Market Overview:
The global WiFi 6 router market is expected to grow at a CAGR of xx% 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. Additionally, the growing adoption of WiFi 6 routers by businesses is also contributing to the growth of this market. However, lack of awareness about WiFi 6 routers among consumers may restrain the growth of this market during the forecast period. Based on type, the global WiFi 6 router market can be segmented into dual-band and tri-band routers. Dual-band routers are expected to account for a larger share than tri-band routers in terms of revenue during the forecast period from 2018 to 2030. This can be attributed to their lower price point as compared with tri-band routers and higher adoption by residential users worldwide. Tri-band routers are mainly used in commercial applications where there is a need for higher bandwidth and faster data transfer speeds than what dual band Routers offer . Based on application,the global wifi6 routermarket can be segmented into residential and business applications .
Product Definition:
WiFi 6 Router is a type of router that uses WiFi 6 technology. WiFi 6 technology offers faster speeds and improved reliability compared to older versions of WiFi. This makes it ideal for streaming content, gaming, and other activities that require high bandwidth.
Dual-Band:
Dual-band is a technology that allows simultaneous usage of 2 different wireless frequency bands in the same device. The term “dual-band” is often used to refer to both 2.4 GHz and 5 GHz, but it also refers to any combination of two frequencies (e.g., 2.4/5GHz or 3.1/3GHz).
Tri-band:
Tri-band is a term used in the networking industry to define the spectrum range of 3G, 2.4 GHz, and 5 GHz that are used for wireless communication. The term was first introduced in 2015 with the launch of Intel WiGig technology which has since then been an integral part of high performance wireless solutions.
Application Insights:
The residential segment dominated the global WiFi 6 router market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to increasing demand for high-speed wireless internet at home and office across various end-use segments such as households, small business and large business. Furthermore, growing adoption of smart homes is expected to drive product demand over the forecast period.
The commercial segment is projected to witness significant growth during the forecast period owing to increasing deployment of public hotspots by hotels and restaurants at a global level as well as regional level by countries including Brazil, Argentina Italy Mexico China Japan South Korea Singapore Thailand Colombia Netherlands Belgium Russia Spain France Germany U.K., among others which are responsible for driving consumer traffic towards these establishments thereby fueling product demand in this application segment globally over the next six years to 2030 at a CAGR of XX%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing internet penetration and rising number of smart connected devices in the region. China, India, Japan, Australia and South Korea are some of the countries that dominate this regional market. Moreover, Asia Pacific has been witnessing increased adoption of digital services resulting in higher demand for advanced networking technologies such as wireless routers.
North America was valued at USD X million in 2017 owing to high product demand from U.S., which is one of the most technologically advanced countries globally when it comes to networking products and solutions including wireless routers.
Growth Factors:
- Increasing demand for high-speed internet: The growth of WiFi 6 routers is propelled by the increasing demand for high-speed internet, which is necessary to meet the needs of users for bandwidth-intensive applications such as streaming HD videos and gaming.
- Proliferation of smart devices: The proliferation of smart devices, such as smartphones, tablets, and laptops, has led to an increase in the demand for WiFi connectivity. This has resulted in a surge in the adoption of WiFi 6 routers as they offer faster speeds and better performance than previous generations of routers.
- Increased use of home automation: Home automation is becoming increasingly popular with consumers due to its ability to make homes more energy efficient and convenient to live in. One key application that drives home automation is connected lighting, which can be controlled using a smartphone or tablet app. To take advantage of this trend, many homeowners are upgrading their existing routers with WiFi 6 models that offer increased speed and range coverage over older technologies like 80211n/g/b standards . 4) Growing popularity o f mesh networks : A mesh network consists o f multiple nodes (devices) that work together t o create a single wireless network . Mesh networks are ideal fo r large homes or businesses where coverage i s needed i n areas tha t traditional Wi - Fi signals cannot reach . Mesh networking technology has been around since th e early 2000s , but it 's only recently become popul ar because o f th e increas
Scope Of The Report
Report Attributes
Report Details
Report Title
WiFi 6 Router Market Research Report
By Type
Dual-Band, Tri-band
By Application
Residential, Business
By Companies
Shenzhen Yunlink Technology, Gospell Digital Technology, NETGEAR, Shenzhen Tenda Technology, TP-Link Technologies, ASUS, Belkin International, 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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global WiFi 6 Router Market Report Segments:
The global WiFi 6 Router market is segmented on the basis of:
Types
Dual-Band, Tri-band
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
Residential, 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:
- Shenzhen Yunlink Technology
- Gospell Digital Technology
- NETGEAR
- Shenzhen Tenda Technology
- TP-Link Technologies
- ASUS
- Belkin International
- D-Link
Highlights of The WiFi 6 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:
- Dual-Band
- Tri-band
- By Application:
- Residential
- 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 WiFi 6 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?
WiFi 6 Router is a router that supports the latest WiFi standards. It offers better performance and enhanced security features.
Some of the major companies in the wifi 6 router market are Shenzhen Yunlink Technology, Gospell Digital Technology, NETGEAR, Shenzhen Tenda Technology, TP-Link Technologies, ASUS, Belkin International, D-Link.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 WiFi 6 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 WiFi 6 Router Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 WiFi 6 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 WiFi 6 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 WiFi 6 Router Market Size & Forecast, 2018-2028
4.5.1 WiFi 6 Router Market Size and Y-o-Y Growth
4.5.2 WiFi 6 Router Market Absolute $ Opportunity
Chapter 5 Global WiFi 6 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 WiFi 6 Router Market Size Forecast by Type
5.2.1 Dual-Band
5.2.2 Tri-band
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global WiFi 6 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 WiFi 6 Router Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Business
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global WiFi 6 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 WiFi 6 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 WiFi 6 Router Analysis and Forecast
9.1 Introduction
9.2 North America WiFi 6 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 WiFi 6 Router Market Size Forecast by Type
9.6.1 Dual-Band
9.6.2 Tri-band
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 WiFi 6 Router Market Size Forecast by Applications
9.10.1 Residential
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 WiFi 6 Router Analysis and Forecast
10.1 Introduction
10.2 Europe WiFi 6 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 WiFi 6 Router Market Size Forecast by Type
10.6.1 Dual-Band
10.6.2 Tri-band
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 WiFi 6 Router Market Size Forecast by Applications
10.10.1 Residential
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 WiFi 6 Router Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific WiFi 6 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 WiFi 6 Router Market Size Forecast by Type
11.6.1 Dual-Band
11.6.2 Tri-band
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 WiFi 6 Router Market Size Forecast by Applications
11.10.1 Residential
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 WiFi 6 Router Analysis and Forecast
12.1 Introduction
12.2 Latin America WiFi 6 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 WiFi 6 Router Market Size Forecast by Type
12.6.1 Dual-Band
12.6.2 Tri-band
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 WiFi 6 Router Market Size Forecast by Applications
12.10.1 Residential
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) WiFi 6 Router Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) WiFi 6 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) WiFi 6 Router Market Size Forecast by Type
13.6.1 Dual-Band
13.6.2 Tri-band
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) WiFi 6 Router Market Size Forecast by Applications
13.10.1 Residential
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 WiFi 6 Router Market: Competitive Dashboard
14.2 Global WiFi 6 Router Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shenzhen Yunlink Technology
14.3.2 Gospell Digital Technology
14.3.3 NETGEAR
14.3.4 Shenzhen Tenda Technology
14.3.5 TP-Link Technologies
14.3.6 ASUS
14.3.7 Belkin International
14.3.8 D-Link
