A router is a physical or virtual appliance that helps organizations to transfer information such as files and communications data between two or more switched computer networks. It identifies a given data packet’s destination address and calculates the better way for the information to reach its destination through the internet. Router technology allows the business to connect their employees securely for collecting business information, which accelerates the growth of the market globally. In addition, increase in adoption of routers among customers due to the growing need to protect personal information by integrating embedded firewall and content filtering software in the router, propels the growth of the global router market.
Growth in penetration of bring-your-own-device policy among the small & medium-sized enterprises and increase in demand for faster internet connectivity technology among consumers are some of the important factors that boost the global router market across the globe. In addition, rise in adoption of connected devices among the healthcare, education and BFSI industry positively impacts the growth of the market. However, factors such as the high implementation cost of wireless router solutions and overheating and overloading of router technology are expected to hamper the market growth. On the contrary, increase in government initiatives for smart city projects is expected to provide lucrative opportunity to boost the growth of the market around the world.
The global router market is segmented on the basis of type, end user, and region. By type, the market is bifurcated into wired and wireless. By end user, it is categorized as BFSI, IT & telecom, education, healthcare, and others. As per region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the router market analysis are Asustek Computer Inc., Belkin International Inc., Cisco systems Inc., D-Link Corporation, Eero LLC, Huawei Technologies Co., Ltd., Netgear, Synology Inc., TP link Technologies Co. Ltd., and Xiaomi. These players have adopted various strategies, including partnership, collaboration, product launch, and developments to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS
?The study provides an in-depth analysis of the global router market forecast along with the current and future trends to explain the imminent investment pockets.
?Information about key drivers, restraints, and opportunities and their impact analysis on global router market trend is provided in the report.
?The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
?The quantitative analysis of the market from 2022 to 2031 is provided to determine the market potential.

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? Market share analysis of players at global/region/country level
? SWOT Analysis

KEY MARKET SEGMENTS

By Type
? Wired
? Wireless
? Wireless Type
? Single
? Dual
? Tri

By End Users
? BFSI
? IT and Telecom
? Education
? Healthcare
? Others

By Region
? North America
? U.S.
? Canada
? Europe
? UK
? Germany
? France
? Italy
? Spain
? Rest of Europe
? Asia-Pacific
? China
? Japan
? India
? Australia
? South Korea
? Rest of Asia-Pacific
? LAMEA
? Latin America
? Middle East
? Africa
? Key Market Players
? D-Link Corporation
? Belkin
? Huawei Technologies Co. Ltd.
? Xiaomi
? NETGEAR
? AsusTek Computer Inc.
? TP-Link Corporation Limited
? Cisco Systems, Inc.
? EERO LLC
? Synology Inc.