The North America AI-Powered Routers Market is expected to witness market growth of 22.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America AI-Powered Routers Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.30 billion by 2031. The Canada market is experiencing a CAGR of 24.5% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 23.6% during 2024-2031.
The market for AI-powered routers has also experienced significant growth because of the ongoing transition to remote work and the emergence of cloud computing. The volume of data transmitted over networks has seen a significant increase as businesses increasingly depend on cloud services and Software as a Service (SaaS) applications for their operations.
Moreover, AI-powered routers are uniquely positioned to manage this increase in data traffic by providing intelligent traffic management capabilities. They can reduce latency, improve cloud access, and ensure reliable connectivity for remote workers, all essential for maintaining productivity in hybrid work environments.
The AI-powered routers market in North America is experiencing robust growth, largely fueled by the region's expanding IT and telecom sectors. A major driver of this demand is the rapid adoption of 5G technology, supported by significant government and private sector investments. The Federal Communications Commission (FCC) has been actively auctioning the 5G spectrum to enhance nationwide coverage and connectivity. With over 357 million mobile subscribers in the U.S., as reported by the FCC, the extensive use of mobile devices and wireless services underscores the necessity for advanced networking solutions, including AI-powered routers, to manage the increasing data traffic and connectivity demands.
The US market dominated the North America AI-Powered Routers Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.30 billion by 2031. The Canada market is experiencing a CAGR of 24.5% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 23.6% during 2024-2031.
The market for AI-powered routers has also experienced significant growth because of the ongoing transition to remote work and the emergence of cloud computing. The volume of data transmitted over networks has seen a significant increase as businesses increasingly depend on cloud services and Software as a Service (SaaS) applications for their operations.
Moreover, AI-powered routers are uniquely positioned to manage this increase in data traffic by providing intelligent traffic management capabilities. They can reduce latency, improve cloud access, and ensure reliable connectivity for remote workers, all essential for maintaining productivity in hybrid work environments.
The AI-powered routers market in North America is experiencing robust growth, largely fueled by the region's expanding IT and telecom sectors. A major driver of this demand is the rapid adoption of 5G technology, supported by significant government and private sector investments. The Federal Communications Commission (FCC) has been actively auctioning the 5G spectrum to enhance nationwide coverage and connectivity. With over 357 million mobile subscribers in the U.S., as reported by the FCC, the extensive use of mobile devices and wireless services underscores the necessity for advanced networking solutions, including AI-powered routers, to manage the increasing data traffic and connectivity demands.
List of Key Companies Profiled
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Juniper Networks, Inc.
- TP-Link Technologies Co. Ltd.
- Netgear, Inc.
- ASUSTeK Computer Inc.
- D-Link Corporation
- Belkin International, Inc. (Foxconn Interconnect Technology Limited)
- ZTE Corporation
- Arista Networks, Inc.
Market Report Segmentation
By Type
- Wireless AI-powered Routers
- Dual-band Wireless AI-powered Routers
- Single-band Wireless AI-powered Routers
- Tri-band Wireless AI-powered Routers
- Wired AI-powered Routers
By Enterprise Size
- Large Enterprises
- SMEs
By Deployment Mode
- Cloud-based
- On-premises
By Application
- Residential
- Enterprise
- Industrial
By End Use
- IT & Telecom
- BFSI
- Healthcare
- Education
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America AI-Powered Routers Market by Type
Chapter 6. North America AI-Powered Routers Market by Enterprise Size
Chapter 7. North America AI-Powered Routers Market by Deployment Mode
Chapter 8. North America AI-Powered Routers Market by Application
Chapter 9. North America AI-Powered Routers Market by End Use
Chapter 10. North America AI-Powered Routers Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Juniper Networks, Inc.
- TP-Link Technologies Co. Ltd.
- Netgear, Inc.
- ASUSTeK Computer Inc.
- D-Link Corporation
- Belkin International, Inc. (Foxconn Interconnect Technology Limited)
- ZTE Corporation
- Arista Networks, Inc.
Methodology
LOADING...