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.
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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.
By product, Wi-Fi market can be classified into access points, WLAN controllers, and wireless hotspot gateways. Access points are projected to dominate the 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 Wi-Fi 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.
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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.
Methodology used in Wi-Fi Market Report –
Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
- Definition and scope of research
- Market dynamics, growth drivers and industry pitfalls
- Regulatory and political guidelines for the industry
- Demographics and statistical data
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