Wi-Fi Range Extender Market Is Anticipated To Reach USD 2.7 Billion At A CAGR Of 9.6% CAGR By 2028

Market Overview:
The global market for Wi-Fi Range Extenders estimated at USD 1.5 Billion in the year 2021, is projected to reach a revised size of USD 2.7 Billion by 2028, growing at a CAGR of 9.6% over the period 2022-2028.the analysis period 2023-2030

A Wi-Fi range extender, also known as a range extender, is a device that improves the coverage of a wireless network by receiving and retransmitting signals from a base router. It acts as a bridge between the router and devices outside the signal range. The demand for Wi-Fi extenders is expected to increase with the use of connected devices and the advancement of technology. The global market for home Wi-Fi routers and extenders is expanding, especially in developing regions, with the adoption of advanced protocols and connected devices. Manufacturers are introducing new products and protocols to boost market growth.

Top Key Players Covered in The Wi-Fi Range Extender Market
Cisco Systems Inc. (US),Netgear Inc. (US),TP-Link (China),Lexmark International, Inc. (US),Hitachi Industrial Equipment Systems Co., Ltd. (Japan),Aruba Networks (US),Ericsson (Sweden),Juniper Networks (U.S.),Motorola Solutions, Inc. (US),MERCUSYS Technologies Co., Ltd. (China),Ruckus Wireless, Inc. (US),D-Link Corporation (Taiwan),Hewlett Packard Enterprise Development L.P. (US),Intel Corporation (US), and Other Major Players

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Market Dynamics:
Driver:
Growing demand for internet connectivity and an increased number of connected devices are driving the growth of the Wi-Fi range extender market. As televisions, smartphones and computers become more common, the need to connect to the Internet from anywhere is growing. Wi-Fi extenders offer a simple and affordable solution, leading to their widespread use worldwide. Additionally, several industries such as healthcare, infrastructure management, and education have shown interest in open Wi-Fi systems, further boosting the global Wi-Fi extender market.

Opportunities:
Urbanization encourages the growth of cities, which leads to the development of advanced infrastructure, including high-speed Internet and communication services. This creates opportunities for market growth. Rising disposable incomes and changing lifestyles are increasing the demand for high-speed internet. The increasing number of connected devices in smart cities offers further growth prospects. The Wi-Fi extender market is fueled by technological advancements, customization services and growing demand for cloud services that offer more growth opportunities.

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Market Segmentation:
Wi-Fi Range Extender market segments cover the Type, Product Type, and End User. By End Users, the Commercial segment is Anticipated to Dominate the Market Over the Forecast period.

By Type
• Indoor Wi-Fi
• Outdoor Wi-Fi

By Product Type
• Extenders & Repeaters
• Access Points
• Antennas

By End Users
• Residential
• Commercial
• Enterprise

Regional Analysis of The Wi-Fi Range Extender Market
North America is Expected to Dominate the Market Over the Forecast period.
The Wi-Fi range extender market was invented in the North American region, which is excepted to have the largest market share. Also, the area is well-served by companies like Netgear Inc., Cisco Systems Inc., Lexmark International, Inc., and others driving the market growth.

Global Wi-Fi Range Extender Market Segmented By Region:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Key Industry Developments in the Wi-Fi Range Extender Market
• In September 2021, D-Link A/NZ has launched their new DAP-1610 AC1200 Mesh Wi-Fi Range Extender and DAP-1530 AC750 Mesh Wi-Fi Range Extender, both encompassing the latest WPA3™ wireless encryption as the quality, reliability, and security of Wi-Fi becomes increasingly important. Both encompass the latest WPA3™ wireless encryption.
• In July 2021, Mercusys, a reliable network device provider that specializes in providing the essential devices that form the backbone of any connected lifestyle, announced the launch of its AC1200 Wi-Fi Range Extender - ME30, a dual-band high-speed range extender to boost your WiFi to every corner.
• In December 2019, TP-Link, the world's leading customer and business products provider, announced the launch of the first Wi-Fi 6 (also known as AX Wi-Fi) range extender with OneMeshTM technology RE505X. Different from the previous RE products powered by 802.11ac (Wi-Fi 5), RE505X takes advantage of next-generation Wi-Fi technology - 802.11ax (Wi-Fi 6) which is designed to boost speed, improve efficiency, and reduce congestion in heavy bandwidth scenarios. Now, RE505X is available in most leading retailers both online and offline.

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