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Global Wireless Router Market to reach USD XX Billion by 2028.

Global Wireless Router Market Size study, By Wifi Band (Single Band, Dual Band, Tri Band), By End-Users (BFSI, Education, Healthcare, Media and Entertainment, Other End Users), and Regional Forecasts 2022-2028

Product Code: ICTICTI-73964893
Publish Date: 28-04-2022
Page: 200

Global Wireless Router Market is valued approximately USD XX Billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.
A wireless router is a device used by the internet service providers to connect their internet connectivity with the router and also performs the functions of a wireless access point. It is used to offer access to private computers or internet networks. The wireless router links a local connection to another local connection with the internet. The advent of IoT, increasing consumer demand for internet-enabled devices, rising need for bandwidth enterprises owing to digitization are the primary factors that are surging the market demand across the globe. For instance, according to Statista, in 2019, the total number of Internet of Things (IoT) connected devices was recorded at 7.6 billion, which are enabled with short-range technologies like Bluetooth and WiFi. Also, the amount is projected to increase at reached to 24.1 billion by 2030 around the world. Consequentially, the rising demand for IoT-connected devices is bolstering the demand for wireless routers, thus, in turn, fueling the market growth in the impending years. However, rising network security and complexities related to network management and growing usage of mobile broadband impede the growth of the market over the forecast period of 2022-2028. Also, the increasing internet traffic and growth of the emerging market is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Wireless Router market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the high adoption of novel technologies and the growing trend of penetrating smart homes facilities in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the surging demand for IoT-enabled devices, as well as growth of the emerging countries such as India and China, would create lucrative growth prospects for the Wireless Router market across the Asia-Pacific region.

Major market players included in this report are:
D-Link Corporation
Belkin International Inc.
TP-Link Technologies Co. Limited
Netgear Inc.
Huawei Technologies Co. Limited
ASUSTeK Computer Inc.
Xiaomi Inc.
Edimax Technology Co. Limited
Cisco Systems Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Wifi Band
Single Band
Dual Band
Tri Band
By End-Users
Media and Entertainment
Other End Users
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Wireless Router Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Wireless Router Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Wireless Router Market, by Wi-Fi Band, 2020-2028 (USD Billion)
1.2.3. Global Wireless Router Market, by End Users, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Wireless Router Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Wireless Router Market Dynamics
3.1. Wireless Router Market Impact Analysis (2020-2028)
3.1.1. Market Drivers The advent of IoT and rising consumer demand for internet-enabled devices Growing need for bandwidth enterprises owing to digitization
3.1.2. Market Challenges Rising network security and complexities related to network management and Increasing usage of mobile broadband
3.1.3. Market Opportunities Increasing internet traffic Growth of the emerging market
Chapter 4. Global Wireless Router Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Wireless Router Market, by Wifi Band
6.1. Market Snapshot
6.2. Global Wireless Router Market by Wifi Band, Performance – Potential Analysis
6.3. Global Wireless Router Market Estimates & Forecasts by Wifi Band 2018-2028 (USD Billion)
6.4. Wireless Router Market, Sub Segment Analysis
6.4.1. Single Band
6.4.2. Dual Band
6.4.3. Tri Band
Chapter 7. Global Wireless Router Market, by End Users
7.1. Market Snapshot
7.2. Global Wireless Router Market by End Users, Performance – Potential Analysis
7.3. Global Wireless Router Market Estimates & Forecasts by End Users 2018-2028 (USD Billion)
7.4. Wireless Router Market, Sub Segment Analysis
7.4.1. BFSI
7.4.2. Education
7.4.3. Healthcare
7.4.4. Media and Entertainment
7.4.5. Other End Users
Chapter 8. Global Wireless Router Market, Regional Analysis
8.1. Wireless Router Market, Regional Market Snapshot
8.2. North America Wireless Router Market
8.2.1. U.S. Wireless Router Market Wifi Band estimates & forecasts, 2018-2028 End Users estimates & forecasts, 2018-2028
8.2.2. Canada Wireless Router Market
8.3. Europe Wireless Router Market Snapshot
8.3.1. U.K. Wireless Router Market
8.3.2. Germany Wireless Router Market
8.3.3. France Wireless Router Market
8.3.4. Spain Wireless Router Market
8.3.5. Italy Wireless Router Market
8.3.6. Rest of Europe Wireless Router Market
8.4. Asia-Pacific Wireless Router Market Snapshot
8.4.1. China Wireless Router Market
8.4.2. India Wireless Router Market
8.4.3. Japan Wireless Router Market
8.4.4. Australia Wireless Router Market
8.4.5. South Korea Wireless Router Market
8.4.6. Rest of Asia Pacific Wireless Router Market
8.5. Latin America Wireless Router Market Snapshot
8.5.1. Brazil Wireless Router Market
8.5.2. Mexico Wireless Router Market
8.6. Rest of The World Wireless Router Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. D-Link Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Belkin International Inc.
9.2.3. TP-Link Technologies Co. Limited
9.2.4. Netgear Inc.
9.2.5. Huawei Technologies Co. Limited
9.2.6. ASUSTeK Computer Inc.
9.2.7. Xiaomi Inc.
9.2.8. Mercury-PC
9.2.9. Edimax Technology Co. Limited
9.2.10. Cisco Systems Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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