Rising Demand for Connected Workplace Driving Asia-Pacific Networking Equipment Market

The market is growing due to the expanding over the top (OTT) industry, rising cyber security expenditure, increasing data traffic, surging penetration of bring your own device, and rising demand for connected workplace. Physical networking devices that are required for interaction and communication between electronic devices over a computer network are referred to as networking equipment.

On the basis of type, the APAC networking equipment market is categorized into switch, modem, storage device, repeater/range extender/booster, NIC/adapter, router, security device, cable, access point, bridge, and others (which include amplifiers, hubs, and antennas). 

Out of these, the market was dominated by the router category during the historical period (2014–2018), which is further projected to hold the largest share of the market during the forecast period. This is due to the increasing requirement for high-speed data transmission from the customers, which has compelled large enterprises to improve network efficiency at reduced operational costs.

When end user is taken into consideration, the APAC networking equipment market is divided into commercial, telecom/internet service provider (ISP), residential, data center, and government & transportation. 

Among these, the government & transportation division accounted for the major share of the market during the historical period and is expected to retain its position during the forecast period. 

The residential division is projected to advance at the fastest pace during the forecast period, which is due to the increasing number of residential building projects in countries including Japan, India, and China.