Wireless Router Market size was valued at USD 571.60 Million in 2020 and is projected to reach USD 1260.6 Million in 2028, growing at a CAGR of 10.4% from 2021 to 2028.
Wireless Router Market Definition
Wireless Router are used by the Internet Service Providers to connect their internet connectivity with the router. They are hardware devices that connect to Cable or xDSL Internet network. A Wi-Fi router connects a wireless access point and a router. The function of a router is to connect a local connection to another local connection or from a local connection to the Internet. A wireless connection connects wirelessly to networks using radio frequencies in the 900 MHz, 2.4 GHz, 3.6 GHz, 5 GHz, and 60 GHz. The latest Routers are based on IEEE 802.11 ac Wave 2 standard. Wireless Router is also known as wireless LAN.
Wireless Router Market Overview
Due to the advancement in technology, people want more and more digital devices like smartphones, laptops, desktops, tablets, and smart TVs. All these devices need Internet Connectivity to connect to the vast set of Servers. Internet penetration is very high nowadays. The increasing uses of the Internet through digital devices are one of the biggest market drivers of this technology.
People nowadays want a seamless connection with quicker results. This is causing the Interservice providers to develop the speed of their connections. Every generation of connectivity is getting released with an enhanced speed over the previous one. The effect of the connection speed is further accelerated by the increasing range of the wireless connections. These two factors combined are acting as another important market driver.
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Global Wireless Routers Market: Major Players
TOTOLINK Indonesia
Netgear Inc
Edimax Technology Co., Ltd.
Cisco Systems, Inc.
TP-Link Technologies Co. Ltd.
D-Link International Pte Ltd
Huawei Technologies Co.Ltd.
Xiaomi
Shenzhen Tenda Technology Co. Ltd.
Belkin International, Inc.
ASUSTeK Computer Inc
Global Wireless Routers Market: Types
Single Band Wireless Router
Dual Band Wireless Router
Tri Band Wireless Router
Global Wireless Routers Market: Applications
Residential
Commercial and Enterprises
Global Wireless Routers Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Wireless Routers market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
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