SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mobile Signal Boosters - Global Market Trajectory & Analytics." The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 1229
Companies: 46 - Players covered include Bird Technologies; Cisco Systems, Inc.; CommScope, Inc.; Digital Antenna, Inc.; Remotek Corporation; Smoothtalker; SureCall; weBoost and Others.
Coverage: All major geographies and key segments
Segments: Segment (Consumer, Industrial)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Mobile Signal Boosters Market to Reach $8.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Mobile Signal Boosters estimated at US$1.9 Billion in the year 2020, is projected to reach a revised size of US$8.5 Billion by 2026, growing at a CAGR of 28.4% over the analysis period. Consumer, one of the segments analyzed in the report, is projected to record a 32.1% CAGR and reach US$5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Industrial segment is readjusted to a revised 25.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $751.3 Million in 2021, While China is Forecast to Reach $1.5 Billion by 2026
The Mobile Signal Boosters market in the U.S. is estimated at US$751.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2026 trailing a CAGR of 27.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26% and 23.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 19.5% CAGR. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.