How big is the Residential Routers Market?

The Residential Routers Market size is expected to reach USD 12.39 billion in 2024 and grow at a CAGR of 9.06% to reach USD 19.12 billion by 2029. Read More

What is the current Residential Routers Market size?

In 2024, the Residential Routers Market size is expected to reach USD 12.39 billion. Read More

Who are the key players in Residential Routers Market?

Netgear Inc., D-Link Corporation, TP-Link Technologies Co. Ltd, Linksys Group (Foxconn) and TRENDnet Inc. are the major companies operating in the Residential Routers Market. Read More

Which is the fastest growing region in Residential Routers Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Residential Routers Market?

In 2024, the North America accounts for the largest market share in Residential Routers Market. Read More

What years does this Residential Routers Market cover, and what was the market size in 2023?

In 2023, the Residential Routers Market size was estimated at USD 11.36 billion. The report covers the Residential Routers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Residential Routers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Residential Routers Market Share

Statistics for the 2023 & 2024 Residential Routers market share, created by Mordor Intelligence™ Industry Reports. Residential Routers share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Residential Routers Industry

The residential router market is experiencing significant changes as new bandwidth usage and service delivery scenarios are reshaping network infrastructures. Equipment manufacturers are responding by developing carrier-class routers that support a broader range of services and applications and offer capacity scalability and higher data rates. With many players involved in this sector, the market is highly fragmented and has the potential to grow further as manufacturers invest in innovative hardware and software features in their products. Some significant players offering their services in this sector include D-Link Corporation, Netgear Inc., Linksys Group (Foxconn), Synology Inc., and more.

In May 2022, HFCL Limited collaborated with Wipro to introduce 5G transport solutions that enable enterprises to realize their 5G-enabled vision and increase the speed with which they can bring high-quality 5G solutions to the market. In October 2022, MediaTek partnered with Invendis to launch Made in India 5G Routers and Wi-fi solutions, providing consumers and enterprise customers with secure, strong, and seamless wireless networking solutions. And in February 2023, Telecom26 and Trasna Solutions partnered to develop eSIM management solutions for cellular routers, offering router manufacturers an efficient and user-friendly way to manage eSIMs on their existing SIM-based devices.