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Wireless Router Market, Global Forecast Impact of Coronavirus Industry Size, Growth Trends, Application, Region, Company Initiatives, Sales Analysis

  • ID: 5354561
  • Report
  • June 2021
  • Region: Global
  • Renub Research

FEATURED COMPANIES

  • Cisco Systems Inc.
  • Huawei
  • MI
  • Netgear
  • Xiaomi
  • MORE
COVID-19 has acted as a significant market driver for the wireless router market for the past two years by increasing the demand for wireless routers tremendously. Wi-Fi router is a perfect example of high-speed data, which has enabled computers to communicate with each other without traditional cables. The expanding demand for faster internet connectivity among consumers has an increasing number for ecommerce transactions, web browsing, Mobile learning, and online-related activities. As a result, the wireless router has become a necessity for human life, which is widely used in laptops, computers, and tablets. Wi-Fi routers are majorly attributed to the increasing need among people to remain connected to reliable Internet and improve Wi-Fi connections across many countries. According to the publisher, the Global Wireless Router Market is estimated to reach US$ 18.02 Billion by 2027.



There has been a rapid rise in active internet users worldwide (4.66 Billion) - as 59.5 percent of the global population. There are 4.32 billion unique mobile users worldwide, i.e. two-thirds of all the people on Earth now have a mobile phone. Social media adoption continues to accelerate; the technology landscape keeps changing, providing more ways for people to access the Internet.

By Product segment, the wireless router market is bifurcated into Single, Dual, Tri, and Others component. Dual-band is expected to witness lucrative growth owing to better speed and more extended range when it is compared to Single Band router. Dual-band routers support many modern hardware devices by providing more stability and coverage. Government across the globe has been significantly investing in developing network infrastructures that include the smart city. The supportive finance policies created by governments are likely to enhance markets for telecommunication equipment, information technology solutions and further paving the growth opportunity for wireless routers markets. Worldwide Wireless Router Industry will grow with a CAGR of 8.12% during 2021-2027.

Globally, the Asia Pacific region has witnessed several efforts and capital to enhance its wireless router services. The Chinese Government's use of the “broadband China” national policy had incited the network equipment manufacturing industry, including wireless routers. The policies introduced by the Singapore government are expected to raise their broadband initiatives just as the ultra-high-speed broadband network Next-Generation High-Speed Broadband Network (NGHBN) telecommunication equipment markets. Which provide the development and deployment of innovative interactive digital services to several use-case scenarios, including home use. Thus, the expansion in the Government's initiative towards facilitating the adoption of wireless communications is to provide various profitable opportunities for the wireless router market. Globally the WiFi Router Market was valued at US$ 10.43 Billion in 2020.

Impact of COVID-19 on Wireless Router Industry

Globally unprecedented growth has been noticed in demand for home Wi-Fi routers due to the ongoing Coronavirus pandemic. Most white-collar work has moved from office to home under work from home (WFH), becoming the new trend during the COVID-19 pandemic. In addition, most schools and colleges have moved into an online mode. These factors further stimulate the extension of the Wireless Router Market.

Company Initiative in Global WiFi Industry

The key features and support provided by all the major players like Cisco Systems, Inc., Netgear, MI, Huawei, and Xiaomi have focused on launching their cloud-based solutions for establishing a solid presence. For example, in 2020 - Netgear Inc. introduced 4G LTE ORBI Tri-band webs Wi-Fi router. ORBI 4G LTE combined with the existing wired service to create an internet connection backed up by 4G LTE in a wireline service disruption.

This latest Report "Global wireless router market by Product (Single, Dual, Tri, Other) by End Users (BFSI, Government, IT & Telecom, Retails, Healthcare, Others) by Region (North America, Europe, Asia, South America, Middle East) by Company Analysis (Cisco Systems, Inc., Netgear, MI, Huawei, and Xiaomi)" studies the Worldwide Wireless Router Industry. The report also comprises qualitative factors such as drivers, restraints, and opportunities.

Product - Global Wireless Router Market has been covered from 4 viewpoints

1. Single
2. Dual
3. Tri
4. Other

End Users - Global Wireless Router Market has been covered from 6 viewpoints

1. Banking, Financial Services and Insurance (BFSI)
2. Government
3. IT & Telecom
4. Retails
5. Healthcare
6. Others

Region - Global Wireless Router Market has been covered from 5 viewpoints

1. North America
2. Europe
3. Asia
4. South America
5. Middle East

Company Insights: Global Wireless Router Market has been covered from 3 viewpoints
  • Overview
  • Company Initiatives
  • Sales Analysis
Company Analysis: Global Wireless Router Market has been covered from 5 viewpoints

1. Cisco Systems Inc.
2. Netgear
3. MI
4. Huawei
5. Xiaomi
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Cisco Systems Inc.
  • Huawei
  • MI
  • Netgear
  • Xiaomi
  • MORE
1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Global Wireless Router Market

6. Market Share - Global Wireless Router Market
6.1 By Product
6.2 By End Users
6.3 By Regions

7. Product - Global Wireless Router Market
7.1 Single
7.2 Dual
7.3 Tri
7.4 Others

8. End Users - Global Wireless Router Market
8.1 Banking, Financial Services and Insurance (BFSI)
8.2 Government
8.3 IT & Telecom
8.4 Retails
8.5 Healthcare
8.6 Others

9. Region - Global Wireless Router Market
9.1 North America
9.2 Europe
9.3 Asia
9.4 South America
9.5 Middle East

10. Company Analysis - Global Wireless Router Market
10.1 Cisco Systems, Inc.
10.1.1 Overview
10.1.2 Company Initiatives
10.1.3 Sales Analysis
10.2 Netgear
10.2.1 Overview
10.2.2 Company Initiatives
10.2.3 Sales Analysis
10.3 MI
10.3.1 Overview
10.3.2 Company Initiatives
10.3.3 Sales Analysis
10.4 Huawei
10.4.1 Overview
10.4.2 Company Initiatives
10.4.3 Sales Analysis
10.5 Xiaomi
10.5.1 Overview
10.5.2 Company Initiatives
10.5.3 Sales Analysis

List of Figures:
Figure-01: Global Wireless Router Market (Billion US$), 2017 - 2020
Figure-02: Forecast for - Global Wireless Router Market (Billion US$), 2021 - 2027
Figure-03: Product - Single Router Market (Million US$), 2017 - 2020
Figure-04: Product - Forecast for Single Router Market (Million US$), 2021 - 2027
Figure-05: Product - Dual Router Market (Million US$), 2017 - 2020
Figure-06: Product - Forecast for Dual Router Market (Million US$), 2021 - 2027
Figure-07: Product - Tri Router Market (Million US$), 2017 - 2020
Figure-08: Product - Forecast for Tri Router Market (Million US$), 2021 - 2027
Figure-09: Product - Other Router Market (Million US$), 2017 - 2020
Figure-10: Product - Forecast for Other Router Market (Million US$), 2021 - 2027
Figure-11: End Users - BFSI Market (Million US$), 2017 - 2020
Figure-12: End Users - Forecast for BFSI Market (Million US$), 2021 - 2027
Figure-13: End Users - Government Market (Million US$), 2017 - 2020
Figure-14: End Users - Forecast for Government Market (Million US$), 2021 - 2027
Figure-15: End Users - IT & Telecom Market (Million US$), 2017 - 2020
Figure-16: End Users - Forecast for IT & Telecom Market (Million US$), 2021 - 2027
Figure-17: End Users - Retails Market (Million US$), 2017 - 2020
Figure-18: End Users - Forecast for Retails Market (Million US$), 2021 - 2027
Figure-19: End Users - Healthcare Market (Million US$), 2017 - 2020
Figure-20: End Users - Forecast for Healthcare Market (Million US$), 2021 - 2027
Figure-21: End Users - Others Market (Million US$), 2017 - 2020
Figure-22: End Users - Forecast for Others Market (Million US$), 2021 - 2027
Figure-23: North America - Wireless Router Market (Million US$), 2017 - 2020
Figure-24: North America - Forecast for Wireless Router Market (Million US$), 2021 - 2027
Figure-25: Europe - Wireless Router Market (Million US$), 2017 - 2020
Figure-26: Europe - Forecast for Wireless Router Market (Million US$), 2021 - 2027
Figure-27: Asia - Wireless Router Market (Million US$), 2017 - 2020
Figure-28: Asia - Forecast for Wireless Router Market (Million US$), 2021 - 2027
Figure-29: South America - Wireless Router Market (Million US$), 2017 - 2020
Figure-30: South America - Forecast for Wireless Router Market (Million US$), 2021 - 2027
Figure-31: Middle East - Wireless Router Market (Million US$), 2017 - 2020
Figure-32: Middle East - Forecast for Wireless Router Market (Million US$), 2021 - 2027
Figure-33: Cisco Systems, Inc. - Global Revenue (Million US$), 2017 - 2020
Figure-34: Cisco Systems, Inc. - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-35: Netgear - Global Revenue (Million US$), 2017 - 2020
Figure-36: Netgear - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-37: MI - Global Revenue (Million US$), 2017 - 2020
Figure-38: MI - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-39: Huawei - Global Revenue (Million US$), 2017 - 2020
Figure-40: Huawei - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-41: Xiaomi - Global Revenue (Million US$), 2017 - 2020
Figure-42: Xiaomi - Forecast for Global Revenue (Million US$), 2021 - 2027

List of Tables:
Table-01: Global - Wireless Router Market Share by Product (Percent), 2017 - 2020
Table-02: Global - Forecast for Wireless Router Market Share by Product(Percent), 2021 - 2027
Table-03: Global - Wireless Router Market Share by End Users (Percent), 2017 - 2020
Table-04: Global - Forecast for Wireless Router Market Share by End Users (Percent), 2021 - 2027
Table-05: Global - Wireless Router Market Share by Regions (Percent), 2017 - 2020
Table-06: Global - Forecast for Wireless Router Market Share by Regions (Percent), 2021 - 2027
Note: Product cover images may vary from those shown
  • Cisco Systems Inc.
  • Netgear
  • MI
  • Huawei
  • Xiaomi
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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