Market Overview:
The global home 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 and rising number of connected devices. In addition, the growing trend of smart homes is also contributing to the growth of this market. Based on type, the global home wireless router market can be segmented into single band wireless routers, dual band wireless routers, and tri band wireless routers. Among these, dual band Wireless Routers are expected to witness highest growth during the forecast period owing to their ability offer high-speed internet connectivity without any interference or congestion issues.
Product Definition:
A home wireless router is a device that allows devices to connect to the Internet using a wireless signal. It is typically used in homes and small businesses. The importance of a home wireless router is that it provides Wi-Fi access for devices in the home or office, allowing them to connect to the Internet without having to use an Ethernet cable.
Single Band Wireless Routers:
Single-band wireless routers are those that work on the 2.4 GHz band only. The 2.4 GHz ISM band is used by all modern Wi-Fi devices and is a part of the Industrial, Scientific, and Medical (ISM) bands.
Dual Band Wireless Routers:
Dual-band wireless routers are those which can connect two devices to the internet simultaneously. It has two separate frequency bands, one for 2.4 GHz and another for 5 GHz frequencies. These routers have the ability to support a large number of devices at once with improved speed and range as compared to single band wireless routers.
Application Insights:
The online sales application segment dominated the global home wireless router market in 2017. The growth of this application can be attributed to the increasing use of smartphones, tablets and laptops, which enable consumers to browse through various stores selling products over the internet. Moreover, growing adoption of e-commerce has further increased consumer awareness regarding product availability across different cities and countries resulting in increased online sales.
Offline Sales is expected to be one of the fastest-growing applications owing to rising penetration rates coupled with high demand for wireless routers from residential users as well as commercial sectors such as hotels and cafes. Furthermore, manufacturers are launching new products catering to this sector on a regular basis which is also propelling growth for this segment at a steady rate throughout 2018 - 2030 period.
The others application segment includes gaming & entertainment networks along with public networks such as educational institutes or government offices that require a large number of devices connected simultaneously within limited network range (usually within 150 meters).
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of prominent players such as D-Link Corporation, Trendnet Technology Inc., and linksys Technologies, Inc. Moreover, increasing demand for high-speed internet services 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 rising internet penetration rates and growing adoption of online shopping applications across various countries in this region. Furthermore, favorable government initiatives promoting higher speeds for domestic consumers are estimated to further fuel regional product demand during the forecast period.
Growth Factors:
- Increasing demand for high-speed internet: The growth of the home wireless router market is mainly driven by the increasing demand for high-speed internet. With more and more people using multiple devices to access the internet, there is a growing need for routers that can provide faster speeds and better coverage.
- Proliferation of smart devices: The growth of the home wireless router market is also being propelled by the proliferation of smart devices such as smartphones, tablets, and laptops. These devices are increasingly being used to access content online, which has led to a surge in demand for routers that can support higher bandwidths.
- Growing popularity of streaming services: Another major driver for the home wireless router market is the growing popularity of streaming services such as Netflix and Hulu Plus. These services are putting greater strain on networks, leading to an increased need for routers with better bandwidth capabilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Wireless Router Market Research Report
By Type
Single Band Wireless Routers, Dual Band Wireless Routers, Tri Band Wireless Routers
By Application
Online Sales, Offline Sales
By Companies
TP-LINK, D-Link, Cisco, Belkin, NETCORE Group, Netgear, Buffalo, Amped, Edimax, Asus, Huawei, Xiaomi, HiWiFi
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Home Wireless Router Market Report Segments:
The global Home Wireless Router market is segmented on the basis of:
Types
Single Band Wireless Routers, Dual Band Wireless Routers, Tri Band 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
Online Sales, Offline Sales
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
- Belkin
- NETCORE Group
- Netgear
- Buffalo
- Amped
- Edimax
- Asus
- Huawei
- Xiaomi
- HiWiFi
Highlights of The Home 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:
- Single Band Wireless Routers
- Dual Band Wireless Routers
- Tri Band Wireless Routers
- By Application:
- Online Sales
- Offline Sales
- 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 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.
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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 wireless router is a device that allows you to connect your computer, phone, and other devices to the internet through an antenna.
Some of the major companies in the home wireless router market are TP-LINK, D-Link, Cisco, Belkin, NETCORE Group, Netgear, Buffalo, Amped, Edimax, Asus, Huawei, Xiaomi, HiWiFi.
The home 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 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 Wireless Router Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Home 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 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 Wireless Router Market Size & Forecast, 2018-2028 4.5.1 Home Wireless Router Market Size and Y-o-Y Growth 4.5.2 Home Wireless Router Market Absolute $ Opportunity
Chapter 5 Global Home Wireless 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 Home Wireless Router Market Size Forecast by Type
5.2.1 Single Band Wireless Routers
5.2.2 Dual Band Wireless Routers
5.2.3 Tri Band Wireless Routers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Home Wireless 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 Home Wireless Router Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home 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 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 Home Wireless Router Analysis and Forecast
9.1 Introduction
9.2 North America Home Wireless 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 Home Wireless Router Market Size Forecast by Type
9.6.1 Single Band Wireless Routers
9.6.2 Dual Band Wireless Routers
9.6.3 Tri Band 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 Home Wireless Router Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
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 Home Wireless Router Analysis and Forecast
10.1 Introduction
10.2 Europe Home Wireless 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 Home Wireless Router Market Size Forecast by Type
10.6.1 Single Band Wireless Routers
10.6.2 Dual Band Wireless Routers
10.6.3 Tri Band 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 Home Wireless Router Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
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 Home Wireless Router Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Home Wireless 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 Home Wireless Router Market Size Forecast by Type
11.6.1 Single Band Wireless Routers
11.6.2 Dual Band Wireless Routers
11.6.3 Tri Band 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 Home Wireless Router Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
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 Home Wireless Router Analysis and Forecast
12.1 Introduction
12.2 Latin America Home Wireless 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 Home Wireless Router Market Size Forecast by Type
12.6.1 Single Band Wireless Routers
12.6.2 Dual Band Wireless Routers
12.6.3 Tri Band 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 Home Wireless Router Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
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) Home Wireless Router Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Home Wireless 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) Home Wireless Router Market Size Forecast by Type
13.6.1 Single Band Wireless Routers
13.6.2 Dual Band Wireless Routers
13.6.3 Tri Band 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) Home Wireless Router Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
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 Wireless Router Market: Competitive Dashboard
14.2 Global Home Wireless Router 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 Belkin
14.3.5 NETCORE Group
14.3.6 Netgear
14.3.7 Buffalo
14.3.8 Amped
14.3.9 Edimax
14.3.10 Asus
14.3.11 Huawei
14.3.12 Xiaomi
14.3.13 HiWiFi