regulatory landscapes
Industry leaders should act decisively across a small set of high-impact priorities to convert insight into durable advantage. First, invest in supplier diversification and qualification processes that reduce single-source exposure and shorten qualification timelines for alternatives; this improves resilience and provides negotiating leverage. Second, prioritize modular hardware design and software update frameworks so products can adapt to evolving protocol standards and regulatory requirements without costly full-platform redesigns. Third, expand capabilities in lifecycle services and managed offerings to transition from one-time sales to relationship-driven revenue and to capture downstream service margins.
Moreover, align commercial models with channel and customer needs by offering flexible distribution terms, localized support bundles and clear SLAs for enterprise customers. Strengthen compliance and tariff classification capabilities alongside digital tools for supply chain visibility so teams can model scenarios, rapidly respond to trade policy shifts, and minimize disruption. Finally, commit to targeted partnerships with chipset, software and systems integrators to accelerate integration into complex environments such as automotive and industrial IoT. Taken together, these moves position organizations to balance growth, margin protection and operational resilience in a dynamic routing landscape.
Methodology summary of primary interviews, secondary research, data triangulation, and quality assurance protocols used to validate routing market insights
The research methodology combines primary outreach, systematic secondary analysis and rigorous data validation to ensure credible, actionable findings. Primary research included structured interviews with procurement leaders, product managers and channel partners to surface real-world constraints, procurement behaviors and product requirements. These qualitative inputs were complemented by documentary review of technical standards, regulatory filings and industry reports to ground observed behaviors in the broader context of policy and technology evolution.
Data triangulation served as a cornerstone of the approach: insights derived from interviews were cross-checked against supplier announcements, patent activity and publicly available certification records to mitigate bias and enhance reliability. Quality assurance steps included peer review by domain experts, consistency checks across segmentation dimensions and scenario analysis to test the resilience of strategic recommendations under plausible market conditions. Finally, the methodology acknowledges limitations associated with rapidly changing policy landscapes and proprietary supplier information, and it therefore recommends periodic refreshes and targeted primary follow-ups for organizations that require ongoing situational awareness.
Concluding perspective synthesizing key takeaways on routing resilience, technology adoption, supply chain shifts and priorities for executive decision-makers
This conclusion synthesizes the most consequential takeaways for executives navigating the routing domain. First, technology and regulatory shifts are accelerating the need for modular, software-centric routing solutions that can be updated in the field and certified across jurisdictions. Second, supply chain strategy has moved from cost optimization toward resiliency, with supplier diversification and nearshoring becoming strategic levers to manage tariff and logistics risk. Third, segmentation matters: different combinations of product type, protocol, application and channel create distinct value pools and require tailored product and commercial approaches.
In practical terms, companies that integrate product modularity, robust supplier governance and service-led commercial models will be best positioned to capture sustained value. Meanwhile, regional strategies must reconcile global scale with local compliance and channel expectations. Executives should therefore prioritize investments that improve visibility, shorten qualification cycles for alternate suppliers, and accelerate software-enabled differentiation. By focusing on these priorities, organizations can reduce exposure to policy volatility, respond faster to shifting customer requirements, and maintain competitive agility as the routing landscape continues to evolve.
Note: PDF & Excel + Online Access - 1 Year
A strategic primer on routing market essentials, emerging forces shaping connectivity, and the core implications for planners, operators and tech investors
This executive summary provides a focused introduction to the routing landscape, articulating the key drivers, structural challenges and practical implications that matter to senior leaders. It frames routing not simply as a component of connectivity but as a strategic domain where technology shifts, regulatory actions and supply chain choices intersect to influence product design, procurement decisions and commercial models. The intent is to orient executives and technical managers rapidly so they can prioritize next steps with clarity.
Building on observed trends, the narrative highlights how connectivity proliferation, software-defined architectures and rising compliance demands are changing expectations for routing platforms. In turn, the introduction situates routing within broader enterprise and consumer contexts, clarifying linkages to adjacent systems such as edge compute, device management and network security. Finally, the section sets up the subsequent analysis by outlining the most consequential forces shaping vendor behavior, buyer preferences and operational risks, thereby preparing decision-makers to interpret the detailed insights that follow and to apply them within their organizations.
How transformative shifts in technology, regulation and supply networks are rewriting routing economics, accelerating 5G adoption, and reshaping competitive moats
The routing environment is undergoing transformative shifts driven by converging technological advancements, changing trade policies and an intensified focus on resilience. On the technology front, the maturation of 5G, expanded edge compute capabilities and the growing role of software-defined networking are raising performance expectations and shortening product lifecycles. These technological inflections compel vendors to invest in modular hardware and more agile firmware update mechanisms, while buyers now demand future-proofing and interoperability as baseline requirements.
Concurrently, regulatory scrutiny and standards harmonization efforts are altering compliance roadmaps and increasing the importance of traceability in component sourcing. This regulatory momentum, paired with heightened attention to supply chain continuity, is prompting firms to diversify suppliers and to evaluate alternative manufacturing geographies. Moreover, the rise of IoT-enabled devices and new low-power wireless protocols is broadening the scope of routing use cases across industries, which, in turn, changes where and how routing intelligence is deployed. As a result, competitive dynamics are shifting toward integrated solution providers that combine software, security and lifecycle services, and market participants that respond fast to these shifts will capture disproportionate value.
Assessing the cumulative implications of U.S. tariff actions in 2025 on routing supply chains, component sourcing, cost structures and manufacturing
United States tariff actions in 2025 have produced a cumulative effect that extends beyond headline duties to alter supplier portfolios, contract design and inventory strategies across the routing ecosystem. As tariffs change the calculus on component sourcing and assembly, procurement teams are reallocating spend toward suppliers in tariff-exempt jurisdictions or investing in qualification processes for alternate vendors. This reallocation has practical implications for lead times, quality assurance workflows and validation cycles, and thus for product release schedules.
Furthermore, tariffs have encouraged firms to revisit total landed cost assumptions, incorporating not only duty rates but also compliance overhead, documentation complexity and the potential for retrospective adjustments. In response, manufacturers and OEMs are increasingly exploring nearshoring and multi-sourcing strategies to reduce exposure to tariff volatility while retaining access to specialized components. At the same time, distribution partners and channel intermediaries are adjusting inventory policies to buffer against customs disruptions, and legal teams are expanding tariff classification and mitigation capabilities. Taken together, these developments are creating a more conservative procurement posture, accelerating investments in supply chain visibility tools, and elevating the strategic value of supplier relationship management to preserve continuity and control costs.
Actionable segmentation insights on product types, connectivity technologies, applications, end-user profiles and distribution channels shaping routing demand
Segmentation provides the structure that turns broad trends into actionable insight, enabling leaders to tailor product, go-to-market and sourcing strategies to distinct customer needs and technical constraints. The analysis examines product type distinctions across Feature Phones, Smartphones, Tablets and Wearables, highlighting how form factor, power budgets and usage scenarios drive divergent routing requirements. In parallel, technology segmentation considers 4G, 5G, Bluetooth, IoT and Wi‑Fi, illustrating how latency, throughput and interoperability expectations vary by protocol and influence hardware architectures and firmware roadmaps.
Application-driven differentiation spans Automotive, Consumer Electronics, Healthcare and Industrial environments, each bringing unique certification, durability and security needs that routing solutions must address. End-user segmentation separates Enterprises, Government and Individuals, and further dissects enterprise demand into Large Enterprises, Medium Enterprises and Small Enterprises to reflect procurement cycles, customization appetite and managed services expectations. The distribution channel lens captures Online, Retail and Wholesale dynamics, with Online broken down into Direct Sales and E‑Commerce Platforms and Retail further divided into Hypermarkets and Specialty Stores, clarifying how purchase behavior, margin expectations and post-sale support needs differ across channels. By integrating these segmentation dimensions, the insights reveal which combinations of product type, technology, application, end-user and distribution converge to create high-priority opportunities and where incremental product adjustments can unlock disproportionate returns.
Regional perspectives across Americas, Europe Middle East & Africa and Asia-Pacific revealing how regulation, supply chains and adoption drive routing decisions
Regional patterns materially influence routing strategies and investment priorities, with each macro-region presenting a distinct mix of regulatory regimes, supply chain topologies and adoption rhythms. The Americas show strong demand for integrated solutions that support heterogeneous network environments and prioritize security and enterprise management features, while supply chains in the region favor a mix of domestic assembly and strategic imports that require nuanced tariff and compliance planning. Conversely, Europe, Middle East & Africa exhibits a patchwork of standards and regulatory approaches that compel vendors to design modular solutions capable of meeting varying certification requirements and to maintain localized compliance expertise.
Asia-Pacific remains a critical hub for component manufacturing and rapid technology adoption, where close proximity to OEMs and semiconductor suppliers accelerates iteration cycles and supports aggressive product roadmaps. However, this region also requires sensitivity to diverse carrier ecosystems and distinct commercial models. Across regions, transitional forces such as digital sovereignty initiatives, localized content requirements and logistics infrastructure constraints shape where companies choose to manufacture, certify and deploy routing equipment. As a result, regional strategies increasingly blend global product families with tailored regulatory and channel approaches to reconcile scale efficiencies with local market needs.
Strategic profiles and competitive dynamics examining leading companies' product roadmaps, partnerships, channel plays and priorities shaping routing products
Company dynamics center on how leading vendors are balancing product engineering, partnerships and commercial models to sustain momentum and differentiate in a crowded environment. Some organizations emphasize comprehensive platforms that combine hardware, lifecycle management and security services, thereby locking in recurring revenue streams and simplifying integration for large enterprise customers. Others focus on component-level excellence and tight supplier relationships to secure performance leadership in specific use cases such as automotive or industrial deployments.
Partnership strategies are particularly consequential: alliances with chipset vendors, software integrators and systems integrators accelerate time to market and broaden addressable use cases. Channel plays also diverge, with certain firms leaning into direct sales for complex enterprise deployments while others exploit e-commerce and retail channels to scale consumer-focused products quickly. Investment priorities reflect these choices, showing a tilt toward software-enabled features, certification programs and supply chain resilience initiatives. For buyers and partners, understanding a company’s orientation-whether product-integrator, component specialist or services-led vendor-clarifies expectations for roadmap stability, support commitments and co-innovation opportunities.
Practical recommendations for industry leaders to build resilience, optimize supply chains, prioritize tech adoption and navigate evolving regulatory landscapes
Industry leaders should act decisively across a small set of high-impact priorities to convert insight into durable advantage. First, invest in supplier diversification and qualification processes that reduce single-source exposure and shorten qualification timelines for alternatives; this improves resilience and provides negotiating leverage. Second, prioritize modular hardware design and software update frameworks so products can adapt to evolving protocol standards and regulatory requirements without costly full-platform redesigns. Third, expand capabilities in lifecycle services and managed offerings to transition from one-time sales to relationship-driven revenue and to capture downstream service margins.
Moreover, align commercial models with channel and customer needs by offering flexible distribution terms, localized support bundles and clear SLAs for enterprise customers. Strengthen compliance and tariff classification capabilities alongside digital tools for supply chain visibility so teams can model scenarios, rapidly respond to trade policy shifts, and minimize disruption. Finally, commit to targeted partnerships with chipset, software and systems integrators to accelerate integration into complex environments such as automotive and industrial IoT. Taken together, these moves position organizations to balance growth, margin protection and operational resilience in a dynamic routing landscape.
Methodology summary of primary interviews, secondary research, data triangulation, and quality assurance protocols used to validate routing market insights
The research methodology combines primary outreach, systematic secondary analysis and rigorous data validation to ensure credible, actionable findings. Primary research included structured interviews with procurement leaders, product managers and channel partners to surface real-world constraints, procurement behaviors and product requirements. These qualitative inputs were complemented by documentary review of technical standards, regulatory filings and industry reports to ground observed behaviors in the broader context of policy and technology evolution.
Data triangulation served as a cornerstone of the approach: insights derived from interviews were cross-checked against supplier announcements, patent activity and publicly available certification records to mitigate bias and enhance reliability. Quality assurance steps included peer review by domain experts, consistency checks across segmentation dimensions and scenario analysis to test the resilience of strategic recommendations under plausible market conditions. Finally, the methodology acknowledges limitations associated with rapidly changing policy landscapes and proprietary supplier information, and it therefore recommends periodic refreshes and targeted primary follow-ups for organizations that require ongoing situational awareness.
Concluding perspective synthesizing key takeaways on routing resilience, technology adoption, supply chain shifts and priorities for executive decision-makers
This conclusion synthesizes the most consequential takeaways for executives navigating the routing domain. First, technology and regulatory shifts are accelerating the need for modular, software-centric routing solutions that can be updated in the field and certified across jurisdictions. Second, supply chain strategy has moved from cost optimization toward resiliency, with supplier diversification and nearshoring becoming strategic levers to manage tariff and logistics risk. Third, segmentation matters: different combinations of product type, protocol, application and channel create distinct value pools and require tailored product and commercial approaches.
In practical terms, companies that integrate product modularity, robust supplier governance and service-led commercial models will be best positioned to capture sustained value. Meanwhile, regional strategies must reconcile global scale with local compliance and channel expectations. Executives should therefore prioritize investments that improve visibility, shorten qualification cycles for alternate suppliers, and accelerate software-enabled differentiation. By focusing on these priorities, organizations can reduce exposure to policy volatility, respond faster to shifting customer requirements, and maintain competitive agility as the routing landscape continues to evolve.
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
191 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Rising adoption of software defined wide area networking solutions for optimized enterprise routing across distributed locations
- 5.2. Increased implementation of artificial intelligence driven network management platforms for dynamic routing optimization in cloud environments
- 5.3. Growing demand for secure multi protocol label switching frameworks to enhance bandwidth efficiency and traffic engineering capabilities
- 5.4. Surge in 5G enabled edge routing infrastructure deployments to support ultra low latency applications in industrial and automotive sectors
- 5.5. Proliferation of intent based networking architectures for automated policy enforcement and real time routing adjustments
- 5.6. Integration of segment routing techniques with open routing protocols for scalable, flexible network traffic steering in service provider grids
- 5.7. Expansion of IoT focused routing gateways with enhanced security features to manage massive device connectivity in smart city implementations
- 6. Cumulative Impact of United States Tariffs 2025
- 7. Cumulative Impact of Artificial Intelligence 2025
- 8. Routing Market, by Product Type
- 8.1. Feature Phones
- 8.2. Smartphones
- 8.3. Tablets
- 8.4. Wearables
- 9. Routing Market, by Technology
- 9.1. 4G
- 9.2. 5G
- 9.3. Bluetooth
- 9.4. IoT
- 9.5. Wi-Fi
- 10. Routing Market, by Application
- 10.1. Automotive
- 10.2. Consumer Electronics
- 10.3. Healthcare
- 10.4. Industrial
- 11. Routing Market, by End-User
- 11.1. Enterprises
- 11.1.1. Large Enterprises
- 11.1.2. Medium Enterprises
- 11.1.3. Small Enterprises
- 11.2. Government
- 11.3. Individuals
- 12. Routing Market, by Distribution Channel
- 12.1. Online
- 12.1.1. Direct Sales
- 12.1.2. E-Commerce Platforms
- 12.2. Retail
- 12.2.1. Hypermarkets
- 12.2.2. Specialty Stores
- 12.3. Wholesale
- 13. Routing Market, by Region
- 13.1. Americas
- 13.1.1. North America
- 13.1.2. Latin America
- 13.2. Europe, Middle East & Africa
- 13.2.1. Europe
- 13.2.2. Middle East
- 13.2.3. Africa
- 13.3. Asia-Pacific
- 14. Routing Market, by Group
- 14.1. ASEAN
- 14.2. GCC
- 14.3. European Union
- 14.4. BRICS
- 14.5. G7
- 14.6. NATO
- 15. Routing Market, by Country
- 15.1. United States
- 15.2. Canada
- 15.3. Mexico
- 15.4. Brazil
- 15.5. United Kingdom
- 15.6. Germany
- 15.7. France
- 15.8. Russia
- 15.9. Italy
- 15.10. Spain
- 15.11. China
- 15.12. India
- 15.13. Japan
- 15.14. Australia
- 15.15. South Korea
- 16. Competitive Landscape
- 16.1. Market Share Analysis, 2024
- 16.2. FPNV Positioning Matrix, 2024
- 16.3. Competitive Analysis
- 16.3.1. Arista Networks, Inc.
- 16.3.2. ASUSTeK Computer Inc.
- 16.3.3. Ciena Corporation
- 16.3.4. Cisco Systems, Inc.
- 16.3.5. CommScope Holding Company, Inc.
- 16.3.6. D-Link Corporation
- 16.3.7. Dell Technologies Inc.
- 16.3.8. Extreme Networks, Inc.
- 16.3.9. Fortinet, Inc.
- 16.3.10. Hewlett Packard Enterprise Company
- 16.3.11. Huawei Technologies Co., Ltd.
- 16.3.12. Juniper Networks, Inc.
- 16.3.13. Linksys, LLC
- 16.3.14. Netgear, Inc.
- 16.3.15. Nokia Corporation
- 16.3.16. TP-Link Technologies Co., Ltd.
- 16.3.17. Xiaomi Corporation
- 16.3.18. ZTE Corporation
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