Wireless Router Market Size, Share, Trends and Forecast 2027
Posted by mahesh on October 10th, 2022
According to the new research report published by The Insight Partners, titled “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.
In 2016, North America accounted for the largest revenue share of little less than two-fifth of the total market share, followed by Asia-Pacific.
Wireless Router Market is expected to grow from US$ 8,531.7 Mn in 2017 to US$ 16,128.3 Mn by 2025 at a CAGR of 8.3% between 2018 and 2025.
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.
Geographically, the market is currently dominated by North American countries especially by US, however the market is expected to be in favor of APAC and Europe, which is anticipated to witness remarkable IoT and connected infrastructure over the coming years. Besides this, Middle-East region shows highest growth rate in near future due to growing urbanization, rising population, and government support in smart city and smart infrastructure deployment.
Get PDF Sample Copy of this Report @ https://www.theinsightpartners.com/sample/TIPTE100000948/
Top Dominating Key Players:
1. Cisco Systems, Inc.
2. Shenzhen Tenda Technology Co. Ltd.
3. TP-Link Technologies Co. Ltd.
4. Belkin International, Inc.
5. D-Link Corporation
6. Edimax Technology Co., Ltd.
7. Huawei Technologies Co.Ltd.
8. Netgear Inc
10. ASUSTeK Computer Inc
Worldwide Wireless Router Market Analysis to 2025 is a specialized and in-depth study of the Wireless Router Industry with a focus on the global market trend. The report aims to provide an overview of global Wireless Router Market with detailed market segmentation by product/application and geography. The global Wireless Router Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Wireless Router players and offers key trends and opportunities in the market.
Surge in demand for high speed internet connections
Economic affordability and availability of smart phones, bolstering demand for internet access, reduced technology cost per MB data, and lack of fixed line access in certain developing markets are some of the factors cumulatively, driving the mobile broadband connectivity globally. Furthermore, according to a study from industry giant Google, Inc. nearly 93% of smartphone users majorly use their smart devices while at home.
Government initiative towards promotion of wireless network solutions
Government all over the globe has been significantly investing in the development of network infrastructures that includes the smart city. The supportive finance policies designed by governments are likely to result in enhancing markets for information technology solutions and telecommunication equipment markets, further paving the growth opportunity for wireless routers markets.
GLOBAL WIRELESS ROUTER MARKET SEGMENTATION
Wireless Router Market – By Standard
Wireless Router Market – By Band
• Single Band
• Dual band
• Tri Band
Wireless Router Market – By Application
Wireless Router Market – By End-user
Access Full Report @ https://www.theinsightpartners.com/reports/wireless-router-market
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.
Contact Person: Sameer Joshi
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About the Authormahesh
Joined: September 20th, 2022
Articles Posted: 71
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