Wilmington, Delaware, Nov. 20, 2023 (GLOBE NEWSWIRE) -- According to RationalStat’s most recent industry analysis, the Global Wi-Fi Range Extender Market value is estimated at US$ 2.0 billion in 2023 and is expected to rise at a strong CAGR of over 10.8% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
A Wi-Fi range extender, also known as a Wi-Fi repeater or booster, is a device that improves and expands the coverage of a wireless (Wi-Fi) network. It operates by accepting a current Wi-Fi signal, amplifying it, and then rebroadcasting it in order to expand the network's reach. A Wi-Fi range extender's principal function is to improve overall connectivity by addressing areas in a home, office, or other facility where the Wi-Fi signal is weak or nonexistent.
As consumers become more aware of the limitations of their Wi-Fi networks and seek solutions to address dead zones or weak signals, the demand for Wi-Fi range extenders grows. Consumer education about the benefits of these devices contributes to market growth.
According to a deep-dive market assessment by RationalStat, the global Wi-Fi Range Extender market has been analyzed based on market segments, including type, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global Wi-Fi Range Extender market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global Wi-Fi Range Extender market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Wi-Fi Range Extender Market: Segmental and Market Share Analysis
- On the basis of type, outdoor Wi-Fi segment is expected to dominate the global Wi-Fi range extender market. The demand for the Internet among various households has been increasing with the growth in connected devices.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 2.0 billion |
| Market Size Forecast | US$ 4.1 billion |
| Growth Rate | 10.8% |
| Dominant Segment | Outdoor Wi-Fi |
| Dominant Region | North America |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global Wi-Fi range extender market include.
- In June 2022, MX6-3 AX1800, a whole-home mesh Wi-Fi 6 system aimed at larger families, was released by Shenzhen Tenda Technology Co., Ltd. It is an extendable mesh network that covers many Wi-Fi sites and fills a 6000 square foot space flawlessly. Each MX6 node instantly links to the others, forming a distributed network throughout the house.
Some of the prominent players and suppliers operating and contributing significantly to the global Wi-Fi range extender market growth include D-Link Corporation, Linksys Group Inc., TRENDnet, Inc., Shenzhen Tenda Technology Co., Ltd., Cisco Systems Inc., Huawei Technologies Co. Ltd, NETGEAR Inc., Aruba Networks, TP-Link Technologies Co. Ltd, and Juniper Networks Inc., among others.
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RationalStat has segmented the global Wi-Fi range extender market based on type, application and region
- Global Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
- Indoor Wi-Fi
- Outdoor Wi-Fi
- Global Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
- Residential
- Commercial
- Public
- Others
- Global Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Wi-Fi Range Extender Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Wi-Fi Range Extender Report:
- What will be the market value of the global Wi-Fi Range Extender market by 2030?
- What is the market size of the global Wi-Fi Range Extender market?
- What are the market drivers of the global Wi-Fi Range Extender market?
- What are the key trends in the global Wi-Fi Range Extender market?
- Which is the leading region in the global Wi-Fi Range Extender market?
- What are the major companies operating in the global Wi-Fi Range Extender market?
- What are the market shares by key segments in the global Wi-Fi Range Extender market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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