The Wi-Fi as a Service market size is estimated to grow from USD 1.18 billion in 2016 to USD 5.94 billion by 2021, at a CAGR of 38.1%. The market is driven by factors such as low CAPEX and total cost of ownership, ease of management and remote troubleshooting, faster deployment, and end-to-end visibility. However, cloud connectivity failure that may hamper business-critical functions is acting as a restraint that is hindering the growth of Wi-Fi as a Service adoption.
The network planning and designing service is an important part of the Wi-Fi as a Service ecosystem. In the Wi-Fi as a Service market space, this service is outsourced from the vendors and thus saves the organizational cost to hire network engineers for this service. The network engineers have to compare and evaluate the technical requirements and also need to decide on the type of wireless network required, according to the area and customer requirements.
North America is expected to hold the largest market share in 2016, while APAC is the fastest-growing region in terms of CAGR. Due to rapid digital transformation in this region, the need for managed IT services is increasing. Further, as broadband and mobile infrastructure is improving in this region, the mobile workforce and BYOD trend is also gaining momentum. Moreover, cloud emergence and mandatory government regulations are simultaneously helping in boosting the growth of the Wi-Fi as a Service market in the region.
- ADTRAN, Inc.
- Aerohive Networks, Inc.
- Aruba, A Hewlett Packard Enterprise Company
- Bigair Group Limited
- Boingo WirelessCisco SystemsFujitsu Limited , Inc.
- iPass Inc.
- Mojo Networks, Inc.
- Rogers Communications Inc.
- Ruckus Wireless, Inc., A Brocade Company
- Singapore Telecommunications Limited (Singtel)
- Telstra Corporation Limited
- ViaSat Inc.
- Zebra Technologies Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Wi-Fi as A Service Market Analysis, By Service Type
8 Wi-Fi as A Service Market Analysis, By User Location
9 Wi-Fi as A Service Market Analysis, By Organization Size
10 Wi-Fi as A Service Market Analysis, By Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/ch9lbd/wifi_as_a
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/wi-fi-as-a-service-market-to-reach-594-billion-by-2021---low-capex--total-cost-of-ownership-driving-growth---research-and-markets-300351800.html
SOURCE Research and Markets