Global Wi-Fi Range Extender Market Size, Trends and Growth Opportunity, By Type (Indoor Wi-Fi, Outdoor Wi-Fi), Product (Extenders and Repeaters, Access Points, Antennas), End-user Vertical (Residential, Enterprise, Commercial), By Region and Forecast Till 2027.
Global Wi-Fi Range Extender Market
The Global Wi-Fi Range Extender Market was valued at US$3600 million in 2021 and it is expected to reach at US$5909 million in 2027 at a CAGR of 6.79% during forecast period 2022-2027.
A Wi-Fi range extender is a gadget that increases a Wi-Fi router's current coverage area's internet connectivity. Devices that enhance Wi-Fi range include extenders, repeaters, and boosters. The signal is received from the Wi-Fi router, amplified, and then transferred by the Wi-Fi range extender. Using a Wi-Fi range extender device will allow you to increase the coverage area of the Wi-Fi router by twofold.
Market Drivers
The Wi-Fi range extender industry is expanding as a result of factors such as high internet penetration and an increase in connected devices. Popular electronic devices include smartphones, televisions, and computers. All of these technological devices in the modern, digital world need internet access in order to carry out their functions or for entertainment. The market for Wi-Fi range extenders is expanding as a result of the requirement to access the internet from anywhere in the home or business.
Market Restraints
When using a Wi-Fi range extender, the signal quality is reduced. As the signal strength drops, the internet speed also does. The market's expansion is restricted by this element.
Market Segmentation
The global Wi-Fi range extender market is segmented into type, product and end user. By type it segmented into indoor Wi-Fi, outdoor Wi-Fi. By product it segmented into extenders and repeaters, access points, antennas. By end-user vertical it segmented into residential, enterprise, commercial.
Regional Analysis
The global Wi-Fi range extender market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The North American region is predicted to lead the Wi-Fi range extender market share due to technical advancements and a rise in the use of smart devices in this region. The Asia-Pacific region is expected to grow more rapidly during the projected period as a result of the rising number of internet users in this area.
Key Players
Various key players are listed in this report such as 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)
Market Taxonomy
By Type
Indoor Wi-Fi
Outdoor Wi-Fi
By Product
Extenders and Repeaters
Access Points
Antennas
By End User
Residential
Enterprise
Commercial
Key Question Addressed by the Report
What are the Key Opportunities in Global Wi-Fi Range Extender Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
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