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Wi-Fi Market: Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2024

Author : Ronak Bora | Published Date : 2019-04-09 

The Wi-Fi Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry based on product segment, technology, end user segment and region.

By product, Wi-Fi market can be classified into access points, WLAN controllers, and wireless hotspot gateways. Access points are projected to dominate the Wi-Fi market owing to their features, such as serving multiple users, in a defined network area. WLAN controllers are expected to showcase a significant growth owing to their increasing adoption in various applications and features such as detection & avoidance of interference and load balancing. Wireless hotspot gateways will witness a decent growth due to their incorporation in smart devices and the rising BYOD trend.

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Growth in smart cities and highways offer enormous potential to Wi-Fi market size. Heavy investments from various organizations and government support to promote Wi-Fi across the globe are gaining prominence in the industry. For instance, the UK government has launched GovWifi that allows visitors and staff in government organizations to interconnect. It is designed for eliminating the need of user and guest authentication solutions and replacing them with a single secure Wi-Fi network. The U.S. government launched an initiative of providing free public Wi-Fis with supporting partnerships from giants such as Google and Microsoft.

Based on the business model, Wi-Fi market can be segmented into indoor, outdoor, and transportation Wi-Fi. Indoor Wi-Fi is anticipated to dominate the industry over the forecast timeline owing to the heavy adoption of this service in organizations and businesses. Development of smart homes and work devices in developed countries including Japan, the U.S, and Germany has further fueled this segment’s growth. Outdoor Wi-Fi is expected to grow at an exponential rate owing to the rapid growth of internet users and rising need for internet access in the outdoor environment that includes public places and municipality networks.

North America exhibited the largest Wi-Fi Market share in 2015 and is projected to continue the same over the forecast time frame owing to rising demand for free public Wi-Fi in the region. Moreover, this growth is attributed to the increasing use of smart devices, heavy investments in wireless technology, advancements in medical & healthcare sectors, adoption of smart education techniques, and growing retail & hospitality sectors due to easy wireless access. Asia Pacific is anticipated to witness a substantial growth owing to increasing use of wireless technology in emerging economies such as China and India. Increasing public Wi-Fi hotspots and increasing smartphone users are further propelling the growth of Wi-Fi market in this region.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

  • Aruba Networks
  • Alcatel-Lucent
  • Ericsson
  • Juniper Networks
  • Netgear
  • Cisco Systems
  • Ruckus Wireless
  • Aptilo Networks
  • Aerohive
  • Ubiquiti Networks
  • CA World Wi-Fi
  • Edgewater Wireless Systems
  • Airspan Networks

Browse Full Report: www.gminsights.com/industry-analysis/wi-fi-market

Aruba Networks, Alcatel-Lucent, Ericsson, Juniper Networks, Netgear, Cisco Systems, Inc., Ruckus Wireless, Inc., Aptilo Networks, Aerohive, Ubiquiti Networks, Inc., CA World Wi-Fi, Edgewater Wireless Systems, and Airspan Networks are few industry players. Players in the Wi-Fi market generally focus on product innovations for providing better customer experience and strengthening their position in the industry. For instance, in March 2017, Ubiquiti Networks announced the launch of UniFi AC Wi-Fi Access Point for the expansion of ethernet wall connection to function as dual-band access point (802.11 ac). It is ideally suited for schools, hotels, and hospitals that are already wired with ethernet jacks.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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