A Wifi/wireless router is a device that performs the functions of a router and also includes the functions of a wireless access point. It is used to provide access to the Internet or a private computer network. It can function in a wired LAN (local area network), in a wireless-only LAN (WLAN), or in a mixed wired/wireless network, depending on the manufacturer and model. Consumer wireless routers vary in the WiFi range they support.
According to the new market research report “WiFi Home Router – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global WiFi Home Router market size is projected to reach USD 7.08 billion by 2029, at a CAGR of 9.9% during the forecast period.
- Global WiFi Home Router MarketSize(US$ Million), 2018-2029
Source: QYResearch, “WiFi Home Router – Global Market Insights and Sales Trends 2024”
- Global WiFi Home Router Top8Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “WiFi Home Router – Global Market Insights and Sales Trends 2024”
The global key manufacturers of WiFi Home Router include TP-Link, Netgear, Huawei, D-Link, Asus, etc.
In 2022, the global top four players had a share approximately 60.0% in terms of revenue.
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