Rapid increase in the use of internet is projected to stimulate the growth of cellular router market

The global cellular router market is expected to reach USD 19.66 Billion by 2028, according to a new report by Reports and Data. Rise in the proliferation of smart devices and a rapid increase in the use of internet across the globe has is boosting the growth of the cellular routers. Cellular routers offer the advantage of cellular connectivity which enables end-users to have lag free high speed connectivity among devices connected with that from any place in the specified range.

A push towards digitalization is also a crucial factor driving the growth of the cellular router market. The “Digital India” campaign by the Indian government has been initiated to transform India into an empowered digital economy and bridge the gap between the privileged and under privileged sections of Indian society to join the mainstream in terms of digitalization.

Additionally, the use of cellular routers in educational institutions to impart better education and the restructuring of traditional organizations to digital organization would stimulate the market growth.

The signal strength of cellular routers starts fading after a certain specifies limit which can discourage end-users from opting for cellular routers. This factor may hinder the rise of the market.

 Major factors providing impetus to revenue growth of the global ICT market are increasing penetration of cellular devices such as smartphones, tablets, and smart watches, increased affordability and accessibility of the Internet for people worldwide, and rapid digitalization across various industrial sectors including banking finance, telecommunications, education, healthcare, automotive, buildings construction, agriculture, power energy, and oil gas. Other key factors expected to contribute to the global market revenue growth are rapid adoption of emerging technologies such as AI, machine learning, big data analytics, Internet of Things (IoT), and cloud computing in a wide range of industries, emergence of the 5G technology, rising demand for advanced Wi-Fi systems, increasing need for faster Internet services, and growing concerns about user data safety and privacy.  

To download a PDF sample copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/1392

Table of Contents:

Chapter 1. Methodology Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

       1.4.1. Primary Sources

       1.4.2. Secondary Sources

       1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. Global Pharma Healthcare Market Segmentation 

4.1. Global Pharma Healthcare Market COVID-19 Impact Analysis

4.2. Industrial Outlook

       4.2.1. Market indicators analysis

       4.2.2. Market drivers’ analysis

       4.2.3. Market restraints analysis

 4.3. Technological Insights

 4.4. Porter’s Five Forces Analysis

 4.5. Regulatory Framework

 4.6. Price trend Analysis

 4.7. Competitive Metric Space Analysis

Get a sample copy of the Cellular Router market report @ https://www.reportsanddata.com/report-pricing/1392

Key Regional Markets Covered in the Report:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

Top 10 Companies Operating in the Global Cellular Router Market:

Cisco Systems, Novatel Cellular Inc., Huawei Technologies Co. Ltd., TP-Link Technologies Co. Ltd., Netgear, Internet On The Go, Belkin International Inc., D-Link Corporation, XCom Global Inc. and Franklin Cellular. Further key findings from the report suggest

• Commercial cellular routers are expected to grow at the highest rate of CAGR 7.4% during the forecast period. The routers used in commercial purposes provide uninterrupted high speed connectivity and network security to all the connected devices over the network. This helps in improving the efficiency of the businesses.
• North America is forecasted to hold the largest market share with a CAGR 7.2% during the forecast period. Rapid adoption of technology, deep penetration of smart devices such as smartphones, smart wearable, etc. and proliferation IoT devices in this region is creating a surge in the demand for cellular routers. This rise in demand can be attributed to high speed and reliable connectivity provided by cellular routers.

 Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/1392

Thank you for reading our report. To inquire about customization or any query about the report, please get in touch with us. Our team will make sure the report is best suited to your needs.  

Explore More Industry Research by Reports and Data:

Marine Lighting Market @ https://www.globenewswire.com/news-release/2020/01/20/1972652/0/en/Marine-Lighting-Market-To-Reach-USD-538-1-Million-By-2026-Reports-And-Data.html

Smart Airport Market @ https://www.globenewswire.com/news-release/2019/09/17/1916948/0/en/Smart-Airport-Market-To-Reach-USD-28-0-Billion-By-2026-Reports-And-Data.html

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com