DUBLIN–(BUSINESS WIRE)–The “India Router Market, By Band Type, By Product Type, By End User Industry, By Antenna Type, By Region, Competition Forecast & Opportunities, 2028” report has been added to ResearchAndMarkets.com’s offering.
The India router market is anticipated to project robust growth in the forecast period with an impressive CAGR of 9.91% in the forecast years and is expected to reach around USD645.42 million through 2028.
Companies Mentioned
The router market in the India is growing steadily owing to the high prevalence of online games and Internet of Things (IOT), which will drive the market’s growth in the next five years.
Additionally, some of the other major factors contributing to the growth of this market include increasing consumer demand for web-enabled devices, which led to an increase in the demand for routers in the market, attractive offers with the products, and a wide variety of router categories are offered. All these factors are expected to drive the growth of the India router market by 2028.
The internet has changed in the last two decades, as Wi-Fi hotspots. The first generation of Wi-Fi routers followed the introduction of Wi-Fi technology in 1998 and offered speeds of up to only 2 Mbps. It will not be possible to enjoy the internet the way we do today with the old Wi-Fi router. Fortunately, Wi-Fi hotspots have developed significantly since 1998.
Many modern Wi-Fi hotspots support the latest 802.11ac Wi-Fi hotspot, using the 5 GHz band specifically and capable of streaming at multiple channels of at least 1 Gbps, and at a single-channel output of at least 500 Mbps, which is sufficient to view more than 60 YouTube videos simultaneously.
A Wi-Fi router is an electronic device that transmits data obtained from an Internet cable to other devices. It also serves as a wireless access point where one can share data using radio signals. The router converts the streaming of data from internet connection into radio signals. These signals are received by powerful Wi-Fi devices such as smartphones, laptops, and tablets. In terms of band type, India router market is fragmented into dual-band, single-band, and triple-band routers. Further, in terms of Product type, the India Router market has been segmented into Wired and Wireless.
Increase In Connected Devices
The demand for the internet among different families has been growing with the growth of connected devices. According to Intel estimates, the number of connected devices is expected to grow about USD50 Million by 2023. Intel also estimated that the current average of 10 connected devices per household in 2016 is expected to grow to 50 by 2023.
Remote Learning Influence Router Companies
As local schools move to distance learning and more parents to work from home, due to the concern of COVID-19, internet providers have already seen a change in usage. Internet providers intend to take advantage of this opportunity. For example, Comcast offers a 60-day free internet service to home users who fall under the “low income” category, with a USD 9.99 monthly package.
Restraining Factors
Potential Threat of Hacking
Hacking is not just for computers; Wi-Fi routers and cable modems can also get hacked. Since hacking routers can affect the entire Wi-Fi network, they can be even more dangerous. Router hacking is when a cybercriminal controls a router without the owner’s permission. Like other forms of hacking, Wi-Fi hacking depends on the cyber hacker overcoming security measures, usually the password of the router controller or the unwritten vulnerability.
Report Scope:
In this report, the India router market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
India Router Market, By Band Type:
India Router Market, By Product Type:
India Router Market, By End User Industry:
India Router Market, By Antenna Type:
India Router Market, By Region:
For more information about this report visit https://www.researchandmarkets.com/r/2ee3wm
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