Press release
Wireless Router Market Projected to be Worth US$ 16,128.3 Mn by 2025 - Cisco Systems, TP-Link Technologies, Belkin International, D-Link, Edimax Technology, Huawei Technologies, Netgear, Xiaomi and ASUSTeK Computer
Wireless Router Market
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.
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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.
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
9. Xiaomi
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
• 802.11b
• 802.11g
• 802.11n
• 802.11AC
• 802.11AX
Wireless Router Market – By Band
• Single Band
• Dual band
• Tri Band
Wireless Router Market – By Application
• Household
• Commercial
• Industry
• Transportation
Wireless Router Market – By End-user
• Outdoor
• Indoor
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Reasons to Buy the Report :
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
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 Technology, Healthcare, Manufacturing, Automotive and Defense.
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