Market Overview:
The global gigabit routers market is expected to grow at a CAGR of 10.5% 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 the rising number of connected devices. In addition, the growing adoption of gigabit routers by businesses is also contributing to the growth of this market. Based on type, the global gigabit routers market can be segmented into single band gigabit routers, dual band gigabit routers, and tri band gigabit routers.
Product Definition:
A gigabit router is a type of router that can transmit data at speeds of up to 1,000 megabits per second (Mbps). This makes them ideal for use in homes and small businesses where high-speed Internet access is required.
Single Band Gigabit Routers:
Single-band gigabit routers are also known as 1GigE or one GbE. They have a single data channel to the internet using either optical fiber, copper wire, or wireless technology. The term “single” in this case does not mean it has only one band; it usually means that the device is designed for use in small office/home office (SOHO) and residential applications at a low cost with limited features compared to multi-band devices.
Dual Band Gigabit Routers:
Dual Band Gigabit (DGB) routers are capable of simultaneously supporting both 2.4 GHz and 5 GHz frequency bands, which allows them to offer improved bandwidth capacity as compared to traditional devices operating in a single band. The increased data throughput offered by DGB devices is expected to drive their adoption over the forecast period.
The primary factor driving the growth of global gigabit routers market is increasing demand for high-speed internet services from residential consumers, enterprises.
Application Insights:
The business application segment accounted for the largest revenue share of more than 60% in 2017. The demand from the business sector is expected to drive growth owing to increased requirement of bandwidth-intensive applications, such as video-conferencing and data-intensive applications. In addition, an increasing number of small and medium-sized businesses (SMBs) across the globe are adopting smart city initiatives, which further propels product demand.
The family or individual consumer application segment is expected to witness significant growth over the forecast period owing to rising adoption of high speed internet services by consumers globally. Furthermore, a large number of consumers have started using mobile broadband subscriptions on their homes which drives additional requirements for routers with higher transfer speeds worldwide.
Regional Analysis:
North America dominated the global gigabit routers market in terms of revenue share in 2017. This can be attributed to the presence of a large number of service providers, such as Google Inc., who offer high-speed internet services through fiber optic cables to residential and commercial customers. Moreover, increasing demand for high-speed internet services is further expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the next eight years owing to rising consumer awareness regarding improved connectivity and enhanced performance offered by these devices coupled with growing adoption at enterprise levels for enhancing productivity and efficiency. Furthermore, increasing government initiatives towards deployment of advanced technologies are projected favorably impact regional demand during the forecast period.
Growth Factors:
- Increasing demand for high-speed internet: Gigabit routers can provide high-speed internet up to 1,000 Mbps, which is 10 times faster than the average speed of a home router. This is driving the demand for gigabit routers in both residential and commercial applications.
- Growing popularity of 4K streaming: With the increasing popularity of 4K streaming, there is a growing demand for devices that can handle higher bandwidth requirements. Gigabit routers are well suited for this task and are becoming increasingly popular among consumers.
- Proliferation of smart devices: The number of smart devices in homes is growing rapidly and this is putting strain on traditional home networks that were not designed to handle such high traffic loads. Gigabit routers can easily manage these loads and are quickly becoming a must-have device in homes with multiple smart devices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gigabit Routers Market Research Report
By Type
Single Band Gigabit Routers, Dual Band Gigabit Routers, Tri Band Gigabit Routers
By Application
Family or Individual Consumer, Business
By Companies
TP-LINK, D-Link, Cisco, Tenda, Belkin (Linksys), NETCORE Group (qihoo 360), MERCURY, Netgear, Asus, Huawei, Xiaomi
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Gigabit Routers Market Report Segments:
The global Gigabit Routers market is segmented on the basis of:
Types
Single Band Gigabit Routers, Dual Band Gigabit Routers, Tri Band Gigabit Routers
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
Family or Individual Consumer, Business
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:
- TP-LINK
- D-Link
- Cisco
- Tenda
- Belkin (Linksys)
- NETCORE Group (qihoo 360)
- MERCURY
- Netgear
- Asus
- Huawei
- Xiaomi
Highlights of The Gigabit Routers 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:
- Single Band Gigabit Routers
- Dual Band Gigabit Routers
- Tri Band Gigabit Routers
- By Application:
- Family or Individual Consumer
- Business
- 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 Gigabit Routers 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 Gigabit router is a type of router that can handle data speeds of up to 1,000 Mbps. This is significantly faster than the typical broadband connection, which typically operates at speeds of around 50 Mbps.
Some of the major players in the gigabit routers market are TP-LINK, D-Link, Cisco, Tenda, Belkin (Linksys), NETCORE Group (qihoo 360), MERCURY, Netgear, Asus, Huawei, Xiaomi.
The gigabit routers market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gigabit Routers 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 Gigabit Routers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gigabit Routers 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 Gigabit Routers 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 Gigabit Routers Market Size & Forecast, 2020-2028
4.5.1 Gigabit Routers Market Size and Y-o-Y Growth
4.5.2 Gigabit Routers 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 Single Band Gigabit Routers
5.2.2 Dual Band Gigabit Routers
5.2.3 Tri Band Gigabit Routers
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 Family or Individual Consumer
6.2.2 Business
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gigabit Routers 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 Gigabit Routers 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 Single Band Gigabit Routers
9.6.2 Dual Band Gigabit Routers
9.6.3 Tri Band Gigabit Routers
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 Family or Individual Consumer
9.10.2 Business
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 Single Band Gigabit Routers
10.6.2 Dual Band Gigabit Routers
10.6.3 Tri Band Gigabit Routers
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 Family or Individual Consumer
10.10.2 Business
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 Single Band Gigabit Routers
11.6.2 Dual Band Gigabit Routers
11.6.3 Tri Band Gigabit Routers
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 Family or Individual Consumer
11.10.2 Business
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 Single Band Gigabit Routers
12.6.2 Dual Band Gigabit Routers
12.6.3 Tri Band Gigabit Routers
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 Family or Individual Consumer
12.10.2 Business
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 Single Band Gigabit Routers
13.6.2 Dual Band Gigabit Routers
13.6.3 Tri Band Gigabit Routers
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 Family or Individual Consumer
13.10.2 Business
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 Gigabit Routers Market: Competitive Dashboard
14.2 Global Gigabit Routers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TP-LINK
14.3.2 D-Link
14.3.3 Cisco
14.3.4 Tenda
14.3.5 Belkin (Linksys)
14.3.6 NETCORE Group (qihoo 360)
14.3.7 MERCURY
14.3.8 Netgear
14.3.9 Asus
14.3.10 Huawei
14.3.11 Xiaomi
