Wi-Fi Booster Global Market- Overview
With the increasing demand of smart devices among users including smart watches, smartphones, tablets, smart glasses and other personal electronics. These devices are generating maximum revenue in the market. The Wi-Fi booster helps in providing the strong connection to the smart devices which is faster than that any other network. The growing need of smart devices in day-to-day life has prompted the market growth to the large extent. The Wi-Fi booster has huge demand as the users are adopting the advanced smart devices which requires strong internet connection to these devices. These Wi-Fi boosters are generally user friendly and cost effective.
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Increasing adoption of wireless technology, high demand of robust network infrastructure, and high adoption rate of smart devices are some major factors driving the growth of Wi-Fi Booster market globally. However, lack of network security is one of the major factor hampering the market growth in coming years.
Key Players
The prominent players in the global Wi-Fi Booster Market are –Netgear, Inc. (U.S.), Ruckus Wireless, Inc. (U.S.), Juniper Networks (U.S.), Motorola Solutions, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Alcatel-Lucent S.A. (France), Aruba Networks (U.S.), Ericsson (Sweden), D-Link Corporation (Taiwan) and TP-Link (China), among others.
Global Wi-Fi Booster Market: Segmental Analysis
The global Wi-Fi booster market 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 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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Intended Audience:
- Wi-Fi booster manufacturing companies
- Original equipment manufacturers
- Wi-Fi booster providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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