Home Networking Devices Market Report 2025 (Global Edition)

Global Home Networking Devices Market Report 2025 Market Size Split by Type (Audio Equipment, Video Devices, Gaming Consoles), by Industry Vertical (Telecommunication, Smart Home, I.T., Others), by Di...

Home Networking Devices Market Report Description

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Home Networking Devices Market Insights Video

Competitive Landscape of the Home Networking Devices Market

The home networking device industry is fiercely competitive with significant companies. Competition is driven by innovations in Wi-Fi technology, rising demand for smart home integration, and different product offers. Companies focus on innovative functionality, high-speed connectivity, and user-friendly interfaces to capture market share.

In November 2021, Juniper Networks (U.S.) announced two new 6 GHz access points that leverage Mist Al to maximize Wi-Fi performance and capacity while simplifying I.T. operations. In addition, Juniper introduced a new loT Assurance service that streamlines and scales the onboarding and securing of loT devices without Network Access Control (NAC). These enhancements to the Juniper wireless access portfolio furthered the company's experience-first networking mission. (Source:https://newsroom.juniper.net/news/news-details/2021/Juniper-Networks-Adds-AI-driven-Wi-Fi-6E-Access-Points-and-IoT-Assurance-to-Simplify-Scale-and-Secure-Wireless-Devices/default.aspx) In June 2021, Cisco (U.S.) announced a new portfolio of Catalyst industrial routers for enterprise networks. These include the Catalyst 5G Industrial Routers and the Cisco IoT Gateway Series. Featuring 5G capabilities, they enable organizations to run connected operations at scale with a choice of management tools suited for both I.T. and operations. (Source:https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2021/m06/connecting-and-protecting-the-things-that-matter-most-cisco-unveils-new-5g-industrial-router-portfolio-for-the-iot-edge.html)

Top Companies Market Share in Home Networking Devices Industry: (In no particular order of Rank)

• Google
• Linux
• Legrand SA
• Huawei Technologies Co. Ltd.
• HP
• ZYXEL Communications Corp.
• TP-Link Technologies
• PLANET Technology
• Buffalo
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Home Networking Devices Market

Which Region Dominates the Home Networking Devices Market in 2024?

According to Cognitive Market Research, North America dominates the market in 2024. It accounted for around 40% of the global revenue due to high technology adoption, strong infrastructure, and demand for smart home solutions. Growth is driven by increasing internet penetration, remote work trends, and advancements in IoT technologies.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the home networking devices market due to the increased internet penetration, smart home adoption, and rising demand for connected devices in countries. Rapid urbanization and growing internet infrastructure also drive market growth.

The current report Scope analyzes Home Networking Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Home Networking Devices Market Analysis

According to Cognitive Market Research, the global home networking devices market size was estimated at USD 21451.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 8580.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• According to Cognitive Market Research, the U.S. had a major share in the home networking devices market with a market size of USD 6770.00 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The nation's rising demand for high-speed internet.
• The Canada home networking devices market had a market share of USD 1029.66 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's advancements in Wi-Fi technology.
• The Mexico home networking devices market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 780.82 million in 2024.

Europe Home Networking Devices Market Analysis

According to Cognitive Market Research, the global home networking devices market size was estimated at USD 21451.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 6435.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• The United Kingdom home networking devices market had a market share of USD 1081.14 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the U.K., Home networking devices sales witness an upswing due to the rise in remote work.
• The France home networking devices market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 592.05 million in 2024.
• According to Cognitive Market Research, the German home networking devices market size was valued at USD 1274.20 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, home networking devices surged due to the consumers' preference for seamless and integrated home networks.
• The Italy home networking devices market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 553.44 million in 2024.
• The Russian home networking devices market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 997.48 million in 2024.
• The Spain home networking devices market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 527.70 million in 2024
• The Luxembourg home networking devices market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 199.50 million in 2024.
• The Portugal home networking devices market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 135.14 million in 2024.
• The Greece home networking devices market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 77.22 million in 2024.
• Rest of Europe's home networking devices market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 997.48 million in 2024.

Asia Pacific Home Networking Devices Market Analysis

According to Cognitive Market Research, the global home networking devices market size was estimated at USD 21451.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4933.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• According to Cognitive Market Research, the China home networking devices market size was valued at USD 2220.20 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Home networking devices surged in China due to the growing demand for high-speed connectivity.
• The Japan home networking devices market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 680.86 million in 2024.
• The India home networking devices market had a market share of USD 592.05 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. India's rapid urbanization augments the demand.
• The South Korean home networking devices market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 493.38 million in 2024.
• The Australian home networking devices market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 256.56 million in 2024.
• The Southeast Asia home networking devices market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 340.43 million in 2024.
• The Rest of Asia Pacific home networking devices market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 350.30 million in 2024.

South America Home Networking Devices Market Analysis

According to Cognitive Market Research, the global home networking devices market size was estimated at USD 21451.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 1072.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil home networking devices market size was valued at USD 459.06 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Home networking devices flourished in Brazil due to the growing need for advanced routers.
• Argentina's home networking devices market had a market share of USD 180.19 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. Argentina's improving economic conditions augment the demand.
• Colombia's home networking devices market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 95.46 million in 2024.
• Peru's home networking devices market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 87.95 million in 2024.
• Chile's home networking devices market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 77.22 million in 2024.
• The Rest of Latin America's home networking devices market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 172.68 million in 2024.

Middle East Home Networking Devices Market Analysis

According to Cognitive Market Research, the global Home Networking Devices market size was estimated at USD 21451.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 429.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031..

• The GCC Countries' home networking devices market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 183.62 million in 2024. Home networking device sales flourish due to the growing demand for seamless connectivity.
• The Egypt home networking devices market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 45.05 million in 2024.
• The South African home networking devices market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 67.79 million in 2024. Home networking device sales flourish in South Africa due to increasing internet penetration.
• The Turkey home networking devices market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 36.90 million in 2024.
• The Nigeria home networking devices market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 45.05 million in 2024.
• The Rest of the MEA home networking devices market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 50.62 million in 2024.

Home Networking Devices Market Analysis

Home Networking Devices Market Product Type Segment Analysis

According to Cognitive Market Research, audio equipment stand out as the dominant category over the projected period as it includes wireless speakers, soundbars, and home theater systems, which enable seamless music streaming and voice control integration through smart assistants. These devices enhance the auditory experience in smart homes.

Video device emerges as the fastest-growing category in the home networking devices market. It encompass smart TVs, streaming devices, and home projectors that connect to home networks, providing access to digital content and high-definition streaming. These devices are integral in delivering immersive viewing experiences and are increasingly equipped with advanced connectivity features, supporting the shift towards smart, interconnected home entertainment systems.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Home Networking Devices Industry. Request a Free Sample PDF!

Home Networking Devices Market Industry Vertical Segment Analysis

According to Cognitive Market Research, the dominant category is telecommunication, as it drives demand for home networking devices, especially with the proliferation of broadband and fiber-optic internet services. Telecom companies are increasingly offering bundled services that include routers, modems, and Wi-Fi extenders to enhance connectivity.

The fastest-growing category in the home networking devices market is smart home. It is rapidly growing due to the rising adoption of IoT devices. Home networking devices are crucial in enabling seamless communication between smart appliances, security systems, and automation solutions, fostering a connected living environment.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Home Networking Devices Distribution Channel Segment Analysis

Home Networking Devices Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the dominant category is online, as it include e-commerce platforms and company websites, offering customers the convenience of browsing, comparing, and purchasing products from the comfort of their homes. This channel is gaining popularity due to the rise in internet penetration, easy accessibility, and a wide range of product offerings.

The fastest-growing category in the home networking devices market is offline, as it comprise traditional brick-and-mortar stores, including electronic retailers, supermarkets, and specialty stores. These channels allow customers to physically inspect and test devices before purchasing, providing a tactile shopping experience.

• Online
• Offline

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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