MENA Wireless Routers Market: Current Analysis and Forecast (2024-2032)
Emphasis on Type (Single Band Wireless Routers, Dual Band Wireless Routers, and Tri Band Wireless Routers); and Application (Residential and Commercial); Country
Wireless router, also known as a Wi-Fi router, is a networking device that combines the functionalities of a router and a wireless access point. A wireless router typically connects to the internet using an Ethernet cable plugged into the internet service provider’s (ISP) modem. Wireless routers eliminate the need for physical cables to connect devices to the internet, offering more flexibility in device placement.
The MENA Wireless Routers Market is expected to grow at a strong CAGR of 1.9% during the forecast period (2024-2032). The wireless router market in the Middle East and North Africa (MENA) is expected to witness steady growth, driven by a surge in internet penetration, connected devices, and the increasing demand for high-speed internet. Consumers are increasingly opting for high-speed internet connections like fiber optic and 5G. These connections require advanced routers that can handle significant bandwidth effectively. (Example: The rollout of 5G networks in countries like Saudi Arabia and UAE is expected to accelerate demand for high-performance routers).
Some of the major players operating in the market include ABB, Cisco System, Inc., Comarch SA, Dell Technologies, Hitachi Ltd, HPE, Huawei Technologies Co., Ltd., IBM Corporation, NTT Communications, and Schneider Electric.
Insights Presented in the Report
“Amongst type, the Dual Band Wireless Routers segment held significant growth in the 2023.”
On the basis of Type, the market is segmented into Single Band Wireless Routers, Dual Band Wireless Routers, and Tri Band Wireless Routers. Dual Band Wireless Routers led the market in 2023. Dual-band routers offer better performance by utilizing both 2.4 GHz and 5 GHz frequencies. The 2.4 GHz band provides wider range, while the 5 GHz band offers faster speeds for bandwidth-intensive tasks like streaming or online gaming.
“Amongst application, the residential segment held a significant growth in the market. ’’ On the basis of application, the market is segmented into residential and commercial. Residential segment led the market in 2023, driven by the increasing number of internet-connected households and the growing adoption of smart home devices.
“Saudi Arabia has significant share in the MENA Wireless Routers market in 2023.”
The Saudi Arabian wireless router market is expected to grow at a significant pace in the coming years, driven by a number of factors, including:
o Increasing internet penetration: The internet penetration rate in Saudi Arabia is growing rapidly, with more and more people getting online every year. This is driving the demand for wireless routers, as people need a way to connect their devices to the internet.
o Growing number of connected devices: The number of connected devices per household is also increasing rapidly. This includes smartphones, laptops, tablets, smart TVs, and other devices. This is putting a strain on traditional Wi-Fi networks, and is leading people to upgrade to newer, more powerful routers.
o Increasing demand for high-speed internet: People are increasingly demanding high-speed internet connections, such as fiber optic and 5G. These connections can provide much faster speeds than traditional DSL or cable connections. However, they also require newer, more powerful routers that can handle the increased bandwidth.
MENA Wireless Routers Market Report Coverage
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The MENA Wireless Routers market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to contact us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the MENA Wireless Routers Market Analysis
(2024-2032)
Analyzing the historical market, estimating the current market, and forecasting the future market of the MENA Wireless Routers market were the three major steps undertaken to create and analyze the adoption of Wireless Routers in MENA region. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the MENA Wireless Routers market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the MENA Wireless Routers market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the MENA Wireless Routers market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report like type and application. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the MENA Wireless Routers market. Further, we conducted factor analysis using dependent and independent variables such as increasing demand for renewable energy. A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the MENA Wireless Routers market.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the MENA Wireless Routers market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets in MENA. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the MENA Wireless Routers market across the major markets domestically.
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the MENA Wireless Routers market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Key Stakeholders of Wireless Routers Market in the MENA Region
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the MENA Wireless Routers market. data was split into several segments & sub-segments after studying various parameters and trends in the areas of vehicle type and application in the MENA Wireless Routers market.
The main objective of the MENA Wireless Routers Market Study
The current & future market trends of the MENA Wireless Routers market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the MENA Wireless Routers market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
- Segments in the study include areas of the as like type and application.
- Define and analyze the regulatory framework for the MENA Wireless Routers
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the MENA Wireless Routers market for the major region.
- Company profiles of the MENA Wireless Routers market and the growth strategies adopted by the market players to sustain in the fast-growing market.
- Deep dive regional level analysis of the industry.
Frequently Asked Questions FAQs
Q1: What is the current market size and growth potential of the MENA Wireless Routers market?
Q2: What are the driving factors for the growth of the MENA Wireless Routers market?
Q3: Which segment has the largest share of the MENA Wireless Routers market by type?
Q4: Which country will have significant growth in the MENA Wireless Routers Market?
Q5: Who are the key players operating in the MENA Wireless Routers market?
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