PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1496112
PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1496112
Wireless router, also known as a Wi-Fi router, is a networking device that combines the functionalities of a router and a wireless access point. A wireless router typically connects to the internet using an Ethernet cable plugged into internet service provider's (ISP) modem. Wireless routers eliminate the need for physical cables to connect devices to the internet, offering more flexibility in device placement.
The MENA Wireless Routers Market is expected to grow at a strong CAGR of 1.9% during the forecast period (2024-2032). The wireless router market in the Middle East and North Africa (MENA) is expected to witness steady growth, driven by a surge in internet penetration, connected devices, and the increasing demand for high-speed internet. Consumers are increasingly opting for high-speed internet connections like fiber optic and 5G. These connections require advanced routers that can handle the significant bandwidth effectively. (Example: The rollout of 5G networks in countries like Saudi Arabia and UAE is expected to accelerate demand for high-performance routers).
On the basis of Type, the market is segmented into Single Band Wireless Routers, Dual Band Wireless Routers, and Tri Band Wireless Routers. Dual Band Wireless Routers led the market in 2023. Dual-band routers offer better performance by utilizing both 2.4 GHz and 5 GHz frequencies. The 2.4 GHz band provides wider range, while the 5 GHz band offers faster speeds for bandwidth-intensive tasks like streaming or online gaming.
On the basis of application, the market is segmented into residential and commercial. Residential segment led the market in 2023, driven by the increasing number of internet-connected households and the growing adoption of smart home devices.
For a better understanding of the market adoption of the Wireless Routers industry, the MENA market is analyzed based on its worldwide presence in countries such as UAE, Saudi Arabia, Egypt, Iran, and the Rest of MENA. The Saudi Arabian wireless router market is expected to grow at a significant pace in the coming years, driven by a number of factors, including:
Increasing internet penetration: The internet penetration rate in Saudi Arabia is growing rapidly, with more and more people getting online every year. This is driving the demand for wireless routers, as people need a way to connect their devices to the internet.
Growing number of connected devices: The number of connected devices per household is also increasing rapidly. This includes smartphones, laptops, tablets, smart TVs, and other devices. This is putting a strain on traditional Wi-Fi networks, and is leading people to upgrade to newer, more powerful routers.
Increasing demand for high-speed internet: People are increasingly demanding high-speed internet connections, such as fiber optic and 5G. These connections can provide much faster speeds than traditional DSL or cable connections. However, they also require newer, more powerful routers that can handle the increased bandwidth.
Some of the major players operating in the market include ABB, Cisco System, Inc., Comarch SA, Dell Technologies, Hitachi Ltd, HPE, Huawei Technologies Co., Ltd., IBM Corporation, NTT Communications, and Schneider Electric.