Wi-Fi industry analysis is covered in this latest research report
that aims to help those taking daily business decisions by providing market
trends information, competitive landscape scenario, forecasts and more.
Wi-Fi Market size is
anticipated to grow at a significant rate from 2017 to 2024. Increasing use of
internet across the globe and excessive penetration of smart devices, such as
smartphones and tablets, is driving the Wi-Fi market growth. Enhanced
productivity of organizations and businesses will further fuel the industry
growth over the forecast times pan. It helps in providing a competitive
advantage to various verticals that include retail & hospitality, logistics
& transportation, defense & military, education, and healthcare. Rising
need of advanced internet services in these verticals will propel the growth of
Wi-Fi market.
Co-channel interference
and adjacent channel interference will act as the major restraints for the growth
of this industry as they lead to the deficient performance of this service.
Loss of contention will pose a challenge to Wi-Fi market growth. Security
concerns and regulations regarding the privacy of data will further pose a
threat to the industry growth. Wireless hacking can also threaten data privacy
of the users. Moreover, the lack of experienced and skilled labor for handling
issues and problems associated with the connectivity of wireless devices is
expected to pose a challenge to this industry.
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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.
Shifting preference toward carrier Wi-fi is also seen
as an emerging trend in this industry. It helps in the improvement of service
quality, ease-of-use, and revenue generation. Currently, carrier Wi-Fi experts
are working on setting the required techniques that provide high-frequency band
selection based on RF power transmission and traffic congestion levels.
Multiple In Multiple Out (MIMO) signaling is another emerging technology that
is used to increase network bandwidth, link reliability, or spectral
efficiency. Using MIMO enhances the reach of Wi Fi network connections and
performance as compared to the networks with a single-antenna router.
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.
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.
North America exhibited the largest
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.
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.
This latest Wi-Fi
Market research
report offers in-depth analysis, key industry insights, market sizing &
forecast on a granular level for key products, applications across number of
regional markets. The report also analyzes the Wi-Fi industry from business strategy
perspective, describing in detail growth drivers, pitfalls &challenges for
participants, accompanied by a detailed competitive benchmarking including
company market share analysis and detailed business profiles.
Reasons to Buy This Report
•
Global Wi-Fi Market size & forecast by product & application.
•
Growth drivers, pitfalls & industry challenges.
•
Key Wi-Fi Market growth opportunities & emerging business models.
•
Competitive benchmarking with market share analysis and company
profiles.
About Global Market
Insights
Global Market Insights, Inc., headquartered in
Delaware, U.S., is a global market research and consulting service provider;
offering syndicated and custom research reports along with growth consulting
services. Our business intelligence and industry research reports offer clients
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and biotechnology.
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