Home Networking Devices Market Size, Share & Trends Analysis, By Type (Wired Type and Wireless Type), By Component (Hub and Switch, Router), By Product Type (Audio Equipment, Video Devices), Region and Forecast Period 2022 – 2030 (Updated Version Available)

Report ID - MRC_1665 | Pages - 250 | Category - Next Generation Technologies

Market Insights:

The Home Networking Devices Market was valued at USD 18.1 Bn in 2021, at CAGR of 5.6% during the forecast period (2022-2030), and the Market is projected to be worth USD 29.6 Bn by 2030.

Driver:
The increased adoption of Home Networking Devices in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Home Networking Devices also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Home Networking Devices in many sectors also boosts the market growth during the forecast period.

Home networking devices are devices that are linked to one other and to the internet, such as game systems, mobile devices, and numerous PCs. These devices provide quick access to all network-connected devices’ files and directories. These devices are used to link personal devices by establishing a local area network (LAN).

Home Networking Devices Market Research Report” was just released by Market Research Community. It is divided into several categories, including type (Wired Type, Network Line, Power line, Wireless Type, Wi-Fi, ZigBee, Z-Wave), Product Type (Audio Equipment, Video Devices, Gaming Consoles), Component (Hub and Switch, Router, Extender, Adapter, Wireless Access Point (WAP)), Industry Vertical (Telecommunication, Smart Home, IT, Others), and companies (Actiontec Electronics, Mechoshade Systems, AsusTek Computer Inc., Nokia, Tenda Technology, Crestron Electronics, Schneider Electric, Lutron Electronic Ltd., Vantage Controls, Inc., Watt Stopper, Siemens AG, Ingersoll-Rand PLC, HP, TP-Link Technologies, Legrand SA, ZyXEL Communications Corp., PLANET Technology, Buffalo, Inc., Huawei Technologies Co. Ltd., Google, Linux, Devolo, Amazon), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 5.6%, over the forecast period of 2022–2030

Report Coverage:

Report Attributes Report Details
Study Timeline 2018-2030
Market Size in 2030 (USD Billion) 29.6 Billion
CAGR (2022-2030) 5.6%
By Type Wired Type, Network Line, Power line, Wireless Type, Wi-Fi, ZigBee, Z-Wave
By Product Type Audio Equipment, Video Devices, Gaming Consoles
By Component Hub and Switch, Router, Extender, Adapter, Wireless Access Point (WAP)
By Industry Vertical Telecommunication, Smart Home, IT, Others
By Geography North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Key Players Actiontec Electronics, Mechoshade Systems, AsusTek Computer Inc., Nokia, Tenda Technology, Crestron Electronics, Schneider Electric, Lutron Electronic Ltd., Vantage Controls, Inc., Watt Stopper, Siemens AG, Ingersoll-Rand PLC, HP, TP-Link Technologies, Legrand SA, ZyXEL Communications Corp., PLANET Technology, Buffalo, Inc., Huawei Technologies Co. Ltd., Google, Linux, Devolo, Amazon

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Covid-19 Impact:

The COVID-19 pandemic has had a substantial negative influence on the Home Networking Devices market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.

Industry Competitive Landscape:

The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-

Actiontec Electronics, Mechoshade Systems, AsusTek Computer Inc., Nokia, Tenda Technology, Crestron Electronics, Schneider Electric, Lutron Electronic Ltd., Vantage Controls, Inc., Watt Stopper, Siemens AG, Ingersoll-Rand PLC, HP, TP-Link Technologies, Legrand SA, ZyXEL Communications Corp., PLANET Technology, Buffalo, Inc., Huawei Technologies Co. Ltd., Google, Linux, Devolo, Amazon

Market Segment Analysis:

By Type

Wired Type

  • Network Line
  • Power line

Wireless Type

  • Wi-Fi
  • ZigBee
  • Z-Wave

 By Product Type

  • Audio Equipment
  • Video Devices
  • Gaming Consoles

 By Component

  • Hub and Switch
  • Router
  • Extender
  • Adapter
  • Wireless Access Point (WAP)

By Industry Vertical

  • Telecommunication
  • Smart Home
  • IT
  • Others

Region

The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.

The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Home Networking Devices industries in the region.

Key Home Networking Devices Market Trends

– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Home Networking Devices Market segments.

– Largest Market Share Held by Industry to Industry for Home Networking Devices

– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.

– Demand from the geographical area is estimated to boost growth.

– Growing Market Segment Adoption in the Home Networking Devices Industry

– Over the forecast period, higher growth rates are anticipated in in some regions

Why Purchase the Industry Report by MRC

There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.

Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.

Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.

The competitive landscape includes the proportions of important players, recent innovations, and strategy.

Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.

Table of Content

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Research Methodology

The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.

Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.

Home Networking Devices Market Size, Share & Trends Analysis, By Type (Wired Type and Wireless Type), By Component (Hub and Switch, Router), By Product Type (Audio Equipment, Video Devices), Region and Forecast Period 2022 – 2030 (Updated Version Available)
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