Network Device Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

Network Device Market Summary

Network Devices, including routers, gateways, and access points, enable connectivity in residential, commercial, and industrial networking. They are critical for data transmission, IoT, and 5G infrastructure, ensuring reliable communication. The market is characterized by its role in digital transformation, driven by rising internet penetration, smart cities, and industrial IoT. Trends include Wi-Fi 6E devices, edge computing integration, and secure gateways, with growing demand in emerging markets due to telecom and industrial growth.

Market Size and Growth Forecast
The global Network Device market was valued at USD 22.4–31.5 billion in 2024, with an estimated CAGR of 6.5%–8.5% from 2025 to 2030, propelled by 5G and IoT adoption.
Regional Analysis
North America grows at 6.0%–8.0%; the U.S. leads due to 5G infrastructure, with trends focusing on Wi-Fi 6E.
Europe achieves 6.3%–8.3% growth; Germany and the UK drive demand through smart cities, emphasizing secure gateways.
Asia Pacific records 7.0%–9.0% growth; China and India are key markets, with trends toward edge computing.
Rest of the World grows at 5.8%–7.8%; Brazil and South Africa show potential, with trends centering on industrial IoT.

Application Analysis
Residential Networking expands at 6.8%–8.8%; it supports home connectivity, with trends favoring Wi-Fi 6E.
Commercial Networking grows at 6.5%–8.5%; it drives enterprise solutions, emphasizing secure gateways.
Industrial Networking rises at 6.3%–8.3%; it supports IoT, with trends focusing on edge computing.

Type Analysis
Routers expand at 6.5%–8.5%; they ensure high-speed connectivity, with trends favoring Wi-Fi 6E.
Gateways grow at 6.8%–8.8%; they enable secure IoT, emphasizing cloud integration.
Access Points rise at 6.3%–8.3%; they support wireless networks, with trends focusing on scalability.

Key Market Players
Cisco Systems, based in San Jose, California, USA, is a leader in networking, known for scalable routers. Cisco is developing Wi-Fi 6E and targeting Asia.
Huawei, headquartered in Shenzhen, China, offers gateways, emphasizing 5G integration. Huawei is targeting Europe.
HP Enterprise, from Spring, Texas, USA, provides access points, focusing on enterprise solutions. HPE is targeting Latin America.
Digi International, based in Hopkins, Minnesota, USA, supplies industrial gateways, known for reliability. Digi is targeting India.
Adtran, headquartered in Huntsville, Alabama, USA, offers routers, emphasizing affordability. Adtran is targeting Africa.
Casa Systems, from Andover, Massachusetts, USA, provides 5G devices, focusing on innovation. Casa is targeting China.
Lantronix, based in Irvine, California, USA, supplies IoT gateways, emphasizing scalability. Lantronix is targeting Southeast Asia.
Sierra Wireless, from Richmond, British Columbia, Canada, offers industrial routers, known for durability. Sierra is targeting Brazil.
Nokia, headquartered in Espoo, Finland, provides 5G devices, focusing on performance. Nokia is targeting the Middle East.
Inseego, based in San Diego, California, USA, supplies mobile gateways, emphasizing portability. Inseego is targeting North America.

Porter’s Five Forces Analysis
The threat of new entrants is moderate; high R&D costs deter entry, but IoT demand attracts niche players.
The threat of substitutes is low; alternative connectivity lacks network devices’ scalability.
Buyer power is moderate; enterprises demand performance, but large buyers negotiate pricing.
Supplier power is low; chipsets are widely available, reducing supplier leverage.
Competitive rivalry is high; firms differentiate through Wi-Fi 6E, edge computing, and security.

Market Opportunities and Challenges
Opportunities
5G and IoT drive network device adoption.
Wi-Fi 6E and edge computing enhance market growth.
Emerging markets offer expansion as telecom grows in Asia and Africa.
Challenges
High costs of advanced devices limit adoption in small-scale projects.
Cybersecurity threats increase development costs.
Intense competition pressures pricing for branded devices.

Growth Trend Analysis
The Network Device market is growing robustly, driven by 5G and IoT needs. Blue Mantis’ triple acquisition on March 20, 2025, expands network services. VIAVI’s acquisition of Spirent’s Ethernet and security business on March 5, 2025, strengthens testing capabilities. Communicate’s acquisition of Blaze Networks on March 18, 2025, enhances secure networking. Accenture’s acquisition of Fibermind on July 31, 2024, bolsters 5G services. The network infrastructure market’s projected revenue of USD 253.21 billion in 2025 aligns with a CAGR of 6.5%–8.5% through 2030.