Growing Household and Commercial Application Will Escalate the Wireless Router Market at a CAGR of 8.29%
Published Date : 18/04/2018
Latest market study on "Wireless Router to 2025 by Standard (802.11b, 802.11g, 802.11n, 802.11AC, and 802.11AX); Band (Single Band, Dual Band, and Tri Band); Application (Household, Commercial, Enterprise, and Transportation); and End-Use (Indoor and Outdoor) - Global Analysis and Forecast?, the wireless router market is estimated to reach US$ 16,128.2 Mn by 2025 from US$ 8,531.7 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
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The global wireless router market for the applications is fragmented into household, commercial, industrial and transportation. The industrial segment is further sub-segmented into government, manufacturing & natural resources, BFSI, education, healthcare, enterprise and others. Whereas the transportation segment is further sub-segmented into railways, airways, and roadways. There are several major benefits to implement a wireless network in a place as compared to wired network. Further, many companies are installing selective or limited wireless network along with their existing wired connection, so as to realize the advantages of both the connections. However, it may involve additional cost, but can be proved as an ideal solution, particularly for larger organizations. The industry application segment is estimated to dominate the market in 2017, in terms of revenue followed by household, and commercial.
Considerable acceleration for the demand for wireless router owing to the continuing trend toward automation and sustained advanced technical improvements in wireless router is majorly driving the market for smart infrastructure.
There has been constant development in wireless router industry. Recently, D-Link showcased New Dual-Band and Tri-Band Wi-Fi Systems. The company introduced two whole home Wi-Fi system. 2-pack Tri-Band Whole Home Wi-Fi System (COVR-2202) and 3-pack Dual-Band Whole Home Wi-Fi System (COVR-C1203). The Covr Wi-Fi systems provides intelligent solutions that offers wireless network with high speed and broad coverage to home. Also, Huawei presented wireless router to speed-up LTE. Huawei Technologies has worked to provide high speed upto 220Mbps through LTE-Advanced at 3.5GHz. The company launched a wireless router device which combines the high-speed network with frequency band.
Some of the leading wireless router market include, ASUSTek Computer Inc., Belkin International, Inc., Buffalo Technology, Cisco Systems, Inc., D-Link Systems, Inc., EDIMAX Technology Co., Ltd., Huawei Technologies Co., Ltd., NETCORE Group (Qihoo 360), Shenzhen Tenda Technology Co., Ltd., TP-Link Technologies Co. Ltd., and Xiaomi among others.
The report segments the global wireless router market as follows:
Global Wireless Router Market - By Standard
Global Wireless Router Market - By Band
Global Wireless Router Market - By Application
Global Wireless Router Market - By End-use
Global Wireless Router Market - By Geography
Asia Pacific (APAC)
Middle East & Africa (MEA)
South America (SAM)