Residential Router Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

Residential router market is expected to grow at a significant CAGR during the forecast period. Internet Service Providers use wireless routers to link their internet connections to the router. They are physical devices that connect to the Internet through cable or xDSL. A wireless access point and a router are connected by a Wi-Fi router. A router's function is to link one local connection to another or to connect a local connection to the Internet. A wireless connection uses radio frequencies of 900 MHz, 2.4 GHz, 3.6 GHz, 5 GHz, and 60 GHz to connect wirelessly to networks. The IEEE 802.11 ac Wave 2 standard is used in the newest routers. Wireless LAN is another term for a wireless router.

Some of the factors pushing mobile broadband connectivity internationally are economic affordability and availability of smartphones, increasing demand for internet access, lower technological cost per MB data, and a lack of fixed-line access in certain growing economies. The market's growth is being fuelled by the increasing use of connected devices and smart household items. 

In May 2018, D-Link and McAfee announced that the D-Link AC2600 Wi-Fi Router with McAfee (DIR-2680) improves security for devices in the home network.  In June 2018- Huawei released a wireless router to boost LTE speeds. Huawei Technologies has developed to deliver high-speed LTE-Advanced at 3.5GHz up to 220Mbps.

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Product
By End-User
Competitive Landscape- Nokia Corp., Net gear Inc., Google Inc., D-Link Corp., and Linksys Group, among others.  

Residential Router Market by Segments

By Product

Wired
Wireless

By End-user

Home Office Using
Entertainment Using

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Residential Router Market by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

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