According to the new market research report by IndustryARC titled “Signal Repeater Market: By Type (Analog, Digital); By Application (Telephone, Mobile, Radio, Optical Communication) & By Region (Europe, Asia-Pacific, North America, RoW)-Forecast (2018-2023)” the market is driven by the adoption of mobile phones. Due to the rapid adoption of smart phones, the market is likely to have a faster growth during the forecast period.
North America expected to have a major share in the Single Repeater Market
North America has the largest share of 47% in the Single Repeater Market due to advancements in technologies such as 4.5G and 5G. The emergence of these technologies will certainly benefit the growth of the signal booster. Asia Pacific is expected to have significant growth in the coming years. In Asia Pacific, India and China are the dominant countries due to their larger subscriber bases. India is the second most mobile data consumer country after the introduction of Reliance Jio in the region.
Selected Analysis done in the full Report:
The Telecommunications sector has been witnessing tremendous growth since the past five years. High speed mobile networking which includes high quality video streams, social networking, and machine to machine communication demand is expected to increase rapidly. Increasing use of cellular networks with mobile devices will bolster the growth of the market. Growing acceptance of wireless devices and the competitive nature of the wireless industry has led to the demand of the cellular booster across the world.
The optical communication segment is expected to have the highest CAGR of 37.5% during the forecast period.
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Excerpts on Market Growth Factors
- The number of 4G connections are increasing rapidly due to the growing demand for the single repeaters to transmit data over longer distances at a higher speed.
- The demand for Cell phone repeaters is high due to complaints of poor mobile signals and slow internet connectivity.
- Smart devices have a share of 46% in the global mobile devices and connections which account for 89% of the mobile data traffic.
- Growing investment in improving the education and workplace infrastructure in developing countries has led to the demand for antenna booster.
Key players of the Signal Repeater Market
Wilson Electronics manufactures cell phone amplifiers, antennas, and signal boosting equipment. It has been ranked as one of the top manufacturers in the industry. Verizon aims to meet the customer demands and develops advanced 5G wireless technology. Commscope helps companies in building and managing their wireless networks. It helps consumers to enhance their bandwidth and maximize their existing capacity. Nextivity offers mobile signal repeater products such as CEL-GO M (mobile kit), Multi Band Cel-Fi GO M and 3 Band Cel-Fi GO Mobile.
A. Signalling Devices Market
B. Digitial Signal Processors Market
Mr. Venkat Reddy
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IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.