Global WiFi Home Router Market Professional Survey Report 2018

Published - Aug 2018 | Category - ICT and Media | No. of Pages - 100 | Published By - Global QYResearch
New report published by Global QYResearch which offers insights on the global WiFi Home Router market. The WiFi Home Router market has been experiencing steady growth graph since past years. During the 2017-2023 timeline, the global market for WiFi Home Router is expected to reflect 1.4 times increase in the revenue growth. In 2018 the global WiFi Home Router market was valued at US$ 2,887 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 3,681 Mn growing at a value CAGR of 5.51% throughout the period of forecast.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.


 

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