Pune, India -- (SBWire) -- 03/28/2019 --The global cellular router market is US$ 565.1 Mn in 2017 and estimated to grow at a CAGR of 14.4% during the forecast period 2018 - 2025 and account US$ 1,639.4 Mn by the year 2025.
The business era prevailing today is transforming rapidly and therefore is entirely unprecedented. New innovation in technology has created a business landscape of "Disrupt or be disrupted". With the advancement in technology in today's world and the existing network, infrastructures prove to be incapable of handling the predicted surge in the number of connected devices as well as the data explosion over the network.
As a result, a huge demand for a more robust and reliable communication network infrastructure capable of handling the huge influx of data over the network is on the rise. Therefore, market players are adopting different strategies such as agility, low cost, rapid deployment, and other expansion strategies. Network security and data breaches are two major concerns for the industry.
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The Cellular Router Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Key Vendors: Cradlepoint, Inc., Sierra Wireless, Inc., Digi International Inc., Advantech Co. Ltd., and Moxa Inc. Also, Belden, Inc., CalAmp Corp., Peplink International Limited, SATEL, and Siemens AG.
Cellular M2M (Machine-to-Machine) provides the ability to connect diverse devices and applications by enabling fixed assets, such as electric meters, or mobile assets, such as fleet vehicles. The cellular M2M product segment is composed of different communications products and development services, including cellular routers and gateways. The cellular routers provide connectivity for devices over a cellular data network.
They can be used as a cost-effective alternative to a fixed phone line for primary or backup connectivity for inaccessible sites and devices. These products are certified by some of the major wireless network providers including, AT&T, Sprint, Verizon Wireless, Bell Mobility, Rogers and Vodafone, etc. These products act as a cellular gateway when combined with other network product and provide cellular network access to devices where there is no existing network or where access to other network is barred.
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The cellular router market segmentation is done on the basis of connection type, product type, and application. The cellular router market has been segmented on the basis of connection type into 3G, and 4G LTE. Also, the cellular router market has also been segmented on the basis of product type into standalone, and multiuse. Further, the cellular router market has been segmented on the basis of application into retail/commercial, residential, industrial, and transportation. On the basis of geography, the cellular router market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
What our report offers:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global cellular router Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the cellular router Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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New Study Focusing on Cellular Routers Market Growing at CAGR of 14.4% by 2025: Cradlepoint, Sierra Wireless, Digi International, Advantech, Moxa, Belden, CalAmp
The global cellular router market size will grow by USD 1,639.4 Mn by 2025. This report offers an analysis of the market based on Application (Retail & Commercial, Residential, Industrial and Transportation). The cellular router market research report further presents an in-depth insight on the growth prospects of the market across geographic regions such as APAC, Europe, MEA, North America, and South America.