Growth in investments in smart city projects Expected to Drive Global Bridges, Gateways and Routers Market: Ken Research

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Bridges, gateways and routers market comprises of sales of bridges, gateways and routers & related services for networking purposes. Bridges, gateways and routers establishment produces the devices that are used for networking as well as manage the amount of traffic.

Bridges join segments/workgroup Local Area networks (LANs). These bridges divide a network to isolate the traffic or problems. They are used to provide for an increased number of computers on a network, expand the distance of a segment and reduce the traffic bottlenecks resulting from an excessive number of attached computers etc. They work at Data Link Layer of the OSI (Open Systems Interconnection) model.

Router is such a device that works as a switch. It routes the data packets based on their IP addresses. It is mainly a Network Layer device. Routers normally connect LANs and Wide Area Network (WANs) together and have a dynamically updating the routing table based on which they compose decisions on routing the data packets. Router divides the broadcast domains of hosts connected through it.

Gateways make communication possible between the different architectures and environments. They repackage & convert the data, which are going from one environment to another so that each environment can recognize the other’s environment data. They can also change the format of message to conform to the application program at the receiving end of the transfer.

Referring to study, “Bridges, Gateways And Routers Global Market Report 2020-30: Covid 19 Impact and Recovery” some of the key companies operating in the global bridges, gateways and routers market are Netgear Inc, NXP Semiconductors N.V., Cisco Systems, Inc., D-Link Corporation, Notion, Intel Corporation, Hewlett Packard Enterprise Co,  Asustek Computer Inc., TE Connectivity Ltd., Dell Inc., Huawei Investment & Holding Co., Ltd., Helium Systems Inc., Microchip Technology Inc., Huawei Investment & Holding Co., Ltd, NXP Semiconductors N.V. and Estimote Inc.

Based on application, bridges, gateways and routers market is segmented as commercial, household, transportation and industry. In addition, based on end-use, market is segmented as outdoor and indoor.

The bridges, gateways and routers market is majorly driven by growth in digitization, which is driving the use of wireless technologies and equipment in developed or developing countries. Growth in public WiFi, rise in data traffic, growth and emerging 4G & 5G technologies are driving the growth of wireless equipment that entails bridges, gateways and routers for transferring data over a network. Moreover, leading companies are shifting from traditional communications systems for instance fixed line technologies to wireless & mobile technologies.

It is estimated that future of the global market will be bright as a result of rapid growth in investments in smart city projects in many countries during the forecast period. Smart city technologies use information & communication technologies to efficiently manage or operate urban services such as transportation systems, water supply and law and order. These technologies are enabled through Internet of Things (IoT), Cyber-Physical Systems (CPS), Cloud Computing, Wireless Sensor Networks (WSNs), and Unmanned Aerial Vehicles (UAVs). It is also estimated that the global bridges, gateways and routers market will be reached at US $203.36 billion by 2023, at a compound annual growth rate (CAGR) of 7.28%.

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Global Bridges, Gateways and Routers Market

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