Wi-Fi Booster Market 2018 Global Industry Size, Analytical Overview, Key Players Analysis, Development Status, Industrial Insights and Comprehensive Research Study Till 2023
Nov 2, 2018
Market Research Future published a research report on “Global Wi-Fi Booster Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India - November 2, 2018 /MarketersMedia/ —
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 booster are generally user friendly and cost effective.
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.
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Wi-Fi Booster Global Market- Segmentation
The global Wi-Fi booster market is bifurcated on the basis of type, services, solution, and region. The type is segmented into indoor, and outdoor. The services is segmented into specialty installation, support & maintenance, network design, others. The solution are segmented residential solution, enterprise solution, aerospace & marine solution, outdoor solution, others. The region includes North America, Europe, Asia Pacific and rest of the world.
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.
Wi-Fi Booster Global Market- Regional Analysis
The regional analysis of Wi-Fi booster market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in Wi-Fi booster market due to increasing demand of high speed internet in these region. The Wi-Fi booster market in Europe region is expected to witness rapid growth in the forthcoming period as U.K is technically advanced region and rapid growth of consumer electronics. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for Wi-Fi booster market and expected to be the highest CAGR in the coming years China is manufacturing hub of electronics products.
Key Findings:
• The global Wi-Fi booster market is expected to reach USD 3,155.25 million market value by 2023 growing with 18.06% CAGR during forecast period 2017-2023.
• By type, Outdoor is dominating the market and has generated USD 682.26 million market in 2017 and is expected to grow with 16.49% CAGR.
• By Component, services accounts for the largest market share and is growing with 20.07% CAGR during forecast period.
• By Solution, Outdoor Solution is dominating the market and has generated USD 7,587.09 million market in 2017 and is expected to grow with 10.24% CAGR.
• By Industry, IT & Telecommunication is dominating the market and has generated USD 151.63 million market in 2017 and is expected to grow with 18.46% CAGR.
• Geographically, North America region has been projected to hold the largest market share in global Wi-Fi booster smarket followed by Europe region, while Asia Pacific is expected to drive the market in coming years.
Wi-Fi Booster Global Market- Competitive Analysis
The major key players holding a prominent share in the market include Cisco Systems, Juniper Networks, Motorola Solutions, Ericsson, and Alcatel-Lucent S.A. The market position analysis is derived by considering various factors such as financial position, segmental R&D investment, brand value, product portfolio, strategy analysis, and key innovations in Wi-Fi Booster market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between on the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.
Industry News and Development
January 2018 – AT&T introduced “Smart Wi-Fi Extender” device which can boost the internet speed upto 1,000 square feet and reduces network congestion.
August 2017 – NetGear, Inc., a leading provider of network devices, introduced Wi-Fi extender “Nighthawk Tri-band” patented with Fast Lane and smart roaming technology. The device “Nighthawk” can work with any Wi-Fi router and transform it into expanded Wi-Fi system and eliminates dead zones.
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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
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
For more information, please visit https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 438229
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