A wireless router is a device that is connected to a modem and provides access to the internet, or connects computers, laptops, and tablets to a network. It allows users to share an internet connection, files, or printers in a local area network (LAN). It connects a LAN to a wide area network (WAN) such as the internet. A wireless router largely eliminates the need for wires and allows multiple users to connect to a LAN and WAN. Wireless routers have the same functions and works like the traditional wired router in a home or business local area network (LAN); however, it offers greater mobility to access the internet through laptops, computers, or tablets. The incorporation of IoT and the expansion of remote access and control capabilities, coupled with the linking together of different end-users within a single network is expected to result in increased wireless router deployment.
The major growth drivers identified for the wireless router market are the volatile growth of the internet industry coupled with the demand for mobility, and adoption of smart devices such as smartphones, tablets, and smart TV, all of which is driving the growth of the global wireless router market. Moreover, demand for faster internet, increase in the range of wireless networks, and the number of connected devices is fuelling the growth of this market. Challenges such as lack of skilled labor required for providing and maintaining the quality of service, and the ease of access leads to a potential threat of hacking, requiring an effective cyber-security system in place.
The global market for wireless routers is segmented based on product type into single band wireless routers, dual band wireless routers, and tri band wireless routers. Based on application, the market can be segmented into 802.11a, 802.11b, 802.11g, 802.11n, and 802.11ac. Furthermore, the market is segmented based on end-use into indoor and outdoor. The indoor segment covers households, enterprises, shopping malls, hospitality, and airports among others. Since indoor wireless routers have more applications, the segment is anticipated to expand radically over the forecast period. Wireless networks are providing freedom of convenience and lifestyle to exchange data, music, or video with any other computer, laptop or tablets over the internet across the world.
Increasing trend of high speed internet access, economic affordability and availability of smart phones, bolstering demand for internet access, reduced technology cost per MB data, and lack of fixed line access in certain developing markets are some of the factors cumulatively driving mobile broadband connectivity globally. This remarkable growth in demand for high speed internet on the go is anticipated to contribute to the growth of wireless routers on a large scale.
Based on region, the global wireless router market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The global wireless router market is anticipated to be dominated by the North America region; however, the market in the Asia Pacific region is expected to grow at a rapid pace and higher rate owing to significant growth due to the expansion of IT infrastructure in India. Significant investments are likely to obtain from government for network expansion in India, due to the increase in internet surfing on laptops, smartphones and tablets.
The wireless router market is highly fragmented with the presence of various players. Some of the leading manufacturers in the market are TP-Link, D-Link Corporation, Cisco Systems, Inc., Xiaomi Corporation, Allied Telesis Holdings K.K., Huawei Technologies Co., Ltd., Hewlett-Packard, ADTRAN, Inc., Enterasys Networks, Inc., Verizon, AsusTek Computer Inc., Edimax Technology Co., Ltd., and Netgear Inc. among others. There is a constant need to have a direct access to the internet from anywhere, and therefore manufacturers are focusing on latest evolution of innovative wireless and modem routers, and offering a range of options to meet every type of networking need.
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