Wi-Fi Range Extender Market To Expand At A CAGR Of 9.6% Will Reach USD 2.7 Billion By The End Of 2030 Study By Introspec

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The global market for Wi-Fi Range Extenders estimated at USD 1.5 Billion in the year 2021, is projected to reach a revised size of USD 2.7 Billion by 2028, growing at a CAGR of 9.6% over the period 2022-2028, Analysis Period 2023-2030.

Market Overview:

Wi-Fi Range Extender is also known as a range expander. It is a device between a base router, or wireless local area network access point and a client computer or device that is outside the signal range. The extender works as a wireless relay or repeater by receiving access point signals, which are retransmitted to the consumer. It is a communication tool that expands the Wi-Fi coverage by retransmitting the wireless signal from the base router, it essentially serves as a bridge.

Top Key Players in Wi-Fi Range Extender Market:

Cisco Systems Inc. (U.S.), Netgear Inc. (U.S.), TP-Link (China), Lexmark International, Inc. (U.S.), Hitachi Industrial Equipment Systems Co., Ltd. (Japan), Aruba Networks (U.S.), Ericsson (Sweden), Juniper Networks (U.S.), Motorola Solutions, Inc. (US), MERCUSYS Technologies Co., Ltd. (China), Ruckus Wireless, Inc. (US), D-Link Corporation (Taiwan), Hewlett Packard Enterprise Development L.P. (US), Intel Corporation (US), and Other Major Players

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Market Dynamics and Factors for Wi-Fi Range Extender Market:

Drivers:

Growing Digitalization Increases the Need for Open Wi-Fi Spaces

Technological advancement like the use of internet connectivity has enabled the need for Wi-Fi extenders. A rising number of connected devices with high internet penetration is the main driving factor of the Wi-Fi range extender market. Currently, the demand for smartphones, and computers, is rising, all these types of electronic bias require the Internet. hereafter, the need to connect to the internet from any position in the home or office boosts the growth of the Wi-Fi range extender market.

The easy integration and low cost of the device are excepted to increase the use of Wi-Fi extenders around the world. Also, the increased interest in open Wi-Fi systems from buyers, similar to healthcare, structure operation, waste, and water operation, access to education, and numerous further.

Opportunities:

The Development Of Smart Cities And Homes

Urbanization is enabling metropolises and municipalities to grow. This leads to developing a large structure for leaving as well as furnishing installations like the availability of largely sophisticated communication, structure, medical installations, and most important internet installations, therefore it creates growth opportunities for the market.

Rising disposable income and changing life of people increases the demand for high-speed internet.

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Segmentation Analysis of the Wi-Fi Range Extender Market:

By End Users, the Commercial segment is expected to register a significant market share. Commercial usage is excepted to grow faster in the upcoming years. The demand for products in this market is expected to be driven by the increasing use of Wi-Fi routers for connectivity between workplaces, business centers, hotels, restaurants, and shopping malls.

  • Residential
  • Commercial
  • Enterprise

By Type, Indoor Wi-Fi is likely to dominate in this area. Indoor Wi-Fi refers to the wireless internet connectivity available within a building or enclosed space. It is the network that provides Wi-Fi access to devices like smartphones, laptops, tablets, smart TVs, and other Wi-Fi-enabled devices within the indoor area.

  • Indoor Wi-Fi
  • Outdoor Wi-Fi

By Product Type

  • Extenders Repeaters
  • Access Points
  • Antennas

Regional Analysis of the Wi-Fi Range Extender Market:

The Wi-Fi range extender market was invented in the North American region, which is excepted to have the largest market share. The area is well-served by companies like Netgear Inc., Cisco Systems Inc., Lexmark International, Inc., and others driving the market growth. 

The rising use of wireless services by a large number of end users is the main factor driving the Wi-Fi extender industry. Due to the widespread adoption of linked device technology by residential users, the Wi-Fi extender is mostly used in the North American region.

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Industry Development:

In September 2021, D-Link A/NZ launched their new DAP-1610 AC1200 Mesh Wi-Fi Range Extender and DAP-1530 AC750 Mesh Wi-Fi Range Extender, both encompassing the latest WPA3™ wireless encryption as the quality, reliability, and security of Wi-Fi becomes increasingly important. Both encompass the latest WPA3™ wireless encryption.

In July 2021, Mercusys, a reliable network device provider that specializes in providing the essential devices that form the backbone of any connected lifestyle, announced the launch of its AC1200 Wi-Fi Range Extender – ME30, a dual-band high-speed range extender to boost your WiFi to every corner.

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