Global Home Wi-Fi Router and Extender Market was valued US$ XX Bn in 2018
and is expected to reach US$ 12.9 Bn by 2026, at CAGR of XX% during forecast
period of 2019 to 2026.
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Global Home Wi-Fi Router and Extender Market Drivers and Restrains:
A Wi-Fi and extender is a communication device that repeats the wireless signal
from the base router to enlarge the Wi-Fi coverage, it basically functions as a
bridge. Mobile connectivity and increase in internet bandwidth, are expected to
play a vital role in the development of the home Wi-Fi router and extender
market, which allow wireless-based networking device adoption in the coming
years. Increased usage of wireless connected home appliances, healthcare
monitors, wearable devices, and reduce in the cost of networking hardware are
predicted to surge the demand for connected devices over the upcoming period.
The rapid growth and development in technology for smartphones and customer
gadgets are fueling the demand for Wi-Fi router with extender at a CAGR of 7.1%
during the forecast period.
Developing countries in Asia Pacific and Middle East & Africa that are
experiencing the new product replacement trend owing to advancement
protocols and increasing penetration of connected devices are majorly impelling
the global home Wi-Fi router and extender market. Exponentially growing
urbanization and rising global population have increased the demand for internet,
which are likely to create multiple opportunities in the Global Home Wi-Fi Router
and Extender market. The home Wi-Fi router and extender manufacturers have
been presenting new products and protocols are expected to create various
opportunities to the home Wi-Fi router and extender market. The report study
has analyzed revenue impact of covid-19 pandemic on the sales revenue of
market leaders, market followers and disrupters in the report and same is
reflected in our analysis.
Global Home Wi-Fi Router and Extender Market Se