Global Router Market Size study, by Type (Wired, Wireless) by End-User (BFSI, IT and Telecom, Education, Healthcare, Others) and Regional Forecasts 2022-2032

Global Router Market Size study, by Type (Wired, Wireless) by End-User (BFSI, IT and Telecom, Education, Healthcare, Others) and Regional Forecasts 2022-2032


Global Router Market is valued approximately USD 20.5 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.80% over the forecast period 2024-2032. A router is a networking device used to forward packets of data between networks of computers. On the Internet, routers are responsible for directing traffic. It is an essential part of networking, regulating data flow, allowing communication between various networks, and improving security and connection inside a network. Trends such as increasing awareness of cybersecurity threats is further fueling demand for routers with advanced security features, such as built-in firewalls, VPN support, and automatic updates, to protect networks from potential breaches. Furthermore, consumer and business demand for high-speed internet to support activities such as streaming, gaming, and video conferencing is driving the need for routers that can handle high data throughput and low latency. Thus, these trends further support growth of the Global Router Market during the forecast period 2024-2032.

The surge in global internet users directly is one the major factors that drives demand for the Global Router Market. As more people come online, the need for reliable and efficient internet access increases. This fuels the demand for routers, particularly wireless ones. Consumers are seeking faster connections to support online activities like streaming, gaming, and working remotely. The rising number of internet-connected devices, from smartphones to smart home gadgets, further strains older routers. This helps routers with better capacity to handle increased data traffic and ensure smooth connectivity for all devices. Thus, growing internet penetration is a key driver for the global router market, pushing users to upgrade or invest in routers that can handle the demands of an increasingly connected world. However, routers are targeted by cyberattacks, and vulnerabilities in router firmware can compromise network security and stifle market growth between 2022 and 2032.

The key regions considered for the global Router market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in terms of revenue. The North America router market is driven by technological advancements, increased internet penetration, and the rising need for robust and secure connectivity solutions. The North America router market is expected to continue its growth driven by ongoing technological advancements and increasing demand for high-speed, reliable, and secure internet connectivity. Key areas of focus will include the adoption of next-generation Wi-Fi standards, enhanced security features, and the integration of 5G technology. In addition, the continued growth of the IoT ecosystem and remote working trends will further fuel the demand for advanced router solutions. The market in Asia Pacific is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:
AsusTek Computer Inc.
Synology Inc.
Huawei Technologies Co. Ltd.
Belkin
TP-Link Corporation Limited
NETGEAR
Cisco Systems, Inc.
EERO LLC
D-Link Corporation
Xiaomi Inc.

The detailed segments and sub-segment of the market are explained below:

By Type
Wired
Wireless

By End-User
BFSI
IT and Telecom
Education
Healthcare
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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Chapter 1. Global Router Market Definition and Research Assumptions
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
Chapter 2. Executive Summary
2.1. Global Router Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Type
2.3.2. By End-User
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
Chapter 3. Global Router Market Dynamics
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
Chapter 4. Global Router Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Router Market Size & Forecasts by Type 2022-2032
5.1. Wired
5.2. Wireless
Chapter 6. Global Router Market Size & Forecasts by End-User 2022-2032
6.1. BFSI
6.2. IT and Telecom
6.3. Education
6.4. Healthcare
6.5. Others
Chapter 7. Global Router Market Size & Forecasts by Region 2022-2032
7.1. North America Router Market
7.1.1. U.S. Router Market
7.1.1.1. Type breakdown size & forecasts, 2022-2032
7.1.1.2. End-User breakdown size & forecasts, 2022-2032
7.1.2. Canada Router Market
7.2. Europe Router Market
7.2.1. U.K. Router Market
7.2.2. Germany Router Market
7.2.3. France Router Market
7.2.4. Spain Router Market
7.2.5. Italy Router Market
7.2.6. Rest of Europe Router Market
7.3. Asia-Pacific Router Market
7.3.1. China Router Market
7.3.2. India Router Market
7.3.3. Japan Router Market
7.3.4. Australia Router Market
7.3.5. South Korea Router Market
7.3.6. Rest of Asia Pacific Router Market
7.4. Latin America Router Market
7.4.1. Brazil Router Market
7.4.2. Mexico Router Market
7.4.3. Rest of Latin America Router Market
7.5. Middle East & Africa Router Market
7.5.1. Saudi Arabia Router Market
7.5.2. South Africa Router Market
7.5.3. Rest of Middle East & Africa Router Market
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. AsusTek Computer Inc.
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. Synology Inc.
8.3.3. Huawei Technologies Co. Ltd.
8.3.4. Belkin
8.3.5. TP-Link Corporation Limited
8.3.6. NETGEAR
8.3.7. Cisco Systems, Inc.
8.3.8. EERO LLC
8.3.9. D-Link Corporation
8.3.10. Xiaomi Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
List of Tables
TABLE 1. Global Router market, report scope
TABLE 2. Global Router market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Router market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 4. Global Router market estimates & forecasts by End-User 2022-2032 (USD Billion)
TABLE 5. Global Router market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Router market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Router market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Router market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Router market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Router market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Router market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Router market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Router market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Router market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. UK Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. UK Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. UK Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Germany Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Germany Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Germany Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. France Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. France Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. France Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. Italy Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. Italy Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. Italy Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Spain Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 34. Spain Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. Spain Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. RoE Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 37. RoE Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 38. RoE Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. China Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 40. China Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 41. China Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. India Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 43. India Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 44. India Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. Japan Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 46. Japan Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 47. Japan Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Australia Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 49. Australia Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 50. Australia Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. South Korea Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 52. South Korea Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 53. South Korea Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54.
TABLE 55. RoAPAC Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 56. RoAPAC Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 57. RoAPAC Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. Brazil Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 59. Brazil Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 60. Brazil Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Mexico Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 62. Mexico Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 63. Mexico Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. RoLA Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 65. RoLA Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 66. RoLA Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. Saudi Arabia Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Router market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. South Africa Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 71.
TABLE 72. South Africa Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 73. South Africa Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. RoMEA Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Router market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. List of secondary sources, used in the study of Global Router Market.
TABLE 78. List of primary sources, used in the study of Global Router Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered.
List of figures
FIGURE 1. Global Router market, research methodology
FIGURE 2. Global Router market, market estimation techniques
FIGURE 3. Global market size estimates & forecast methods.
FIGURE 4. Global Router market, key trends 2023
FIGURE 5. Global Router market, growth prospects 2022-2032
FIGURE 6. Global Router market, porters 5 force model
FIGURE 7. Global Router market, pestel analysis
FIGURE 8. Global Router market, value chain analysis
FIGURE 9. Global Router market by segment, 2022 & 2032 (USD Billion)
FIGURE 10. Global Router market by segment, 2022 & 2032 (USD Billion)
FIGURE 11. Global Router market by segment, 2022 & 2032 (USD Billion)
FIGURE 12. Global Router market by segment, 2022 & 2032 (USD Billion)
FIGURE 13. Global Router market by segment, 2022 & 2032 (USD Billion)
FIGURE 14. Global Router market, regional snapshot 2022 & 2032
FIGURE 15. North America Router market 2022 & 2032 (USD Billion)
FIGURE 16. Europe Router market 2022 & 2032 (USD Billion)
FIGURE 17. Asia pacific Router market 2022 & 2032 (USD Billion)
FIGURE 18. Latin America Router market 2022 & 2032 (USD Billion)
FIGURE 19. Middle East & Africa Router market 2022 & 2032 (USD Billion)
FIGURE 20. Global Router market, company market share analysis (2023)

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