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Dual Band Wireless Routers Research:CAGR of 10.0% during the forecast period

12-19-2024 08:43 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research Inc.

Dual Band Wireless Routers Research:CAGR of 10.0% during

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Dual Band Wireless Router- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Dual Band Wireless Router was estimated to be worth US$ 10080 million in 2023 and is forecast to a readjusted size of US$ 17710 million by 2030 with a CAGR of 8.4% during the forecast period 2024-2030



【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

https://www.qyresearch.com/reports/3004335/dual-band-wireless-router





Dual Band Wireless Routers Market Summary

Dual-band wireless routers support two wireless frequency bands, usually 2.4GHz and 5GHz. It can work in both frequency bands at the same time, and users can choose the most suitable frequency band according to their needs. The 2.4GHz frequency band has a larger coverage range and is suitable for devices at a longer distance, but it is easily interfered with; while the 5GHz frequency band provides higher transmission speeds and is suitable for devices with higher bandwidth requirements (such as high-definition video streaming, online games, etc.), but has a smaller coverage range. Dual-band routers can effectively reduce interference and improve network performance, especially suitable for home or small office environments, supporting multiple devices to connect at the same time and maintaining good network quality.

According to the new market research report "Global Dual Band Wireless Routers Market Report 2024-2030", published by QYResearch, the global Dual Band Wireless Routers market size is projected to reach USD 4.01 billion by 2030, at a CAGR of 10.0% during the forecast period.

Global Dual Band Wireless Routers MarketSize(US$ Million), 2019-2030
241219-154107.webp (14 KB)

Above data is based on report from QYResearch: Global Dual Band Wireless Routers Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.



Global Dual Band Wireless Routers Top22Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
241219-154134.webp (25 KB)

Above data is based on report from QYResearch: Global Dual Band Wireless Routers Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Dual Band Wireless Routers include TP-LINK, Huawei, D-Link, Netgear, Asus, Foxconn (Linksys), Tenda, Buffalo, Ubiquiti, NETCORE Group(qihoo 360), etc. In 2023, the global top five players had a share approximately 53.0% in terms of revenue.



Dual Band Wireless Routers,Global Market Size, Split by Product Segment
241219-154200.webp (21 KB)





Based on or includes research from QYResearch: Global Dual Band Wireless Routers Market Report 2024-2030.

In terms of product type, Home Routers is the largest segment, hold a share of 80%,

In terms of product application, Family or Individual Consumer is the largest application, hold a share of 68.4%,



Market Drivers:

Growing demand for wireless networks

As the global Internet penetration rate continues to increase, especially in developing countries, more and more households and businesses are increasing their demand for stable and high-speed wireless networks. The popularity of smart home devices and Internet of Things (IoT) devices has driven the demand for higher bandwidth and higher performance networks. Dual-band wireless routers can provide higher network quality and better connection experience.

Advances in wireless technology

The continuous upgrading of Wi-Fi standards, especially the emergence of Wi-Fi 6 (802.11ax) and Wi-Fi 6E, has brought higher transmission rates, lower latency and stronger anti-interference capabilities. These technological advances enable dual-band wireless routers to support more devices to access at the same time and provide more stable network connections to meet the high bandwidth needs of modern families and businesses.

Increased network traffic in homes and offices

With the growth of demand for high-definition video streaming, online games and large data transmission, the demand for high-speed, low-latency wireless networks in homes and offices has increased significantly. Dual-band wireless routers can effectively share traffic and avoid network congestion, thereby providing more stable connections for multiple devices and improving overall network performance.

Popularization of smart homes

The popularity of smart home devices such as smart speakers, cameras, smart bulbs, etc. has increased the demand for efficient and stable wireless networks. Dual-band wireless routers can support more devices to connect simultaneously while ensuring the bandwidth and stability of the network, meeting the concurrent needs of multiple devices in a smart home environment.

Restraint:

Technical complexity and user education

The technical configuration of dual-band wireless routers is relatively complex, and it may not be easy for ordinary consumers to choose a router that suits their needs. Many consumers are not familiar with details such as how to choose 2.4GHz and 5GHz bands and how to optimize router settings. Although there are intelligent router products on the market, technical complexity is still an obstacle to the popularization of dual-band routers, and manufacturers need to strengthen user education and technical support.

Signal interference and coverage issues

Although dual-band routers can provide different signals in the 2.4GHz and 5GHz bands, the coverage of the 5GHz band is generally smaller and is easily affected by walls and obstacles. In addition, the 2.4GHz band is easily interfered by other devices (such as microwave ovens, Bluetooth devices, etc.), resulting in unstable signals, especially in dense urban environments, which affects the user experience.

Market competition and price pressure

The dual-band wireless router market is highly competitive, with many brands offering products with similar functions and fierce price competition. Especially in the low-end market, price-sensitive consumers tend to choose cheaper single-band routers or basic dual-band routers, which puts price pressure on high-end router products with stronger functions. In addition, manufacturers need to continuously optimize products and technologies to find a balance between price and performance.

Frequency band management and network congestion

Although dual-band wireless routers can work in both 2.4GHz and 5GHz bands, due to the limited frequency bands of wireless networks, especially in cities and densely populated areas, multiple devices and routers compete for resources on the same frequency band, which may cause network congestion and interference. The management and optimization of frequency bands has become a technical challenge, especially for multiple devices in concurrent use. How to effectively allocate bandwidth and avoid signal interference is still a problem that needs to be solved.

Opportunity:

Promotion of 5G technology

With the gradual promotion of 5G technology, bandwidth requirements in home and office environments continue to increase. The low latency and high bandwidth characteristics of the 5G network, combined with dual-band wireless routers, can provide a more efficient wireless Internet access method. Especially in scenarios such as remote office, high-definition video conferencing, and high-definition video streaming, the combination of dual-band routers and 5G can significantly improve user experience. With the launch of 5G home broadband services, the market demand for dual-band wireless routers will further grow.

Demand for remote working and video conferencing surges

After the COVID-19 epidemic, remote working, online education and video conferencing have become normal ways of working and learning. Whether working from home or in a small office, a stable and fast wireless network becomes the foundation for efficient work. Dual-band routers can provide stronger network coverage and faster connection speeds to meet application scenarios that require higher network quality. The growing demand for remote working provides a continued growing market for dual-band wireless routers.

Consumption upgrade in the high-end market

As consumers pay more attention to home network quality, especially for applications with higher bandwidth requirements such as high-definition streaming and online games, many families are willing to pay higher prices for high-performance network equipment. Dual-band wireless routers can provide higher bandwidth, lower latency and more stable connections, making them the first choice for high-end home network equipment. The trend of consumption upgrading has provided a large market space for dual-band wireless routers, especially in the field of mid-to-high-end products.

Increased demand for network security

With the frequent occurrence of cyber attacks and data breaches, consumers and businesses are paying increasing attention to cybersecurity. Dual-band wireless routers provide users with a higher level of security by supporting stronger encryption, access control, and firewall functions. As consumers become more aware of privacy protection and data security, dual-band wireless routers with advanced security features will gain more market favor.





The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Dual Band Wireless Router market is segmented as below:

By Company

TP-LINK
D-Link
Tenda
Linksys
MERCURY
Netgear
Huawei
Xiaomi
Eero
Google
Asus
FAST
Amped
EDIMAX
NETCORE



Segment by Type

802.11a
802.11b
802.11g
802.11n
802.11ac



Segment by Application

Family or Individual Consumer
Business
Other Application



Each chapter of the report provides detailed information for readers to further understand the Dual Band Wireless Router market:

Chapter 1: Introduces the report scope of the Dual Band Wireless Router report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Dual Band Wireless Router manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Dual Band Wireless Router market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of Dual Band Wireless Router in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of Dual Band Wireless Router in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Dual Band Wireless Router competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Dual Band Wireless Router comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Dual Band Wireless Router market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global Dual Band Wireless Router Market Insights, Forecast to 2030
Global Dual Band Wireless Router Market Research Report 2024
Dual Band Wireless Router - Global Market Insights and Sales Trends 2024
Global and India Dual Band Wireless Router Market Report & Forecast 2023-2029
Global Dual Band Wireless Router Market Research Report 2023
Global Dual Band Wireless Router Market Insights, Forecast to 2029
Global Dual Band Wireless Router Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global Dual Band Wireless Router Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global and United States Dual Band Wireless Router Market Report & Forecast 2022-2028

About Us:

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)  
JP: https://www.qyresearch.co.jp

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