Home Wifi Router And Extender Market By Wi-Fi Router (Normal Port, Uplink Port), By Device (Wi-Fi Extender, Wi-Fi Router) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Increasing Requirement for Internet in Homes Across the Globe Has Increased the Demand for Home wifi Router and Extender Market.

Globally, the home wifi extender and router market is expected to grow with a CAGR of 9.30% during the forecast period from 2019 to 2027 and is expected to register a market value of US$ 14.60 Bn by 2027. A wifi router is a device that includes the functionality of both the router and a wireless access point. These devices offer access to the Internet or a private computer network. In addition, these devices allow the user to access the Internet on smart devices without the requirement of any wire for connection. The wifi extender is a device used to repeat the router's wireless signal to increase its coverage.

The wifi extender acts as a bridge, captures the wifi signals from the router, and extends the signals to areas where the wifi signals are weak or do not reach, improving your performance at home. The rising population and increasing demand for wifi in homes across the globe is one of the major factors driving the market. In addition, the rise in digitalization has increased Internet use, leading to increasing demand for the Internet.

Market Synopsis

Home wifi Router and Extender with Uplink Port in its wifi Router Segment Continue Dominating the Market.

In 2018, the overall home wifi router and extender market was led by the uplink Port segment in its wifi router segment, contributing to a high percentage of the market share of the total revenue generated globally in 2018 and is expected to grow with a CAGR of 9.6% during the forecast period and is expected to be the fastest-growing segment throughout the forecast period. The uplink port allows a user to add additional ports to connect different devices to the network and allows individuals to extend the wifi signals, allowing them to expand the signals.

Asia-Pacific Dominates the Market by Region

The global home wifi router and extender market was led by Asia-Pacific, with a market share of more than 40% in 2018. The increasing urbanization and digitalization in the region are primarily reseasoned for market growth. Additionally, the increasing use of smart home devices is another factor driving the market in the region. Similarly, the rising population and increasing demand for home wifi play a crucial role in the market's growth. Based on countries, the market has been segmented as India, China, Japan, and the Rest of Asia-Pacific. China accounts for the largest market share in the region.

Some of the prominent players operating in the home wifi router and extender are

 ASUS TeK Computer Inc., Actiontec Electronics, Inc., Belkin International, Inc., Dell Inc., Cisco Systems Inc., TP-Link Technologies Co., Ltd., Devolo AG, D-Link Corp., Intel Corporation, Huawei Technologies Co. Ltd., Legrand SA, Tenda Technology Inc., Netgear, Inc., and ZyXEL Communications Corp.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The home wifi router and extender market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global home wifi router and extender market based on wifi router, device, and geography.

Frequently Asked Questions

The market for Home Wifi Router And Extender is expected to reach US$ 14.60 Bn by 2027.

The Home Wifi Router And Extender market is expected to see significant CAGR growth over the coming years, at 9.30%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Actiontec Electronics, Inc., ASUS TeK Computer Inc., Belkin International, Inc., Cisco Systems Inc., Dell Inc., Devolo AG, D-Link Corp., Huawei Technologies Co. Ltd., Intel Corporation are some of the major players in the global market.

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Published Date:  Nov 2019
Category:  Networking and Communications
Report ID:   60056
Report Format:   PDF
Pages:   120
Rating:    4.1 (56)
Delivery Time: 24 Hours to 48 Hours   
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