Market Overview:
The global broadband router market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-speed internet connectivity and rising number of connected devices. In addition, the growing adoption of cloud services and IoT is also contributing to the growth of this market. Based on type, the global broadband router market can be segmented into wired routers and wireless routers. Wired routers are expected to account for a larger share than wireless routers during the forecast period owing to their higher speed and bandwidth capacity as compared to wireless routers. Based on application, the global broadband router market can be segmented into household and commercial applications.
Product Definition:
A broadband router is a type of network bridge that forwards and routes data packets between the local area network (LAN) and wide area network (WAN) segments. Routers are necessary for connecting LANs that are physically separated by large distances. A broadband router connects to both the LAN and WAN segments, allowing devices on either side to communicate with each other.
Wired Router:
Wired routers are used to connect computers and peripherals such as printers, scanners, and modems to the computer network. The most common wired network consists of a Local Area Network (LAN) that provides connectivity between computers within a private home or small office environment. A wired router is also known as LAN hub or access point.
Wireless Router:
A wireless router is a device that allows you to connect multiple devices, such as computers and printers, to the internet. It does this by creating a network that uses radio frequency (RF) waves for communication. A wireless router functions similarly to an Ethernet cable; however, it creates its own private network and does not require an external cable for connectivity.
Application Insights:
The commercial segment dominated the global broadband router market in 2017, accounting for more than 60.0% share of the total revenue. The growth can be attributed to an increase in demand for high-speed internet services across various end-use industries such as education, government and healthcare. Moreover, a large number of service providers are deploying these devices to provide high-speed connectivity to their customers owing to benefits such as increased productivity and enhanced user experience offered by these devices.
The household segment is expected register significant growth over the forecast period due to increasing adoption of smart home technology that relies heavily on internet connectivity for functioning properly. Furthermore, growing penetration of 4K video streaming services has led consumers towards purchasing higher performance broadband routers with features such as MU-MIMO that helps enhance data transfer rates while streaming HD videos or gaming online simultaneously with fewer resources consumed by both wireless clients and base stations respectively at a location (household).
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The regional growth can be attributed to increasing internet penetration and rising adoption of high-speed internet services by consumers, along with a growing number of commercial buildings. Europe also captured a significant market share in 2017 owing to early technology adoption by service providers and manufacturers in this region. Moreover, presence of major broadband router manufacturers such as ASUS; Belkin International LLC; Cisco Systems, Inc.; D-Link Corporation; Huawei Technologies Co., Ltd.; Netgear Inc.; and TP-LINK INC., has fueled the regional demand for these devices over the past few years.
North America is projected to account for a substantial market share during the same period owing to early technology adoption by service providers and wireless device manufacturers in this region. Presence of major companies such as Apple Inc., Google LLC; Microsoft Corporation; Qualcomm Technologies, Inc.; Samsung Electronics Co., Ltd.; LG Electronics IPSP Korea Corp.
Growth Factors:
- Increasing demand for high-speed internet connectivity
- Proliferation of smart devices and the growing trend of IoT
- Rising number of online users and surging demand for bandwidth-intensive applications
- Growing need for secure and reliable networking solutions
- Emerging markets offering immense growth potential
Scope Of The Report
Report Attributes
Report Details
Report Title
Broadband Router Market Research Report
By Type
Wired Router, Wireless Router
By Application
Household, Commercial
By Companies
Siemens, Huawei, Cisco, TP-Link, H3C, Tenda, Netcore, Ruijie, Mercury, Volans, Siemens, Swift, IP-COM, ZTE, ASUS, D-Link
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Broadband Router Market Report Segments:
The global Broadband Router market is segmented on the basis of:
Types
Wired Router, Wireless Router
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- Huawei
- Cisco
- TP-Link
- H3C
- Tenda
- Netcore
- Ruijie
- Mercury
- Volans
- Siemens
- Swift
- IP-COM
- ZTE
- ASUS
- D-Link
Highlights of The Broadband Router Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wired Router
- Wireless Router
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Broadband Router Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A broadband router is a device that helps you connect to the internet. It can be used at home, in the office, or anywhere else where there is an available connection. Broadband routers are typically faster than dial-up routers and provide more bandwidth for online activities.
Some of the key players operating in the broadband router market are Siemens, Huawei, Cisco, TP-Link, H3C, Tenda, Netcore, Ruijie, Mercury, Volans, Siemens, Swift, IP-COM, ZTE, ASUS, D-Link.
The broadband router market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Broadband Router Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Broadband Router Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Broadband Router Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Broadband Router Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Broadband Router Market Size & Forecast, 2020-2028 4.5.1 Broadband Router Market Size and Y-o-Y Growth 4.5.2 Broadband Router Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wired Router
5.2.2 Wireless Router
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Broadband Router Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Broadband Router Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wired Router
9.6.2 Wireless Router
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wired Router
10.6.2 Wireless Router
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wired Router
11.6.2 Wireless Router
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wired Router
12.6.2 Wireless Router
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wired Router
13.6.2 Wireless Router
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Broadband Router Market: Competitive Dashboard
14.2 Global Broadband Router Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Huawei
14.3.3 Cisco
14.3.4 TP-Link
14.3.5 H3C
14.3.6 Tenda
14.3.7 Netcore
14.3.8 Ruijie
14.3.9 Mercury
14.3.10 Volans
14.3.11 Siemens
14.3.12 Swift
14.3.13 IP-COM
14.3.14 ZTE
14.3.15 ASUS
14.3.16 D-Link