Press release
US$ 16,128.3 Million Wireless Router Market will reach 8.3% of CAGR by 2025 with Strategic Insights by Top Players – Apple, Arris, Arista, ASUSTek Computer, Belkin International, Buffalo Technology, Cisco Systems
Wireless Router Market to 2025
This market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Businesses can utilize this Wireless Router Market report to obtain productive ideas with which product can be made more effective and impressive in the competitive market. Wireless Router Market research report is the high quality report having in-depth market research studies. In addition to detailing about competitive landscape of the key players, this report also offers complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology.
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. The North America is the world’s largest market for wireless router market owing to the presence of large number of industries as well as growing adoption of smart home equipment’s.
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Some of the companies considered while deriving the global and regional wireless router market are 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, among others.
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 projected CAGR growth rate of 9.7%
• Based on end-user, the indoor segment is projected to grow with a CAGR of 8.5%
The report assists in determining and analyzing the Key market players’ portfolios with information such as company profiles, components and services offered, financial information of last 3 years, key developments in past five years and helps in constructing strategies to gain competitive advantage. The market payers from Wireless Router Market are anticipated to lucrative growth opportunities in the future with the rising demand for Wireless Router in the global market. Below mentioned is the list of few companies engaged in the Wireless Router Market.
Wireless Router Market - Strategic Insights
Strategies such as acquisition, market initiative and new development was observed as the most adopted strategy in global wireless router market. Few of the recent strategies by some of the players’ operating in the Wireless Router Market landscape are listed below-
2018: D-Link launched 802.11ax Ultra Wi-Fi Routers for connected home devices. The company showcased two 802.11ax routers to its Ultra Wi-Fi router line, AX6000 Ultra Wi-Fi Router (DIR-X6060) and AX11000 Ultra Wi-Fi Router (DIR-X9000). Developed to increase the limit of Wi-Fi performance in the entire home with multiple device usage. The dual-band AX6000 Ultra Wi-Fi Router works at a speed of up to 6,000 Mbps and tri-band AX11000 Ultra Wi-Fi Router at 11,000 Mbps.
2018: Netgear launched a new security service to protect any device connected with Netgear router. Netgear Armor driven by Bitdefender is an improved multilayer solution which functions on Netgear routers and connected devices identify and secure home from spyware, viruses, phishing, and spam. This feature to be integrated in Nighthawk AC2300 Smart WiFi router (R7000P) later in this quarter.
2017: ASUS Republic of Gamers (ROG) launched Rapture GT-AC5300, is a gaming router with powerful PC-grade CPU with antennas and ultra-fast ports to meet all difficult challenges. GT-AC5300 is a tri-band integrated with 802.11ac standard Wi-Fi, eight gigabit-LAN ports used for wired devices, and two USB ports to access files on USB storage.
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This exponential growth in the Indian market is majorly attributed to rapidly growing internet user base in the country, which is projected to be approximately 800 Mn by 2020. According to Ericson Mobility Report 2016, majority of the data traffic on the Wi-Fi was generated by the ultimate usage of video apps on the smart phones. The remarkable growing demand for Wi-FI and high speed internet is expected to drive the Indian wireless router market.
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
Wireless Router Market - By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o Germany
o Italy
o Spain
o U.K.
• Asia-Pacific (APAC)
o Japan
o China
o India
o Singapore
• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa
• South America
o Brazil
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