Wireless Industrial Router Market Expected to Hit $14.7 Billion by 2032
New York, Thursday, 17 July 2025.
The wireless industrial router market, driven by automation and IoT demand, is projected to grow from $7.9 billion in 2022 to $14.7 billion by 2032, offering significant opportunities in industrial communications.
Market Drivers: IoT and Automation
The wireless industrial router market is experiencing significant growth driven by the adoption of the Industrial Internet of Things (IIoT) and the increasing need for reliable, secure connectivity. These routers play crucial roles in applications such as industrial automation, remote monitoring, and IIoT integration, supporting various technologies like edge computing [1]. As industries continue to automate processes, the demand for advanced connectivity solutions will only increase, positioning this market for robust growth.
Market Challenges and Opportunities
Despite the positive growth trajectory, the wireless industrial router market also faces challenges, particularly related to cybersecurity concerns that arise with increased connectivity. The market’s segmented nature, with modular routers and various frequency bands, presents both challenges and opportunities for manufacturers to innovate and capture different market segments. Dual-band routers, for instance, have shown significant market dominance and are expected to continue growing at a substantial CAGR [1].
Impact on the Broader Economy
The expansion of the wireless industrial router market is expected to have a substantial impact on the global economy. By facilitating improved communication and data transmission in industrial settings, these routers enhance operational efficiency and productivity, contributing to economic growth. As enterprises leverage advanced wireless technologies to streamline operations, the ripple effects can be felt across various sectors, notably in manufacturing and logistics [1][3].
Future Outlook
Looking ahead to 2032, the wireless industrial router market is projected to reach a valuation of $14.7 billion, representing significant growth from its 2022 valuation of $7.9 billion. This represents a compound annual growth rate (CAGR) of 6.5% from 2023 to 2032 [1]. The ongoing evolution in industrial communication technologies will further empower this market, ensuring that key players remain pivotal in shaping the future landscape.