Press release
Wireless Router Market to Witness Growth Acceleration During 2018-2025 Shenzhen Tenda Technology, TP-Link Technologies, Belkin, Edimax Technology, Netgear, Xiaomi
The global wireless router market for the applications is fragmented into household, commercial, industrial and transportation. The industrial segment is further sub-segmented into government, manufacturing & natural resources, BFSI, education, healthcare, enterprise and others. Whereas the transportation segment is further sub-segmented into railways, airways, and roadways. There are several major benefits to implement a wireless network in a place as compared to wired network. Further, many companies are installing selective or limited wireless network along with their existing wired connection, so as to realize the advantages of both the connections. However, it may involve additional cost, but can be proved as an ideal solution, particularly for larger organizations. The industry application segment is estimated to dominate the market in 2017, in terms of revenue followed by household, and commercial.The wireless router market is estimated to reach US$ 16,128.2 Mn by 2025 from US$ 8,531.7 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
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Considerable acceleration for the demand for wireless router owing to the continuing trend toward automation and sustained advanced technical improvements in wireless router is majorly driving the market for smart infrastructure.
Wireless routers are devices that performs the functions of a router and include the functions of a wireless access point. It is used to provide access to the Internet or a private computer network. Wireless router in our research study do not includes wi-fi enabled household/ mobile router + extenders such as Netgear orbi, google WiFi, etc. The report covers market by both revenue as well as shipment. Unit shipments are the unit measure of product sales by vendors or by distribution channels to end users. Market revenue reflect revenues paid by the final customer to primary vendors and service providers either directly or through distribution channels.
There has been constant development in wireless router industry. Recently, D-Link showcased New Dual-Band and Tri-Band Wi-Fi Systems. The company introduced two whole home Wi-Fi system. 2-pack Tri-Band Whole Home Wi-Fi System (COVR-2202) and 3-pack Dual-Band Whole Home Wi-Fi System (COVR-C1203). The Covr Wi-Fi systems provides intelligent solutions that offers wireless network with high speed and broad coverage to home. Also, Huawei presented wireless router to speed-up LTE. Huawei Technologies has worked to provide high speed upto 220Mbps through LTE-Advanced at 3.5GHz. The company launched a wireless router device which combines the high-speed network with frequency band.
North America is one of the prominent regions in wireless routers market which will contribute highest revenue globally due to technological developments and considerable application of wireless routers in different industrial segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth construction sector will pave the path for increasing adoption and propel the market for wireless routers market. The APAC region is expected to lead the market with highest CAGR during the forecast period.
Some of the leading wireless router market include, ASUSTek Computer Inc., Belkin International, Inc., Buffalo Technology, Cisco Systems, Inc., D-Link Systems, Inc., EDIMAX Technology Co., Ltd., Huawei Technologies Co., Ltd., NETCORE Group (Qihoo 360), Shenzhen Tenda Technology Co., Ltd., TP-Link Technologies Co. Ltd., and Xiaomi among others.
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