The Global Wi-Fi Market is estimated to be USD 14.1 billion in 2021 and is expected to reach USD 38.2 billion by 2026, growing at a CAGR of 22%.
Key factors such as rising enterprise mobility requirements, rising BYOD trends among organizations, growing demand for data-intensive applications that need high bandwidth and speed have been driving the overall Wi-Fi market growth. Nowadays, organizations across all business verticals are coming up with improved standards to provide better connectivity and mobility to their users. This is likely to drive the market growth further.
Conversely, security threats, such as Wireless hacking, is the major restraint for the market growth. Also, the lack of skilled laborers to troubleshoot the wireless devices is another factor hindering the market growth. Deployment of 3G and 4G communication infrastructures may also act as a challenge to the Wi-Fi market. Connectivity and performance issues such as configuration, gateway limitation, path loss, co-channel interference, and inconsistent connectivity are further expected to create an obstacle for the Wi-Fi market growth.
Growing Adoption of BYOD Trend Among Organizations
Rapidly Increasing in the Demand for Wireless and Smart Devices
Emergence of IoT
Rising Enterprise Mobility Requirements
Growing Demand for Data-Intensive Applications that Need High Bandwidth and Speed
Stringent Government Rules and Regulations
Contention Loss and Co-Channel Interference
Deployment of 3G and 4G Communication Infrastructures
Governments' Initiatives for Smart City Projects
Increasing Demand for Carrier Wi-Fi
Poor User Experience in High-Density Environments
Security and Privacy Concerns
Slow Adoption Among SMEs
Some of the companies covered in this report are Cisco, Aruba92, Juniper Networks, Netgear, Huawei, Ericsson, Extreme Networks, Aptilo Networks, Boingo Wireless, Panasonic, Ruckus Networks, iPass, Tp-link, etc.
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
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The report offers a comprehensive evaluation of the Global Wi-Fi Market.
The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using Competitive Quadrant, the analyst's proprietary competitive positioning tool.
A complete analysis of the market including parent industry
Important market dynamics and trends
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
10 Introduction Global Wi-Fi Market, By Vertical 10.1 Introduction 10.2 Education 10.3 Healthcare 10.4 Retail 10.5 Transportation 10.6 Government 10.7 Manufacturing 10.8 Hospitality 10.9 Sports and Leisure 10.10 Others
11 Global Wi-Fi Market, By Geography 11.1 Introduction 11.2 North America 11.2.1 US 11.2.2 Canada 11.2.3 Mexico 11.3 South America 11.3.1 Brazil 11.3.2 Argentina 11.4 Europe 11.4.1 UK 11.4.2 France 11.4.3 Germany 11.4.4 Italy 11.4.5 Spain 11.4.6 Rest of Europe 11.5 Asia-Pacific 11.5.1 China 11.5.2 Japan 11.5.3 India 11.5.4 Indonesia 11.5.5 Malaysia 11.5.6 South Korea 11.5.7 Australia 11.5.8 Russia 11.5.9 Rest of APAC 11.6 Rest of the World 11.6.1 Qatar 11.6.2 Saudi Arabia 11.6.3 South Africa 11.6.4 United Arab Emirates 11.6.5 Latin America