Market Overview:
The global home and office wireless 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, rising adoption of smart devices, and growing trend of BYOD (Bring Your Own Device) in workplaces. In addition, the increasing demand for cloud-based services is also contributing to the growth of this market. Based on type, the modem & router combos segment is expected to lead the global home and office wireless router market during the forecast period. This segment is projected to grow at a CAGR of 6% during 2018–2030 owing to its low cost and easy installation as compared with other types of routers available in the market.
Product Definition:
A home wireless router is a networking device that allows devices within a home to connect to the internet using Wi-Fi. A office wireless router is a networking device that allows devices within an office to connect to the internet using Wi-Fi. The importance of having a home or office wireless router is so that people can access the internet without having to use cords and plugs.
Modem & Router Combos:
Modem and router combinations are used to provide internet access to a home or an office. The growth factor in the market is increasing demand for internet services such as data usage, video streaming, e-mailing etc. that require high bandwidth capacity which in turn is driving the need for more number of consumers to opt for these devices.
Whole Home Wi-Fi Systems:
Whole home Wi-Fi systems are a set of devices that work together to provide wireless internet access throughout a residential or commercial building. It is also used in some cases where there is an outdoor area, such as an apartment complex or condominium, which requires special attention. The system comprises one or more wireless routers and access points (APs), connected via cable Ethernet and/or optical fiber cables.
Application Insights:
The home use application segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to the increasing adoption of smart devices, which in turn, requires a constant internet connection. As a result, consumers are opting for wireless routers that support multiple bands and have enhanced features such as guest network access and VPN server integration. Furthermore, increasing demand for high-speed Wi-Fi connectivity at home has led to an increase in the number of modems and routers sold together as modem/router combos by major manufacturers.
The office use application segment is expected to witness significant growth over the forecast period owing to growing IT infrastructure needs across offices worldwide coupled with rising employment rates across developed economies including Germany, France and UK. According to ezTalkshop research conducted in November 2017, around 40% of small businesses have fewer than 10 employees while 30% have between 11 - 50 employees each year anticipating 2019 (in U.S).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing internet penetration, high smartphone adoption, and growing number of wireless router sales. Moreover, presence of key players such as Cisco Systems, Inc., Google LLC; and Belkin International LLC is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing internet penetration rates coupled with rising disposable income levels in developing economies including India and China. Furthermore, growing demand for higher bandwidth has led major manufacturers in this region to increase wireless router offering frequency which will further boost regional product demand during the forecast period.
Growth Factors:
- Increasing demand for high-speed internet connectivity in both home and office environments is driving the growth of the home and office wireless router market.
- Proliferation of smart devices such as smartphones, tablets, and laptops is also fueling the demand for high-speed internet connectivity, which in turn is boosting the growth of the home and office wireless router market.
- Rapid expansion of 4G LTE networks across different geographies is providing a fillip to the growth of the home and office wireless router market.
- Growing awareness about benefits offered by Wi-Fi routers, such as enhanced security features and better coverage area, is propelling their adoption among consumers worldwide.
- The increasing trend of Bring Your Own Device (BYOD) in workplaces is also contributing to the growth of the home and office wireless router market
Scope Of The Report
Report Attributes
Report Details
Report Title
Home and Office Wireless Router Market Research Report
By Type
Modem & Router Combos, Whole Home Wi-Fi Systems, Wireless Routers
By Application
Home Use, Office Use
By Companies
NETGEAR, Linksys, Asus, Belkin, Apple, TP-LINK, D-Link, TRENDnet, Securifi, Google
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Home and Office Wireless Router Market Report Segments:
The global Home and Office Wireless Router market is segmented on the basis of:
Types
Modem & Router Combos, Whole Home Wi-Fi Systems, Wireless 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
Home Use, Office Use
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
- Linksys
- Asus
- Belkin
- Apple
- TP-LINK
- D-Link
- TRENDnet
- Securifi
- Google
Highlights of The Home and Office Wireless 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:
- Modem & Router Combos
- Whole Home Wi-Fi Systems
- Wireless Routers
- By Application:
- Home Use
- Office Use
- 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 Home and Office Wireless 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
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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 home and office wireless router is a device that allows devices in your home or office to connect to the internet wirelessly. This can be helpful if you have multiple devices in different rooms that you want to be able to access the internet from, or if you just want an easy way to get online without having wires running all over the place.
Some of the major players in the home and office wireless router market are NETGEAR, Linksys, Asus, Belkin, Apple, TP-LINK, D-Link, TRENDnet, Securifi, Google.
The home and office wireless 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 Home and Office Wireless 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 Home and Office Wireless Router Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home and Office Wireless 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 Home and Office Wireless 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 Home and Office Wireless Router Market Size & Forecast, 2020-2028
4.5.1 Home and Office Wireless Router Market Size and Y-o-Y Growth
4.5.2 Home and Office Wireless 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 Modem & Router Combos
5.2.2 Whole Home Wi-Fi Systems
5.2.3 Wireless 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 Home Use
6.2.2 Office Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home and Office Wireless 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 Home and Office Wireless 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 Modem & Router Combos
9.6.2 Whole Home Wi-Fi Systems
9.6.3 Wireless 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 Home Use
9.10.2 Office Use
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 Modem & Router Combos
10.6.2 Whole Home Wi-Fi Systems
10.6.3 Wireless 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 Home Use
10.10.2 Office Use
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 Modem & Router Combos
11.6.2 Whole Home Wi-Fi Systems
11.6.3 Wireless 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 Home Use
11.10.2 Office Use
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 Modem & Router Combos
12.6.2 Whole Home Wi-Fi Systems
12.6.3 Wireless 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 Home Use
12.10.2 Office Use
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 Modem & Router Combos
13.6.2 Whole Home Wi-Fi Systems
13.6.3 Wireless 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 Home Use
13.10.2 Office Use
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 Home and Office Wireless Router Market: Competitive Dashboard
14.2 Global Home and Office Wireless Router Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NETGEAR
14.3.2 Linksys
14.3.3 Asus
14.3.4 Belkin
14.3.5 Apple
14.3.6 TP-LINK
14.3.7 D-Link
14.3.8 TRENDnet
14.3.9 Securifi
14.3.10 Google
