A Wi-Fi booster is used to extend the existing signal which helps to improve Wi-Fi coverage. The Wi-Fi booster helps to quickly create a wireless network or bridges the access points to extend the network. These boosters or extenders aid in combating low coverage by increasing the signal saturation and also help by optimizing the network. Wi-Fi boosters are simple to set up and are easily handled. WiFi boosters help to achieve the maximum signal and enable the efficient working of smart devices connected with these boosters. The boosters or signal extenders can be widely used in residential or commercial spaces among others.
The global Wi-Fi booster market has been witnessing huge growth over the last few years. Wi-Fi boosters provide high-speed connectivity to various smart devices at homes, offices, hotels and other locations such as railway stations, airport. WiFi boosters also provide opportunities for various industry players to come up with similar products, enabling enterprises to enhance their network infrastructure. These boosters strengthen the signal and provide ample coverage for smartphones, television, computers, and other connected devices.
The market has been divided into the following component:
- By component, the market is sub-segmented into solution and services.
- By types, the market is sub-segmented into indoor and outdoor.
- By region, the market is sub-segmented into North America, Asia-Pacific, Europe, and Rest of the World.
The global Wi-Fi booster market is expected to reach approximately USD 3,155.25 million by 2023, growing at the CAGR of 18.06% between 2017 and 2023.
Wi-Fi booster solutions are mainly available for users in residential and commercial spaces among others. The booster can also be upgraded to the modem or router with the help of a wireless antenna kit or satellite dish. It mainly works by increasing the incoming Wi-Fi signal, transmitting power, and may even boost Internet speed. Wi-Fi booster works best in multi-story buildings or large premises such as apartments or residential homes. In residential spaces, these boosters are selected as per the customer requirement, depending on the area to be covered. The budget and specifications are also a few important concerns for the customers. Wi-Fi boosters exhibit excellent coverage and have a considerable signal reach from far corners of a home or different floors, to even coverage of the yard providing robust, easy to access, and a reliable indoor signal.
Report Features :
- To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the Wi-Fi Booster market.
- To provide insights about factors affecting the market growth.
- To analyze the Wi-Fi Booster market based on Porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
- To provide country-level analysis of the market with respect to the current market size and future perspective.
- To provide country-level analysis of the market for a segment on the basis of Component, type, and Region.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Wi-Fi Booster market.
- The global Wi-Fi booster market is expected to reach USD 3,155.25 million by 2023.
- By component, solution sub-segment in the Wi-Fi booster market accounted for the largest market share in 2016. However, service is expected to grow at an approximate CAGR of 20.07% during the forecast period.
- By type, outdoor sub-segment held the largest market share in 2016. However, indoor sub-segment is projected to grow with approximately 21.24% CAGR by the end of forecast period.
- Geographically, North America region has been projected to hold the largest market share in global Wi-Fi Booster market followed by Europe, while the Asia Pacific ranks third.
Regional and Country Analysis of Wi-Fi Booster Market Estimation and Forecast
The global Wi-Fi booster market is estimated to grow at a promising rate over the forecast period. North America is the leading region followed by Europe, Asia-Pacific and Rest of the world. Asia-Pacific is the fastest growing region which is estimated to show high growth over the forecast period. Increasing technological advancements and disposable income in the region is expected to drive the growth of the Wi-Fi booster market in the region. However, concerns regarding the battery life of devices connected to Wi-Fi boosters can potentially hamper the market.
The reports also cover country-level analysis: US, Canada, Mexico, Europe, UK, Germany, France, China, India, and Japan.
Category: Technology Market Research
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