Published By : 15 Mar 2016 | Published By : QYRESEARCH
The global home networking devices market has been exhibiting an impressive increase in its market valuation, thanks to the increasing demand for connected devices in various industries across the world.
Asia Pacific to Maintain Dominance in Global Home Networking Devices Market
Asia Pacific dominated the global home networking devices market in 2014. The regional market is expected to maintain its position in the coming years on account of the growing demand for home networking devices, propelled by increasing population in this region.
Europe is also projected to report a healthy rise over the next few years. The infrastructural development of telecommunication as well as escalating adoption of these devices in this region is the key factor behind the significant growth of the Europe home networking devices market.
On the other hand, the home networking devices market in North America is likely to be driven by research and development as well as innovations in this field while the Rest of the World market for home networking devices is anticipated to be stimulated by increasing demand for wired networking devices.
Wireless home networking devices enjoy higher demand compared to wired home networking devices across the world. Here is the snapshot of the performance of other segments.
Huawei Technologies Co. Ltd., ZyXEL Communications Corp., D-Link Corp., Devolo AG, Legrand SA, Actiontec Electronics Inc., Buffalo Inc., ASUSTeK Computer Inc., TP-Link Technologies Co. Ltd., Netgear Inc., and Belkin International Inc. are some of the major producers of home networking devices in the global market.