Wi-Fi Market by Component (Hardware, Services, Solution), Density (Enterprise-Class Wi-Fi, High-Density Wi-Fi), Location Type, Organization Size, Vertical - Global Forecast 2024-2030

Wi-Fi Market by Component (Hardware, Services, Solution), Density (Enterprise-Class Wi-Fi, High-Density Wi-Fi), Location Type, Organization Size, Vertical - Global Forecast 2024-2030

The Wi-Fi Market size was estimated at USD 15.68 billion in 2023 and expected to reach USD 17.84 billion in 2024, at a CAGR 14.57% to reach USD 40.66 billion by 2030.

Global Wi-Fi Market

Wi-Fi is referred to as wireless networking technology that allows smartphones, computers, or other devices to connect to the internet or communicate within a specified network wirelessly. This technology is propagated through radio waves without wired connections, thus providing convenience and flexibility in accessing data and information online. The increasing use of smart devices, the widespread adoption of IoT, and the surge in online gaming and media streaming have all led to an incline in the demand for high-speed internet connectivity, driving the market expansion. However, high infrastructure investment and maintenance costs, network security concerns, and inadequate connectivity in rural areas may hinder the Wi-Fi market growth. Nevertheless, the ongoing deployment of public Wi-Fi across cities and increasing global wireless traffic may create potential opportunities for the growth of the Wi-Fi market.

Regional Insights

The Wi-Fi market is evolving in the Americas owing to the robust technological infrastructure and a thriving digital ecosystem and focus on enhancing customer experience and improving operational efficiency. Among EU countries, the Wi-Fi market is empowered by an advanced digital landscape and the implementation of smart cities. Nations such as Germany, France, and the UK are at the forefront of Wi-Fi technology, with investments in innovative solutions and new patents. The Middle East and Africa represent a rapidly expanding Wi-Fi market due to upsurge in digitization, and increased smartphone usage is fueling consumer demand for Wi-Fi. The Wi-Fi market in the Asia-Pacific region is growing due to increased technology adoption and internet penetration. Besides, emphasis on developing enhanced Wi-Fi and expanding the 5G network is anticipated to propel the use of Wi-Fi solutions by the end-users globally.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wi-Fi Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Wi-Fi Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Wi-Fi Market, highlighting leading vendors and their innovative profiles. These include Alcatel-Lucent Enterprise International, ALE International SAS, AT&T Inc., Bharti Airtel Limited, Broadcom Inc., Cambium Networks, Ltd., Casa Systems, Inc., Cisco Systems, Inc., Cloud4Wi, Inc., Comcast Business, D-Link Corporation, Extreme Networks, Inc, Fon Wireless Ltd., Fortinet, Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd., Juniper Networks Inc., LEVER Technology Group Ltd., Manhattan Telecommunications Corporation, Motorola Solutions Inc., NETGEAR Inc., New H3C Technologies Co. Ltd., Panasonic Corporation, Purple Wi-Fi Ltd., SDMC Technology Co., Ltd, Telefonaktiebolaget LM Ericsson, Telstra Group Limited, and Vodafone Idea Limited.

Market Segmentation & Coverage

This research report categorizes the Wi-Fi Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Hardware
Access Points
Wireless Hotspot Gateways
WLAN Controllers
Services
Managed Services
Professional Services
Solution
Density
Enterprise-Class Wi-Fi
High-Density Wi-Fi
Location Type
Indoor
Outdoor
Organization Size
Large Enterprises
Small & Medium-Sized Enterprises
Vertical
Education
Government
Healthcare & Life Sciences
Hospitality
Manufacturing
Retail & E-Commerce
Transportation & Logistics
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Wi-Fi Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wi-Fi Market?
3. What are the technology trends and regulatory frameworks in the Wi-Fi Market?
4. What is the market share of the leading vendors in the Wi-Fi Market?
5. Which modes and strategic moves are suitable for entering the Wi-Fi Market?

Note: PDF & Excel + Online Access - 1 Year