APAC Tops the Global Home Broadband Wi-Fi Devices Market | Technavio
18 November 2017 - 06:43PM
Business Wire
The latest market research report by Technavio on the global
home broadband Wi-Fi devices market predicts a CAGR of more than 8%
during the period 2017-2021.
This press release features multimedia. View
the full release here:
http://www.businesswire.com/news/home/20171118005038/en/
Technavio has published a new report on
the global home broadband Wi-Fi devices market from 2017-2021.
(Graphic: Business Wire)
The report segments the global home broadband Wi-Fi devices
market by product (fixed solutions and portable solutions) and by
geography (APAC, the Americas, and EMEA). It provides a detailed
illustration of the major factors influencing the market, including
drivers, opportunities, trends, and industry-specific
challenges.
Here are some key findings of the global home broadband Wi-Fi
devices market, according to Technavio ICT
researchers:
- Growth in wireless telecommunications:
a key market driver
- In 2016, the global wireless home
broadband Wi-Fi devices market by fixed solutions dominated the
market and was valued at USD 2.37 billion
- APAC dominated the global home
broadband Wi-Fi devices market in 2016
- Cambium Networks, Huawei Technologies,
NETGEAR, TP-Link Technologies, and ZTE are the key players
This report is available at a USD 1,000 discount for a
limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off.
Buy 2 Technavio reports and get the third for free.
Market growth analysis
One of the key drivers of the global home broadband Wi-Fi
devices market is the growth in wireless telecommunications.
Currently, wireless connectivity is the most preferred connectivity
solution. Wireless connectivity has many benefits. It is cheaper
than fiber or any other wired solution and is eco-friendly. In
comparison with wired and fiber connectivity, wireless connectivity
does not involve digging trenches or drilling through walls.
Wireless technologies are evolving, and they offer multiple options
to end-users in terms of portability. The cost of delivered data in
case of wireless broadband data is continuously dropping due to
large-scale adoption of the technology.
Looking for more information on this market? Request a
free sample report
Technavio’s sample reports are free of charge and contain
multiple sections of the report including the market size and
forecast, drivers, challenges, trends, and more.
Geographical analysis
According to Technavio researchers, APAC occupies the largest
market share among all the regions and is also expected to show the
fastest growth during the forecast period. There is a growth in
high-speed Internet access and wireless broadband in this region.
This is because of the presence of highly competitive markets
players such as Airtel, Reliance Jio, China Mobile, and NTT DOCOMO
in their respective countries of operation. With 3G and 3G+
platforms still covering the region, mobile broadband services are
well-established. The growth is being reinforced by the lower
prices of devices such as smartphones and tablets and reduced
tariffs by network operators to support even wider adoption.
According to Jujhar Singh, a lead analyst at Technavio for
research on machine to machine (M2M) and connected devices, “The
licensing of 4G and the ongoing launch of 4G services across Asia
have provided the fundamental platform for growth in wireless
broadband services. 4G has also offered growth prospects for
content providers and wireless access in domestic markets. In South
Asia, people usually own cell phones and not PCs. This indicates
the huge potential for the development of mobile data
services.”
Competitive vendor landscape
The global home broadband Wi-Fi devices market is concentrated
as some major players occupy a significant share of the market. The
market is dominated by major players like Huawei Technologies,
TP-Link Technologies, NETGEAR, ZTE, and Cambium Networks. There are
many small-scale players, usually from countries in APAC, such as
Japan and China, who have a certain impact on the market. Fixed
solutions are the dominant form of product in the home broadband
Wi-Fi devices market. However, the shift to portable solutions is
imminent because of the constantly mobile and on-the-move nature of
internet users. Portable solutions are also expected to grow faster
than fixed solutions.
Get a sample copy of the global home broadband Wi-Fi
devices market report free of cost
Access Technavio’s continuously growing machine to
machine (M2M) and connected devices research library and find
expert analysis on hundreds of markets.
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio’s report library
consists of more than 10,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio’s comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
If you are interested in more information, please contact our
media team at media@technavio.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171118005038/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com