Global Wireless Router Market 2024-2028
The wireless router market is forecasted to grow by USD 8094.9 mn during 2023-2028, accelerating at a CAGR of 9.24% during the forecast period. The report on the wireless router market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of smart connected home systems, increased adoption of wlan, and increase in demand for distance learning.
Technavio's wireless router market is segmented as below:
ByEnd-user
- Non-Residential
- Residential
ByType
ByGeography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing use of wireless router in retail industry as one of the prime reasons driving the wireless router market growth during the next few years. Also, adoption of cloud computing and increase in 5g investments will lead to sizable demand in the market.
The report on the wireless router market covers the following areas:
- Wireless router market sizing
- Wireless router market forecast
- Wireless router market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wireless router market vendors that include Adtran Holdings Inc., Amped Wireless, ASUSTeK Computer Inc., Broadcom Inc., Buffalo Americas Inc., China Huaxin Post and Telecom Technologies Co. Ltd., Cisco Systems Inc., D Link Corp., DrayTek Corp., EDIMAX Technology Co. Ltd., Extreme Networks Inc., Hon Hai Precision Industry Co. Ltd., Huawei Investment & Holding Co., Ltd., Juniper Networks Inc., MERCUSYS Technologies Co. Ltd. , Netgear Inc., Shenzhen Tenda Technology Co. Ltd., SIA Mikrotikls, TP Link Corp. Ltd., and Xiaomi Communications Co. Ltd.. Also, the wireless router market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.