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Router Market Size & Trends By Regional(Asia Pacific, Europe, America, Middle East And Africa), Industry Statistics, Growth Potential, Price Trend, Competitive Share, Market Statistics and Forecast 2023 - 2027

ID : MRI_72429 | Date : Apr, 2021 | Pages : 168 | Region : Global

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A Wifi/wireless router is a device that performs the functions of a router and also includes the functions of a wireless access point. It is used to provide access to the Internet or a private computer network. It can function in a wired LAN (local area network), in a wireless-only LAN (WLAN), or in a mixed wired/wireless network, depending on the manufacturer and model. Consumer wireless routers vary in the WiFi range they support.
China's home Wi-Fi router business is expanding fast in the past few years, with about 18.15% Compound Annual Growth Rate between 2012 and 2016. The market will keep expanding with more and more downstream users and the upgrading of products.

Nowadays, 300Mbps and 450Mbps are the hottest models in China's home Wi-Fi router market, while higher speed and smart home Wi-Fi routers are seeing to occupy important positions in forecast period, one of the key influencing factors is the prevalence of online games.

Key players in China home Wi-Fi router production market are TP-LINK, D-Link, Tenda, NETGEAR, ASUS, Huawei and a few others. New entrants like Qihoo 360, Gee (HiWiFi) and Xiaomi are growing fast and taking more and more market share in these years. However, among all thse, with over 30% market share, TP-Link will hold the No.1 market place in forecast period.

The Router Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Router industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Router by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Router market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Router market for 2015-2027.

Key Companies
TP-LINK
D-Link
Tenda
NETGEAR
ASUS
Huawei
Qihoo 360
Gee
Xiaomi

Router Market by Type
150Mbps
300Mbps
450Mbps

At the same time, we classify Router according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Router market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Router market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Router market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Router market for the forecast period 2021 - 2027?
• What are the driving forces in the Router market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Router industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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