How big is the 5G Router Market?
According to 6Wresearch internal database and industry insights, the 5G router market was valued at approximately USD 2.9 billion in 2024 and is projected to reach USD 11.4 billion by 2031, growing at a CAGR of 21.5% during the forecast period.
This growth is fueled by rising demand for high-speed wireless connectivity, remote work setups, IoT expansion, and rapid 5G network rollouts across urban and rural areas.
Key Growth Drivers of the 5G Router Market
- Proliferation of smart homes, connected devices, and mobile workforces
- Increased deployment of 5G FWA (Fixed Wireless Access) for last-mile connectivity
- Growing demand for low-latency and high-throughput internet in enterprises
- Wider availability of standalone and non-standalone 5G networks
- Surge in portable and industrial-grade 5G routers for field operations
5G Router Market Trends
5G router market is witnessing strong momentum with rising uptake of indoor and outdoor CPE (Customer Premise Equipment). Industrial-grade 5G routers with rugged design and multi-SIM support are gaining traction in sectors like logistics, construction, and emergency response. Integration of Wi-Fi 6 and 6E in 5G routers is boosting overall bandwidth performance. Cloud-managed routers with real-time analytics are also trending, helping businesses remotely monitor and manage their networks. Furthermore, telcos are bundling 5G routers with FWA packages to increase user adoption in underserved regions.
Emerging Developments in the 5G Router Market
The latest ones include AI in the router with regard to shaping contents, anomaly detection, and auto switching within the network. In an effort to ensure backward compatibility on phased roll-outs, vendors are deploying dual-mode 4G/5G routers. The country applications of solar and battery assisted routers in the rural areas are under test. The edge-computing functions are also being implemented in enterprise 5G routers but with the ability to do data calculating and processing tasks with reduced latency and quickness. To start with, the newer chipsets are reducing the size of the router and optimizing their operations and secondly their security standards are being upgraded to that of VPN, firewall, and SD-WAN interaction.
Major Companies in the 5G Router Market
- Huawei Technologies
- Cisco Systems
- TP-Link Technologies
- NETGEAR
- ZTE Corporation
- Cradlepoint (Ericsson)
- Peplink
- Sierra Wireless
- Teltonika Networks
- AsusTek Computer Inc.
How big is the 5G router market : FAQs
The market was valued at USD 2.9 billion in 2024 and is projected to reach USD 11.4 billion by 2031 at a CAGR of 21.5%.
FWA-based routers, portable routers, and enterprise-grade 5G routers.
Remote work, smart devices, low-latency applications, and telco-led FWA services.
High device costs, compatibility concerns, and lack of consistent 5G coverage in certain areas.
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