About Home Wi-Fi Router and Extender
Router is a device that links two or more local networks or the Internet. A wireless access point uses radio frequencies in the 900 MHz and 2.4, 3.6, 5, and 60 GHz frequency bands to connect devices to the network wirelessly. A WLAN (wireless local area network) device is another name for a wireless router. A Wi-Fi network is another name for a wireless network. Wireless routers are the hardware equipment that Internet service providers use to link you to their cable or xDSL Internet network, and they're often seen in homes. The networking features of a wireless access point and a router are combined in a wireless router, also known as a Wi-Fi router. Majority of premium wireless routers are used to provide access to a private computer network or the Internet. A cable connects a premium wireless router to a modem. This enables the modem to accept data from an external source before transmitting it to an Internet user. The worldwide Wifi routers market is expected to grow at a rapid pace due to rising population and consumer demand for Internet connectivity across all devices in the house.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 10.6% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States & Chinese Vendors will contribute the maximum growth to Global Home Wi-Fi Router and Extender market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Apple Inc. (United States), MERCUSYS Technologies Co., Ltd. (China), D-Link Corporation (Taiwan), TP-LINK Technologies Co. Ltd. (China), Tenda Technology Co.,Ltd. (China), Cisco Systems, Inc. (United States), Netgear, Inc. (United States), ASUSTek Computer Inc. (Taiwan), Belkin International Inc. (United States) and NETCORE Group (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Linksys (United States), Huawei Technologies Co., Ltd. (China), Trendnet (United States), Buffalo Inc. (Japan), Amped Wireless (United States), Edimax Technology Co., Ltd. (Taiwan) and XiaoMi (China).
Segmentation Overview
AMA Research has segmented the market of Global Home Wi-Fi Router and Extender market by Type (Extenders and Repeaters, Antennas and Access Points), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Home Wi-Fi Router and Extender has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Single-band WiFi Routers will boost the Home Wi-Fi Router and Extender market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution, the sub-segment i.e. Hypermarkets/Supermarkets will boost the Home Wi-Fi Router and Extender market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Number of High-Net-Worth Individuals
Market Growth Drivers:
Growth in Professional Gaming Industry and High Investment in Internet Infrastructure
Challenges:
Fierce Competitive Pressure
Restraints:
Maintenance Costs
Opportunities:
Decreasing Data Costs Across Emerging Region and Increasing implementation in Household Settings
Market Leaders and their expansionary development strategies
On June 2022, A whole-home mesh Wi-Fi 6 system called MX6-3 AX1800 was introduced by Shenzhen Tenda Technology Co., Ltd. for larger houses. It is a scalable mesh network that covers numerous Wi-Fi hotspots and smoothly spans a 6000 square foot space. The MX6 nodes automatically join to one another, forming a distributed network which covers the entire house.
In June 2022, The Shenzhen Tenda Technology Co., Ltd launched MX6-3 AX1800 a whole-home mesh Wi-Fi 6 system designed for larger households. It is an expandable mesh network that covers multiple Wi-Fi points and seamlessly fills up an area of 6000 square feet. Each node of MX6 automatically connects to each other, creating a distributed network throughout the home. Users can easily expand the Wi-Fi network just by simply adding more nodes.
Key Target Audience
Home Wi-Fi Router and Extender Manufactures, New Entrants and Investors, Home Wi-Fi Router and Extender Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.