According to the report published by Allied Market Research, the global router market generated $14.90 billion in 2020 and is estimated to reach $33.96 billion by 2030, witnessing a CAGR of 8.4% from 2021 to 2030. The report offers a detailed analysis of changing market dynamics, key investment pockets, top segments, value chain, regional scenario, and competitive landscape.
Download Report Sample (250 Pages PDF with Insights) at: https://www.alliedmarketresearch.com/request-sample/3226
An increase in demand for fast internet connectivity among consumers, surge in adoption of connected devices among the healthcare, education, and BFSI industries, and penetration of bring-your-own-device policy among the small and medium enterprises drive the growth of the global router market. However, the high implementation cost of wired router solutions and issues such as overheating and overloading hinder the market growth. On the other hand, supportive government initiatives such as smart city projects are expected to present new opportunities in the coming years.
Based on type, the wireless segment accounted for the largest share in 2020, contributing to nearly two-thirds of the total share, and is estimated to maintain its leadership status during the forecast period. Moreover, this segment is expected to register the highest CAGR of 9.1% from 2021 to 2030. The report also analyzes the wired segment.
Based on end-user, the IT & telecom segment held the highest share in 2020, accounting for more than two-fifths of the global router market, and is estimated to maintain its dominant share during the forecast period. However, the healthcare segment is projected to witness the largest CAGR of 13.6% from 2021 to 2030.
Based on region, North America accounted for the highest share in 2020, holding more than one-third of the total share, and is estimated to maintain its lead position by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 10.9% during the forecast period.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/3226
List of companies profiled of the global router market analyzed in the research include ASUSTeK Computer Inc., Cisco Systems Inc., Belkin International Inc., Eero LLC., D-link Corporation, Netgear, Huawei Technologies Co., Ltd., TP link Technologies CO. LTd., Synology Inc., and Xiaomi.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn TwitterFacebookTwitterLinkedInEmailShare