Wireless Router Market Size, Share, and COVID-19 Impact Analysis, by Type (Single Band, Dual Band, Triple Band), By Technology (802.11b, 802.11g, 802.11n (WiFi4), 802.11ac (Wifi5), 802.11ax (WiFi6)), By Standard (2.4 GHz (4G), 5 GHz (5G)), By End-user (Residential and Commercial), and Regional Forecast, 2024-2032

With an increasing demand for high-speed and hassle-free wireless network access, the need for wireless router has expanded significantly in recent years. Wireless network routers are hardware devices that have the ability to transmit data from a broadband internet connection to media devices, such as phones, laptops, televisions, and tablets, over radio waves. Furthermore, they can also be used to share network data and access from one device to another, which are connected to the router as they share the same network domain address.

Wireless router enables a Local Area Network (LAN), which enables interconnectivity of attached devices forming a compact scalable network. Majority of the wireless routers are connected to a modem via cable, and can also be used as wired routers as they come with multiple accessible LAN ports. Increase in online activities, such as e-commerce, banking, e-learning, cloud operations, and games, has led to numerous innovations and diversity in the wireless router domain, which includes latest technologies and transformations.

The wireless router market has started gaining significance in recent years due to increased practice of work from home and online media consumption. As new technologies are emerging, the demand for security, speed, portability, and accessibility is further fueling the global wireless router market.

• In October 2022, Mediatek partnered with Invendis to deliver a new line-up of wireless routers utilizing 5G technology and WiFi 4/5/6 standards with advanced Mediatek processors in the India market.

Impact of COVID-19 on the Wireless Router Market

The COVID-19 pandemic bought in new normal, such as work from home, which mandated organizations to aid employees with their network needs. The supply chains, including majority of key players were disrupted due to the pandemic and faced a slight decline in revenues during 2019 – 2020. However, these conditions also further fueled the demand for wireless routers.

There were significant innovations and experimentations in the wireless router market due to the obligation of enterprises to expand the local network and servers. Nearly every industry sector shifted to online operations, which led to increase in the public demand for unlimited plans. It is provided by the local Internet Service Provider (ISP), which jointly propelled the market growth. For instance,

• In October 2022, Straight Talk Home partnered with Walmart to provide affordable wireless routers and data services featuring WiFi6 and dual band at low rates. The network speeds were 100 megabits per second at 5G.

Key Insights

The report will cover the following key insights:

• Micro & macroeconomic indicators


• Drivers, restraints, trends, and opportunities


• Business strategies adopted by the key players


• Impact of COVID-19 on the global wireless router market


• Consolidated SWOT analysis of key players

Analysis by Type

A single band router transmits 2.4 GHz frequency, which has higher signal strength but weaker speed. This was overcome by dual band routers, which have 2.4 GHz and 5 GHz bands. 5 GHz also provided higher speeds than 2.4 GHz standalone bands.

Triple band routers have two 5 GHz bands and a single 2.4 GHz for older support devices. The two 5GHz bands provide segmentations for heavy usage tasks such as streaming, gaming, and file transfer to increase efficiency.

Analysis by Technology

802.11ac is the most common technology available in majority of the devices available today. It has speeds up to 1,300 megabits per second, and adds MU-MIMO and 5 GHz support. 802.11 b/g/n can communicate with the 802.11ac router.

802.11ax is the most recent technology obtained by OEMs that supports 6 GHz bands and speeds up to 10 gigabits per second.

Analysis by Standard

Based on standard, the market is segmented into 2.4 GHz (also known as 4G) and 5 GHz (5G). The 2.4 GHz frequency band can travel longer distances at lower speeds whereas the 5 GHz frequency band delivers faster speeds at short distances.

Regional Analysis

The global wireless router market is divided into five regions, North America, South America, Europe, the Middle East & Africa, and Asia Pacific. As of 2022, Asia Pacific holds the largest share in the market contributing to the presence of many key players and leading suppliers in the region such as ASUSTek Computers, D-Link Corporation, TP-Link Corporation, and Shenzhen Tenda Technology Corporation. North America has also witnessed a significant rise of investments in the wireless router market that assures the continuity of growth at a steady rate.

• In June 2021, TP-Link announced a new DECO line-up, which featured support for 6 GHz and WiFi 6E. It also came with Amazon Alexa (chatbot) built in, and an assigned backhaul channel for local network transmissions for higher speeds.

The distribution of the global wireless router market by region of origin is as follows:

• North America – 28%


• South America – 9%


• Europe – 20%


• Middle East and Africa – 7%


• Asia Pacific – 36%

Key Players Covered

The key players in the market include ASUSTek Computers, D-Link Corporation, TP-Link Corporation, Shenzhen Tenda Technology Corporation, Huawei Technologies, Xiaomi Corporation, Synology Inc., Belkin International Inc., Edimax Technology, and Linksys Holdings Inc.

Segmentation

Key Industry Developments

• October 2022: Verizon launched a new technology, which aids in monitoring human activity around the residence through a wireless router. It has features such as home awareness and device identification for monitoring.


• October 2022: Google LLC launched a new router with Google Home Integration with WiFi6E support with a smart speaker named Nest WiFi Pro.