Wireless Router Market to Grow at a CAGR of 8.3% Through 2025 - Cisco Systems, TP-Link Technologies, Belkin International, D-Link, Edimax Technology, Huawei Technologies, Netgear, Xiaomi and ASUSTeK Computer

Wireless Router Market is expected to grow from US$ 8,531.7 Mn in 2017 to US$ 16,128.3 Mn by 2025 at a CAGR of 8.3% between 2018 and 2025.

The volatile growth of the internet industry coupled with demand for mobility is fuiling a rapid rise in the demand for wireless routers. Companies that were quick to jump into the wireless router trend are Cisco, Enterprise, 3Com, ADTRAN, NetGear, Linksys (now Cisco), D-Link, Vanguard, Tasman, Enterasys, Telesyn, etc. The existing enterprise business model cannot afford to be on the traditional network, it needs a network that allows the enterprise to take advantage of digital transformation with the flexibility required to support the dynamic enterprise.

While the network of the past was monolithic and inflexible, the network of the future must be dynamic, programmable and able to meet workloads wherever they may be. The South America wireless router market region is expected to witness a CAGR growth rate of 5.4% in the coming years.

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Top Dominating Key Players:

1. Cisco Systems, Inc.
2. Shenzhen Tenda Technology Co. Ltd.
3. TP-Link Technologies Co. Ltd.
4. Belkin International, Inc.
5. D-Link Corporation
6. Edimax Technology Co., Ltd.
7. Huawei Technologies Co.Ltd.
8. Netgear Inc
9. Xiaomi
10. ASUSTeK Computer Inc

Worldwide Wireless Router Market Analysis to 2025 is a specialized and in-depth study of the Wireless Router Industry with a focus on the global market trend. The report aims to provide an overview of global Wireless Router Market with detailed market segmentation by product/application and geography. The global Wireless Router Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Wireless Router players and offers key trends and opportunities in the market.

Surge in demand for high speed internet connections

Economic affordability and availability of smart phones, bolstering demand for internet access, reduced technology cost per MB 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 increasing penetration of mobile broadband, the traction among industry players is growing, leading to rapid technological expansion in the market.

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Government initiative towards promotion of wireless network solutions

Government all over the globe has been significantly investing in the development of network infrastructures that includes the smart city. The supportive finance policies designed by governments are likely to result in enhancing markets for information technology solutions and telecommunication equipment markets, further paving the growth opportunity for wireless routers markets. The Asia Pacific region has been witnesses putting several efforts and capital for enhancement of its broadband services. For instance, the ‘Development of Digital Convergence Program’ by Taiwan was initiated in order to secure a broadband network with an average speed of 100 Mb/s for the promotion of convergence of telecommunication services.

GLOBAL WIRELESS ROUTER MARKET SEGMENTATION

Wireless Router Market – By Standard

• 802.11b
• 802.11g
• 802.11n
• 802.11AC
• 802.11AX

Wireless Router Market – By Band

• Single Band
• Dual band
• Tri Band

Wireless Router Market – By Application

• Household
• Commercial
• Industry
• Transportation

Wireless Router Market – By End-user

• Outdoor
• Indoor

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Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

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This release was published on openPR.