$4550
$3000
The Wireless Router market was valued at US$ 8531.7 Mn in 2017 and is projected to reach US$ 16128.2 Mn by 2025; it is expected to grow at a CAGR of 8.29% from 2018 to 2025.
Over a period, the development in ICT industry has brought out several new potentials of the wireless routers that were merely being used under its capabilities earlier. This was mainly because companies providing wireless router devices and services had limited their approach to delivering better Wi-Fi. However, in near future, its hardware components are anticipated to cater to wider ambitions. With the advent of companies like Plume, Starry, and Eero, along with the well-known brands in the industry including Netgear and Google, the wireless routers are anticipated to undergo a transformation through superior coverage, simplified setup, stringent security and attractive designs. In the coming years, the new generation of a wireless router would be fulfilling the demand of fastest wireless signals by covering a section of an area with constantly high – quality Wi-Fi. This would be done by the distribution of wireless router points in different location, which in coming years would be called as Wi-Fi mesh system. In May 2017 Google, Inc. proposed its wireless router Google Wi-Fi with similar capabilities. Also, various other startups like Plume and Eero are working on the similar perspective of the wireless router. According to Plume, a network of wireless pods would act as a gateway to a larger array of smart home services. Incoming years the company is also planning to come up with its own sensors to comply with its wireless router devices. The mesh router system and Router as a Platform (RaaP) are the two key future trends foreseen for the global wireless router market. Furthermore, rising advent of smart ecosystem and increasing demand for high-speed mobile broadband connection is projected to drive the market growth for wireless router during the forecast period. However, challenges increasing threat of security breaches may adversely impact the market in near future. The factors such as emergence of mesh-router system is one of the major trend prevailing in the market.
North America dominated the Wireless Router market in 2017, the Wireless Router market is experiencing staggering growth that is attributed to numerous factors. North America pioneers the world in a smartphone and 4G adoption and it is forecasted to jump to 5G network & services in no time. The regions ability to stay at par with its other competitive regions (Europe and APAC) is mainly attributed to the successful & large-scale rollouts of 4G across Canada and U.S, and simultaneously increasing the market for smartphones with 4G capabilities. In the coming 2 years, the penetration of mobile subscribers is extrapolated to be 84%, with several people owning more than one connected devices. Further, the ravenous appetite for online data in the region is anticipated to continue its growth over the coming years generating humongous mobile broadband traffic. This increase in mobile broadband traffic is one of the most influential factors impacting the growth of wireless routers in North American as the service providers promote WLAN connectivity in order to offload mobile internet traffic. Furthermore, the telecommunications ecosystem in North America anticipates IoT to be a vital influencer for future growth. The tech giants across the globe are intrigued by the in-depth penetration of smartphones and internet infrastructure here, and therefore have been heavily investing in IoT based trends like connected cars and smart homes. The growth in these trends would be key influencers for the adoption of wireless routers in North America.
Lucrative Regions for Wireless Router Market
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Market Insights
Increasing demand for high-speed mobile broadband connection
Economic affordability and availability of smart phones, bolstering demand for internet access, reduced technology cost per MB data, and lack of fixed line access in certain developing markets are some of the factors cumulatively, driving the mobile broadband connectivity globally. Furthermore, according to a study from industry giant Google, Inc. nearly 93% of smartphone users majorly use their smart devices while at home. Thus, owing to increasing penetration of mobile broadband, the traction among industry players is growing, leading to rapid technological expansion in the market. This expansion in mobile broadband market is expected to optimistically impact the year on year growth of wireless routers market.
Standard-Based Market Insights
On the basis of standard, the global wireless router market is segmented into 802.11b, 802.11g, 802.11n, 802.11ac, and 802.11ax. Business and home owners seeking to buy wireless router face a range of selections. Each standard differs in terms of costs, speed, frequency used, and transmission ranges. However, their implementation is quite similar. All these standards can use either an ad hoc network design or infrastructure, and each can use the same security protocols.
Band -Based Market Insights
On the basis of band, the global wireless router market is categorized into single, dual and tri-band routers. These bands refer to the channels of a router, on which routers operate. Each of these bands supports different functions of the wireless devices and their data usage. The single band routers operate at the lower frequency of 2.4 GHz, whereas the dual band router operates on both 2.4 GHz as well as 5GHz. The tri band routers support the channels on 5GHz to 5.8 GHz. Majority of the population across the globe use the channels between 2.4 GHz to 5GHz and thus, Dual band wireless routers are the most preferred and deployed routers among the three.
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Wireless Router Market: Strategic Insights
Market Size Value in US$ 8531.7 Million in 2017 Market Size Value by US$ 16128.2 Million by 2025 Growth rate CAGR of 8.29% from 2018-2025 Forecast Period 2018-2025 Base Year 2018
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Wireless Router Market: Strategic Insights
| Market Size Value in | US$ 8531.7 Million in 2017 |
| Market Size Value by | US$ 16128.2 Million by 2025 |
| Growth rate | CAGR of 8.29% from 2018-2025 |
| Forecast Period | 2018-2025 |
| Base Year | 2018 |
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Product development is the commonly adopted strategy by companies to expand their product portfolio. Cisco, Enterprise, 3Com, ADTRAN, NetGear, Linksys (now Cisco), D-Link, Vanguard, Tasman, Enterasys, Telesyn, among others are the key players implementing strategies to enlarge the customer base and gain significant share in the global Wireless Router market, which in turn permits them to maintain their brand name. A few of the recent key developments are:
- In 2018, D-Link and McAfee stated that D-Link AC2600 Wi-Fi Router driven by McAfee (DIR-2680) increases security for devices present in the home network.
- In 2018, Huawei presents wireless router to speed-up LTE. Huawei Technologies has worked to provide high speed upto 220Mbps through LTE-Advanced at 3.5GHz.
Wireless Router Market Segmentation:
By Standard
- 802.11b
- 802.11g
- 802.11n
- 802.11AC
- 802.11AX
By Band
- Single Band
- Dual Band
- Tri Band
By Application
- Household
- Commercial
- Enterprise
- Transportation
By End-Use
- Indoor
- Outdoor
Company Profiles
- Cisco
- Enterprise
- 3Com
- ADTRAN
- NetGear
- Linksys (now Cisco)
- D-Link
- Vanguard
- Tasman
- Enterasys
- Telesyn
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Standard ; Band ; Application ; and End-Use
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
The List of Companies
1. Cisco Systems, Inc.
2. Shenzhen Tenda Technology Co. Ltd.
3. TP-Link Technologies Co. Ltd.
4. Belkin International, Inc.
5. D-Link Corporation
6. Edimax Technology Co., Ltd.
7. Huawei Technologies Co.Ltd.
8. Netgear Inc
9. Xiaomi
10. ASUSTeK Computer Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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