|01-11-2019 07:55 PM CET - IT, New Media & Software||
Cellular Routers Market will Exhibit a Steady CAGR of 14.4% during 2025 - Key Players Cradlepoint, Sierra Wireless, Digi International, Advantech, Moxa, Belden and CalAmp
Press release from: The Insight Partners
The Cellular Router Market is US$ 565.1 Mn in 2017 and estimated to grow at a CAGR of 14.4% during the forecast period 2018 - 2025 and account US$ 1,639.4 Mn by the year 2025.
Worldwide Cellular Routers Market Analysis to 2025 is a specialized and in-depth study of the Cellular Routers Industry with a focus on the global market trend. The report aims to provide an overview of global Cellular Routers Market with detailed market segmentation by product/application and geography. The global Cellular Routers Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Cellular Routers players and offers key trends and opportunities in the market.
The business era prevailing today is transforming rapidly and therefore is entirely unprecedented. New innovation in technology has created a business landscape of “Disrupt or be disrupted”. With the advancement in technology in today’s world and the existing network, infrastructures prove to be incapable of handling the predicted surge in the number of connected devices as well as the data explosion over the network. As a result, a huge demand for a more robust and reliable communication network infrastructure capable of handling the huge influx of data over the network is on the rise. Therefore, market players are adopting different strategies such as agility, low cost, rapid deployment, and other expansion strategies. Network security and data breaches are two major concerns for the industry.
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Leading Cellular Routers Market Players:
1. Cradlepoint, Inc.
2. Sierra Wireless, Inc.
3. Digi International Inc.
4. Advantech Co. Ltd.
5. Moxa Inc.
6. Belden, Inc.
7. CalAmp Corp.
8. Peplink International Limited
10. Siemens AG
Cellular M2M (Machine-to-Machine) provides the ability to connect diverse devices and applications by enabling fixed assets, such as electric meters, or mobile assets, such as fleet vehicles. The cellular M2M product segment is composed of different communications products and development services, including cellular routers and gateways. The cellular routers provide connectivity for devices over a cellular data network. They can be used as a cost-effective alternative to a fixed phone line for primary or backup connectivity for inaccessible sites and devices. These products are certified by some of the major wireless network providers including, AT&T, Sprint, Verizon Wireless, Bell Mobility, Rogers and Vodafone, etc. These products act as a cellular gateway when combined with other network product and provide cellular network access to devices where there is no existing network or where access to other network is barred.
The cellular router market segmentation is done on the basis of connection type, product type, and application. The cellular router market has been segmented on the basis of connection type into 3G, and 4G LTE. Also, the cellular router market has also been segmented on the basis of product type into standalone, and multiuse. Further, the cellular router market has been segmented on the basis of application into retail/commercial, residential, industrial, and transportation. On the basis of geography, the cellular router market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
APAC is expected to be the fastest growing region in the cellular router market. The major reason for this is the huge electronics and semiconductor hub in China coupled with the large population density of the region. Also, China accounts for the largest shipments for semiconductors across the world, the new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to the high growth of Cellular router market in the region.
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What our report offers:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Cellular Routers Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Cellular Routers, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
The Insight partners,
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 are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
The Insight Partners
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This release was published on openPR.
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