The rapid growth of the concept of connected homes and the high demand for the smart home ecosystem is the major factor for the growth of the global Wi-Fi range extender market. Moreover, the demand for smart devices at home which require wireless routers is increasing rapidly and further boosting the overall Wi-Fi range extender market growth.The easy installation of the Wi-Fi and the benefits of costs with the purchase of an extender as compared to a Wi-Fi router which performs the similar functions of extending the Wi-Fi coverage is the major factor that is contributing to the growth of the global Wi-Fi range extenders market.
The rising usage of Wi-Fi in connecting wearable devices, home devices and the reduction of costs of hardware networks are the major factor for the overall market growth. Moreover, the increase in demand for the routers in the retail sector due to its properties including lower cost, high speed in the minimal effort is likely to create opportunities for the manufacturers to expand on the retail sector which ultimately augments the growth of the Wi-Fi router.
The increasing threats of security breaches are the major factor that is creating hurdles in the growth of the global Wi-Fi range extender market.
The major challenges that are hampering the growth of the global Wi-Fi range extender market are low awareness, high installation costs, incapacity to amply a signal from a distant source of internet in order to increase the efficiency of the wireless hotspot and, limitation of Wi-Fi extender devices in order to increase internet from the public hotspot. Cumulative Growth Analysis The North American region is expected to hold the maximum share in the global Wi-Fi range extender market. Most of the headquarters f the Wi-Fi range extender companies lies in the United States. The tests, launching of the products and services in the same countries are done by most of the companies before deployment and launching of the product globally. The rising demand for smart devices in the household, the shifts of focus on digitalization, and the adoption of new technology in this region are further boosting the demand for the Wi-Fi range extender market industry. Value Chain Analysis
According to the latest report, the global Wi-Fi Range Extender market is predicted to reach approximately USD 2Billion by the end of the year 2023 with a growth rate of 16% of CAGR between 2017 and 2023. A Wi-Fi range extender is a device that takes the signal from a wireless router point in order to expand the area of a Wi-Fi network. These devices are placed between the access point and the consumers who are not in range of the router base. Moreover, this Wi-Fi device helps in order to extend the range of the base router it creates new networks by picking up signals from existing networks in order to improve connectivity.
The major factor that is contributing to the growth of the global Wi-Fi range extender market sales is a rise in the use of smart devices across the globe and the rising adoption of advanced technologies. Apart from that, the development of the consumer industry of electronics and rapid expansion is another major factor that is responsible for the growth of the Wi-Fi range extender market around the globe. The advancement of smart cities raises the surge of the internet for open Wi-Fi systems from different healthcare, buyers, infrastructure management, and access to education, waste and water management, and safety and security which ultimately boost the demand for the global Wi-Fi range extender market. Moreover, the growing demand for open Wi-Fi systems in order to expand the Wi-Fi switches will further boost the demand for the Wi-Fi range extender market.
This report contains all the information on the global Wi-Fi range extender market trends, research, and market strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the global Wi-Fi range extender market analysis and forecast to 2023 is also included in the report.
Covid 19 Analysis
The covid 19 outbreak has affected the global economy of Wi-Fi range extender business mainly in three ways as by hampering the production and demand for the Wi-Fi range extender, by creating a financial impact on the firm and financial markets, and by creating disruption in the supply chain of the Wi-Fi range extender.
According to reports, the global Wi-Fi range extender market has been segmented on the basis of type, product, service, end-user, and region. On the basis of type, the global Wi-Fi range extender market has been segmented into indoor Wi-Fi, outdoor Wi-Fi, and transportation Wi-Fi. The outdoor Wi-Fi segment has counted the maximum share in the market due to its demand for increasing Wi-Fi connectivity. The rising investments in projects of smart cities are another factor for the growth of the outdoor Wi-Fi market. On the basis of product, the global Wi-Fi range extender market has been segmented into Wireless Local Area Network, Wireless Hotspot Gateways, Access Points, Repeaters, and Relays. On the basis of services, the global Wi-Fi range extender market had been segmented into Installation, Support & Maintenance, Survey & Analysis, and Network Planning & Design. On the basis of end-user, the global Wi-Fi range extender market has been segmented into BFSI, Manufacturing, Healthcare, Retail, IT & Telecommunication, Defense & Military, Oil & Gas, Transportation, Government, and Others. Segmentation Overview The market is segmented on the basis of the type, product, service, end-user, and region. The global Wi-Fi range extender market is expected to witness decent growth during the forecast period. By Application Based on the application, the market is segmented into indoor Wi-Fi, outdoor Wi-Fi, and transportation Wi-Fi By end-users Based on the propulsion types, the market is segmented into BFSI, Manufacturing, Healthcare, Retail, IT & Telecommunication, Defense & Military, Oil & Gas, Transportation, Government, and Others. Regional Analysis According to the reports, on the basis of region, the global Wi-Fi range extender market has been segmented into Asia Pacific, North America, Europe, and the rest of the world. The North America region is predicted to account for the largest Wi-Fi range extender market share due to the advancement in technical field and rise in use of smart devices in this region and on the other hand the Asia-pacific region is estimated to grow faster during the forecast period. Competitive landscape
The Wi-Fi range extender market is highly competitive with the presence of several key players who are running their business at an international and national level. The global Wi-Fi market is concentrated moderately and the key strategies adopted by the major key players of the market are innovations, launches of new products, and mergers & acquisitions. Major Key Players
Report Overview The following report comprises of –
- Cisco Systems, Inc. (U.S.)
- Alcatel-Lucent S.A. (France)
- Aruba Networks (U.S.)
- Ericsson (Sweden)
- Netgear, Inc. (U.S.)
- Ruckus Wireless, Inc. (U.S.)
- Juniper Networks (U.S.)
- Motorola Solutions, Inc. (U.S.)
- TP-Link (China)
- D-Link Corporation (Taiwan) among others.
- Market overview
- Covid 19 Analysis
- Market Dynamic
- Cumulative Growth Analysis
- Value Chain Analysis
- Segmentation Overview
- By Application
- By End-Users
- Regional Analysis
- Competitive landscape
Segments: Wi-Fi range extender market segments on the basis of the following: By Type
- January 2018: Netgear launched Nighthawk Pro Gaming Wi-Fi Routers with two flagship products to cut lag and enhance gameplay, which will help to increase the level of speed, performance, personalization, and contr
- Indoor Wi-Fi
- Outdoor Wi-Fi
- Transportation Wi-Fi
- Wireless Local Area Network
- Wireless Hotspot Gateways
- Access Points
By End User
- Support & Maintenance
- Survey & Analysis
- Network Planning & Design
- IT & Telecommunication
- Defense & Military
- Oil & Gas
- North America
- Latin America
- Rest of LATAM
- Western Europe
- Rest of the Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Australia and New Zealand (ANZ)
- Rest of APEJ
- The Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
Frequently Asked Questions (FAQ) :
Increasing demand for wireless network connectivity in residential and commercial applications is expected to expand the Wi-Fi range extender market.
The Wi-Fi range extender market is poised to register 16% CAGR.
The Wi-Fi range extender market is poised to value at around USD 2 Bn by 2023.
The segments of the Wi-Fi range extender market, by type, are indoor Wi-Fi, transportation Wi-Fi, and outdoor Wi-Fi.
Asia Pacific is prognosticated to expand at the highest CAGR in the Wi-Fi range extender market across the assessment period.