Home Wi-Fi Router and Extender Market, By Type (Wi-Fi Extender, Repeater), By Application, (Residential, Commercial), By Region – Global Analysis Forecast Till 2030

The Global Home Wi-Fi Router and Extender Market size was valued at $1,267.2 million in 2020 and is projected to reach $3374.2 million by 2030, registering a CAGR of 11.2% from 2021 to 2030.

A Wi-Fi range extender is a device that extends the Internet coverage of an existing Wi-Fi router area. There are different types of Wi-Fi range extender devices such as Wi-Fi extenders and repeaters or boosters. The Wi-Fi range extender receives the signal from the Wi-Fi router, amplifies it, and then transmits the amplified signal. With the help of a Wi-Fi range extender device, you can double the coverage of your Wi-Fi router. These devices are primarily used in residential and commercial applications.

Market Dynamics:

Drivers:

Advances in technology, such as the use of Internet connections, have made Wi-Fi range extenders necessary. These devices are easy to install and available at a low cost. In addition, ease of integration and low device cost have increased the use of Wi-Fi range extenders worldwide. This further fuel the growth of the Wi-Fi range extender market.

Wi-Fi range extenders cover a larger area in your internet coverage. In many cases, parts of your home or office cannot pick up the network of your existing Wi-Fi router signal. In such cases, Wi-Fi range extenders help to boost the growth of home wi-fi router and extender market revenue by providing internet coverage to desired locations.

Restraints:

However, when using a Wi-Fi range extender, there is degradation in the signal. When the signal decreases, the internet speed decreases. These factors limit the growth of the home wi-fi router and extender market.

The advent of portable networking devices may restrain the home Wi-Fi router market growth. Companies like Google, Inc. have started offering portable router solutions, such as OnHub, which will present a significant challenge to the home Wi-Fi router and extender market. OnHub is a Wi-Fi router that's highly portable and doesn't require repeaters so that you can place it anywhere in your home. Also, the unique design of 6 antennas helps to extend the transmission range compared to other home networking devices. This could hinder the growth of the home Wi-Fi router and extender market.

Key players:

• NetGear Inc.,

• TP-Link Technologies Co Ltd,

• D Link Corporation,

• TRENDnet,

• Linksys,

• Cisco Systems, Inc.,

• Huawei Technologies Co Ltd.,

• Shenzhen Tenda Technology Co Ltd,

• ASUSTek Computer Inc,

• and Lutron Electronics Company

Market Segmentation:

Home Wi-Fi Router and Extender Market, By Type

• Wi-Fi Extender 

• Repeater

Home Wi-Fi Router and Extender Market, By Application

• Residential

• Commercial

Home Wi-Fi Router and Extender Market, By Region

• North America

  • U.S.

  • Canada

  • Mexico

• Europe 

  • UK

  • Germany

  • France

  • Italy

  • Rest of Europe

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Rest of Asia-Pacific

• LAMEA

  • Latin America

  • Middle East

  • Africa

Regional Analysis:

Asia Pacific dominated the global home wi-fi router and extender market in 2016 and is expected to continue to dominate throughout the forecast period. This can be attributed to increasing internet penetration, many smart devices, and growing demand for high-speed wireless connectivity. Asia Pacific markets include China, India, Japan, Korea, and Australia. Growing consumer demand for on-the-go wireless connectivity is also a key trend leading to increased sales of Wi-Fi range extenders in the region.

North America accounted for more than XX% of total revenue generated by industry players, internally and externally, due to growing awareness of the extended coverage areas. These products offer the incredible speed that can be achieved through using these products, followed up to what can be achieved through conventional methods, such as a direct connection between an access point or devices/users involved in a communication session or an Ethernet cable.

Scope of the Report:

User

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