Global Wireless Router Market 2019 by Company, Regions, Type and Application, Forecast to 2024

A wireless router is a device that provides access to the Internet or computers, laptops, and tablets to a network. It allows users to share an Internet connection, files, or printers in a local area network (LAN). In addition, a wireless router connects a LAN to a wide area network (WAN) such as the Internet. A wireless router largely eliminates the need for awkward, unsightly wires, and allows multiple users to connect to a LAN and WAN.

Scope of the Report:
At present, in developed countries, the Wireless Router industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in China. The high end products are concentrated in US manufacturer. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese Wireless Router production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases. China’s Wireless Router industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption country of Wireless Router, but the production technology is relatively laggard to produce some low-end product. Although the new production lines are increasing, and the high-end product is still relying on import.
IoT and smart home will drive the development of wireless router in the next few years. The development of smart wireless router would threat the traditional wireless router in the next few years. Despite the presence of competition problems, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Wireless Router market is valued at 2180 million USD in 2018 and is expected to reach 3420 million USD by the end of 2024, growing at a CAGR of 7.8% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Wireless Router.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Wireless Router market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Wireless Router market by product type and applications/end industries.

Market Segment by Companies, this report covers
TP-LINK
D-Link
Cisco
Tenda
Belkin (Linksys)
NETCORE Group (Qihoo 360)
MERCURY
Netgear
FAST
Buffalo
Amped
Edimax
Asus
Huawei
Xiaomi
HiWiFi

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Single Band Wireless Routers
Dual Band Wireless Routers
Tri Band Wireless Routers

Market Segment by Applications, can be divided into
Family or Individual Consumer
Business
Other Application