Home Wi-Fi Router Market Size To Increase USD 1.76 Billion | Market Insights Highlights Rising Demand for Distance Learning as Key Driver


Supplier Information

The home Wi-Fi router market is fragmented and vendors are deploying various organic and inorganic growth strategies to compete in the market. It includes a small number of international actors and a considerable number of small actors at the regional level. Leading players are implementing high-speed gigabit Ethernet LAN switches in their Wi-Fi routers. They are focusing on mergers and acquisitions activities to enter the market, increase their market share and strengthen their geographic presence. Innovations from major vendors will lead to product development and boost the global home Wi-Fi router market during the forecast period.

The report analyzes the competitive landscape of the market and offers information about several vendors of the market, including:

  • ASUSTeK Computer Inc.
  • Cisco Systems Inc.
  • D-Link Corp.
  • Huawei Investment and Holding Co. Ltd.
  • Intel Corp.
  • Legrand AV inc.
  • NETGEAR Inc.
  • Samsung Electronics Co. Ltd.
  • Verizon Communications Inc.
  • ZTE Corp.

Discover additional highlights on the growth strategies adopted by suppliers and their product offerings, Read a free sample report.

Geographic market analysis

36% of the market growth will come from APAC during the forecast period. WE, India, China, Russian Federation, and Germany are the key markets for the home Wi-Fi router market in APAC.

Factors such as high demand for fast internet solutions from home users in North America and the increasing availability and adoption of secure Wi-Fi routers is driving the home Wi-Fi router market in the region. The United States and Canada are the main users of home Wi-Fi routers in North America.

The growing use of smart devices such as smart TVs, smartphones, smart fridges and digital assistants, as well as the mature end user base and early adoption of new technologies such as OTT platforms, online banking and e-commerce platforms in North America, all contribute to the region’s demand for high-speed Internet.

With advancements in technology and increased adoption of smart connected devices by home users, the demand for advanced high-speed Wi-Fi routers in the region will increase during the forecast period.

In addition, countries like the United States, India, China, Russian Federation, and Germany are expected to become prominent markets for home Wi-Fi router during the forecast period.

Learn more about the geographic spread of this market along with the detailed analysis of major regions. https://www.technavio.com/report/home-wi-fi-router-market-industry-analysis

Analysis of key segments

The growth in the home Wi-Fi router market share by the fixed Wi-Fi router segment has been significant. Wi-Fi routers that are connected by LAN connections and programmed for fixed locations, such as residences, are called fixed Wi-Fi routers. The fixed Wi-Fi router segment of the global home Wi-Fi router market is the largest and fastest growing segment.

North America and Western Europe have a high demand for advanced and fast Wi-Fi routers due to the heavy use of these routers in the e-learning and OTT industries. Factors such as increasing consumption of online content and widespread use of smart connected devices in the home will boost the global home Wi-Fi router market during the forecast period,

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Main market drivers and trends:

The increasing demand for distance education is the driving force behind the growth of the home Wi-Fi router market. Education is undergoing major transformations which have led to the emergence of online learning. Distance learning opens doors all over the world, especially for those who find it impossible to physically attend university sessions due to geographic, financial or time constraints. The growing dependence on the Internet makes it easy for universities to create, deliver and manage online courses. The increase in the number of universities in the United States that offer online courses with a wide variety of frequently added courses is also driving the market.

In addition, a significant increase in demand for smart home appliances, especially refrigerators, dishwashers, smart TVs, voice assistants, and microwave ovens, has driven the demand for Wi-Fi routers. domestic workers. Smart home technologies such as smart home controllers and smart hubs that can remotely control household appliances are major factors for the adoption of smart and innovative devices. Thus, the increasing use of smart connected devices in homes is driving the growth of the global home Wi-Fi router market during the forecast period.

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Associated reports:

Optical Switches Market by Application and Geography – Forecast and Analysis 2021-2025

Scope of the Home Wi-Fi Router Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a 10.01% CAGR

Market growth 2021-2025

$ 1.76 billion

Market structure

Fragmented

Annual growth (%)

6.88

Regional analysis

North America, APAC, Europe, South America and MEA

Efficient contribution to the market

36% APAC

Main consumer countries

United States, India, China, Russian Federation and Germany

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

ASUSTeK Computer Inc., Cisco Systems Inc., D-Link Corp., Huawei Investment and Holding Co. Ltd., Intel Corp., Legrand AV Inc., NETGEAR Inc., Samsung Electronics Co. Ltd., Verizon Communications Inc., and ZTE Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID 19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us:

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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