Global Wi-Fi Booster Market: Synopsis
The detailed report published by Market Research Future (MRFR) projects that the global Wi-Fi booster market is marked to exhibit remarkable expansion at a CAGR of 18.06% during the forecast period from 2017 to 2023.
The global Wi-Fi Booster Market Analysis is also anticipated to reach the market valuation of USD 3,155.25 Mn by the end of the review period. Rapid automation of industries, high adoption of smart devices for personal and commercial uses, increased popularity of internet serving, optimized internet connectivity as a result of increased adoption of smart devices and smartphones, easy incorporation of advanced technology, increased penetration of smart phones, availability of advanced devices at affordable prices and rise in demand for high speed internet connection are majorly propelling the growth of the global Wi-Fi booster market.
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Global Wi-Fi Booster Market: Key Players
The key players profiled by Market Research Future (MRFR) that are operating in the global Wi-Fi booster market are Netgear, Inc. (the U.S.), Ruckus Wireless, Inc. (the U.S.), Juniper Networks (the U.S.), Motorola Solutions, Inc. (the U.S.), Cisco Systems, Inc. (the U.S.), Alcatel-Lucent S.A. (France), Aruba Networks (the U.S.), Ericsson (Sweden), D-Link Corporation (Taiwan), TP-Link (China), and others. The players in the global Wi-Fi booster market are introducing innovative products in order to expand their businesses and sustain the competition in the global Wi-Fi booster market during the assessment period. For instance, in May 2018, TAlkTalk, a residential broadband internet service provider, has announced the launch of a new device that combines Wi-Fi extender and powerline adapter.
Global Wi-Fi Booster Market: Segmental Analysis
The global Wi-Fi Booster Market Analysis has been segmented on the basis of type, services, and solution. Based on type, the global Wi-Fi booster market has been segmented into indoor, and outdoor. Among these types of Wi-Fi booster, the outdoor segment commands for the dominant share of the global Wi-Fi booster market. It has generated the revenue of USD 682.26 Mn in the year 2017 and is anticipated to project expansion at a CAGR of 16.49% during the assessment period. Based on services, the global Wi-Fi booster market has been segmented into specialty installation, support & maintenance, network design, others. Based on solution, the global Wi-Fi booster market has been segmented into residential solution, enterprise solution, aerospace & marine solution, outdoor solution, others. Among these, the outdoor solution segment commands the major share of the global Wi-Fi booster market. It has also generated the revenue of USD 151.63 Mn in the year 2017 and is anticipated to expand at a CAGR of 18.46% during the assessment period.
Global Wi-Fi Booster Market: Regional Analysis
Geographically, the global Wi-Fi Booster Market Analysis has been segmented into four major regions such as Asia Pacific (APAC), North America, Europe, and the rest of the world. The North America region commands the maximum share of the global Wi-Fi booster market owing to the high demand for optimized internet connectivity as a result of increased adoption of smart devices and smartphones, easy incorporation of advanced technology, and high popularity of automation in this region. Improved internet connectivity, increased penetration of smart phones, availability of advanced devices at affordable prices and rise in demand for high speed internet connection are primarily propelling the growth of the global Wi-Fi booster market in the Asia Pacific region. Rapid automation of industries, high adoption of smart devices for personal and commercial uses and increased popularity of internet serving are majorly fueling the growth of the global Wi-Fi booster market in the Europe region.
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