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Residential Router Market Growth, Trends, Industry Analysis and Forecast - 2031

The global residential router market is expected to grow at a significant CAGR during the forecast period. Internet Service Providers use wireless routers to link their internet connections to the router. They are physical devices that connect to the Internet through cable or xDSL. A wireless access point and a router are connected by a Wi-Fi router. A router's function is to link one local connection to another or to connect a local connection to the Internet. A wireless connection uses radio frequencies of 900 MHz, 2.4 GHz, 3.6 GHz, 5 GHz, and 60 GHz to connect wirelessly to networks. The IEEE 802.11 ac Wave 2 standard is used in the newest routers. Wireless LAN is another term for a wireless router.

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Some of the factors pushing mobile broadband connectivity internationally are economic affordability and availability of smartphones, increasing demand for internet access, lower technological cost per MB data, and a lack of fixed-line access in certain growing economies. The market's growth is being fuelled by the increasing use of connected devices and smart household items. 

In May 2018, D-Link and McAfee announced that the D-Link AC2600 Wi-Fi Router with McAfee (DIR-2680) improves security for devices in the home network.  In June 2018- Huawei released a wireless router to boost LTE speeds. Huawei Technologies has developed to deliver high-speed LTE-Advanced at 3.5GHz up to 220Mbps.

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Market Coverage

  • Segment Covered- 

o             By Product

o             By End-User

  • Competitive Landscape- Nokia Corp., Net gear Inc., Google Inc., D-Link Corp., and Linksys Group, among others.  

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominates the market in base year?
  • Which segment and region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Residential Router Market by Segments

  • By Product
  • Wired
  • Wireless
  • By End-user
  • Home Office Using
  • Entertainment Using

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

 

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/residential-router-market


Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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