According to a market report by Lucintel, the future of the global Wi-Fi booster market looks promising with opportunities in the commercial and residential markets. The global Wi-Fi booster market is expected to reach an estimated $3.2 billion by 2030 with a CAGR of 13.4% from 2024 to 2030. The major drivers for this market are growing popularity of smart home technology, requirement for constant connectivity in public areas like coffee shops, hotels, and airports, as well as, implementation of 5G technology globally.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in Wi-Fi booster market to 2030 by type (indoor Wi-Fi and outdoor Wi-Fi), distribution channel (online and offline), application (residential, enterprise, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, indoor Wi-Fi and outdoor Wi-Fi are the major segments of Wi-Fi booster market by type. Lucintel forecasts that outdoor Wi-Fi expected to witness the higher growth over the forecast period.
Within this market, commercial is expected to witness the higher growth due to increasing need for wireless connectivity in public spaces across many regions, including hotels, restaurants, cafes, and airports, as well as, the growing quantity of corporate offices and company establishments.
North America will remain the largest region over the forecast period due to the growing number of smartphone users, rising work-from-home trend, improvements in technology, and a rise in the usage of smart gadgets in this area.
Netgear, Ruckus Wireless, Juniper Networks, Motorola Solutions, Cisco Systems, Alcatel-Lucent, Aruba Networks, Ericsson, D-Link, and TP-Link are the major suppliers in the Wi-Fi booster market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]