Pune, India -- (SBWIRE) -- 02/27/2018 -- Market Highlights
The study reveals that the global Wi-Fi booster market is adopted in the various outdoor solution in North America region. This is due to the establishing an intelligent transport system within the region. The wi-fi booster has huge market in these region due to the long reach, fast throughput and easy setup. The boosters are being widely used for the communication that speed up of the extended Wi-Fi, better performance and security while communications.
In North America region, the wi-fi booster is gaining momentum in the marine & aerospace segment. These devices allow to connect to the wireless network, or access to the other devices to extend a network bandwidth. The wifi booster amplifies the network by boosting the WiFi signal. The major player including Netgear (U.S.), Linksys (U.S.) have released the new product of wifi booster.
The global Wi-Fi booster market is growing rapidly over ~18% of CAGR and is expected to reach approximately USD 3 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "The Wi-Fi Booster Market Research Report -Forecast to 2023".
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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.
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.
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.
Wi-Fi Booster Market Segmentation
The Wi-Fi Booster Market has been segmented on the basis of type, services, solution and region. The Wi-Fi booster contains detailed analysis with market size of each segment. The type segment includes indoor and outdoor. The Services segment includes installation, support & maintenance, network design. The solution segment includes residential solution, enterprise solution, marine & aerospace solution and outdoor solution and the region segment includes North America, Europe, Asia Pacific and rest of the world.
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Intended Audience
- Technology investors
- Integrated device manufacturers
- Government agencies
- Network solution providers
- IT security agencies
- Wi-Fi Booster manufacturers
- Original equipment manufacturers
- Government agencies
- Wi-Fi Booster vendors
- Network solution providers
- Independent software vendors
- Consulting firms
- Research institutes and organizations
- Technology standards organizations
- Technology investors
- System Integrators
- Research/Consultancy firms
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