Industry Overview of Residential Gateway Market
A home router, also known as a residential gateway, is a compact device designed for consumer use that serves as a central access point and is configured to connect a local area network (LAN) to a wide area network (WAN) via a modem. It typically serves as an intermediary between various digital home networks and access providers. A residential gateway includes a variety of built-in features such as routers, Ethernet ports, and wireless access points, enabling it to connect with a wide range of consumer electronic devices, including laptops, desktops, printers, tablets, and more. It provides optimal security, connectivity, and domain control.
How Big Is the Residential Gateway Market?
The global residential gateway market size reached US$ 5.47 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 8.05 Billion by 2028 exhibiting a CAGR of 6.6% during 2023-2028.
Residential Gateway Market Trends and Drivers:
The residential gateway, also known as a home router, is a compact consumer-grade device that serves as a single access point for connecting the local area network (LAN) to a wide area network (WAN) via the modem. The device acts as a mediator between various digital home networks and access providers and contains built-in routers, ethernet ports, and wireless access points for connecting multiple consumer electronic products such as laptops, desktops, printers, and tablets. The residential gateway market is driven by the increasing demand for high-speed and reliable internet connectivity, the widespread adoption of consumer electronic devices such as TVs and smartphones, and the growing popularity of streaming services during the COVID-19 pandemic. Moreover, the expansion of the media and entertainment sector, the rising trend of smart homes, and the use of these devices to operate smart home interconnected devices such as connected thermostats, security cameras, and door locks are propelling market growth. The development of 4K and 8K ultra-high-definition (Ultra HD) video streaming services is also expected to fuel market growth over the forecast period.
Global Residential Gateway Market 2023-2028 Analysis and Segmentation:
The report segmented the market based on region, type, component type, connection type and application.
Top Key Players covered in this report are: Actiontec Electronics Inc., Advanced Digital Broadcast, AudioCodes Ltd., AVM, Cisco Systems, Comtrend Corporation, Huawei Technologies Co. Ltd., Humax Co. Ltd., Sagemcom, Vantiva SA, Zyxel Communications Corporation (Unizyx Holding Corporation), etc.
Type Insights:
- High-end Residential Gateways
- General Residential Gateways
Component Type Insights:
- Modem
- Router
- Network Switch
- Others
Connection Type Insights:
- Local Area Network (LAN)
- Metropolitan Area Network (MAN)
- Wide Area Network (WAN)
Application Insights:
- Internet
- STB
- DVR
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The key regions covered in the market report are Asia Pacific, Europe, North America, Latin America, Middle East and Africa.
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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