The Fast Growth Of The Wireless Network Industry Will Create A Demand For Products From The Global Wireless Router Industry
A router is a device that sends packets of information between different computer networks. For people to access the internet, a router is a basic requirement. When routers were invented, they worked using long and messy wired connections. Thanks to the development in technology, wireless routers have become very common. These are routers that have a wireless access point. Multiple devices can connect to the router wirelessly and access the internet easily.
The Internet has become a basic need for the day and is available in all residences, commercial spaces, retail stores, and government buildings. With the increase in the number of internet connections, the number of wireless routers needed also increases. Many business units woo their customers with free WiFi and all these spaces make use of powerful, high-capacity routers to help access internet anywhere from their premises. With high speed internet becoming common in all developed and developing countries, the growth of this industry is looking more fruitful.
This report is an analysis of how the wireless router market has been in the past, how it is at present and how its future looks. For the study, the report considers the growth of the market between the years 2013 and 2023. Consumption, sales, revenue and the growth rate of these routers in the market is analyzed using various primary and secondary research studies. This report investigates the market in global, regional and individual company level.
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Market Analysis by Players:
NETCORE Group(qihoo 360)
UBNT AMPLIFI HD
There are three common types of wireless routers that the report deals with –single band wireless routers, dual band wireless routers, and tri band wireless routers. The individual growth rate of these types of routers and their potential demand in the market is studied. The study concludes on the type of router that will be a market leader in the forecasted period. Two major application areas or usage areas are discussed too. The demand for these wireless types of routers with family or individual consumers and with business units is analyzed. The segment that will create the largest demand is pointed out too.
Countries like the USA, China, Japan, India, South America, Southeast Asia, and South Africa are a part of the research study. Developed countries like the USA will remain a significant name in the market in terms of production and consumption of wireless router. The fast growth in technology and the easy adaptation to new technology changes are the reasons for the high demand and supply in this region. Developing countries like China and India will also emerge as fast growers and will have a significant CAGR during the forecasted period.
Netgear is a leading name in the networking industry and in September 2019, the brand launched its brand new wireless router that comes with admirable parental controls. This router further comes with a feature called the Netgear Armor that is created in partnership with Bitdefender.