DUBLIN--(BUSINESS WIRE)--The "Global Residential Routers Market - Segmented by Type of Connectivity (Wired, Wireless), Type of Port (Gigabit, Fast Ethernet), Type of Wi-Fi Band, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The residential routers market is expected to register a CAGR of 7.12%, during the forecast period, 2018-2023.
Over the past few years, a significant increase in demand of connected devices, such as smart phones, smart watches, and tablets was seen. As these devices need to be connected to the internet for most of its functions, the residential routers market is bound to increase. Moreover, in smart homes every device will require an internet connection to work properly. In future, the demand for connectivity in homes will only increase, thus, boosting router market. Increasing digitalization will also provide aid to the market as digitalization concept will not be successful without the internet and to connect all devices to the internet, router is a must.
Asia Pacific is expected to register the highest growth rate during the forecasted period. The region has high population density with increasing disposable income of the people. Emerging economies, such as India and China are expected to drive the market in the region. The purchasing power of the people living in these countries have increased over the past few years.
Companies Mentioned
- Netgear Inc.
- D-Link Corporation
- TP-Link
- Linksys
- TRENDnet
- Synology Inc.
- Netgear Inc.
- AsusTek Computer Inc.
- Google Inc.
- Nokia Networks
Key Topics Covered:
1. Introduction
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Residential Routers Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future Outlook of Residential Routers Market
For more information about this report visit https://www.researchandmarkets.com/research/3q5qgz/global?w=4
