Router Market Size, Share & Trends | Industry Analysis, 2024

steve2019 | March 27, 2019 | 0 | Consumer Goods and Services

Router Market 2019-2024

A Wifi/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. It can function in a wired LAN local area network , in a wireless-only LAN WLAN , or in a mixed wired/wireless network, depending on the manufacturer and model. Consumer wireless routers vary in the WiFi range they support.

China s home Wi-Fi router business is expanding fast in the past few years, with about 18.15% Compound Annual Growth Rate between 2012 and 2016. The market will keep expanding with more and more downstream users and the upgrading of products.

Nowadays, 300Mbps and 450Mbps are the hottest models in China s home Wi-Fi router market, while higher speed and smart home Wi-Fi routers are seeing to occupy important positions in forecast period, one of the key influencing factors is the prevalence of online games.

Key players in China home Wi-Fi router production market are TP-LINK, D-Link, Tenda, NETGEAR, ASUS, Huawei and a few others. New entrants like Qihoo 360, Gee HiWiFi and Xiaomi are growing fast and taking more and more market share in these years. However, among all thse, with over 30% market share, TP-Link will hold the No.1 market place in forecast period.

According to this study, over the next five years the Router market will register a 16.9% CAGR in terms of revenue, the global market size will reach US$ 2070 million by 2024, from US$ 810 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Router business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Router market by product type, application, key manufacturers and key regions and countries.

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This study considers the Router value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

150Mbps
300Mbps
450Mbps
Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Home Office Using
Entertainment Using

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.

TP-LINK
D-Link
Tenda
NETGEAR
ASUS
Huawei
Qihoo 360
Gee
Xiaomi

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Router consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Router market by identifying its various subsegments.
Focuses on the key global Router manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Router with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Router submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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