Mesh Wi-Fi Router Market Size Worth $3 Billion By 2031: IndustryARC

Mesh Wi-Fi Router Market size is predicted to reach $3 billion by 2031, growing at a CAGR of 6.8% during the forecast period 2024-2031 according to the latest market research report published by IndustryARC. 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, that are fueling the growth of the Mesh Wi-Fi Router Market during the forecast period, finds IndustryARC in its recent report, titled “Mesh Wi-Fi Router Market Size, Share & Trends Analysis Report By Mesh Design (Infrastructure Wireless Mesh, Ad-Hoc Mesh), By Type (Single Router, Two Routers, Three Routers, Others), By Radio Frequency (Sub 1GHz Band, 2.4GHz Band, 4.9GHz Band, 5GHz Band), By Enterprise Size (Large Enterprise, SMEs), By Application (Residential, Commercial- IT and Telecom, Education, Public Sector, Manufacturing, Transportation and Logistics, Health Care, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2031

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Asia-Pacific to Register Highest Growth:

APAC to witness the highest CAGR of 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.

Mesh Wi-Fi Router Market 2024-2031: Scope of the Report

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Mesh Wi-Fi Router Market Report – 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.

Rise in the 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 the 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.

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Key Opportunity Analysis:

Government Initiatives for Smart City

Investments in digital infrastructure, such as the installation of Wi-Fi and high-speed internet networks, are frequently part of government plans for smart cities. Mesh Wi-Fi routers are a crucial piece of technology for these smart city initiatives because they enable smooth, dependable, and broad connectivity.

Higher Demand for Mesh Wi-Fi Router in Residential Industry

Mesh Wi-Fi router systems are in notably greater demand in the residential sector. The primary cause of this increase in demand is thought to be households’ growing reliance on several devices for work, leisure, smart home apps, and online activities. Due to their ability to deliver dependable and extensive Wi-Fi coverage, mesh Wi-Fi routers have grown to be a popular option among homes. This is because they are an efficient way to meet the connectivity needs of modern households with a variety of devices and different connectivity requirements.

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The Report also Covers the Following Areas:

• Mesh Wi-Fi Router Market Size and Forecast
• Mesh Wi-Fi Router Market Trends
• Mesh Wi-Fi Router Market Analysis by Type

Mesh Wi-Fi Router Market 2024-2031: Key Highlights

• CAGR of the market during the forecast period 2024-2031
• Value Chain analysis of key stake holders
• Detailed analysis of market drivers and opportunities during the forecast period
• Mesh Wi-Fi Router Market size estimation and forecast
• Analysis and predictions on end users’ behavior and upcoming trends
• Competitive landscape and Vendor market analysis including offerings, developments, and financials
• Comprehensive analysis of challenges and constraints in the Mesh Wi-Fi Router Market

Covid and Ukrainian Crisis Impact:

• 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. Geopolitical tensions can disrupt the supply chains of electronic components and manufacturing processes. If key components for wireless mesh routers are sourced from Ukraine or nearby regions, disruptions in the supply chain may lead to shortages and increased production costs.

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List of Key Market Players in Mesh Wi-Fi Router Market:

The key companies profiled in the Mesh Wifi Router Market Report are listed below:

• NETGEAR
• Huawei
• Google
• Apple
• Mercury
• Linksys
• Amplifi
• TP-Link
• Meshforce
• Tenda

Related Reports:

Industrial WLAN Market – Increasing penetration of connected factories, smart cities, smart utility to provide unison through strategic networking among associated machines and systems is set to drive the market.

Industrial Network Market – The rising adoption of connected factory and the machine to machine communication will significantly boost the industrial network market and is estimated to gain a huge demand.

Virtual Router Market – The growing acceptance of virtual routers to WAN based routers is likely to aid in the market growth of virtual routers.

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IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format which assists an intelligent and informed decision-making process.

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