Wireless Router Market 2019 Industry Analysis, Share, Growth, Sales, Trends, Supply, Forecast to 2025
Oct 10, 2019
This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Pune, India - October 10, 2019 /MarketersMedia/ —
Overview
A wireless router enables wireless routing and rapid network packet forwarding. The wireless router serves as an access point in a local area network (LAN). It works almost the same as a conventional wired router but replaces wires with high-efficiency wireless radio signals to transmit network packets within and to external network environments. Enhancing consumer demand for web-enabled devices/solutions and advancement in the IP traffic are the primary factors driving the wireless router market. Internet traffic all over the globe is rising promptly. With the growth in internet traffic, the average fixed broadband speed is anticipated to grow exponentially.
Analysts suggest that the high internet traffic supports the demand for wireless routers with improved bandwidth and enhanced internet speeds. The factors like the explosive development of the internet-based device industry coupled with the increased demand for mobility, and adoption of smart devices such as smart TVs, smartphones, tablets, and smartwatches are influencing the growth of the wireless router market. Also, the factors like demand for high-speed internet, an improvement in the range of wireless networks, and the rise in the number of connected devices are expected to drive the growth of this market. The best thing about wireless routers is that they are portable.
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The global wireless router industry depth research report suggests that challenges such as scarcity of skilled workers required for delivering and maintaining the quality of service, the ease of data access that leads to a possible threat of data security breach and hacking, and poor network range are some factors that may restrict the growth of the global wireless market. The significance of the Internet of Things is growing among various industries and government verticals, owing to the surging requirement for remote monitoring networks and internet-enabled devices. High-speed internet connectivity is the fundamental requirement for installation and efficient working of IoT-based service and devices. This fact further drives the demand for wireless routers.
Market Key Players :
TP-LINK
D-Link
Cisco
Tenda
Belkin (Linksys)
NETCORE Group(qihoo 360)
MERCURY
Netgear
FAST
Buffalo
Amped
Edimax
Asus
Huawei
Xiaomi
HiWiFi
Google Wifi
Eero
Luma
Samsung
Asus AiMesh
Plume
UBNT AMPLIFI HD
Market Segmentation
In the report, the global wireless router market is analyzed on the basis of major product types, end-user application areas, regional markets, and prominent market players.
Major Product Types-
Single Band Wireless Routers
Dual-Band Wireless Routers
Tri-Band Wireless Routers
Major Applications-
Family or Individual Consumer
Business and IT organizations
Other Application
The wireless routers can be classified into four major connectivity standards including 802.11b, 802.11g, 802.11n, and 802.11ac. Out of which 802.11b is the most efficient connectivity standard and is adopted by major industry verticals. The market players operating in wireless routing industry are focusing on the advanced R&D activities in order to introduce a new range of components including products and competent services.
Regional Analysis
North America, Europe, Asia Pacific, Southeast Asia, South America, and the Middle East and Africa are the major regions driving the global wireless router markets. Globally, the United States is considered as one of the most prominent markets for fixed broadband internet connections. The existence of leading technological giants, coupled with the increased adoption of advanced technological trends in the country is expected to support the wireless router market. Asia Pacific region is expected to display considerable growth owing to the innovation & development of modern infrastructure in countries like India and China. Substantial investments are being made from government organizations for network expansion in India.
Important Facts
The leading market players operating in wireless routing industry are concentrating on expanding their consumer base across foreign countries. These organizations are leveraging on strategic collaborative initiatives to improve their market share and profitability. Some of the prominent organizations have started acquiring start-up companies working on wireless router technologies to reinforce their product capabilities. For instance, in the year 2018, Taiwanese company Foxconn, a prominent IT device manufacturer, acquired Belkin, an accessory manufacturing enterprise, as well as associated with brands Linksys, Wemo, and Phyn.
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