Internetworking Devices Market is estimated to hold the maximum market share throughout the forecast period

Internetwork is a collection of various individual networks that are connected by several intermediate connecting devices and that collectively function as a single large network. Internetworking creates a single virtual network over which all nodes connected to different networks such as LAN or WAN can communicate with one another transparently and seamlessly. An internetworking device is a hardware. A computer network can be designed by using various network devices such as network interface cards (NICs), repeaters, modems, bridges, hubs, gateways, and switches. These devices are used for building networks such as LAN and WAN.

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The global internetworking devices market can be segmented based on device type, end-user, and region. In terms of device type, the market can be classified into hubs, switches, modems, routers, bridges, and repeaters. Based on end-user, the global internetworking devices market can be divided into large enterprises and small & medium-sized enterprises (SMEs). The large enterprises segment is estimated to hold the maximum market share throughout the forecast period. This is primarily due to expansion strategy of these enterprises. They are focusing on expanding their global footprint and establishing new facilities in untapped markets. On the other hand, the small & medium-sized enterprises segment is projected to expand at a higher CAGR during the forecast period, due to increasing government initiatives to support growth of small and medium-sized enterprises.

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Pragati Pathrotkar

Pragati’s longstanding experience in the field of market research is reflected in her insightful news articles on business, science, and technology as presented on Edition Truth. Her interest lies in understanding the ramifications of cultural diversity, green behavior, ecommerce, economic progress, and technical consciousness on these increasingly consumer-oriented industries. Her understanding of digital marketing techniques gives her news stories an engaging twist.

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