Global “Wi-Fi Range Extender Market” 2020: – Wi-Fi Range Extender Market report intends to offer inside and out data about Wi-Fi Range Extender industry with market outlook, trends, business strategies and future prospects of industry. It includes this market status with some changing size and trends which will affect the market rate of growth. Wi-Fi Range Extender market report covers the many growth prospect over the approaching years. Likewise, it studies market new product analysis, strategies, financial overview and trends. Wi-Fi Range Extender market report also offers a summary of revenue, sales, product demand, and provide of knowledge, cost, and growth analysis during the forecast year 2023.
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The Wi-Fi range extender market is expected to register a CAGR of 16.44% during the forecast period (2019 – 2024). The market is expected to witness robust growth over the forecast period, primarily due to the growing demand for internet access and the increasing number of consumer electronics devices across the globe, primarily in the residential sector.
Top Manufacturers Listed in the Wi-Fi Range Extender Market Report are:
Detailed Overview about Wi-Fi Range Extender Market:
– The ease of installation merged with the cost benefits associated with the purchase of an extender as compared to adding another Wi-Fi router, essentially performing the same function of extending the Wi-Fi coverage, are the major advantages playing a vital role in increasing the sales of the Wi-Fi range extenders mostly in the commercial and residential sectors.
– The rapid growth of the connected homes concept and the emergence of the smart home ecosystem are among the other major factors expected to boost the growth of the market.
– The emergence of the BYOD trend in the corporate sector has further propelled the use of wireless routers in the commercial space.
– Additionally, the demand for the wireless routers is rising from the growing consumer preference towards the installation of smart devices in their homes, such as smart TVs, smartphones, and tablets, among a host of lot other appliances.
Scope of the Report:
A Wi-Fi range expander or a Wi-Fi Booster is a communication device that repeats the wireless signal from the base router to expand the Wi-Fi coverage. It basically functions as a bridge, capturing the WiFi from the base router and rebroadcasting it to areas where the Wi-Fi signal is weak or nonexistent, improving the performance and range of Wifi router.
Key Market Trends:
The proliferation of Smart City and Smart Home Applications to Drive the Market Growth
– Smart cities and smart homes are growing tremendously to transform modern life. The smart home is defined as a residence that has installed smart products/devices, such as smart security systems, smart entertainment systems, air conditioners, smart televisions, and many more devices.
– With the rapid increase in the sales of smart home devices, the Wi-Fi range extender market is poised to grow further.
– Smart products/devices which are used in the smart homes/offices are required to be connected to the internet to work seamlessly and thus, requires Wi-Fi range extenders for increased range of a normal Wi-Fi router. The overall demand for smart products is poised to increase owing to technological innovations, consumer interest, and greater accessibility.
– A smart city consists of smart systems like smart traffic system, smart buildings, smart water management, smart waste management and a couple of IoT devices among others which needs an internet connection to provide useful data to keep track of the resources, which is expected to boost the market studied.
North America to Hold the Largest Market Share
– North American region is a pioneer in the Wi-Fi range extender market and is expected to hold the largest share.
– Most of the major Wi-Fi range extender companies are headquartered in the United States.
– Moreover, most of the companies test and launch their products and services in the country before the global launch and deployment of the product.
– With the growing number of devices per household, fast adoption of new technology and growing focus towards digitalization, the region is boosting the growth of Wi-Fi range extender market.
– Also, one of the major major factor contributing towards the growth of the Wi-Fi extender market is the increased utilization of wireless service among various end-users in the region. The Wi-Fi extender is primarily used in the US due to a large number of residential users adopting connected device technology.
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Moreover, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states Wi-Fi Range Extender market trend, import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions, and other regions can be added.Wi-Fi Range Extender market forecast For the period of 2020-2023, this study provides the Wi-Fi Range Extender sales, revenue and market share for each player covered in this report.
Reasons to Purchase the Wi-Fi Range Extender Market Report:
– The report analyses how the shift towards safety will drive the global Wi-Fi Range Extender market.
– Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
– Study on the product type that is expected to dominate the market.
– Study on the regions that are expected to witness fastest Wi-Fi Range Extender Market growth during the forecast period.
– Identify the latest developments,Wi-Fi Range Extender market shares and strategies employed by the major market players.
– Analyzing what will be the Wi-Fi Range Extender Market size.
Major Points from Table of Contents:
1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Market Overview4.2 Introduction to Market Drivers and Restraints4.3 Market Drivers4.3.1 Increasing Telecom Subscriber Base4.3.2 Proliferation of Smart Cities and Smart Homes4.3.3 Adoption of Bring-Your-Own-Device (BYOD)4.4 Market Restraints4.4.1 High Costs of Installation4.4.2 Security and Privacy Concerns4.5 Value Chain Analysis4.6 Industry Attractiveness – Porter’s Five Force Analysis4.6.1 Threat of New Entrants4.6.2 Bargaining Power of Buyers/Consumers4.6.3 Bargaining Power of Suppliers4.6.4 Threat of Substitute Products4.6.5 Intensity of Competitive Rivalry5 MARKET SEGMENTATION5.1 By Type5.1.1 Indoor Wi-Fi5.1.2 Outdoor Wi-Fi5.2 By Product5.2.1 Extenders and Repeaters5.2.2 Access Points5.2.3 Antennas5.3 By End-user Vertical5.3.1 Residential5.3.2 Enterprise5.3.3 Commercial5.3.4 Public5.3.5 Other End-user Verticals5.4 Geography5.4.1 North America5.4.2 Europe5.4.3 Asia-Pacific5.4.4 Latin America5.4.5 Middle East and Africa6 COMPETITIVE LANDSCAPE6.1 Company Profiles6.1.1 Alcatel-Lucent S.A. (Nokia Corporation)6.1.2 Cisco Systems Inc.6.1.3 Huawei Technologies Co. Ltd.6.1.4 NETGEAR Inc.6.1.5 Aruba Networks (Hewlett Packard Enterprise Development LP)6.1.6 TP-Link Technologies Co., Ltd.6.1.7 Ericsson Inc.6.1.8 Juniper Networks, Inc.6.1.9 Ruckus Wireless, Inc.6.1.10 Motorola Solutions Inc.7 INVESTMENT ANALYSIS8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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