Global Residential Router Market Growth (Status and Outlook) 2024-2030

Global Residential Router Market Growth (Status and Outlook) 2024-2030

A router is a networking device that forwards data packets between computer networks. Routers perform the traffic directing functions on the Internet. Data sent through the internet, such as a web page or email, is in the form of data packets. A packet is typically forwarded from one router to anOthers router through the networks that constitute an internetwork until it reaches its destination node.

The global Residential Router market size is projected to grow from US$ 13140 million in 2023 to US$ 17710 million in 2030; it is expected to grow at a CAGR of 4.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Residential Router Industry Forecast” looks at past sales and reviews total world Residential Router sales in 2023, providing a comprehensive analysis by region and market sector of projected Residential Router sales for 2024 through 2030. With Residential Router sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residential Router industry.

This Insight Report provides a comprehensive analysis of the global Residential Router landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Residential Router portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Residential Router market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Residential Router and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Residential Router.

The world's large enterprises are mainly concentrated in China. The high end products are concentrated in US manufacturer. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese Wireless Router production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases. China’s Wireless Router industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption country of Wireless Router, but the production technology is relatively laggard to produce some low-end product. Although the new production lines are increasing, and the high-end product is still relying on import.

This report presents a comprehensive overview, market shares, and growth opportunities of Residential Router market by product type, application, key players and key regions and countries.

Segmentation by type
Wireless Router
Wired Router

Segmentation by application
Home Office Using
Entertainment Using

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TP-Link
D-Link
Tenda
Netgear
Asus
Huawei
Qihoo 360
Xiaomi
Beijing Geek-Geek

Please note: The report will take approximately 2 business days to prepare and deliver.