A residential gateway, or home router, is a compact consumer-grade device that acts as a single point of access and is configured to facilitate the connection of a local area network (LAN) to a wide area network (WAN) through the modem. It usually operates as a mediator between several digital home networks and access providers. It further encompasses a range of built-in routers, ethernet ports, and wireless access points, which helps in connecting with several consumer electronic products, such as laptop, desktop, printers, and tablets.
Residential gateway does not require complex network setups to operate, and it offers simplified access to multiple networks that ensure seamless interconnection between diverse external and internal networks. Apart from this, a residential gateway provides optimal security, better connectivity, and enhanced domain control. Based on these properties, a residential gateway is widely utilized in households to access internet, cable, and telephone services delivered to the home.
Residential Gateway Market Trends
The increasing demand for high-speed and reliable internet connectivity and the widespread uptake of various consumer electronic devices, such as Wi-Fi, television (TV), and smartphones in the residential sector, are prime factors currently driving the market growth. In line with this, the rising need for internet protocol television (IPTV) and broadband connection and the growing popularity of streaming services during the COVID-19 pandemic due to their vast content library and minimal monthly subscription rates are creating a positive outlook for the market. This can be further attributed to the significant expansion in the media and entertainment sector and the emergence of over-the-top (OTT) platforms.Additionally, the shifting consumer inclination toward smart homes has facilitated the utilization of residential gateway in households, which is supporting the market growth. These devices are extensively employed to operate multiple smart home interconnected devices, such as connected thermostats, security cameras, and door locks, to offer optimal comfort, convenience, and security to the users.
Moreover, the advent of 4K/8K ultra-high-definition (Ultra HD) video streaming services and the integration of the Internet of Things (IoT) with smart devices are propelling the market growth. Other factors, such as the recent launch of new services by network operators, the emergence of local network technologies, and the fabrication of international common standards, are creating a positive outlook for the market.
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the global residential gateway market, along with forecasts at the global, regional, and country level from 2024-2032. The report has categorized the market based on type, component type, connection type and application.Type Insights:
- High-end Residential Gateways
- General Residential Gateways
Component Type Insights:
- Modem
- Router
- Network Switch
- Others
Connection Type Insights:
- Local Area Network (LAN)
- Metropolitan Area Network (MAN)
- Wide Area Network (WAN)
Application Insights:
- Internet
- STB
- DVR
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global residential gateway market. Detailed profiles of all major companies have also been provided. Some of the companies covered includes Actiontec Electronics Inc., Advanced Digital Broadcast, AudioCodes Ltd., AVM, Cisco Systems, Comtrend Corporation, Huawei Technologies Co. Ltd., Humax Co. Ltd., Sagemcom, Vantiva SA, Zyxel Communications Corporation (Unizyx Holding Corporation), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
1. How big is the global residential gateway market?2. What is the expected growth rate of the global residential gateway market during 2024-2032?
3. What are the key factors driving the global residential gateway market?
4. What has been the impact of COVID-19 on the global residential gateway market?
5. What is the breakup of the global residential gateway market based on the type?
6. What is the breakup of the global residential gateway market based on the application?
7. What are the key regions in the global residential gateway market?
8. Who are the key players/companies in the global residential gateway market?
Table of Contents
Companies Mentioned
- Actiontec Electronics Inc.
- Advanced Digital Broadcast
- AudioCodes Ltd.
- AVM
- Cisco Systems
- Comtrend Corporation
- Huawei Technologies Co. Ltd.
- Humax Co. Ltd.
- Sagemcom
- Vantiva SA
- Zyxel Communications Corporation (Unizyx Holding Corporation)
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 138 |
Published | April 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 5.8 Billion |
Forecasted Market Value ( USD | $ 9.8 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |