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Mesh Wi-Fi Router Market Overview:
Mesh Wi-Fi Router Market size is estimated to reach $3 billion by 2031, growing at a CAGR of 6.8% during the forecast period 2024-2031. Mesh Wi-Fi routers create a network of interconnected nodes for seamless and extensive coverage in homes or offices. They offer whole-home coverage, easy setup, self-healing capabilities, and seamless roaming. These systems provide security features, parental controls, and compatibility with smart devices. They come in various brands and are scalable to fit different needs and spaces. The growing reliance on the internet for work, education, entertainment, and smart home devices has increased the need for robust and reliable Wi-Fi coverage, driving demand for mesh Wi-Fi routers.
Growth of the global Mesh Wi-Fi router market is majorly driven by the Rising Demand for High-Quality Connectivity, as more devices and applications require reliable and high-speed internet connections, there is a growing demand for mesh Wi-Fi systems that can provide seamless coverage throughout homes and offices.
Market Snapshot:
Mesh Wi-Fi Router Market - Report Coverage:
The “Mesh Wi-Fi Router Market Report - Forecast (2024-2031)” by IndustryARC, covers an in-depth analysis of the following segments in the Mesh Wi-Fi Router Market.
COVID-19 / Ukraine Crisis - Impact Analysis:
- The COVID-19 pandemic impacted the mesh Wi-Fi router market in various ways. It led to increased demand for these routers due to remote work and online learning, disrupted supply chains causing shortages and price hikes, and stimulated growth in smart home devices. This surge in demand also attracted more competition and required better customer support services.
- The Ukraine crisis could disrupt the mesh Wi-Fi router market by causing supply chain disruptions, price volatility, geopolitical tensions affecting trade, economic uncertainty impacting consumer demand, and increased cybersecurity concerns.
Key Takeaways:
- Widespread Adoption of IoT Devices
IoT gadgets have become commonplace in homes and workplaces, including smart appliances, security cameras, and thermostats. These gadgets increase the total number of gadgets connected to a Wi-Fi network. Mesh Wi-Fi routers can effectively manage and distribute network traffic to provide a stable connection for all devices, making them well-suited to handle this increasing device density.
- Tri-Band Wi-Fi Router Will Thrive in Upcoming Years
Tri-band Wi-Fi routers are expected to continue thriving in the upcoming years as the demand for high-speed, reliable, and low-latency wireless connectivity increases. These routers offer three separate frequency bands (usually one 2.4GHz band and two 5GHz bands) to reduce network congestion and provide optimal performance for multiple devices. With the proliferation of IoT devices, 4K and even 8K streaming, online gaming, and remote work, the need for efficient Wi-Fi networks has never been greater. Tri-band routers can better handle the increasing number of connected devices and bandwidth-intensive applications.
- Fastest Growth of Asia Pacific Region
APAC to witness the highest CAGR 8.9% from 2024 to 2031 owing to the region's proactive approach towards the desire for dependable and fast internet connectivity, particularly in densely populated areas, was driving significant expansion in the mesh Wi-Fi router market in the Asia-Pacific region. The region's economic growth has led to increased consumer spending on technology, including mesh Wi-Fi routers, as people seek to upgrade their home networks for better connectivity.
- Rise in Adoption of Connected Device among the Healthcare, Education and BFSI industry
Global market expansion is being driven by an increase in the usage of connected healthcare devices among healthcare professionals, such as heart-rate monitors and remote patient monitoring devices. The linked medical device also enables healthcare professionals to concentrate on active patient involvement and give care that is centred on the needs of the patient. Since these services depend on fast internet communication between patients and doctors, the market is expanding as a result. Digital technology also assists the education system in achieving a number of goals, including providing quality educational services, fostering greater student-teacher collaboration, and raising student achievement, all of which contribute to the market's expansion.
- Global Increase in Number of Internet Users
More gadgets, including smartphones, laptops, and smart home appliances, are connected to the internet at once due to the increase in internet users. Traditional single-router configurations are under pressure to provide enough coverage and speed due to the increased demand for internet access. Because they can successfully cover bigger areas with a strong, reliable Wi-Fi signal, mesh Wi-Fi systems have grown in popularity
- Increasing Wireless network security issues and threats
Attackers can intercept and eavesdrop on Wi-Fi traffic, potentially gaining access to sensitive information if it's not properly encrypted. Many users still use weak or default passwords for their Wi-Fi networks, making them vulnerable to brute-force attacks. Attackers can set up rogue Wi-Fi networks with deceptive SSIDs to trick users into connecting. Once connected, they can launch phishing attacks to steal login credentials.
Mesh Wi-Fi Router Market Share (%) By Region, 2023
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Mesh Wi-Fi Router Market. The top 10 companies in this industry are listed below:
- NETGEAR
- Huawei
- Apple
- Mercury
- Linksys
- Amplifi
- TP-Link
- Meshforce
- Tenda
Scope of Report:
1. Mesh Wi-Fi Router Market- Overview
2. Mesh Wi-Fi Router Market- Executive Summary
2.1. Trends in Natural Antioxidants
3. Mesh Wi-Fi Router Market–Comparative Analysis
3.1. Company Benchmarking – Key Companies
3.2. Financials Analysis–Key Companies
3.3. Market Share Analysis- Key Companies
3.4. Patent Analysis - Global
3.5. Pricing Analysis–Average Pricing
4. Mesh Wi-Fi Router Market– Startup companies Scenario Premium
4.1. Investments
4.2. Revenue
4.3. Venture Capital and Funding Scenario
5. Mesh Wi-Fi Router Market– Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
6. Mesh Wi-Fi Router Market - Forces
6.1. Market Drivers
6.2. Market Constraints & Challenges
6.3. Porters five force model
6.3.1. Bargaining power of suppliers
6.3.2. Bargaining powers of customers
6.3.3. Threat of new entrants
6.3.4. Rivalry among existing players
6.3.5. Threat of substitutes
7. Mesh Wi-Fi Router Market- Strategic Analysis
7.1. Value Chain Analysis
7.2. Opportunities Analysis
7.3. Market Life Cycle Analysis
8. Mesh Wi-Fi Router Market- By Mesh Design
8.1. Infrastructure Wireless Mesh
8.2. Ad-Hoc Mesh
9. Mesh Wi-Fi Router Market- By Type
9.1. Single Router
9.2. Two Routers
9.3. Three Routers
9.4. Others
10. Mesh Wi-Fi Router Market- By Radio Frequency
10.1. Sub 1 GHz Band
10.2. 2.4 GHz Band
10.3. 4.9 GHz Band
10.4. 5 GHz Band
11. Mesh Wi-Fi Router Market- By Enterprise Size
11.1. Large Enterprise
11.2. SMEs
12. Mesh Wi-Fi Router Market- By Application
12.1. Residential
12.2. Commercial
12.2.1. IT and Telecom
12.2.2. Education
12.2.3. Public Sector
12.2.4. Manufacturing
12.2.5. Transportation and Logistics
12.2.6. Health Care
12.2.7. Others
13. Mesh Wi-Fi Router Market- By Geography
13.1. North America
13.1.1. U.S.
13.1.2. Canada
13.1.3. Mexico
13.2. Europe
13.2.1. U.K.
13.2.2. Germany
13.2.3. France
13.2.4. Italy
13.2.5. Spain
13.2.6. Russia
13.2.7. Netherlands
13.2.8. Rest of Europe
13.3. Asia-Pacific
13.3.1. China
13.3.2. Japan
13.3.3. South Korea
13.3.4. India
13.3.5. Australia
13.3.6. Indonesia
13.3.7. Malaysia
13.3.8. Rest of Asia-Pacific
13.4. South America
13.4.1. Brazil
13.4.2. Argentina
13.4.3. Chile
13.4.4. Colombia
13.4.5. Others
13.5. Rest of the World
13.5.1. Middle East
13.5.2. Africa
14. Mesh Wi-Fi Router Market – Entropy
14.1. New product launches
14.2. M&A’s, collaborations, JVs and partnerships
15. Mesh Wi-Fi Router Market – Industry/Segment Competition Landscape
15.1. Market Share Analysis
15.1.1. Market Share by Region – Key companies
15.1.2. Market Share by Countries – Key Companies
15.2. Competition Matrix
15.3. Best Practices for Companies
16. Mesh Wi-Fi Router Market– Key Company List by Country Premium
17. Mesh Wi-Fi Router Market Company Analysis (Overview, Financials, Developments, Product Portfolio)
17.1. NETGEAR
17.2. Huawei
17.3. Google
17.4. Apple
17.5. Mercury
17.6. Linksys
17.7. Amplifi
17.8. TP-Link
17.9. Meshforce
17.10. Tenda
"*Financials would be provided on a best-efforts basis for private companies"
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Mesh Wi-Fi Router Market is projected to grow at 6.8% CAGR during the forecast period 2024-2031.
Mesh Wi-Fi Router Market size is estimated to be $2 billion in 2024 and is projected to reach $3 billion by 2031.
The leading players in the Mesh Wi-Fi Router Market are NETGEAR, Huawei, Google, Apple, Mercury, Linksys, Amplifi, TP-Link, Meshforce, Tendaand Others.
Widespread Adoption of IoT Devices, Rise in adoption of connected device among the healthcare, education and BFSI industry, Global Increase in number of internet users are some of the major Mesh Wi-Fi Router Market trends in the industry which will create growth opportunities for the market during the forecast period
Rise in adoption of connected device among the healthcare, education and BFSI industry, Government Initiatives For Smart City, Higher Demand For Mesh Wi-Fi Router in Residential Industry are the driving factors of the market.