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Wireless Router Market Size Worth US$ 16,128.3Million By 2025 | CAGR 8.29%: The Insight Partners

According to the new research report published by The Insight Partners, titled “Wireless Router Market  – Global Analysis and Forecast to 2025”, the global wireless routers market is expected to reach US$ 16.1 billion by 2025, registering a CAGR of 8.3% during the forecast period 2018 to 2025.

Considerable acceleration for the demand for wireless routers owing to the continuing trend toward automation and sustained advanced technical improvements in the wireless routers is majorly driving the market for smart infrastructure. North America is the world’s largest market for wireless routers market owing to the presence of a large number of industries as well as the growing adoption of smart home equipment. Geographically, the market is currently dominated by North American countries, especially by the US, however, the market is expected to be in favor of APAC and Europe, which is anticipated to witness remarkable IoT and connected infrastructure over the coming years. Besides this, the Middle-East region shows the highest growth rate in near future due to growing urbanization, rising population, and government support for smart cities and smart infrastructure deployment.

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Since 2015, the Asia Pacific started regaining its attention towards the development of Wi-Fi, and the government authorities and internet service providers have become key influencers in the market by investing significantly in public Wi-Fi facilities. Further, the dramatically increasing popularity of value-added services (VAS) and mobile applications like online gaming and video streaming has accelerated the demand growth of mobile data traffic. Owing to this several MNOs (Mobile Network Operators) in the region are providing their customers with Wi-Fi services in order to reduce the data traffic from 4G and 3G networks. According to a survey performed in 2015, approximately 90% of the mobile user in APAC used Wi-Fi, whereas 20% of them prefer to use Wi-Fi over mobile data.

Key findings of the study:

From a growth perspective, the Asia-Pacific region is anticipated to witness a lucrative CAGR growth rate of 11.1% during the forecast period

Based on application, the household segment is projected to witness profitable opportunities with a projected CAGR growth rate of 9.7%

Based on end-user, the indoor segment is projected to grow with a CAGR of 8.5%

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Increasing demand for high-speed mobile broadband connection

Economic affordability and availability of smartphones, bolstering demand for internet access, reduced technology cost per MB of data, and lack of fixed-line access in certain developing markets are some of the factors cumulatively, driving the mobile broadband connectivity globally. Furthermore, according to a study from industry giant Google, Inc. nearly 93% of smartphone users majorly use their smart devices while at home. Thus, owing to the increasing penetration of mobile broadband, the traction among industry players is growing, leading to rapid technological expansion in the market. This expansion in the mobile broadband market is expected to optimistically impact the year-on-year growth of the wireless routers market.

Wireless Router Standard-Based Market Insights

On the basis of standards, the global wireless router market is segmented into 802.11b, 802.11g, 802.11n, 802.11ac, and 802.11ax. Businesses and homeowners seeking to buy wireless routers face a range of selections. Each standard differs in terms of costs, speed, the frequency used, and transmission ranges. However, their implementation is quite similar. All these standards can use either an ad hoc network design or infrastructure, and each can use the same security protocols.

Wireless Router Band-Based Market Insights

On the basis of the band, the global wireless router market is categorized into single, dual, and tri-band routers. These bands refer to the channels of a router, on which routers operate. Each of these bands supports different functions of the wireless devices and their data usage. The single band routers operate at the lower frequency of 2.4 GHz, whereas the dual-band router operates on both 2.4 GHz as well as 5GHz. The tri-band routers support the channels from 5GHz to 5.8 GHz. The majority of the population across the globe use the channels between 2.4 GHz to 5GHz and thus, Dual-band wireless routers are the most preferred and deployed routers among the three.

Wireless Router Market: Competitive Landscape and Key Developments

Apple Inc., Arris, Arista, ASUSTek Computer Inc., Belkin International, Inc., Buffalo Technology, Cisco Systems, Inc., D-Link Systems, Inc., EDIMAX Technology Co., Ltd., HP Inc., Huawei Technologies Co., Ltd., Juniper Networks, MERCURY, MikroTik, Motorola, NETCORE Group (Qihoo 360), Netgear, Nokia, Shenzhen Tenda Technology Co., Ltd., Swisscom, Tenda, TP-Link Technologies Co. Ltd., Ubiquiti Networks, and Xiaomi are among the key players in the global Wireless Router market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

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In 2018, D-Link and McAfee stated that D-Link AC2600 Wi-Fi Router driven by McAfee (DIR-2680) increases security for devices present in the home network.

In 2018, Huawei presents a wireless router to speed-up LTE. Huawei Technologies has worked to provide high speed up to 220Mbps through LTE-Advanced at 3.5GHz.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

 

Contact Person: Sameer Joshi

E-mail: sales@theinsightpartners.com

Phone: +1-646-491-9876

 

 

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