How is Internet Popularity Leading Asia-Pacific Networking Equipment Market to Prosperity

In 1990, less than 1% of the global population had access to the internet, which has drastically increased to more than 47% in 2018, as per the World Bank. With the majority of the population of the world concentrated in the Asia-Pacific (APAC) region, it is home to a greater number of internet users compared to others.

Access to the internet has helped in bringing people closer by providing a smooth communication channel; however, it has also made people prone to numerous cyber-crimes. As the internet ecosystem in emerging economies is still underdeveloped as compared to developed nations, it has been found that companies in APAC are 80% more likely to be targeted by hackers.

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Physical networking devices that are used for communication and interaction between electronic devices over an established network are collectively referred to as networking equipment. The equipment helps in combining, switching, splitting, boosting, and directing the information flow over a computer network.

Therefore, to avoid such incidents in the future, governments in the APAC region are increasingly investing in cyber security by deploying various network security products, such as intrusion detection systems, firewalls, e-mail security systems, and application security systems.

According to a P&S Intelligence study, the APAC networking equipment market is predicted to reach $42,753.4 million in the near future, advancing at an 11.3% CAGR. The networking equipment comprises the following types of devices: bridges, routers, repeaters/boosters/range extenders, switches, access points, security devices, storage devices, modems, cables, and network interface cards (NIC)/ adaptors.

In the past, the highest demand was for routers due to an increasing requirement for high-speed data transmission from consumers. Routers deliver data packets to the destination network by receiving them, analyzing the internet protocol destination, and transmitting the data packets within or to another network.

APAC Networking Equipment Market Segmentation

Market Segmentation by Type

• Router
  • By type
    • Wired
    • Wireless
  • By maximum speed
    • 150 Mbps
    • 300 Mbps
    • 450 Mbps
    • 600 Mbps
    • Above 600 Mbps
  • By end user
    • Government and transportation
    • Commercial
    • Telecom/ISP
    • Data center
    • Residential
• Switch
  • By type
    • Managed
    • Unmanaged
  • By number of ports
    • Less than 5
    • 5–16
    • 17–24
    • 25–48
    • Above 48
  • By end user
    • Government and transportation
    • Commercial
    • Telecom/ISP
    • Data center
    • Residential