What Has Been the Growth of the Home Use Wi Fi Router Market So Far?
The home use wi fi router market has seen considerable growth due to a variety of factors.
• The market for Wi-Fi routers for home use has seen substantial growth over the past years. It's predicted to expand from $4.37 billion in 2024 to $4.73 billion in 2025, experiencing a compound annual growth rate (CAGR) of 8.3%.
This uptrend during the historical period is a result of the surge in smart home devices, heightened data usage, burgeoning e-commerce sector, rising connectivity requirements, and swift urbanisation.
What Are the Future Growth Projections for the Home Use Wi Fi Router Market?
The home use wi fi router market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of Wi-Fi routers for home use is projected to experience robust growth in the coming years, aiming to reach $6.42 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.9%.
Factors contributing to this growth in the forecast period include the surge in internet usage, deployment of 5G, development of smart homes, increased data consumption, and the use of cloud services. Key trends forecasted include the adoption of Wi-Fi 6, integration of 5G, incorporation of smart homes, AI-enabled networking, and management through the cloud.
What Are The Core Factors Supporting Growth In The Home Use Wi Fi Router Market?
The expansion of internet access is set to drive the growth of the residential Wi-Fi router market in the future. Internet penetration, meaning the proportion of people with access to the internet in a particular geographic location, is determined by factors such as communication, e-commerce, entertainment, remote work and learning, social media and networking, and digital transformation. Wi-Fi routers for home use play a critical role in boosting internet penetration by offering households easy, affordable and reliable connectivity options, encouraging an increase in internet usage among individuals and households. For example, data from the International Telecommunication Union, a Switzerland-based United Nations organization specializing in information and communication technologies, revealed that in September 2023, 67%, or 5.4 billion of the global population were internet users, an increase from 66% (or 5.3 billion people) in 2022. Hence, this rise in internet penetration is fuelling the growth of the residential Wi-Fi router market.
What Are The Major Segments Within The Global Home Use Wi Fi Router Market?
The home use Wi-Fi router market covered in this report is segmented –
1) By Type: Speed And Capacity, Wi-Fi Standards
2) By Technology: Dual-Band And Tri-Band Routers, Mesh Wi-Fi Systems
3) By Application: Gaming Routers, Streaming Routers, General-Use Routers
Subsegments:
1) By Speed And Capacity: Low-Speed Wi-Fi Routers (Up To 100 Mbps), Medium-Speed Wi-Fi Routers (100 Mbps To 1 Gbps), High-Speed Wi-Fi Routers (Above 1 Gbps), Multi-band Wi-Fi Routers (Dual-band, Tri-band, etc.)
2) By Wi-Fi Standards: Wi-Fi 4 (802.11n), Wi-Fi 5 (802.11ac), Wi-Fi 6 (802.11ax), Wi-Fi 6E (Extended), Wi-Fi 7 (802.11be, upcoming)
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What New Trends Are Influencing The Home Use Wi Fi Router Market?
Leading businesses in the home-use Wi-Fi router industry are prioritizing the development of innovative products like the AQUILA PRO AI series to expand their market presence and adapt to changing consumer preferences. The AQUILA PRO AI is a type of Wi-Fi 6 smart home gateway or Wi-Fi 6 smart mesh router that employs machine learning technology to monitor network traffic patterns, device usage, and surrounding environmental conditions in real-time. This assists in the dynamic fine-tuning of Wi-Fi networks for optimal performance and coverage across the house. For instance, D-Link Systems Inc., a networking hardware and telecom equipment manufacturer from China, introduced the AQUILA PRO AI series in March 2023, specifically designed to enhance smart home network reliability and connectivity. This series encompasses six models – the MS78, MS60, MS30, M60, M30, and E30, each offering unique features to cater to varying customer requirements. The series simplifies smart home system installations by providing user-friendly software that supports registration with Matter-compliant products and facilitates remote management and control of smart home equipment.
Who Are the Key Players In The Home Use Wi Fi Router Market?
Major companies operating in the home use Wi-Fi router market are:
• Google LLC
• Samsung Electronics Co. Ltd.
• Huawei Technologies Co. Ltd.
• ASUSTeK Computer Inc.
• Motorola Solutions Inc.
• NortonLifeLock Inc.
• TP-Link Corporation Limited
• Ubiquiti Networks Inc.
• Netgear Inc.
• D-Link Corporation
• ASRock Inc.
• ZyXEL Communications Corporation
• MikroTik
• Edimax Technology Co. Ltd.
• Billion Electric Co. Ltd.
• Shenzhen Tenda Technology Co. Ltd.
• Linksys Holdings Inc.
• Securifi Inc.
• EnGenius Technologies Inc.
• Keenetic Limited
• Open Mesh Inc.
• Gryphon Online Safety Inc.
• MERCUSYS Technologies Co. Ltd.
• ARRIS International plc
What Is The Most Dominant Region In The Home Use Wi Fi Router Market?
North America was the largest region in the home use Wi-Fi router market in 2024. The regions covered in the home use wi-fi router market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
