Reports and Data

Mobile Router Market Size, Top Countries Data, Industry Share, Company Overview, Industrial Statistics, Regional Economy, Development and Forecast to 2027

The mobile router market is projected to register a CAGR of 7.3 percent through the forecast period to reach USD 18.32 billion in 2027 from USD 10.74 billion in 2019.

 

New York, NY -- (SBWIRE) -- 01/21/2021 -- The expanding utilization of mobile devices and rising penetration of the Internet are increasingly required to support growth of the mobile router market. The adoption of mobile router permits the user to access internet with only known or registered devices, which is projected to drive growth of the market.

Market Drivers

The massively rising data sharing and increasing need for mobile router are assessed to boost the growth of the market over the forecast period. Additionally, the expanding activities by government and associated bodies for adoption and installation of Internet access points at public spots are estimated to create several opportunities for future growth of the market.

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Furthermore, increasing adoption of automation from past few years has influenced the adoption of improved and faster internet services. This demand for faster services is projected to remain same over the foreseeable future and, in turn, is driving growth of the global mobile router market.

Regional outlook

Regionally, the market in the Asia Pacific region is projected to expand at the most noteworthy CAGR of 7.4% in the conjecture time frame. This growth can be credited to the growth in adoption of improved technologies and surge in initiatives for digitalization globally and especially across the countries such as China and India.

Key participants include Cisco Systems, Novatel Wireless Inc., Huawei Technologies Co. Ltd., TP-Link Technologies Co. Ltd., Netgear, Internet On The Go, Belkin International Inc., D-Link Corporation, XCom Global Inc. and Franklin Wireless.

For the purpose of this report, Reports and Data have segmented global mobile router market on the basis of type, end-user and region:

Type Outlook (Revenue, USD Billion; 2018-2026)

Standalone devices
Bundled devices

End-User Outlook (Revenue, USD Billion; 2018-2026)

Domestic users
Commercial users

Regional Outlook (Revenue, USD Billion; 2018-2026)

North America
Europe
Asia Pacific
Latin America
MEA

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Highlights of the TOC:

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics
3.1. Macro Indicators
3.1.1. Global deployment of Mobile Routers
3.1.2. Global Mobile Router Usage by end-user
3.1.3. Region-wise analysis of Mobile Routers on the basis of type

Chapter 4. Mobile Router Market Segmentation & Impact Analysis
4.1. Mobile Router Segmentation Analysis
4.2. Industrial Outlook
4.3. Regulatory Framework
4.4. Mobile Router Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Proliferation of smart devices
4.4.1.2. Rapid increase in the use of internet
4.4.1.3. Push towards digitalization
4.4.1.4. Increased adoption of routers in Educational institutions
4.4.2. Market restraint analysis
4.4.2.1. Lack Reduction in signal strength after a specified limit
4.4.3. Key opportunities prioritized
4.4.3.1. Increase in connected devices in workplaces

Continue…

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