Wifi as a service Market, Market Size, Trends & Growth Opportunity, Wi-Fi as a Service Market by Solution (Access Points and WLAN Controllers), Service (Professional and Managed Services), Location Type (Indoor and Outdoor), Organization Size, Verticals R

Wifi as a service Market, Market Size, Trends & Growth Opportunity, Wi-Fi as a Service Market by Solution (Access Points and WLAN Controllers), Service (Professional and Managed Services), Location Type (Indoor and Outdoor), Organization Size, Verticals Region and forecast till 2027.

Wi-Fi as a service Market

Wi-Fi as a Service is a subscription-based service that consists of three major components: infrastructure, software, and managed services. We have taken our proprietary methodology developed over the last eleven years designing and installing large-scale wireless networks (on average 450 access points per deployment) and packaged virtually every aspect of a high-performing, secure Wi-Fi network into a single end-to-end solution with Wi-Fi as a Service.

Drivers: Business digital transformation initiatives are paving the way for Wi-Fi networks.

With rapid technological advancements, there is an increase in digital solutions, connected devices, and IoT systems. The rapid adoption of digital solutions has paved the way for the growth of the WaaS market. The number of mobile subscribers around the world is expected to skyrocket in the coming years. According to the Global System for Mobile Communications (GSMA) Mobile Economy 2021 report, at the end of 2020, there were approximately 5.2 billion mobile service subscribers. As the number of smartphone users grows, more people will be able to rely on their smartphones to connect with their peers remotely for business operations. Organizations around the world are eagerly implementing technologically advanced applications across their verticals in order to engage customers in innovative and captivating ways, raising the demand for adequate wireless quality.

Restraints: Data security, privacy concerns, and slower backups are all factors to consider. It is critical for businesses to protect the privacy and confidentiality of organisational data. As a result, businesses are hesitant to move their data to the cloud and, as a result, continue to use the traditional Wi-Fi network. Another major concern is natural or man-made disasters that can damage data centres, resulting in a loss of internet connectivity and, as a result, affecting various business processes. In November 2018, data hackers stole the personal information of 500 million guest accounts at Marriott International, a diversified hospitality company based in the United States. Because Waas is a cloud-based wireless internet service with significant communication latency, backups may take longer than they would with an in-house system. This isn't usually an issue for larger, full backups.

Impact of COVID-19

During the COVID-19 pandemic, the IT and telecom sectors are playing a critical role in supporting countries' digital infrastructure around the world. Every individual and government, whether federal, state, central, local, or provincial, has been in constant communication with one another in order to provide and receive real-time information on COVID-19. Healthcare, telecommunications, utilities, and government sectors work around the clock to stabilise the situation and provide essential services to everyone. COVID-19 cases are increasing on a daily basis, as is the number of infected people. COVID-19 has had a significant impact on all-sized businesses, according to individuals. Manufacturing, automotive, textile, transportation and logistics, travel and hospitality, and consumer goods have all been shut down as a result of country-level lockdowns around the world. This would have a significant impact on the global economy.

Segmentation By Solutions:

On the basis of Solutions, the market is segmented into Acess Point and Wlan Controllers. A WLAN is a wireless computer network that uses wireless communication to connect two or more devices to form a local area network within a specific area such as a school, home, or office building. An access point is a device that establishes a Wireless Local Area Network in a building or office space. To establish a WiFi signal, it can be connected to a wired router, switch, or hub via an ethernet cable.

Segmentation By Type:

By Scanning, the market is segmented into area scan and line scan. In 2020, area scan SWIR cameras dominated the SWIR market by type, and this trend is expected to continue throughout the forecast period. The dominance of area scan SWIR cameras can be attributed to their widespread adoption across multiple verticals. Among the applications of area scan SWIR cameras are industrial process monitoring, industrial furnace monitoring, solar cell inspection, driver vision enhancement, imaging through atmospheric obscurants, and security and surveillance.

Segmentation By services:

Based On the services the market is segmented into Professional services and Managed Services. When the WiFi network is outsourced to a qualified managed service provider, it is referred to as managed services. It boosts employee productivity while also providing a positive customer experience. WiFi as a service offers professional services such as training, support and maintenance, advisory and implementation, and others.

Segmentation By Location Type:

Based On the location Type the market is segmented into Indoor and Outdoor. Both segments to have a major contribution during the given forecast period.

Segmentation By Organization Size:

Based on the Organization Size the market is segmented into large enterprises and small & medium enterprises.

Segmentation By Vertical:

Based on the vertical, the, market is segment into Education, Retail, Travel and Hospitality, Healthcare and Lifesciences, Manufacturing. On a WiFi network, service providers can distribute customer feedback forms and practice CRM on a large scale. WiFi, as a service that facilitates the transfer of funds from one account to another, supports a variety of digital transactions. Using WiFi as a service, raw material counts and communication channels can be established in various manufacturing departments.

Segmentation by Region

Based on region, the NGS services market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. During the forecast period, Asia Pacific will account for the most market growth.Asia Pacific is home to major economies such as Singapore, Japan, China, India, and Australia, all of which present significant growth opportunities for WaaS providers. During the forecast period, the region is expected to grow at the fastest CAGR. The rising number of government initiatives, the growing need to reduce CAPEX, and the high investment in new technologies are the major factors driving the WaaS market growth in this region.

Competitive Landscape:

Major players in the market include Cisco (US), Huawei Technologies Co. (China), CommScope Inc. (US), Aruba – a Hewlett Packard Enterprise Company (US), Extreme Networks (US).

Industrial Development:

Huawei will release the Wi-Fi 6 AP and other data communication products in December 2021. Huawei's most recent ceiling-mounted Wi-Fi 6 products, including the AP363 and AP365, as well as the 86-type panels AP163 and AP165, have up to 3000M bandwidth and roaming delays as low as 10ms.

Tata Communications, a global enabler of the digital ecosystem, will provide Bandwidth-on-Demand (BoD) capabilities for Ethernet services in September 2021, increasing flexibility, improving end-user experience, and increasing cost efficiency. This enables enterprises to easily meet short-term bandwidth requirements by self-provisioning additional capacity into the pay-as-you-go model via a self-service customer portal.

Market taxonomy

Based on Solution:

• Access Points
• WLAN Controllers

Based on Service:

• Professional Services

Advisory and Implementation

Support and Maintenance

Training

• Managed Services

Based on Location Type:

• Indoor
• Outdoor

Based on Organization Size:

• Large Enterprises
• Small and Medium-Sized Enterprises

Based on Vertical:

• Education
• Retail
• Travel and Hospitality
• Healthcare and Life Sciences
• Manufacturing
• Banking, Financial Services, and Insurance
• Service Providers
• Transportation and Logistics
• Government and Public Sector
• Other Vertical

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa