Market research and analysis:The market for WiFi Home Router is expected to grow steadily over the next few years
Published Date: Thursday,25 May,2023
Global Info Research recently published a research report titled, "Global WiFi Home Router Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029". The analysis authoring the report have estimated the size of the global WiFi Home Router market in terms of value and volume with the use of latest research tools and techniques. The report also includes estimations of market shares, revenue, production, consumption, gross margin, CAGR, and other key factors. Readers can expand their knowledge of business strategies, recent developments, and current as well as future progress of leading players of the global WiFi Home Router market.
According to our (Global Info Research) latest study, the global WiFi Home Router market size was valued at USD 3699.8 million in 2022 and is forecast to a readjusted size of USD 6959.2 million by 2029 with a CAGR of 9.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of home WiFi routers (WiFi Home Router) include TP-Link, D-Link, Tenda, Netgear, Asus, Huawei, Linksys, Xiaomi, and others. The top three manufacturers together account for 45% of the market share, with the largest producer being TP-Link at 20%. The global origins are mainly located in North America, China, India, Taiwan (China), Southeast Asia, South America, etc. In terms of product categories, 300 Mbps and below hold the largest market share, accounting for more than 50%, followed by 300-1000 Mbps. in terms of application areas, they are divided into entertainment using and home office using, with the former holding more than 80% of the share.
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.
This report is a detailed and comprehensive analysis for global WiFi Home Router market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Read More Information: https://www.globalinforesearch.com/reports/994027/wifi-home-router
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