Global Wireless Router Market Report 2019: Market Value is Expected to Reach USD 17,624 Million in 2026
A wireless router is a device that performs the functions of a router and also includes the functions of a wireless access point. It is used to provide access to the Internet or a private computer network. Depending on the manufacturer and model, it can function in a wired local area network, in a wireless-only LAN, or in a mixed wired and wireless network.
Market Snapshot
This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Wireless Router market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.
The global Wireless Router market is expected to increase from USD 10,060 million in 2019 to USD 17,624 million by 2026, registering a CAGR of 8.34% from 2019 to 2026.
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Competitive Landscape
Major manufacturers profiled in the analysis report include Cisco Systems, Inc., Shenzhen Tenda Technology Co. Ltd., TP-Link Technologies Co. Ltd., Belkin International, Inc., D-Link Corporation, Edimax Technology Co., Ltd., Huawei Technologies Co.Ltd., Netgear Inc, Xiaomi, ASUSTeK Computer Inc, and others.
According to the report, one of the key drivers is the adoption of smart devices such as smartphones, tablets, and smart TV. Moreover, this stupendous growth in demand for high-speed internet on the go is also projected to stimulate this market’s growth.
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Regional Overview
Asia-Pacific is the largest market at a share of 32.19%, followed by North America and Europe, accounting for 29.56% and 27.48%. The Asia Pacific region will occupy more market share in the coming years, especially in China, as well as fast-growing India and Southeast Asia. North America, especially the United States, will still play an important role that cannot be ignored.
Type Overview
By product type, the Wireless Router market is segmented into Single Band Wireless Router, Dual Band Wireless Router, and Tri Band Wireless Router.
Application Overview
Based on application, this market is divided into Family or Individual Consumer, Business, and Other Application.
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Target Audience:
l Wireless Router manufacturers
l Raw material suppliers of Wireless Router
l Distributors and resellers of Wireless Router
l Wireless Router industry associations
l Product managers, Wireless Router industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
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