A residential router is a kind of system for networking. It is a simple household router that provides access via a modem to the network between local area network (LAN) hosts and a wide area network (WAN). Wired and wireless are included in the form of networking. The report also provides an evaluation of the effect on the industry of COVID-19. Growth in IP traffic and the transition to the data storage cloud are a few factors driving the growth of the sector. In comparison, its growth rate is being hampered by protection and privacy issues. In addition, the demand for residential routers is bound to increase with the rising smart home market. With substantial growth rates over the last few years, the Global Residential routers Market is rising at a faster pace and the market is expected to expand significantly in the forecast period.
MARKET DYNAMICS
Demand for connected devices such as smartphones, smartwatches and tablets, has increased significantly, which is is expected to drive the growth of the residential routers market. However, the issues related to growing danger of breach of security may restrain the growth of the residential routers market. Furthermore, the increasing digitalization in developing countries is further going to create market opportunities for the residential routers market during the forecast period.
MARKET SCOPE
The "Residential Routers Market Analysis to 2028" is a specialized and in-depth study of the residential routers market with a special focus on the global market trend analysis. The report aims to provide an overview of residential routers market with detailed market segmentation by connectivity and standard, and geography. The residential routers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading residential routers market players and offers key trends and opportunities in the residential routers market.
MARKET SEGMENTATION
The residential routers market is segmented on the basis of connectivity and standard. On the basis of connectivity, the market is segmented into wired and wireless. On the basis of standard, the market is segmented into 802.11b/g/n, 802.11ac, 802.11ax.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the residential routers market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The residential routers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting residential routers market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the residential routers market in these regions.
MARKET PLAYERS
The reports cover key developments in the residential routers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from residential routers market are anticipated to lucrative growth opportunities in the future with the rising demand for residential routers market. Below mentioned is the list of few companies engaged in the residential routers market.
The report also includes the profiles of key residential routers market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ASUSTeK Computer Inc
- D-Link Corporation
- Google LLC
- LINKSYS
- Netgear
- Nokia Networks
- Synology Inc.
- TP-Link Corporation Limited
- TRENDnet, Inc
- Xiaomi Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.