Wi-Fi Range Extender Market Research Report- Forecast till 2027
As per the analysis by Market Research Future Reports (MRFR), the global Wi-Fi range extender market is expanding at a face pace and thriving at the CAGR f 16%. It has been expected to value approximately USD 2 billion by the end of the review period from 2017 to 2023. Wi-Fi range extender, simply put, is a form of a wireless repeater that is used for expanding the capacity and reach of a wireless LAN. It is placed amidst a client and a base router/access point that is quite far to get acceptable service or is on the other part of the barrier. This extender picks the signal as well as retransmits or resends it and thus connects sans any wired connectivity. They are beneficial for people having weak signal or very limited access. Transportation Wi-Fi, outdoor Wi-Fi, and indoor Wi-Fi are the different types of Wi-Fi range extenders that have wide applications in government, transportation, oil and gas, defense and military, IT and telecommunication, retail, healthcare, manufacturing, BFSI, and others.
Various factors are propelling the global Wi-Fi range extender market share. According to the recent MRFR report, such factors include the growing adoption of Wi-Fi services, rising efforts from device vendors and service providers to prevent problems like slow internet speeds and poor signal quality, growing adoption of Wi-Fi extenders among people residing in high rise buildings that are closely packed and do not receive proper network, increasing use during the COVID-19 pandemic, and advances in smart cities.
On the contrary, low awareness and high device installation costs may hinder the global Wi-Fi range extender market growth over the forecast period.
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The global Wi-Fi range extender market can be segregated on the basis of type, product, service, end-user, and region.
On the basis of type, the global Wi-Fi range extender market can be divided on the basis of indoor Wi-Fi, outdoor Wi-Fi, and transportation Wi-Fi. Between these two sectors, the Wi-Fi sector is more popular in the range extender market due to the increased demand for increasing the Wi-Fi connectivity. Rising investments in smart city projects is another crucial factor that leads to the expansion of the outdoor Wi-Fi market.
On the basis of product, the global Wi-Fi range extender market can be segregated on the basis of wireless local area networks, wireless hotspot gateways, access points, repeaters, and relays.
On the basis of service, the global Wi-Fi range extender market can be segregated on the basis of installation, support and maintenance, survey and analysis, and network planning and design.
On the basis of end-user, the global Wi-Fi range extender market can be segregated on the basis of BFS, manufacturing, healthcare, retail, IT and telecommunication, defense and military, oil and gas, transportation, government, and others.
On the basis of region, the global Wi-Fi range extender market can be segregated into North America, Asia-Pacific, Europe, and the Rest of the World (RoW).
By region, the global Wi-Fi range extender market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Rest of the World (RoW). Among these, North America will stay at the forefront over the forecast period. Technical development, increased uses of smart devices, presence of several key players, well-established infrastructure, higher penetration of Wi-Fi range extenders, and increased use of developed technologies are adding to the global Wi-Fi range extender market growth in the region.
The global Wi-Fi range extender market in the APAC region is predicted to grow at a fast pace over the forecast period. The presence of several emerging economies like China, Japan, and India, coupled with countries that are well-equipped with technology, are adding to the global Wi-Fi range extender market growth in the region.
The global Wi-Fi range extender market in Europe is predicted to have sound growth over the forecast period, and in the Rest of the World is predicted to have steady growth over the forecast period.
Eminent players profiled in the global Wi-Fi range extender market report include TP-Link (China), Juniper Networks (U.S.), Motorola Solutions, Inc. (U.S.), Ruckus Wireless, Inc. (U.S.), Ericsson (Sweden), Netgear, Inc. (U.S.), Aruba Networks (U.S.), Cisco Systems, Inc. (U.S.), Alcatel-Lucent S.A. (France), D-Link Corporation (Taiwan), and others.
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Global Wi-Fi Range Extender Market, By Type (Indoor Wi-Fi, Outdoor Wi-Fi, Transportation Wi-Fi), By Product (Wireless LAN, Wireless Hotspot Gateways, Access Points, Repeaters, Relays), By Service and By End User - Forecast 2023
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