Wireless Router Market- Roadmap for Recovery from COVID-19 | Increased Adoption of WLAN to Boost Market Growth | Technavio

Technavio has been monitoring the wireless router market and it is poised to grow by USD 4.58 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

• What are the major trends in the market?

• Increasing adoption of smart connected home systems is one of the major trends in the market.

• At what rate is the market projected to grow?

• Growing at a CAGR of over 8%, the incremental growth of the market is anticipated to be USD 4.58 billion.

• Who are the top players in the market?

• ASUSTeK Computer Inc., Belkin International Inc., Broadcom Inc., Cisco Systems Inc., D-Link Corp., Edimax Technology Co. Ltd., Huawei Investment & Holding Co. Ltd., NETGEAR Inc., TP-Link Technologies Co. Ltd., and Xiaomi Corp. are some of the major market participants.

• What are the key market drivers and challenges?

• Increased adoption of WLAN is one of the major factors driving the market. However, the inferior communication network infrastructure in developing regions will restrain market growth.

• How big is the North America market?

• The North America region will contribute 34% of market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ASUSTeK Computer Inc., Belkin International Inc., Broadcom Inc., Cisco Systems Inc., D-Link Corp., Edimax Technology Co. Ltd., Huawei Investment & Holding Co. Ltd., NETGEAR Inc., TP-Link Technologies Co. Ltd., and Xiaomi Corp. are some of the major market participants. The increased adoption of WLAN will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Wireless Router Market 2020-2024: Segmentation

Wireless Router Market is segmented as below:

• End-user
  • Residential
  • Non-residential
• Geography
  • North America
  • Europe
  • APAC
  • South America
  • MEA

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Wireless Router Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The wireless router market report covers the following areas:

• Wireless Router Market Size
• Wireless Router Market Trends
• Wireless Router Market Analysis

This study identifies increasing adoption of smart connected home systems as one of the prime reasons driving the wireless router market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Wireless Router Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist wireless router market growth during the next five years
• Estimation of the wireless router market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the wireless router market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of wireless router market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

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

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Residential - Market size and forecast 2019-2024
• Non-residential - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ASUSTeK Computer Inc.
• Belkin International Inc.
• Broadcom Inc.
• Cisco Systems Inc.
• D-Link Corp.
• Edimax Technology Co. Ltd.
• Huawei Investment & Holding Co. Ltd.
• NETGEAR Inc.
• TP-Link Technologies Co. Ltd.
• Xiaomi Corp.

Appendix

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

   

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