The global mobile router market is expected to reach USD 19.66 Billion by 2028, according to a new report by Reports and Data. Rise in the proliferation of smart devices and a rapid increase in the use of internet across the globe has is boosting the growth of the mobile routers. Mobile routers offer the advantage of wireless connectivity which enables end-users to have lag free high speed connectivity among devices connected with that from any place in the specified range.

A push towards digitalization is also a crucial factor driving the growth of the mobile router market. The “Digital India” campaign by the Indian government has been initiated to transform India into an empowered digital economy and bridge the gap between the privileged and under privileged sections of Indian society to join the mainstream in terms of digitalization.

Additionally, the use of mobile routers in educational institutions to impart better education and the restructuring of traditional organizations to digital organization would stimulate the market growth.

The signal strength of mobile routers starts fading after a certain specifies limit which can discourage end-users from opting for mobile routers. This factor may hinder the rise of the market.

The market in the Asia Pacific region is projected to grow at the highest CAGR of 7.4%% in the forecast period. This can mainly be attributed to the rise in the level of disposable income and penetration of smartphones in the countries in this region especially India and China. More and More organization in the region are switching to digital infrastructure to improve their efficiency and this can be achieved by implementation of mobile routers.

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Further key findings from the report suggest

  • Commercial mobile routers are expected to grow at the highest rate of CAGR 7.4% during the forecast period. The routers used in commercial purposes provide uninterrupted high speed connectivity and network security to all the connected devices over the network. This helps in improving the efficiency of the businesses.
  • North America is forecasted to hold the largest market share with a CAGR 7.2% during the forecast period. Rapid adoption of technology, deep penetration of smart devices such as smartphones, smart wearable, etc. and proliferation IoT devices in this region is creating a surge in the demand for mobile routers. This rise in demand can be attributed to high speed and reliable connectivity provided by mobile routers.
  • 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.
  • On February, 2016, Cisco announced that it will start collaboration with Ericsson and Intel to develop and test the industry's first ever 5G router to speed up the innovation of critical 5G technology.

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The report focuses on evaluation of the given market in major regions and the countries included in those regions. The report provides details of the market considering the geographical landscape that includes North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.The report covers assessment of revenue estimations and shares, current market value, future market valuation, market share, revenue growth and market size in each region. It studies production and consumption patterns, import/export, supply and demand ratio, consumer behavior shift, current and emerging trends, and initiatives taken by the key players in each major region.

  • North America (U.S.A., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of Europe)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Type Outlook (Revenue, USD Billion; 2020-2028)

  • Standalone devices
  • Bundled devices

End-User Outlook (Revenue, USD Billion; 2020-2028)

  • Domestic users
  • Commercial users

Key Features of the Mobile Router Market Report:

  • A comprehensive 8 year forecast of the market and its expected growth rate and trends
  • Analysis of key market drivers and restraining factors
  • Comprehensive analysis of the key regions of the industry and provides SWOT analysis and Porter’s Five Forces analysis to impart a deeper understanding of the market
  • Helps in formulating strategic business decisions and investments plans
  • Strategic recommendations to the established companies and new entrants
  • Statistical data organized into tables, charts, graphs, diagrams, and info graphics
  • Includes complete coverage of recent R&D advancements, product launches, and mergers and acquisitions, among others

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