Skip to main content

Global Business Jet Market: Industry Analysis and Forecast 2021-2027

Home Networking Device Market | Pin-Point Analysis for Changing Competitive Dynamics

The three leading players in the global market for home networking devices in 2014 were TP-Link Technologies Co., Ltd., ASUSTeK Computer, Inc., and D-Link Corporation. Their lead in this market is attributed to their greater focus on constant product innovation and a wide global distribution network.  According to a recently published report by Transparency Market Research, product development and innovation are essential for home networking devices providers to stay ahead of the curve in a technology industry that evolves by the day.





Armed with a CAGR of 7.0% within a forecast period from 2015 to 2023, the global home networking devices market is expected to reach US$14.35 bn by the end of 2016 and US$23.23 bn by the end of 2023. Wireless solutions not only continue to be the more popular solution in home networking devices, but the disparity between wired and wireless networking device revenues is expected to grow even further. By the end of 2023, the revenue generated by wireless home networking devices market is expected to reach US$14.81 bn.





Request to View Sample of Report –









Routers have consistently been the leading home networking device components in terms of consumption. By the end of 2023, US$8.61 bn are expected to be generated by home networking device providers through the sale of routers.





By 2023, Asia Pacific is expected to generate a revenue of US$7.20 bn for its home networking devices providers. This region’s leading share in the global home networking devices market is attributed to its high population density coupled with the increasing disposable income among urban consumers.





North America is expected to lose part of its share to Asia Pacific due to an increased focus by home networking devices companies on emerging economies. North America, nonetheless, will continue to be a key contributor to the global demand for home networking devices market.





“More and more consumers are looking towards wirelessly connected devices operating within their homes. The scope of application of connected devices is increasing day by day, and so is the bandwidth that the devices can communicate on,” states a TMR analyst.





Connected devices in the home are more or less concerned with home appliances, wearable devices, healthcare monitors, and mobile devices. The communication between these devices is expected to improve even further through the use of innovative communication technologies such as ZigBee and Z-Wave.





The sales of home networking devices are expected to receive a noticeable setback over the coming years due to the proliferation of portable networking devices. IT giants are planning to offer portable router solutions, such as the OnHub provided by Google, Inc. The growing demand for these devices is expected to hinder the demand for home networking devices over the coming years.





The threat of portable networking devices is low at the moment, due to this technology being in a relatively nascent stage of development. As time progresses, this threat is likely to increase.





“A long-term solution that home networking devices providers can adopt is to give home networking solutions as a complete package within connected homes. This can be a comprehensive and end-to-end package that directly cater to end-user requirements,” adds the analyst.





Request to View Brochure of Report –








Comments

Popular posts from this blog

Global Tablet Market: Industry Analysis and Forecast 2021-2027

  Global Tablet Market . The report will give the past market trends from 2015-2020 and forecast from 2021 to 2027 by considering 2020 a differently. The report forecast that market for Tablet will reach to XX Bn by 2027 and has given the regional break up by countries.   Get Free Sample Report: https://www.maximizemarketresearch.com/request-sample/115033 The report has covered the market drivers and different strategies implemented by key players for expansion and to retain their client base by focusing on market leaders, market followers and new entrants in the market or region. The drivers of the market and revenue of each key players in each segment are analysed to give deep insights in brief to make user understand the market scenario in less time. While forecasting for each year, rational behind forecast are given that are supposed to drive or restrain the market. Focus on each players and their sales by unit by brand make this report unique in the industry. The Tablet market fac

How lead generation has become a boon for businesses?

Be it a small or a large organization, lead generation is a service that is bringing business to all the companies. Lead generation is actually the blood in the vein of all organizations and giving a meaning even to run businesses. People who are aware of this service. Very good for you, but a lot of you must be thinking what exactly is this Lead generation and the Leads? Well, lead can be anyone,(typically a curious customer) who is interested in your service or product or looking for it already. A lead can come through various sources, like website, business page, word of mouth or even a call. It is the most important aspect of online marketing and helps in developing curiosity among people for your services and products so that they come running to you to buy them. Now when we know what lead is now it’s time to know why it’s so important in today’s businesses? Do you know the majority of salespeople are losing their will thinking that why they are not getting more customers? why th

Best Psychic In Paris | Best Psychic Reading Specialist in Paris

Guruji who had abilities altogether dimensions of astrology aptitudes. The Best Psychic in Paris through his understanding and learning on Astrology has helped a big number of his customers keep it up with a glad life. You will totally depend upon astrologer for his proposals. He will examine your horoscope outline, the planetary positions, their impact and you will mention your issues with him. He will provides a total account all of your issues whether its issues identified with hitched life, love connections, or on the off chance that you simply are confronting any medical issues, then forth. Our Guruji who is that the Best psychic reader can lookout of any issue of his customer and has been constantly fruitful. It is safe to mention that you simply are having a harsh time in your life and urgently need direction. Guruji psychic reader is strictly, what you would like. He is a mystic perusing proficient, with numerous long periods of involvement in her field. Through her capacities,