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The wireless router market size is forecast to increase by USD 8.09 billion at a CAGR of 9.24% between 2023 and 2028. The market is experiencing significant growth due to the increasing adoption of next-generation data connectivity, such as 5G, and the expanding use of wireless routers in smart home systems and the retail industry. However, security worries persist, with cybersecurity risks including ransomware, malware, and unauthorized access posing challenges. Wireless router manufacturers are addressing these concerns by releasing high-end wireless routers with advanced security features. Technological fragmentation and regulatory compliance requirements add complexity to the market, with various wireless standards such as Wi-Fi 4 (802.11n), Wi-Fi 5 (802.11ac), and Wi-Fi 6 (802.11ax) co-existing. Limited coverage and the need for range extenders further complicate the landscape. Broadband connectivity and internet infrastructure investments are also driving market growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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