Market Overview:
The global 2.4GHz 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 terms of type, the portable segment is expected to witness highest growth during the forecast period owing to its growing demand from consumers for easy portability and convenience. By application, domestic applications are expected to account for majority share in terms of revenue in 2018 and is also projected to register highest CAGR over the forecast period due To increase in adoption rate of smart home appliances such as Wi-Fi enabled thermostats, security cameras, etc., across various regions worldwide. In terms of region, North America accounted for largest share in global 2.4GHz router market revenue in 2017.
Product Definition:
A 2.4GHz router is a type of wireless router that uses the 2.4GHz frequency to send and receive data. This type of router is often used in homes and small businesses because it provides good coverage and performance at a relatively low cost.
Portable:
Portable is a device which can be transported from one place to another without any substantial changes. It has certain features which make it portable such as self-contained operating system, power source and some memory. The most important factor that makes it portable is its ability to operate on the move without being connected to an external network or the mainframe.
Vehicular:
Vehicular technology is a term used to define wireless communication devices that are used in vehicles. It includes technologies such as Wi-Fi, Bluetooth, and cellular data networks. The global vehicular and it’s usage in 2.4GHz router market size was valued at USD 3,890 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Application Insights:
The general type of routers is used for both domestic and commercial applications. The growing demand for wireless connectivity in the home has been a major factor driving the growth of the 2.4GHz router market. Consumers are looking for easy and cost-effective ways to gain wireless internet connectivity at home, which is propelling demand from consumers segment.
The commercial office application segment accounted for a significant share in 2017 owing to increasing number of business owners investing in high speed internet infrastructure so that they can communicate with their employees and partners efficiently across the globe thereby boosting product demand from this segment over next few years as well. Furthermore, companies such as Cisco Systems Inc., Aruba Ltd., Huawei Technologies Co., Ltd.
Regional Analysis:
North America dominated the global 2.4GHz router market in terms of revenue share in 2017, followed by Europe and Asia Pacific. The North American region is expected to witness a CAGR of XX% from 2018 to 2030, while the Asia Pacific region is anticipated to grow at a significant rate during the forecast period. This can be attributed to increasing number of wireless devices such as laptops, smartphones and tablets coupled with rising demand for high-speed internet access at home and work place along with growing popularity of social networking sites, online gaming & video streaming among others. Furthermore, presence of major players such as Cisco Systems; Qualcomm Inc.; Atheros Communications Inc.; Intel Corporation; Netgear Entertainment Ltd.; D-Link Corporation; TP-LINK Technology Co., Ltd.; ZTE Corporation; Huawei Technologies Co., Ltd.;and Actiontec Electronics Corp.-based in countries such as U.S.
Growth Factors:
- Increasing demand for high-speed internet: The increasing demand for high-speed internet is one of the key growth drivers for the 2.4GHz router market. With the growing number of connected devices and rising data traffic, consumers are increasingly looking for routers that offer higher speeds and bandwidth.
- Proliferation of smart devices: The proliferation of smart devices is another major factor driving the growth of the 2.4GHz router market. Smartphones, tablets, and other connected devices are generating a large amount of data traffic, which is putting pressure on home networks to handle more bandwidth-intensive applications and media streaming services.
- Growing demand for mesh networking: Mesh networking is becoming increasingly popular as a way to extend Wi-Fi coverage in larger homes or offices with multiple floors or rooms spread out over a wide area. This has led to an increase in demand for routers that support mesh networking technology.
Scope Of The Report
Report Attributes
Report Details
Report Title
2.4GHz Router Market Research Report
By Type
Portable, Vehicular, General type
By Application
Domestic, Industrial, Commercial Office, Other
By Companies
Netgear, Asus, TP-Link, D-Link, Huawei, Linksys, Tenda, Qihoo 360, Gee, Xiaomi, Digisol, Teltonika, MetaGeek, Suddenlink
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global 2.4GHz Router Market Report Segments:
The global 2.4GHz Router market is segmented on the basis of:
Types
Portable, Vehicular, General type
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
Domestic, Industrial, Commercial Office, Other
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:
- Netgear
- Asus
- TP-Link
- D-Link
- Huawei
- Linksys
- Tenda
- Qihoo 360
- Gee
- Xiaomi
- Digisol
- Teltonika
- MetaGeek
- Suddenlink
Highlights of The 2.4GHz 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:
- Portable
- Vehicular
- General type
- By Application:
- Domestic
- Industrial
- Commercial Office
- Other
- 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 2.4GHz 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 2.4GHz router is a wireless router that operates on the 2.4GHz frequency band. This frequency band is typically used for short-range communications, such as connecting devices in your home or office to the internet.
Some of the key players operating in the 2.4ghz router market are Netgear, Asus, TP-Link, D-Link, Huawei, Linksys, Tenda, Qihoo 360, Gee, Xiaomi, Digisol, Teltonika, MetaGeek, Suddenlink.
The 2.4ghz 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 2.4GHz 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 2.4GHz Router Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2.4GHz 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 2.4GHz 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 2.4GHz Router Market Size & Forecast, 2018-2028
4.5.1 2.4GHz Router Market Size and Y-o-Y Growth
4.5.2 2.4GHz Router Market Absolute $ Opportunity
Chapter 5 Global 2.4GHz Router 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 2.4GHz Router Market Size Forecast by Type
5.2.1 Portable
5.2.2 Vehicular
5.2.3 General type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 2.4GHz Router 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 2.4GHz Router Market Size Forecast by Applications
6.2.1 Domestic
6.2.2 Industrial
6.2.3 Commercial Office
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2.4GHz 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 2.4GHz 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 2.4GHz Router Analysis and Forecast
9.1 Introduction
9.2 North America 2.4GHz Router 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 2.4GHz Router Market Size Forecast by Type
9.6.1 Portable
9.6.2 Vehicular
9.6.3 General type
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 2.4GHz Router Market Size Forecast by Applications
9.10.1 Domestic
9.10.2 Industrial
9.10.3 Commercial Office
9.10.4 Other
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 2.4GHz Router Analysis and Forecast
10.1 Introduction
10.2 Europe 2.4GHz Router 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 2.4GHz Router Market Size Forecast by Type
10.6.1 Portable
10.6.2 Vehicular
10.6.3 General type
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 2.4GHz Router Market Size Forecast by Applications
10.10.1 Domestic
10.10.2 Industrial
10.10.3 Commercial Office
10.10.4 Other
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 2.4GHz Router Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 2.4GHz Router 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 2.4GHz Router Market Size Forecast by Type
11.6.1 Portable
11.6.2 Vehicular
11.6.3 General type
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 2.4GHz Router Market Size Forecast by Applications
11.10.1 Domestic
11.10.2 Industrial
11.10.3 Commercial Office
11.10.4 Other
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 2.4GHz Router Analysis and Forecast
12.1 Introduction
12.2 Latin America 2.4GHz Router 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 2.4GHz Router Market Size Forecast by Type
12.6.1 Portable
12.6.2 Vehicular
12.6.3 General type
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 2.4GHz Router Market Size Forecast by Applications
12.10.1 Domestic
12.10.2 Industrial
12.10.3 Commercial Office
12.10.4 Other
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) 2.4GHz Router Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 2.4GHz Router 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) 2.4GHz Router Market Size Forecast by Type
13.6.1 Portable
13.6.2 Vehicular
13.6.3 General type
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) 2.4GHz Router Market Size Forecast by Applications
13.10.1 Domestic
13.10.2 Industrial
13.10.3 Commercial Office
13.10.4 Other
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 2.4GHz Router Market: Competitive Dashboard
14.2 Global 2.4GHz Router Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Netgear
14.3.2 Asus
14.3.3 TP-Link
14.3.4 D-Link
14.3.5 Huawei
14.3.6 Linksys
14.3.7 Tenda
14.3.8 Qihoo 360
14.3.9 Gee
14.3.10 Xiaomi
14.3.11 Digisol
14.3.12 Teltonika
14.3.13 MetaGeek
14.3.14 Suddenlink
