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.
In this fast world of technology, the Wi-Fi range market is estimated to display significant growth during the review period. A Wi-Fi range extender improves Wi-Fi coverage. It assists clients who have limited access to the base router or the Wi-Fi access point.
The most important factors driving the expansion of the Wi-Fi extender market 2020 are the increased use of smart devices, increased adoption of developed technologies. Robust expansion and advancement of the consumer electronics sector is another factor responsible for the expansion of the Wi-Fi range extender market. The continuous change in trends and increased demand for customized vehicle is bringing an impact on the expansion of the market.
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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).
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The regional analysis of the Wi-Fi extender market has been done for regions like Asia-Pacific, North America, Europe and the Rest of the World (RoW).
As per the analysis, the North American market is likely to seize the maximum share of the global Wi-Fi range extender market. The major factor which flourished the North American market is the technical development and increased usage of smart devices. Countries like the U.S and Canada are likely to bring an impact on the growth of the Wi-Fi extender market. It is due to the existence of a large number of key players of the Wi-Fi range extender market the region. Moreover, the region consists of well-established infrastructure and allows higher penetration of equipment, the increased adoption of developed technologies is another major factor for the growth of Wi-Fi range extender market.
The APAC is estimated to expand at the fastest pace during the review period. With the presence of emerging economies like India, Japan, and China, the market is expected to flourish and fetch profits. The APAC region is a lucrative land due to the countries which are well-equipped with technology.
The most eminent entities the global Wi-Fi range extender market are D-Link Corporation (Taiwan), Alcatel-Lucent S.A. (France), Cisco Systems, Inc. (U.S.), Aruba Networks (U.S.), Netgear, Inc. (U.S.), Ericsson (Sweden), Ruckus Wireless, Inc. (U.S.), Motorola Solutions, Inc. (U.S.), Juniper Networks (U.S.), TP-Link (China) and few others.
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