Wifi as a Service Market
Growth Factors of Wifi as a Service Market
The Wifi as a Service Market size was valued at USD 1.30 billion in 2023. The market is projected to grow from USD 1.48 billion in 2024 to USD 4.40 billion by 2032, exhibiting a CAGR of 14.6% during the forecast period of 2024-2032.
The COVID-19 pandemic significantly impacted the WiFi as a Service (WaaS) market with the aid of accelerating the call for for dependable wireless solutions. As groups shifted to far off work and academic institutions followed online gaining knowledge of, the need for scalable and secure WiFi networks surged. Many organizations embraced WaaS to reduce the complexity of dealing with in-residence IT infrastructure, focusing on agility and fee-effectiveness. This surge created possibilities for WaaS carriers, even though deliver chain disruptions and price range constraints posed challenges. In the put up-pandemic generation, the marketplace is anticipated to retain growing as hybrid paintings fashions grow to be extra time-honored.
One of the latest tendencies in the WaaS marketplace is the adoption of WiFi 6 era. This new technology of wi-fi networking offers better speed, ability, and performance, making it ideal for environments with high device density, along with offices, stadiums, and schools. WiFi 6's improved performance in congested areas has end up important as companies adapt to hybrid and faraway paintings setups. Additionally, its decrease latency and higher electricity efficiency make it extra attractive for each enterprise and client markets, driving further funding in superior wi-fi infrastructure.
A key driving element for the growth of the WaaS market is the rising adoption of cloud-managed networking solutions. Businesses are an increasing number of searching out flexible and scalable networking models to support their growing wide variety of devices and remote users. Cloud-managed offerings provide actual-time tracking, smooth configuration, and centralized manipulate, which allows agencies lessen IT management fees and streamline operations. As greater companies move to cloud-based offerings for his or her network desires, the demand for WaaS answers maintains to grow, fueled by way of the need for price-efficient, secure, and reliable wi-fi connectivity.
Comprehensive Analysis of Wifi as a Service Market
The Wifi as a Service Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by access point, by location, by end user, by organization size. By Access Point include Standalone Access Point, Multifunction Access Point, Controlled Access Point. By Location include Indoor, Outdoor. By Organization Size include Large Enterprises, Small and Medium Enterprises (SMEs) .By End-User include Banking, Financial Services and Insurance (BFSI), Retail ,Manufacturing ,Transportation, Education, Healthcare Others (Oil & Gas).
The North America region lead the Wifi as a Service Market share by benefitting a market size of USD 0.60 million due to early adoption of advanced technology and the presence of major market players.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
March 2024 – Intel launched its new vPro computing platform with Wi-Fi 7 at the Mobile World Congress. Based at the newly launched Intel Core Ultra processor, the platform boasted information quotes as much as 5 times better than wellknown Wi-Fi 6.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 14.6% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Access Point
- Standalone Access Point
- Multifunction Access Point
- Controlled Access Point
By Location
- Indoor
- Outdoor
By Organization Size
- Large Enterprises
- Small and Medium Enterprises (SMEs)
By End-User
- Banking, Financial Services and Insurance (BFSI)
- Retail
- Manufacturing
- Transportation
- Education
- Healthcare
- Others (Oil & Gas)
By Region
- North America (Access Point, Location, Organization Size, End-User, and Country)
- U.S. (By Access Point)
- Canada (By Access Point)
- Mexico (By Access Point)
- Brazil (By Access Point)
- Argentina (By Access Point)
- Rest of South America
- U.K. (By Access Point)
- Germany (By Access Point)
- France (By Access Point)
- Italy (By Access Point)
- Spain (By Access Point)
- Russia (By Access Point)
- Benelux (By Access Point)
- Nordics (By Access Point)
- Rest of Europe
- Turkey (By Access Point)
- Israel (By Access Point)
- GCC (By Access Point)
- North Africa (By Access Point)
- South Africa (By Access Point)
- Rest of MEA
- China (By Access Point)
- India (By Access Point)
- Japan (By Access Point)
- South Korea (By Access Point)
- ASEAN (By Access Point)
- Oceania (By Access Point)
- Rest of Asia Pacific
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Key Takeaways
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Wi-Fi as a Service Key Players Market Share/Ranking, 2023
- 5. Global Wi-Fi as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Access Points (USD)
- 5.2.1. Standalone Access Point
- 5.2.2. Multifunction Access Point
- 5.2.3. Controlled Access Point
- 5.3. By Location (USD)
- 5.3.1. Indoor
- 5.3.2. Outdoor
- 5.4. By Organization Size (USD)
- 5.4.1. Large Enterprises
- 5.4.2. Small and Medium Enterprises (SMEs)
- 5.5. By End-user (USD)
- 5.5.1. Banking, Financial Services and Insurance (BFSI)
- 5.5.2. Retail
- 5.5.3. Manufacturing
- 5.5.4. Transportation
- 5.5.5. Education
- 5.5.6. Healthcare
- 5.5.7. Others (Oil & Gas, etc.)
- 5.6. By Region (USD)
- 5.6.1. North America
- 5.6.2. South America
- 5.6.3. Europe
- 5.6.4. Middle East & Africa
- 5.6.5. Asia Pacific
- 6. North America Wi-Fi as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Access Points (USD)
- 6.2.1. Standalone Access Point
- 6.2.2. Multifunction Access Point
- 6.2.3. Controlled Access Point
- 6.3. By Location (USD)
- 6.3.1. Indoor
- 6.3.2. Outdoor
- 6.4. By Organization Size (USD)
- 6.4.1. Large Enterprises
- 6.4.2. Small and Medium Enterprises (SMEs)
- 6.5. By End-user (USD)
- 6.5.1. Banking, Financial Services and Insurance (BFSI)
- 6.5.2. Retail
- 6.5.3. Manufacturing
- 6.5.4. Transportation
- 6.5.5. Education
- 6.5.6. Healthcare
- 6.5.7. Others (Oil & Gas, etc.)
- 6.6. By Country (USD)
- 6.6.1. United States
- 6.6.1.1. By Access Points
- 6.6.2. Canada
- 6.6.2.1. By Access Points
- 6.6.3. Mexico
- 6.6.3.1. By Access Points
- 7. South America Wi-Fi as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Access Points (USD)
- 7.2.1. Standalone Access Point
- 7.2.2. Multifunction Access Point
- 7.2.3. Controlled Access Point
- 7.3. By Location (USD)
- 7.3.1. Indoor
- 7.3.2. Outdoor
- 7.4. By Organization Size (USD)
- 7.4.1. Large Enterprises
- 7.4.2. Small and Medium Enterprises (SMEs)
- 7.5. By End-user (USD)
- 7.5.1. Banking, Financial Services and Insurance (BFSI)
- 7.5.2. Retail
- 7.5.3. Manufacturing
- 7.5.4. Transportation
- 7.5.5. Education
- 7.5.6. Healthcare
- 7.5.7. Others (Oil & Gas, etc.)
- 7.6. By Country (USD)
- 7.6.1. Brazil
- 7.6.1.1. By Access Points
- 7.6.2. Argentina
- 7.6.2.1. By Access Points
- 7.6.3. Rest of South America
- 8. Europe Wi-Fi as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Access Points (USD)
- 8.2.1. Standalone Access Point
- 8.2.2. Multifunction Access Point
- 8.2.3. Controlled Access Point
- 8.3. By Location (USD)
- 8.3.1. Indoor
- 8.3.2. Outdoor
- 8.4. By Organization Size (USD)
- 8.4.1. Large Enterprises
- 8.4.2. Small and Medium Enterprises (SMEs)
- 8.5. By End-user (USD)
- 8.5.1. Banking, Financial Services and Insurance (BFSI)
- 8.5.2. Retail
- 8.5.3. Manufacturing
- 8.5.4. Transportation
- 8.5.5. Education
- 8.5.6. Healthcare
- 8.5.7. Others (Oil & Gas, etc.)
- 8.6. By Country (USD)
- 8.6.1. United Kingdom
- 8.6.1.1. By Access Points
- 8.6.2. Germany
- 8.6.2.1. By Access Points
- 8.6.3. France
- 8.6.3.1. By Access Points
- 8.6.4. Italy
- 8.6.4.1. By Access Points
- 8.6.5. Spain
- 8.6.5.1. By Access Points
- 8.6.6. Russia
- 8.6.6.1. By Access Points
- 8.6.7. Benelux
- 8.6.7.1. By Access Points
- 8.6.8. Nordics
- 8.6.8.1. By Access Points
- 8.6.9. Rest of Europe
- 9. Middle East & Africa Wi-Fi as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Access Points (USD)
- 9.2.1. Standalone Access Point
- 9.2.2. Multifunction Access Point
- 9.2.3. Controlled Access Point
- 9.3. By Location (USD)
- 9.3.1. Indoor
- 9.3.2. Outdoor
- 9.4. By Organization Size (USD)
- 9.4.1. Large Enterprises
- 9.4.2. Small and Medium Enterprises (SMEs)
- 9.5. By End-user (USD)
- 9.5.1. Banking, Financial Services and Insurance (BFSI)
- 9.5.2. Retail
- 9.5.3. Manufacturing
- 9.5.4. Transportation
- 9.5.5. Education
- 9.5.6. Healthcare
- 9.5.7. Others (Oil & Gas, etc.)
- 9.6. By Country (USD)
- 9.6.1. Turkey
- 9.6.1.1. By Access Points
- 9.6.2. Israel
- 9.6.2.1. By Access Points
- 9.6.3. GCC
- 9.6.3.1. By Access Points
- 9.6.4. North Africa
- 9.6.4.1. By Access Points
- 9.6.5. South Africa
- 9.6.5.1. By Access Points
- 9.6.6. Rest of MEA
- 10. Asia Pacific Wi-Fi as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Access Points (USD)
- 10.2.1. Standalone Access Point
- 10.2.2. Multifunction Access Point
- 10.2.3. Controlled Access Point
- 10.3. By Location (USD)
- 10.3.1. Indoor
- 10.3.2. Outdoor
- 10.4. By Organization Size (USD)
- 10.4.1. Large Enterprises
- 10.4.2. Small and Medium Enterprises (SMEs)
- 10.5. By End-user (USD)
- 10.5.1. Banking, Financial Services and Insurance (BFSI)
- 10.5.2. Retail
- 10.5.3. Manufacturing
- 10.5.4. Transportation
- 10.5.5. Education
- 10.5.6. Healthcare
- 10.5.7. Others (Oil & Gas, etc.)
- 10.6. By Country (USD)
- 10.6.1. China
- 10.6.1.1. By Access Points
- 10.6.2. India
- 10.6.2.1. By Access Points
- 10.6.3. Japan
- 10.6.3.1. By Access Points
- 10.6.4. South Korea
- 10.6.4.1. By Access Points
- 10.6.5. ASEAN
- 10.6.5.1. By Access Points
- 10.6.6. Oceania
- 10.6.6.1. By Access Points
- 10.6.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Juniper Networks Inc.
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Cisco System Inc.
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. HPE (Aruba)
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Extreme Networks
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Huawei Technologies Co. Ltd.
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Fortinet
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Ruckus Networks
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Arista Networks
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. D-Link Corporation
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. TP-Link
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
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