Dec 22nd, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Extenders Market.

The Extenders Market is estimated to grow from USD 6.6 billion in 2020 to USD 8.4 billion by 2026 at a healthy CAGR of 4.1% during the forecast period.

A wireless network uses radio waves to communicate with portable devices, enabling them access to other connected devices and to the Internet. Other factors can affect the strength of these radio waves and dead spots can be found in the office network where it’s not connected. These extenders are devices to improve WiFi coverage.

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Segment Analysis:

Extenders Market Share: By Application Trends

Based on application, the extenders market is classified into residential and commercial.

  • The residential segment held the largest share in 2020 and is projected to grow at the highest CAGR during the assessment period.
  • Rising smart cities and smart homes is a key driver as it has smart products/devices, such as smart security systems, air conditioners, smart entertainment systems, smart televisions, further bolstering the segment growth.

Extenders Market Share: By Regional Trends

By region, the North America market accounted for the largest share in 2020 and is expected to grow at a substantial CAGR in the following years.

  • This is mainly ascribed to increasing number of devices per household, growing focus on digitalization, presence of key product manufacturers, strong growth of smart homes, and rising adoption of new technology, further proliferates the regional market growth.

COVID-19 Impact on Global Extenders Market

Covid-19 outbreak impacted the growth of the bearing for steel market negatively. The spread of coronavirus led to enforcement of lockdown to curb the spread of virus. This led to travel restrictions and supply chain disruptions, which in turn affected the product availability on time.

Key Players:

Key players operating in the Extenders market are-

  • NETGEAR (The U.S),
  • D-Link (Taiwan),
  • Linksys (The U.S),
  • ZyXEL (Taiwan),
  • ASUS (Taiwan),
  • Amped (New Zealand),
  • TP-LINK (China),
  • Belkin (The U.S),
  • Hawking Technology (Netherlands), and
  • Edimax Technology (Taiwan).

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Features of the Report:

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Extenders Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors.

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