Albany, NY -- (SBWIRE) -- 08/07/2017 -- It has been noticed that the increase in demand for smartphones, tablets and other connected devices such as security systems, televisions and smart lighting is anticipated to drive the demand for home networking devices in the coming years. Hence, the demand for home networking devices is also likely to increase as a result of increasing need for product replacement and better internet bandwidth requirements. To study the market further, a new report has been included in the wide repository of Market Research Reports Search Engine (MRRSE). The research study is titled "Home Networking Device Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023", which includes information about the present status of the sector with a focus on market overview as well as market dynamics. The report also encloses a forecast analysis, with estimates that the global home networking device market is expected to increase at a CAGR of 10.1% during the forecast period between 2015 and 2023.

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The initial section of the report discusses the scope as well as research methodology. Further, the readers can access information related to key trend analysis and market dynamics, which cover drivers, restraints, and opportunities. As the report moves ahead, the global home networking device market is segmented on the basis of solution and component. Further, the solution segmentation comprises wired and wireless home networking devices. Moving deeper, wired and wireless devices are also divided on the basis of technology into the powerline, network line, Wi-Fi and, ZigBee and Z-Wave. To be more precise, the component segmentation includes a complete range of products needed for the functioning of a home network. Hub and switch, extender, router, adapter, and wireless access point (WAP) are the targeted products enclosed under this segmentation.

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As the report proceeds, the readers can check out the geographical segmentation, which analyzes the various market regions on the basis of revenue and volume generation. The home networking device market in segregated into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America. In the later section, prominent manufacturers are highlighted with information related to major business strategies and recent developments. Some of the major players from the home networking devices market include Belkin International, Inc., Actiontec Electronics, Inc., D-Link Corporation, Netgear, Inc., Devolo AG, TP-Link Technologies Co., Ltd., ZyXEL Communications Corp. and Huawei Technologies Co. Ltd.

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