Category : ICT | Published at : June-2020 | Delivery Format : PDF | Status: Published | Pages : 190
The global Wi-Fi Boosters market is expected to grow at a CAGR of around 17.2% from 2020 to 2027 and expected to reach the market value of around US$ 6,580.4 Mn by 2027.
Wi-Fi Boosters are used to extend Wi-Fi network coverage by boosting or amplifying existing signals. It’s a unique solution that enables all wireless devices within its coverage to connect to the internet or similar wireless network. It’s a beneficial solution for boosting signals in a distant room while spending less cost.
Market Dynamics
The increasing adoption of advanced wireless network devices along with the rising internet penetration is driving the market growth. The rapidly growing demand for robust network infrastructure coupled with the increasing use of smart devices in residential places and enterprises is supporting the market value. The rising trend of BYOD, or bring your own device is the corporate world is additionally propelling the market growth. Moreover, the emerging economies and increasing penetration of network devices in underdeveloped and some of the developing economies are anticipated to provide potential opportunities over the estimated period from 2020 to 2027.
On the other hand, the lack of network security and interference objects that can hamper the signal strengths are projected to limit the growth over the forecast timeframe.
Outdoor Wi-Fi segment accounted for the major share
By type, the outdoor Wi-Fi segment has registered a maximum share (%) in the global market in 2019. The segment is also projected to experience potential growth over the estimated timeframe from 2020 to 2027. These applications are perfect for extending the wireless internet in places such as a campground is supporting the segmental market value.
The market research study on “Wi-Fi Boosters Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027”, offers a detailed insight into the global Wi-Fi boosters market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global Wi-Fi boosters market, its type, component, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global Wi-Fi boosters market size and volume, and segment markets by type, component, application, and geography along with the information on companies operating in the market. The Wi-Fi boosters market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
North America accounted for the major share in the global market
In 2019, North America has registered maximum share in the Wi-Fi boosters market and the region is also projected to maintain its dominance over the forecast timeframe from 2020 to 2027. The presence of advanced technological solutions, well-established infrastructure for connected solutions, and developed industrial sectors including healthcare and automotive among others are supporting the regional market value. Furthermore, Asia Pacific is projected to exhibit the fastest growth throughout the forecast timeframe from 2020 to 2027. The developing economies such as China and India are majorly supporting the regional market value. The increasing disposable income, internet penetration, the emergence of advanced technology solutions as well as the increasing trend of the smart home is urban areas are the factors accelerating the market value.
The players profiled in the report include Alcatel-Lucent S.A. (France), Aruba Networks (U.S.), Cisco Systems, Inc. (U.S.), D-Link Corporation (Taiwan), Ericsson (Sweden), Juniper Networks (U.S.), Motorola Solutions, Inc. (U.S.), Netgear, Inc. (U.S.), Ruckus Wireless, Inc. (U.S.), TP-Link (China), and others. The manufactures are investing in advance technologies for the market share expansion and for gaining competitive advantage.
Market Segmentation
Market By Type
- Indoor Wi-Fi
- Outdoor Wi-Fi
Market By Component
- Solution
- Services
Market By Application
- Residential
- Enterprise
Market By Geography
North America
- U.S
- Canada
Europe
- UK.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
Wi-Fi Boosters are used to extend Wi-Fi network coverage by boosting or amplifying existing signals.
Indoor Wi-Fi and Outdoor Wi-Fi are two types of Wi-Fi Boosters.
Acumen Research and Consulting says that the Wi-Fi boosters market is expected to reach a market value of around US$ 6,580.4 Mn by 2027.
The Wi-Fi Boosters market is expected to grow at a CAGR of around 17.2% from 2020 to 2027.
Outdoor wi-fi is the leading segment by type in the Wi-Fi boosters market.
The increasing adoption of advanced wireless network devices, the rising internet penetration, rapidly growing demand for robust network infrastructure, increasing use of smart devices in residential places and enterprises, and rising trend of BYOD or bring your own device are some of the factors driving the market growth.
Alcatel-Lucent S.A. (France), Aruba Networks (U.S.), Cisco Systems, Inc. (U.S.), D-Link Corporation (Taiwan), Ericsson (Sweden), Juniper Networks (U.S.), Motorola Solutions, Inc. (U.S.), Netgear, Inc. (U.S.), Ruckus Wireless, Inc. (U.S.), TP-Link (China), and others are the prominent players the market.
