Market Trends of MENA Wireless Routers Industry
Growth in Internet Traffic and Increasing Consumer Demand for Internet-enabled Devices
- The Middle East and North Africa internet traffic is growing rapidly, driven by new internet users with increasing Wi-Fi expansion and high demand for video services.
- With the rise in high internet traffic and devices, average fixed broadband speed, and average internet users, the Middle East and North Africa Wireless Routers Market are expected to grow exponentially during the forecast period.
- Further, with the advent of IoT and changing consumer preferences toward purchasing various gadgets and wearables capable of operating and performing a plethora of functions with internet connectivity, it is also set to propel the growth of the wireless router market over the forecast period.
- In the residential sector, the wireless traffic jam will only worsen as an expanding array of smart devices increases demand for home Wi-Fi networks, from garage door openers to bathroom scales.
- According to Cisco, The number of devices connected to IP networks will likely be more than three times the global population by 2023. There will likely be 3.6 networked devices per capita by 2023, up from 2.4 networked devices per capita in 2018.
Increase In the Bandwidth Requirements Across Enterprises Owing to Digitization
- With the work-from-home (WFH) that became the new trend during the COVID-19 pandemic, players and individual consumers were occupied with securing their various IT products for their employees.
- As a result, supplies of IT peripherals, including wireless routers, led to a sharp spike in demand as everyone navigated through the unprecedented COVID-19 situation.
- With IoT and Industry 4.0 norms gaining popularity, industrial users are expected to replace cabled networks with wireless connections, up to and including closed-loop, real-time control.
- For businesses, priorities differ from most consumer users: security, support, remote access, business-grade VPN, WAN redundancy, connectivity options, and scalability rank higher than absolute raw speed, value for money, or quality of service.
- Moreover, companies are introducing new products and strategizing for expansion to leverage the growing demand in the market.
- The Nighthawk RAX20 provides consistent and powerful signal strength to multiple devices simultaneously so that users can experience smooth gaming and 4K UHD video streaming, faster file transfers, and backups, and boosts overall work productivity.