About WiFi Router
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. WiFi network enables connection between two or more devices wirelessly for data sharing purposes. The rising demand for faster internet connectivity among consumers deteriorated due to the rise in the number of effective devices being connected. WiFi Router market trend are the Residential Sector is Expected to Record Significant Adoption.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
WiFi Router market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
NETGEAR Inc. (United States), Belkin International, Inc. (LINKSYS) (United States), TP-Link Technologies Co., Ltd. (China), D-Link Corporation (Taiwan), Google (United States), SAMSUNG (South Korea), ASRock Inc. (Taiwan), NortonLifeLock Inc. (United States), Huawei Technologies Co., Ltd. (China) and Actiontec Electronics, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ASUSTeK Computer Inc. (Taiwan), E-Lins Technology of E-Lins Group (China) and Brandrich Inc. (Taiwan).
Segmentation Overview
AMA Research has segmented the market of Global WiFi Router market by Type (Single Band, Dual Band and Triple Band) and Region.
On the basis of geography, the market of WiFi Router 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 Distribution Channel, the sub-segment i.e. Online will boost the WiFi Router market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Router, the sub-segment i.e. Wired will boost the WiFi Router market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Commercial will boost the WiFi Router market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Evolution of NextGen Wifi Router and Increasing Use of Wireless Home Use Wifi Router
Market Growth Drivers:
Growing Networking Across the World and Increasing Demand for Smart Connectivity
Challenges:
Poor Wifi Signal Might be the Problem for Wifi Router
Restraints:
Risk of Cyber Data Theft Associated with Wifi Router and High-Cost Associated Purchase and Installation of Wifi Router
Opportunities:
Technological Advancement in Wifi Router
On 14th October 2019, NETGEAR Inc, which is the leading player of the mesh Wifi networking system announced its addition to the Orbi Whole Home Wifi System. The new Orbi Dual Band Wifi system consists of one router and one or more satellites is best suited to cover a medium to large-sized home from 3,000 sq. ft. or higher to provide reliable WiFi for streaming and gaming. It provides features like cybersecurity for online data safety and Circle Smart Parental Controls to manage screen time.
Key Target Audience
WiFi Router Manufacturers, WiFi Router International Traders, Router Distributors and Suppliers, Research and Development Institutes, Regulatory Bodies, Upstream and Downstream Buyers, Potential Investors 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.