Wi-Fi Range Extender Market Emerging Technologies, Trends, Business Opportunities and Forecasts to 2027 | Coronavirus Effects
Market Highlights
The Wi-Fi range extender market size is predicted to touch USD 2 billion
at a 16% CAGR between 2017- 2023, states the recent Market Research Future
(MRFR) analysis. 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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Segmentation:
The MRFR report highlights an inclusive segmental analysis of the global
Wi-Fi range extender market based on end user, service, product, type.
By type, the global Wi-Fi range extender market is segmented into
transportation Wi-Fi, outdoor Wi-Fi, and indoor Wi-Fi. Of these, the Wi-Fi
sector will lead the market over the forecast period. Increased demand for
rising Wi-Fi connectivity and rising investments in smart city projects are
adding to the growth of the segment.
By product, the global Wi-Fi range extender market is segmented into
relays, repeaters, access points, wireless hotspot gateways, and wireless local
area networks.
By service, the global Wi-Fi range extender market is segmented into
network planning and design, survey and analysis, and installation, support and
maintenance.
By end user, the global Wi-Fi range extender market is segmented into
government, transportation, oil and gas, defense and military, IT and
telecommunication, retail, healthcare, manufacturing, BFSI, and others.
Regional Analysis
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.
Key Players
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 2027
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