TechNavio recognizes the following companies as the key players in Global Residential Gateway Market: Cisco Systems Inc., Comtrend Corp., Huawei Technologies Co. Ltd., Pace plc, and ZTE Corp.
Commenting on the report, an analyst from TechNavio’s team said: “In recent times, the network operators have shown a preference for residential gateways over basic routers. The trend is expected to continue during the forecast period. The increasing demand for quality and unconventional services, such as multiscreen display, are some of the factors encouraging the transition from basic routers to residential gateways. During the forecast period, the transition from broadband routers to residential gateways is expected to be in full swing.”
According to the report, Smartphones are the key factor driving the growth of data services. To support such a huge number of data-supported devices, telecom operators have to provide sufficient network infrastructure, which means exorbitant costs if traditional access network nodes are installed. The residential gateway is a lucrative option for operators, enabling easy deployment and cost benefits.
Further, the report states that one of the main challenges hindering the growth of this market is the factor impeding the growth of the smart homes systems. The Smart Homes Systems market is facing challenges, making the widespread adoption of residential gateways difficult in several markets
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-residential-gateway-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report – Global Residential Gateway Market 2014-2018
