Wireless Router

Wireless Router

Global Wireless Routers Market to Reach $20.1 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Wireless Routers estimated at US$12.5 Billion in the year 2020, is projected to reach a revised size of US$20.1 Billion by 2027, growing at aCAGR of 7% over the period 2020-2027. Wireless Routers, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$13.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wired Routers segment is readjusted to a revised 6.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 6.4% CAGR

The Wireless Routers market in the U.S. is estimated at US$3.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.5 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 5.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Select Competitors (Total 46 Featured) -

• Amped Wireless
• ASUSTeK Computer, Inc.
• Belkin International, Inc.
• Buffalo Americas, Inc.
• D-Link Corporation
• EDIMAX Technology Co., Ltd.
• Huawei Technologies Co., Ltd.
• Kobian Pte., Ltd.
• Netgear, Inc.
• TP-LINK Technologies Co., Ltd.
• Xiaomi, Inc.

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