Residential Gateway Market Size, Industry Trends and Analysis Report 2023-2028

How Big Is the Residential Gateway Market?

The global residential gateway market size reached US$ 5.47 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 8.05 Billion by 2028 exhibiting a CAGR of 6.6% during 2023-2028.

Industry Overview of the Residential Gateway Market

A residential gateway, also commonly referred to as a home router, is a compact consumer-grade device designed to facilitate the connection between a local area network (LAN) and a wide area network (WAN) through a modem. Its primary function is to act as an intermediary between various internet service providers and digital home networks. Typically equipped with multiple ethernet ports, integrated routing capabilities, and wireless access points, the residential gateway serves as a bridge that connects various consumer electronic devices, including desktop computers, printers, laptops, and tablets. One of the notable advantages of a residential gateway is its user-friendly nature, which eliminates the need for intricate network configurations. This device provides simplified access to multiple networks, ensuring smooth interconnectivity between various internal and external networks. As a result, residential gateways have gained widespread adoption in households, enabling residents to access essential services like cable television, internet connectivity, and telephone services, all delivered conveniently to their homes.

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Residential Gateway Market Trends and Drivers:

The residential gateway market is experiencing robust growth, driven by several key factors shaping its trajectory. Foremost among these factors is the surging demand for high-speed and dependable internet connectivity. With the widespread usage of consumer electronic devices like televisions (TVs), Wi-Fi routers, and smartphones within households, there's a pressing need for efficient connectivity solutions. Additionally, the growing popularity of streaming services, characterized by extensive content libraries and affordable subscription rates, is boosting the market further. Furthermore, the rise in demand for internet protocol television (IPTV) and broadband connections is contributing to market expansion. The residential gateway is becoming increasingly indispensable in smart homes, where it facilitates the operation of interconnected devices like security cameras, thermostats, and smart locks. This enhances convenience, comfort, and security for users, driving its adoption. The media and entertainment sector's continuous growth, coupled with the emergence of over-the-top (OTT) platforms, the integration of the internet of things (IoT), and the introduction of 4K/8K ultra-high-definition (Ultra HD) video streaming services, are all significant factors fostering market growth. Additionally, the launch of new services by network operators and the development of common international standards are expected to provide further impetus to the residential gateway market in the coming years.

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What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:
High-end Residential Gateways
General Residential Gateways

Component Type Insights:
Modem
Router
Network Switch
Others

Connection Type Insights:
Local Area Network (LAN)
Metropolitan Area Network (MAN)
Wide Area Network (WAN)

Application Insights:
Internet
STB
DVR
Others

Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Top Key Players covered in this report are: Actiontec Electronics Inc., Advanced Digital Broadcast, AudioCodes Ltd., AVM, Cisco Systems, Comtrend Corporation, Huawei Technologies Co. Ltd., Humax Co. Ltd., Sagemcom, Vantiva SA, Zyxel Communications Corporation (Unizyx Holding Corporation), etc.

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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