Wifi booster market Gross Margin, Trend, Future Demand, Industry Share, Analysis by Top Leading Player and Forecast Till 2027

Market Overview

The Wi-Fi booster market is expected to surpass the market value of over USD 3115.25 million by the year 2023 while registering a CAGR of 18.06% during the forecast period. The market is expected to witness robust growth over the forecast period due to the growing demand for internet access and the increasing number of consumer electronics devices worldwide, primarily in the residential sector. The ease of installation, and other rising factors, along with the cost benefits associated with the purchase of an extender compared to adding another wifi router, essentially helpful in performing the same function of extending the wifi coverage, is a major advantage that plays a vital role in increasing the sales of the wifi range extenders, mostly in the commercial and residential sectors.

The trends like 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 market’s growth. The emergence of the BYOD trend majorly in the corporate sector has further propelled owing to the use of wireless routers in the commercial space. Additionally, the demand for wireless routers is rising from the growing consumer preference for installing smart devices in their homes, such as smart TVs, smartphones, and tablets, among a host of lot other appliances.

Request for FREE sample of the report@ https://www.marketresearchfuture.com/sample_request/4037

Market Segmentation

A wifi range expander is another name for a wifi Booster. It is a communication device that repeats the wireless signal from the base router to expand the wifi coverage. It functions as a bridge, capturing the wifi from the base router and rebroadcasting it to areas where the wifi signal is weak or nonexistent, improving the performance and range of the wifi router.

By type, the global market is segmented into indoor and outdoor wifi.

The market has extenders, repeaters, antennas, and access points by product.

By end-user vertical, the market is home to the public sector, residential, enterprise, and commercial ones, amongst other end-users.

Buy now@ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=4037

Regional Analysis

The North American region is emerging as a pioneer in the wifi booster market and is expected to hold the largest share. Most of the major wifi booster companies are headquartered in the United States North America. Moreover, most companies test and launch their products and services in the country before a global launch and deployment of the product. With the growing number of devices used per household, fast adoption of new technology, and growing focus on digitalization, the participating region is boosting the growth of the wifi range extender market. Also, one of the major, major factors contributing to the growth of the wifi extender market is the increased utilization of wireless service among various end-users in the region. A wifi extender is primarily used in the United States for many residential users adopting connected device technology.

Industry News

The wifi booster market is highly concentrated, with many players running their business at a national and international level. The market is moderately concentrated, and the key strategies adopted by some of the major players are product innovation and mergers and acquisitions. Some of the major players in the globally functional market are as follows:

• Alcatel-Lucent SA
• Juniper Networks
• Cisco Systems Inc.
• Ericsson Inc.
• Huawei Technologies Co. Ltd

In January 2018, one of the players – Netgear launched Nighthawk Pro Gaming wifi Routers with two flagship products to cut lag and enhance gameplay, which will help to increase the level of speed, and performance, personalization, and control.

Read more@ https://www.marketresearchfuture.com/reports/wi-fi-booster-market-4037

Table of content:

1 Introduction

1.1 Definition

1.2 Scope Of The Study

1.3 Assumptions

1.4 Market Structure

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

2.4.1 Market Data Collection, Analysis & Forecast

2.4.2 Market Size Estimation

2.4.3 Market Crackdown & Data Triangulation

3 Market Dynamics

3.1 Drivers

3.1.1 Increasing Adoption Of Advanced Wireless Technology And Internet Penetration

3.1.2 Growing Demand For Robust Network Infrastructure

3.1.3 Increasing Use Of Smart Devices

3.2 Restraints

3.2.1 Interference From Object Hampers The Signal Strengths

3.2.2 Lack Of Network Security

4 Market Factor Analysis

4.1 Porter’s Five Forces Analysis

4.2 Supply Chain Analysis

5 Wi-Fi Boosters Market, By Components

5 Wi-Fi Boosters Market, By Components

5.1 Overview

5.2 Market By Sub-Segment

5.2.1 Solution

5.2.2 Service

6 Wi-Fi Booster Market, By Types

Continued…

Related Reports:

Tags: Wifi booster market Trend, Wifi booster market Share, Wifi booster market Size See Campaign: https://www.marketresearchfuture.com/reports/wi-fi-booster-market-4037

Contact Information:

Contact: Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: [email protected] Website: https://www.marketresearchfuture.com

Tags:
Wire, Research Newswire, English