The global Wi-Fi as a service market size is expected to reach USD 14.51 Billion in 2028 and register a CAGR of 20.2% during the forecast period, according to latest analysis by Emergen Research. Robust market revenue growth is expected to be driven by increasing implementation of public Wi-Fi, rising demand for Wi-Fi as a service to reduce capital and operational expenditure, and increasing government initiatives towards smart city projects.
The Global Wi-Fi as a Service Market report is dubbed as the first study encompassing the current situation of the Wi-Fi as a Service market that is gravely impacted by the COVID-19 outbreak. The global health emergency has drastically affected the global economy, causing significant repercussions on this particular business sphere.
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Leading manufacturers profiled in the report:
Extreme Networks Inc., Cisco Systems, Inc., Rogers Communications Inc., Wi-Fi-Soft Solutions Pvt. Ltd., CommScope Inc., Viasat Inc., iPass Inc., Riverbed Technology, Inc., Ubiquiti Inc., and Mist Systems, Inc.
Emergen Research has segmented the global Wi-Fi as a service market on the basis of service, organization size, location, end-use, and region:
Service Outlook (Revenue, USD Billion; 2018–2028)
Managed Services
Professional Services
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
SMEs
Large Enterprises
Location Outlook (Revenue, USD Billion; 2018–2028)
Indoor Location
Outdoor Location
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Retail
Healthcare
Education
BFSI
Government
Hospitality
Manufacturing
Transportation & Logistics
Telecom & IT
Others
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Some Key Highlights from the Report
The managed services segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing adoption of managed services among end-user to address budgetary constraints and lack of technological knowledge are some key factors expected to boost revenue growth of this segment going ahead.
The large enterprise segment is expected to lead in terms of revenue over the forecast period due to increasing implementation of Wi-Fi as a service among large enterprises for better network security among large enterprises.
The outdoor location segment is expected to lead in terms of revenue over the forecast period due to increasing implementation of outdoor access points for smart cities and at colleges and universities.
The education segment is expected to lead in terms of revenue over the forecast period due to rising adoption of Wi-Fi and Bring Your Own Device (BYOD) trends in the education industry.
Key Features of the Report:
The report covers Wi-Fi as a Service business overview, product portfolios, market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns
The report covers different business expansion strategies undertaken by prominent players to offer a better understanding of the competitive landscape
The report covers an extensive 8-year analysis of the Wi-Fi as a Service market
Extensive analysis of the key elements like drivers, restraints, limitations, opportunities, and threats
Key Regions Studied in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the report provides a qualitative and quantitative analysis of the Global Wi-Fi as a Service market including the global and regional analysis of the market. The study covers critical information and factual data about the Wi-Fi as a Service market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Wi-Fi as a Service market is expected to fare in the forecast timeline. The report utilizes Wi-Fi as a Service analytical tools to offer an estimation of the outlook of the global state of the Wi-Fi as a Service market industry.
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