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According to Renub Research’s latest report, “Wireless Router Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis” Global Wireless Routers Market was US$ 11.43 Billion in 2022. A wireless router is an appliance that enables various devices to link to the internet wirelessly. It acts as a central hub for communication between the devices on a network and the internet. A wireless router receives signals from a broadband modem. It converts them into wireless signals that can be accessed by machines equipped with Wi-Fi technology, such as laptops, smartphones, and tablets. The wireless router also typically includes network security and management tools like firewalls and parental controls. The development of new wireless technologies, such as Wi-Fi 6, has led to faster and more reliable wireless connectivity, driving the demand for new wireless routers. In addition, e-commerce has made it simple for customers

COVID-19 has acted as a significant market driver for the wireless router market for the past two years by increasing the demand for wireless routers tremendously. Wi-Fi router is a perfect example of high-speed data, which has enabled computers to communicate with each other without traditional cables. The expanding demand for faster internet connectivity among consumers has an increasing number for ecommerce transactions, web browsing, Mobile learning, and online-related activities. As a result, the wireless router has become a necessity for human life, which is widely used in laptops, computers, and tablets. Wi-Fi routers are majorly attributed to the increasing need among people to remain connected to reliable Internet and improve Wi-Fi connections across many countries. According to Renub Research, the Global Wireless Router Market is estimated to reach US$ 18.02 Billion by 2027.

wireless router market

There has been a rapid rise in active internet users worldwide (4.66 Billion) –