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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.
LPI (LP Information)' newest research report, the "Router Industry Forecast" looks at past sales and reviews total world Router sales in 2022, providing a comprehensive analysis by region and market sector of projected Router sales for 2023 through 2029. With Router sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Router industry.
This Insight Report provides a comprehensive analysis of the global Router landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Router portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Router market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Router and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Router.
The global Router market size is projected to grow from US$ 18770 million in 2022 to US$ 24270 million in 2029; it is expected to grow at a CAGR of 24270 from 2023 to 2029.
Global Router key players include TP-LINK, D-Link, Tenda, NETGEAR, ASUS etc. Global top five manufacturers hold a share over 40%.
United States is the largest market, with a share over 40%, followed by Europe and China, both have a share over 50% percent.
In terms of product, Wireless Router is the largest segment, with a share over 40%. And in terms of application, the largest application is Consumer Use followed by Commercial Use.
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.
Market Segmentation:
Segmentation by type
- 150Mbps
- 300Mbps
- 450Mbps
- Others
Segmentation by application
- Home Office Using
- Entertainment Using
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- TP-LINK
- D-Link
- Tenda
- NETGEAR
- ASUS
- Huawei
- Qihoo 360
- Gee
- Xiaomi
Key Questions Addressed in this Report
What is the 10-year outlook for the global Router market?
What factors are driving Router market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Router market opportunities vary by end market size?
How does Router break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?