Industry Overview ofResidential GatewayMarket

A residential gateway, or home router, represents a compact consumer-grade device that acts as a single point of access and is configured to facilitate the local area network (LAN) connection to a wide area network (WAN) via the modem. It usually mediates between numerous digital home networks and access providers. Residential gateway encompasses a range of built-in routers, ethernet ports, and wireless access points, which aid in connecting with several consumer electronic products, including laptops, desktops, printers, tablets, etc. It provides optimal security, better connectivity, enhanced domain control, etc.

How Big Is theResidential GatewayMarket?

The global residential gateway market size reached US$ 5.47 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 8.05 Billion by 2028 exhibiting a CAGR of 6.6% during 2023-2028.

Residential Gateway Market Trends and Drivers:

The escalating demand for high-speed and reliable internet connectivity and the widespread adoption of various consumer electronic devices, such as television (TV) and smartphones, are among the key factors stimulating the residential gateway market. Moreover, the inflating need for internet protocol television (IPTV) and broadband connection and the growing popularity of streaming services during the sudden outbreak of the COVID-19 pandemic, on account of their vast content library and minimal monthly subscription rates, are acting as significant growth-inducing factors. Besides this, the expanding media and entertainment sector and the introduction of over-the-top (OTT) platforms are positively influencing the global market.

Furthermore, the rising consumer inclination towards smart homes is propelling the market growth. Apart from this, the increasing utilization of these devices to operate smart home interconnected devices, including connected thermostats, security cameras, door locks, etc., that offer optimal comfort, convenience, and security to the users is also catalyzing the global market. Additionally, the development of 4K and 8K ultra-high-definition (Ultra HD) video streaming services is anticipated to fuel the residential gateway market over the forecasted period.

GlobalResidential GatewayMarket 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Actiontec Electronics Inc., Advanced Digital Broadcast, AudioCodes Ltd., AVM, Cisco Systems, Comtrend Corporation, Huawei Technologies Co. Ltd., Humax Co. Ltd., Sagemcom, Vantiva SA, Zyxel Communications Corporation (Unizyx Holding Corporation), etc.

The report segmented the market based on region, type, component type, connection type and application.

Type Insights:

• High-end Residential Gateways
• General Residential Gateways

Component Type Insights:

• Modem
• Router
• Network Switch
• Others

Connection Type Insights:

• Local Area Network (LAN)
• Metropolitan Area Network (MAN)
• Wide Area Network (WAN)

Application Insights:

• Internet
• STB
• DVR
• Others

Regional Insights:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

The key regions covered in the market report are Asia Pacific, Europe, North America, Latin America, Middle East and Africa.

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Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2023- 2028)
• Porters Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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