Market Research Future (MRFR) projects the global Wi-Fi as a Service Industry to reach USD 5 billion at a CAGR of 38% from 2018 to 2023 (forecast period).
Wi-Fi, in general, is a cloud-based management system. The Wi-Fi as a service industry is growing in popularity due to Wi-Fi technology, which uses radio waves to provide network connectivity all over the world. A Wi-Fi connection is recognized by a wireless connecter, which creates hotspots in the vicinity of a wireless router. As a result, these are linked to the network, and it allows operators to use internet facilities. Wi-Fi as a service industry is based on the amount of data on the network and provides wireless connectivity to devices using frequencies ranging from 5GHz to 2.4GHz. Wi-Fi enables businesses with limited IT resources to provide their employees and customers with stable, fast, and secure wireless LAN access from many locations.
COVID-19 Impact on the Global Wi-Fi as a Service Market
COVID 19 has had an impact on practically every industry, including Wi-Fi as a service market. The Wi-Fi service market also experienced a halt. For a variety of reasons, most consumers were hesitant to sign up for subscriptions or spend money on Wi-Fi network services.
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Leading players profiled in the global Wi-Fi as a service market report include Zebra Technologies Corporation (U.S.), IPASS Inc. (U.S), Ruckus Wireless (U.S.), Big Air Group Limited (Australia), Fujitsu Limited (Japan), Hewlett Packard Enterprise Company (U.S.), Singapore Telecommunications Limited (Singapore), Rogers Communication Inc. (U.S.), Telstra Corporation Limited (Australia), and Cisco Systems Inc. (U.S.).
The MRFR report provides an inclusive segmental analysis of the global Wi-Fi as a service market based on industry, organization size, location, service, and hardware.
By hardware, the global Wi-Fi as a service market is segmented into Wi-Fi as a service, antenna, Wireless LAN controller, wireless access point, and gateway.
By location, the global Wi-Fi as a service market is segmented into indoor and outdoor.
By service, the global Wi-Fi as a service market is segmented into cloud access point, network planning and design, and support and maintenance.
By organization size, the global Wi-Fi as a service market is segmented into small and medium scale business, large scale business, and others. Of these, the small and medium scale business segment will lead the market over the forecast period.
By industry, the global Wi-Fi as a service market is segmented into healthcare, manufacturing, retail, and education. Of these, the education segment will dominate the market over the forecast period.
Based on region, the global Wi-Fi as a service market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. Presence of healthy organization, favourable administrative strategies, presence of top industry players, the initial implementation of evolving and new technologies, and huge investments in cloud-based solutions are adding to the global Wi-Fi as a service market growth in the region.
The Wi-Fi as a service market in the APAC region is predicted to have healthy growth over the forecast period. Burgeoning demand for economic Wi-Fi services in SMEs is adding to the global Wi-Fi as a service market growth in the region.
The global Wi-Fi as a Service Market Report Market Trendshas been affected due to the lockdown across the regions. Thus, to meet the global market demands, the global market increased its speed in producing more valuable products for its intended customers. Recently, the global market has stabilized its position in the global market and is expected to register a higher Wi-Fi as a Service MarketReport Market Size for the forecast period.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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