Global Wi-Fi Range Extender Market - Segmented by Type, Product, Services (Implementation, Strategy and Analysis, Planning, Designing and Assessment), End-user Vertical, and Region - Growth, Trends, and Forecasts (2018 - 2023)

Global Wi-Fi range extender market is analyzed to register a CAGR of 16.4%, during the forecast period (2018 - 2023). WI-FI range extender expands the coverage area of the WI-FI network. It gathers the existing signal from a WI-FI router, enhances it, and then re-broadcasts it to create another network. Rapid Urbanization, increasing telecom subscriber base and increasing smart-city concept are a few factors driving the growth of WI-FI range extender market while high costs of implementation is inhibiting its growth rate.

Proliferation in Smart City and Smart Homes

Smart Cities and Smart Homes are on their way to transform modern life. Smart home is referred to define a residence that has smart products/devices, such as security systems, entertainment systems, air conditioners, televisions, and many more. Smart products/devices are required to be connected to internet to work and thus, requires WI-FI range extenders. The overall demand of smart products is poised to increase owing to technological innovations, consumer interest, and greater accessibility.

North America To Account For The Largest Market Share

North America is pioneer in this market and is expected to hold the largest share. Most of the WI-FI range extender companies are headquartered in the US. Moreover, most of the companies pilot their products and services in the country before global launch and deployment. With the number of devices per household Fast adoption of new technology and growing focus towards digitalization is augmenting the growth of WI-FI range extender market.

Key Developments In The Market

• October 2017 - Netgear introduced a new category of Mesh WiFi Range Extenders with the Nighthawk® X4S Wall-Plug AC2200 Tri-band WiFi Range Extender with FastLane3™ and Smart Roaming (EX7500). These extenders provide enhanced WiFi coverage and increased speeds for connected mobile devices even at the farthest corners
• February 2017 - TP LINK introduced new wireless range extenders- TL-WA820RE. The consumer just needs to plug into a power adapter, power strip, power bank or computer to extend Wi-Fi

Major Players - HUAWEI CORPORATION, CISCO SYSTEMS INC., ALCATEL-LUCENT INC, NETGEAR INC., ARUBA NETWORKS, TP-LINK, XIAOMI INC, GOOGLE LLC, TECHNICOLOR INC, JUNIPER NETWORKS, amongst others.

Reasons To Purchase This Report

• To know how the rapid urbanization acts as a driver to the global market scenario
• To analyze various market perspectives, with the help of Porter’s five forces analysis
• To know which of the regions is expected to witness the fastest growth rate during the forecast period
• To identify the latest developments, market shares, and strategies that are employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in excel)

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