Global Wi-Fi Range Extender Market to Reach $3.1 Billion by 2030
The global market for Wi-Fi Range Extender estimated at US$1.6 Billion in the year 2023, is expected to reach US$3.1 Billion by 2030, growing at a CAGR of 9.6% over the period 2023-2030. Wi-Fi Extender, one of the segments analyzed in the report, is expected to record 10% CAGR and reach US$2.1 Billion by the end of the analysis period. Growth in the Repeater segment is estimated at 8.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $493.8 Million, While China is Forecast to Grow at 8.7% CAGR
The Wi-Fi Range Extender market in the U.S. is estimated at US$493.8 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$520.9 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook