Home Wi-Fi Router Market to record USD 1.76 Bn growth | Driven by increase in demand for distance

The market is driven by the increase in the demand for distance learning. Distance learning is especially becoming popular among students globally, among students who find it difficult to attend physical classes due to various constraints. The rising preference for distance learning is driving universities to create, deliver, and manage courses online. Besides, there has been a significant rise in the number of universities that offer a wide variety of online courses. All these factors have necessitated the need for the internet, which, in turn, is increasing the adoption of Wi-Fi routers. Thus, the increasing demand for distance learning is expected to drive the growth of the global Wi-Fi router market during the forecast period.

As per Technavio, strategic partnerships among telecom providers and home Wi-Fi router manufacturers will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2021-2025.

Home Wi-Fi Router Market: Strategic partnerships among telecom providers and home Wi-Fi router manufacturers

As a part of their growth strategy, telecom operators are focusing on forming strategic alliances with Wi-Fi router manufacturers to stay competitive. This strategy is becoming more popular among telecom players operating in developing countries such as China and India. Telecom operators in these countries are signing partnerships with market vendors to offer packaged solutions that include Wi-Fi routers. This is benefiting both telecom service providers and Wi-Fi router manufacturers in terms of sales and revenue generation. Over the forecast period, many vendors in the market are expected to follow the trend, thereby increasing the sales of Wi-Fi routers.

“The increasing adoption of smart connected home systems and high internet penetration with increasing online content will further boost the growth of the market”, says an analyst at Technavio.

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Home Wi-Fi Router Market: Segmentation Analysis

This market research report segments the home Wi-Fi router market by type (fixed Wi-Fi router and mobile Wi-Fi router) and geography (North AmericaAPAC, Europe, South Americaand MEA).

During the forecast period, APAC is expected to record the highest incremental growth. The region currently holds 36% of the global market share and will continue to dominate the market growth throughout the forecast period. India and China are the key markets for home Wi-Fi routers in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

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Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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Home Wi-Fi Router Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.01%

Market growth 2021-2025

USD 1.76 billion

Market structure

Fragmented

YoY growth (%)

6.88

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 36%

Key consumer countries

US, India, China, Russian Federation, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ASUSTeK Computer Inc., Cisco Systems Inc., D-Link Corp., Huawei Investment and Holding Co. Ltd., Intel Corp., Legrand AV Inc., NETGEAR Inc., Samsung Electronics Co. Ltd., Verizon Communications Inc., and ZTE Corp.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Size

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Fixed Wi-Fi router – Market size and forecast 2020-2025
  • Mobile Wi-Fi router – Market size and forecast 2020-2025
  • Market opportunity by Type

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ASUSTeK Computer Inc.
  • Cisco Systems Inc.
  • D-Link Corp.
  • Huawei Investment and Holding Co. Ltd.
  • Intel Corp.
  • Legrand AV Inc.
  • NETGEAR Inc.
  • Samsung Electronics Co. Ltd.
  • Verizon Communications Inc.
  • ZTE Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify existing opportunities in and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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