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The global cellular router market is expected to grow to US$ 1,639.4 million by 2025 from US$ 565.1 million in 2017NEW YORK, March 19, 2019 /PRNewswire/ -- The global cellular router market is expected to grow to US$ 1,639.4 million by 2025 from US$ 565.1 million in 2017, growing at a CAGR of 14.4%. The cellular routers are the category of routers that provide connectivity for devices over the cellular data network. These devices are considered to be an economic alternative to landlines either for backup or primary connectivity at remote locations. These devices are being widely certified by the key wireless services providers present globally. Some of these service providers include Verizon Wireless, AT&T, Sprint, Rogers, Bell Mobility, and Vodafone. Geographically, the cellular router market is currently dominated by North American countries especially by the US, however, the market is expected to be in favor of APAC and Europe, which is anticipated to witness remarkable M2M infrastructure and connected infrastructure over the coming years.Besides this, the Middle-East region shows significant growth rate in near future due to growing industrialization, rising connected devices, and government support in the smart city and smart infrastructure deployment. These factors would help overall development as well as the growth of the cellular router market. The overall cellular router market size has been derived using both primary and secondary source.The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the cellular router market. It also provides the overview and forecast for the global cellular router market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.Also, the primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the cellular router industry. Reasons to Buy 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 across the value chain 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 client products, segmentation, pricing and distribution Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America. Read the full report: https://www.reportlinker.com/p05653771/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-global-cellular-router-market-is-expected-to-grow-to-us-1-639-4-million-by-2025-from-us-565-1-million-in-2017--300814975.html SOURCE Reportlinker |