Growing Penetration of Smart Devices to Boost the Demand for Wi-Fi Home Gateway Market
The Wi-Fi home gateway market worldwide is expected to grow with a CAGR of 14.6% during the forecast period from 2019 to 2027. Growing penetration of smart devices worldwide is one of the major growth factor of Wi-Fi home gateway market. Wi-Fi home gateway is a combination of router and modem and have wide application such as for entertainment, at home, at office and others. Growing internet penetration, rising disposable income and technological advancement in consumer electronics devices are some of the other major factors for the growth of Wi- Fi home gateway market. On account of these factors, we are expecting the Wi-Fi home gateway market to show healthy growth during the forecast period.
Market Synopsis
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Home Office Using Segment to Continue Leading the Market
The Wi-Fi home gateway market by application is segmented into home office using and entertainment using segments. In 2018, home office using segment has the largest share accounted for more than 50% of the market revenue worldwide. Growing penetration of smart consumer electronics devices at homes and offices is one of the major growth factor of home office using segment. High adoption of internet at home and offices worldwide is the other growth factor of this segment. Hence, we expect that home office using segment will continue its dominance in Wi-Fi home gateway market throughout the forecast period 2019-2027.
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Asia Pacific to be the Fastest Growing Region
Wi-Fi home gateway market is led by North America region with more than 35% of the market revenue share worldwide. North America is the largest revenue contributor due to early adoption of technical advancements and growing penetration of smart devices. Asia Pacific will be the fastest growing region in the Wi-Fi home gateway market. Growing penetration of internet, adoption of smart consumer electronic devices and rising disposable income in developing economies of Asia Pacific such as China and India are the major growth factors for the growth. Therefore, we are expecting the Asia Pacific region to be the fastest growing throughout the forecast period in the Wi-Fi home gateway market.
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Some of the prominent players operating in the Wi-Fi home gateway market TP-Link Technologies Co., Ltd., D-Link Corporation, Tenda Technology Inc., NETGEAR Inc., AsusTek Computer Inc., Huawei Technologies Co., Ltd., Qihoo 360 Technology Co. Ltd., Xiaomi Corporation, among others.
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 segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The Wi-Fi home gateway market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global Wi-Fi home gateway market based on product type, application and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| Segmentation |
Product Type (2017–2027; US$ Bn)
• Less Than 300 Mbps
• 300- 1000 Mbps
• Above 1000 Mbps
|
|
Application (2017–2027; US$ Bn)
• Home Office Using
• Entertainment Using
|
|
Geography Segment (2017–2027; US$ Bn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of Wi-Fi home gateway in 2018 and forecast up to 2027?
- Which is the largest regional market for satellite dish?
- What are the major trends followed in overall Wi-Fi home gateway across different regions?
- Who are the key Wi-Fi home gateway companies leading the market?
- What are the key strategies adopted by the leading Wi-Fi home gateway companies in market?
Unique data points of this report
- Statistics on Wi-Fi industry worldwide
- Recent trends across different regions in terms of adoption of Wi-Fi home gateway across various applications
- Notable developments going on in Wi-Fi home gateway market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
