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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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.
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- 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.
Wi-Fi Booster Global Market- Segmentation
The Wi-Fi Booster Market can be classified into three key segments as follows:
- Segmentation by Component: Solution (residential, enterprise, aerospace & marine, and outdoor solution) and Services (installation, support & maintenance, and network designs).
- Segmentation by Type: Indoor and Outdoor.
- Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
Wi-Fi Booster Global Market- Regional Analysis
The global Wi-Fi booster market is estimated to grow at a promising rate over the forecast period. North America is the leading region followed by Europe, Asia-Pacific and Rest of the world. Asia-Pacific is the fastest growing region which is estimated to show high growth over the forecast period. Increasing technological advancements and increasing disposable income in the region is expected to drive the growth of Wi-Fi booster market in the region. However, battery life problems is expected to hinder the growth of the market.
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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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