Mesh Wi-Fi Router Market Overview:
Market Snapshot:
Mesh Wi-Fi Router Market - Report Coverage:
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
- Tri-Band Wi-Fi Router Will Thrive in Upcoming Years
- Fastest Growth of Asia Pacific Region
- Rise in Adoption of Connected Device among the Healthcare, Education and BFSI industry
- Global Increase in Number of Internet Users
- Increasing Wireless network security issues and threats
Key Market Players:
- NETGEAR
- Huawei
- Apple
- Mercury
- Linksys
- Amplifi
- TP-Link
- Meshforce
- Tenda
Scope of Report:
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.