The global WiFi extenders market is projected to reach a valuation of USD 4,714.5 million by 2033, up from USD 1,737 million in 2023, advancing at a CAGR of 10.5% from 2023 to 2033.
In recent years, the adoption of wireless networks has witnessed immense growth and its out breakage has outnumbered every other thing that has gone viral ever. Today, every home and office is equipped with high-speed wireless network connections.
WiFi networks have limitations when it comes to the range and this is precisely when WiFi extenders come to the fore, contributing to the overall WiFi extenders market growth.
| Report Attribute | Details |
|---|---|
| WiFi Extenders Market Value (2023) | USD 1,737 million |
| WiFi Extenders Market Anticipated Forecast Value (2033) | USD 4,714.5 million |
| WiFi Extenders Market Projected Growth Rate (2023 to 2033) | 10.5% CAGR |
All WiFi extenders work in different ways, and there are several different kinds of devices available in the market, thereby catering to the demand for WiFi extenders from around the globe. The sales of WiFi extenders are also due to the weak signal coverage, and the deployment of WiFi extenders for improving coverage in localized areas is gaining traction to overcome problems associated with signal coverage.
Generally, WiFi extenders adoption trends are hugely influenced by larger homes or spaces, where there are reduced coverage areas or dead spots. The global WiFi range extenders market size is driven by ease of setup at low cost in tandem with a rise in the number of connected devices.
The development of smart homes and cities is anticipated to create lucrative WiFi range extenders market opportunities in the near future. The use of wireless routers in the commercial sector has been further boosted by the emergence of the BYOD trend in the corporate sector, in turn, fuelling the overall demand for WiFi extenders.
The WiFi extenders market outlook is predicted to be positively influenced by the growing consumer preference for the installation of smart appliances in their homes, including smartphones, tablets, and smart TVs, among other appliances.
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The need for public WiFi networks has increased, particularly for the management of infrastructure, traffic, safety, and waste and water, and the same is likely to spike the sales of WiFi extenders to a considerable extent. The WiFi extenders market key trends & opportunities are primarily fostered by the telecommunications sector's increased adoption of LTE technology.
The rising demand for WiFi extenders is also due to the fact that WiFi extenders greatly aid in offices or homes where there is one main wireless connection that needs to cover a wider coverage area than the capacity of the main router.
Increasing efforts from service providers and device vendors to eliminate problems such as poor signal quality and slow internet speeds are also expected to augur well for the WiFi extenders market future trends. There is a surge in the sales of WiFi extenders among people living in high-rises, as the buildings are closely packed, and most residents do not get a proper network.
Consumer electronics, safety, and defense industries have experienced rapid growth and development, setting the stage for new business opportunities, in turn, this is positively impacting the WiFi Extenders market trends and forecast. According to the WiFi Extenders market survey, growing public awareness of various technological advancements is a major factor influencing the demand for WiFi extenders.
The WiFi extenders market size expansion is largely due to rapidly evolving WiFi Extenders market trends and consumer preferences, including customization and testing services tailored to specific industries. The market for WiFi extenders is also growing significantly due to the rising demand for cloud computing services and applications.
Challenges that are hampering the deployment of WiFi extenders on a broad scale include low awareness, high device and installation costs, and limitations of these devices in increasing Internet throughput from public hotspots.
The inability of these devices to amplify a signal from a distant Internet source to create a wireless hotspot effectively is also expected to impede the WiFi Extenders market growth.
The market for WiFi extenders has advanced in the North American region because of the telecommunications and network sector's expansion and the emergence of regional players. The WiFi extenders market in the United States is steadily growing, contributing to North America’s anticipated WiFi extenders market share of 37% in 2023.
The majority of the major manufacturers of WiFi range extenders have their corporate headquarters in the region. Prior to a global launch and deployment of the product, the majority of businesses test and introduce their goods locally, pushing forward the region’s market growth.
North America’s WiFi extenders market statistics are expected to get on a higher trajectory due to the rising number of devices per household, quick adoption of new technology, and growing emphasis on digitalization.
Principal Consultant
Europe is likely to acquire a WiFi extenders market share of 21% as of 2023, owing to the soaring sales of WiFi extenders in the European region being fuelled by technological developments and a growing consumer electronics market.
One of the market's top players, Tesla, has introduced the Smart WiFi booster Gen 3 that is intended for remote workers. The WiFi 6 technology used in the booster's construction was entirely made of recycled plastic.
This factor has raised the product's value throughout Europe and in other nations where there are restrictions on the use of plastics, in turn, eliciting emerging trends in the WiFi extenders market.
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Key players operating in the global WiFi extenders market are NETGEAR, LINKSYS (Belkin International, Inc.), LTERIVER, D-Link Corporation, TP-Link Technologies Co., Ltd, Amped Wireless, Zyxel Communications Corp and Hawking Technologies, Inc., Lutron Electronics Co., Inc., Asustec Computer Inc.
With the concept of WiFi extender being both evolutionary and of sufficient value, an increasing number of vendors are expected to bring about emerging trends in the WiFi extenders market.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 10.5% from 2023 to 2033 |
| WiFi Extenders Market Value (2023) | USD 1,737 million |
| WiFi Extenders Market Anticipated Forecast Value (2033) | USD 4,714.5 million |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
Product Type, End Use, Region |
| Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; South Asia & Pacific; East Asia; Middle East & Africa |
| Key Countries Profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
| Key Companies Profiled |
NETGEAR; LINKSYS (Belkin International Inc.); LTERIVER; D-Link Corporation; TP-Link Technologies Co., Ltd.; Amped Wireless; Zyxel Communications Corp.; Hawking Technologies Inc.; Lutron Electronics Co. Inc.; Asustec Computer Inc. |
| Customization & Pricing | Available upon Request |
The market is valued at USD 1,737.0 million in 2023.
D-link Corporation and NETGEAR are key WiFi extenders market players.
Residential is estimated as a key segment in the global market.
Players opt for advanced hotspotTM technology.
India and China dominate the Asian market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Single Band 5.2. Dual Band 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 6.1. Residential 6.2. Commercial 6.2.1. Small-Medium Enterprises 6.2.2. Retail 6.2.3. Hospitals 6.2.4. Government Institutions 6.2.5. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. NETGEAR 17.2. LINKSYS (Belkin International, Inc.) 17.3. LTERIVER 17.4. D-Link Corporation 17.5. TP-Link Technologies Co., Ltd. 17.6. Amped Wireless 17.7. Zyxel Communications Corp. 17.8. Hawking Technologies, Inc. 17.9. Lutron Electronics Co., Inc. 17.10. Asustec Computer Inc. 18. Assumptions & Acronyms Used 19. Research Methodology
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WiFi Extenders Market
