Home Networking Device Market to Reach $49.9 Billion by 2030
Dublin, March 20, 2024 (GLOBE NEWSWIRE) -- The "Home Networking Device: Global Strategic Business Report" report has been added to * ResearchAndMarkets.com's* offering.
The global market for Home Networking Device estimated at US$32.3 Billion in the year 2022, is projected to reach a revised size of US$49.9 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.
Wired Type, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$16.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wireless Type segment is readjusted to a revised 5.8% CAGR for the next 8-year period.
*The U.S. Market is Estimated at $9.4 Billion, While China is Forecast to Grow at 5.2% CAGR*
The Home Networking Device market in the U.S. is estimated at US$9.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.8 Billion by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
*Select Competitors (Total 42 Featured) - *
· Actiontec Electronics, Inc.
· Amazon.com, Inc.
· Apple, Inc.
· ASUSTeK Computer, Inc.
· AVM GmbH
· Belkin International, Inc.
· BUFFALO, Inc.
· Crestron Electronics, Inc.
· devolo AG
· D-Link Corporation
· Google LLC
· HP, Inc.
· Huawei Technologies Co., Ltd.
· Ingersoll-Rand PLC
· Legrand SA
· Lutron Electronics Co., Inc.
· Mechoshade Systems, Inc.
· NETGEAR, Inc.
· Nokia Corporation
· PLANET Technology Corporation
· Schneider Electric SA
· Siemens AG
· Tenda Technology Co., Ltd.
· TP-LINK Technologies Co., Ltd.
· Ubiquity Global Services, Inc.
· Vantage Controls
· ZyXel Communications Corporation
*Key Attributes:*
*Report Attribute* *Details*
No. of Pages 194
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $32.3 Billion
Forecasted Market Value (USD) by 2030 $49.9 Billion
Compound Annual Growth Rate 5.6%
Regions Covered GlobalFor more information about this report visit https://www.researchandmarkets.com/r/7bidur
*About ResearchAndMarkets.com*
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*Attachment*
· Global Market for Home Networking Device
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