Press release
COVID-19 Impact on Wireless Router Market Expected to Reach Tremendous Growth by 2027 with key players Like Apple Inc., Arris, Arista, ASUSTek Computer Inc., Belkin International, Inc.
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.
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Top Key Players:- 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.
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.
Since 2015, the Asia Pacific started regaining its attention towards development of Wi-Fi, and the government authorities and internet service providers have become key influencers in the market by investing significantly into 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.
Market Segmentation:
Wireless Router Market - By Standard
o 802.11b
o 802.11g
o 802.11n
o 802.11AC
o 802.11AX
Wireless Router Market - By Band
o Single Band
o Dual band
o Tri Band
Wireless Router Market - By Application
o Household
o Commercial
o Industry
o Transportation
Wireless Router Market - By End-user
o Outdoor
o Indoor
North America pioneers the world in a smartphone and 4G adoption and it is forecasted to jump to 5G network & services in no time. The regions ability to stay at par with its other competitive regions (Europe and APAC) is mainly attributed to the successful & large-scale rollouts of 4G across Canada and U.S, and simultaneously increasing the market for smartphones with 4G capabilities. In the coming 2 years, the penetration of mobile subscribers is extrapolated to be 84%, with several people owning more than one connected devices.
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
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