Dublin, March 01, 2022 (GLOBE NEWSWIRE) — The “Global Consumer Wi-Fi Router Market – Forecast 2021 to 2026” report has been added to AnalysisAndMarkets.com’s providing.
The world client Wi-Fi router market was valued at US$6.701 billion in 2019 and is anticipated to develop at a CAGR of 4.86% over the forecast interval to attain a complete market dimension of US$9.341 billion in 2026.
The unstable development of the web business is the key development issue that’s rising the demand for the wi-fi router market. The adoption of good gadgets equivalent to smartphones, tablets or good TV can be accountable for the market development.
An enhance in demand for linked gadgets which require an excellent web connection for many of their features to work correctly is anticipated to enhance the buyer wi-fi router market. The excessive demand for quick web connectivity due to the rising development of on-line transactions by way of cellular banking apps, internet searching, on-line studying from the final two years has been driving the expansion of the market. Wi-Fi routers have turn into a every day life necessity amongst all, Individuals needs to stay linked to the dependable Wi-fi connection suppliers
With the continuing development and improvement within the subject of IoT, there may be an rising demand for a excessive-velocity web connection so that each one the features and operations may be performed with none hindrances within the system. With the continuing pandemic, work at home has turn into the brand new development, the work has moved from workplace to dwelling to keep social distancing, the distant working is analyzed to be the key development driver for the rising client wi-fi router market.
The client Wi-Fi router market has been segmented based mostly on the sort, finish-customers, and geography. Based on finish-consumer, the market is segmented into – BFSI, Government, IT & Telecom, Retails, healthcare, and others. Geographically, the North- America area occupies the biggest market share when it comes to income owing to the rising demand of mix community, safety, and utility companies.
Growth Factors
Increased demand for web connectivity due to distant working
The demand for Wi-Fi routers with good web connectivity has witnessed an amazing enhance in latest instances, due to the continuing COVID-19 pandemic. Due to the pandemic, all the businesses have switched in direction of distant working to keep away from the unfold of the virus. Remote working has elevated within the final two years due to which there’s a excessive demand for web connectivity at houses which may be simply accessible and inexpensive.
The pandemic has pressured everybody to shift in direction of distant working, the change within the working location, from workplace to dwelling has elevated the demand for VPS servers as corporations are wanting ahead to offering a safe manner for workers to join to home windows functions on their firm community due to all this causes web connectivity is not a alternative, in reality, it has turn into a necessity for all. According to the report revealed by financial instances, it’s analyzed that there was a surge of 60 % within the demand for Wi-Fi routers since 2020.
Rising digitalization and technological development
Education is likely one of the many sectors which have been witnessing a repeatedly rising penetration of digital applied sciences into them. Educational establishments all through the globe are displaying a quickly rising fee of adoption of cloud throughout numerous features starting from inquiries and admission to educating, studying, and collaboration between academics, college students, and business consultants. According to information from the United Nations Educational, Scientific and Cultural Organization (UNESCO) Institute for Information Technologies in Education report, the world would see the adoption of on-line main and better schooling by way of the cloud practically double by the yr 2025.
There has been a steady enhance within the variety of college students, each throughout colleges and faculties, who personal a minimum of one linked system together with tablets, smartphones, and laptops. Schools in lots of areas throughout the globe are leveraging cellular gadgets to enhance the entry to their curriculum content material by college students and their mother and father from dwelling. This has been driving with it the adoption of superior virtualization applied sciences by many instructional establishments throughout international locations as they search to push instructional content material to on-line platforms to facilitate entry to the scholars in different states and international locations by way of cellular gadgets.
Impact of COVID-19 on the Consumer Wi-Fi Router Market:
The report analyses and consists of particulars concerning the short- and lengthy-time period affect of the COVID-19 outbreak on the segments of the buyer wi-fi router market. Government measures to assist the respective sector and the entire investments are additionally talked about in short. The affect of COVID-19 available on the market is analyzed to be constructive and useful for the market gamers. Due to the worldwide lockdown, people are working from their houses which requires an excellent web connection owing to which the market has been rising quickly.
Segmentation
By Type
- Wireless G
- Wireless N
- Wireless AC
By End-User
- BFSI
- Government
- IT & Telecom
- Retail
- Healthcare
- Others
By Connectivity
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Others
Key Topics Covered:
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry within the Industry
4.4. Industry Value Chain Analysis
5. CONSUMER WI-FI ROUTER MARKET ANALYSIS, BY TYPE
5.1. Introduction
5.2. Wireless G
5.3. Wireless N
5.4. Wireless AC
6. CONSUMER WI-FI ROUTER MARKET ANALYSIS, BY CONNECTIVITY
6.1. Introduction
6.2. Core routers
6.3. Edge routers
7. CONSUMER WI-FI ROUTER MARKET ANALYSIS, BY END-USER
7.1. Introduction
7.2. BFSI
7.3. Government
7.4. IT & Telecom
7.5. Retail
7.6. Healthcare
7.7. Others
8. CONSUMER WI-FI ROUTER MARKET ANALYSIS, By Geography
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. UK
8.3.2. Germany
8.3.3. France
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. UAE
8.4.4. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. India
8.5.4. South Korea
8.5.5. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. NETGEAR
10.2. ASUSTeK Computer Inc.
10.3. D-Link Corporation
10.4. TP-Link Corporation Limited
10.5. Nokia
10.6. Eero LLC
10.7. Belkin International, Inc.
10.8. Xiaomi Inc.
10.9. Synology Inc.
10.10. Google
For extra details about this report go to https://www.researchandmarkets.com/r/tyi6nh
https://www.globenewswire.com/information-launch/2022/03/01/2393977/0/en/Global-Consumer-Wi-Fi-Router-Market-2021-to-2026-Featuring-Nokia-Ero-and-Xiaomi-Among-Others.html
