Wi-Fi Signal Booster Market, by Type (Indoor, Outdoor), Application (Residential, Enterprise, Commercial, Public, Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).
Wi-Fi Signal Booster Market, by Type (Indoor, Outdoor), Application (Residential, Enterprise, Commercial, Public, Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)....
A Wi-Fi signal booster extends Wi-Fi network coverage space by amplifying the existing signals. It is a unique solution that works by pulling in an existing weak Wi-Fi from the transmitter. It then boosts it before broadcasting the transmission to more spaces where it’s required.
Growing demand for internet connectivity is a key factor propelling market growth. The technological developments in wireless technology are driving product demand. Wi-Fi signal booster is gaining traction among users as it offer high-speed internet connectivity as well as avoid traffic congestion to wireless devices, thus augments the industry growth. In addition, it has been developed for mobile computing devices such as laptops and TV sets, which offers ample growth opportunities to industry players.
The COVID-19 outbreak has moderately affected the Wi-Fi Signal Booster industry. The COVID-19 outbreak has positively influenced the extenders industry. Surging cases of coronavirus infections have resulted in social distancing and lockdown norms in various countries across the globe to curb the spread of the virus. This has resulted in work from home policies as well as online education for the students which creates a demand for high-speed internet and Wi-Fi services, thus augmenting the extenders market growth during the pandemic.
Key Players
Key players operating in the Wi-Fi signal booster market are:
"The residential segment accounted for the largest market share."
The Wi-Fi signal booster market is categorized into residential, enterprise, commercial, public, and others. The residential segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. This is mainly attributed to the surging demand for laptops, TV sets, and smartphones, among the millennial population. Also, the advent of smart cities & smart homes is growing tremendously and transforming modern life, further bolstering the segment growth.
Regional Analysis
"North America accounted for the largest market share."
The North American market accounted for the largest share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly ascribed to the increasing number of devices per household, the growing focus on digitalization, the presence of key product manufacturers, the strong growth of smart homes, and rising adoption of new technology, which further proliferates regional market growth.
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In-depth analysis of the Wi-Fi Signal Booster Market
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Market forecast and trend data and emerging trends
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Global, regional and country level historical data and forecasts
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Market segment analysis and forecast
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Porter’s five forces analysis, PEST analysis, Life cycle analysis
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This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
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A Wi-Fi signal booster extends Wi-Fi network coverage space by amplifying the existing signals. It is a unique solution that works by pulling in an existing weak Wi-Fi from the transmitter. It then boosts it before broadcasting the transmission to more spaces where it’s required.
Wi-Fi signal booster market are Netgear, Inc. (US), Juniper Networks, Inc. (US), Ruckus Wireless, Inc. (US), Motorola Solutions, Inc. (US), Cisco Systems, Inc. (US), Alcatel-Lucent S.A. (France), Eriksson (Sweden), D-Link Corporation Incorporated (Taiwan), TP-LINK Technologies Co., Ltd. (China), and Aruba Networks (US) are among the key players in the Wi-Fi signal booster market.