The research study by Technavio on the global Wi-Fi extender market for 2017-2021 provides detailed industry analysis based on the antenna (external antenna and internal antenna), standard (802.11n, 802.11ac, and 802.11a/b/g), and geography (the Americas, EMEA, and APAC).
|External antennas constitute the more popular market segment, generating over 70% of the overall revenue (2016 estimates). Their popularity is driven by their portability and the enhanced signal strength that they provide.|
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Technavio analysts highlight the following three factors that are contributing to the growth of the global Wi-Fi extender market:
- Increased penetration of mobile computing devices
- Rise in Internet traffic
- Increase in development of smart cities
Increased penetration of mobile computing devices
“Computing devices are used for a variety of purposes ranging from accessing social networking apps to reading news, and from surfing the web to checking e-mails. Also, the increased penetration of the Internet of Things is a key driver of the market,” says Abhishek Sharma, one of the lead analysts at Technavio for M2M and connected devices research.
The ownership of smartphones, tablets, and other mobile devices is increasing at a fast rate. Also, the adoption of healthcare and protection apps, which is adding to a new customer demographic to the market. With the advent of cloud infrastructure, the need for physical network infrastructure is diminishing, which will further boost the sales for Wi-Fi extenders.
Rise in Internet traffic
The high proliferation of the Internet in business and residential environments, and the increased use of connected devices have greatly boosted the global IP traffic. A majority of the mobile data traffic is generated from applications such as multimedia messaging, text messaging, and handset video services. The major increase in Internet traffic is observed from emerging markets in APAC such as India, China, and South Korea where consumers spend a lot of time on the Internet. The rise in internet traffic has been facilitated by supporting infrastructure such as Wi-Fi extenders, which a key driver of the market.
Increase in development of smart cities
“Government organizations worldwide are investing heavily towards the development of smart cities or connected cities. These cities require public Wi-Fi networks to provide various services to consumers such as safety and security, access to education, traffic management, and healthcare, which is creating a huge demand for Wi-Fi extenders,” says Abhishek.
Public Wi-Fi networks enable citizens in smart cities to access the Internet with the help of their smartphones and tablets. It also provides location-based services (LBS) to city planners, which aids in providing better services to the citizens. This will create a mass demand for Wi-Fi routers, and in-turn Wi-Fi extenders, thereby driving market growth.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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