Wi-Fi Market Trends By 2024 Key Players: Aruba Networks, Alcatel-Lucent, Ericsson, Juniper Networks, Netgear, Cisco Systems, Ruckus Wireless, Aptilo Networks, Aerohive, Ubiquiti Networks, CA World Wi-Fi, Edgewater Wireless Systems, Airspan Networks

Market Overview: -

Wi-Fi Market will witness a rapid growth to 2024. Increasing use of internet across the globe and excessive penetration of smart devices, such as smartphones and tablets, is driving the Wi-Fi market growth. Enhanced productivity of organizations and businesses will further fuel the industry growth over the forecast times pan. It helps in providing a competitive advantage to various verticals that include retail & hospitality, logistics & transportation, defense & military, education, and healthcare. Rising need of advanced internet services in these verticals will propel the growth of Wi-Fi market.

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Top Key Players: -

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.

Market share calculation in this report is not done based on companies covered in it. The calculation of Wi-Fi Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

North America exhibited the largest 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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Co-channel interference and adjacent channel interference will act as the major restraints for the growth of this industry as they lead to the deficient performance of this service. Loss of contention will pose a challenge to Wi-Fi market growth. Security concerns and regulations regarding the privacy of data will further pose a threat to the industry growth. Wireless hacking can also threaten data privacy of the users. Moreover, the lack of experienced and skilled labor for handling issues and problems associated with the connectivity of wireless devices is expected to pose a challenge to this industry.

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. The U.S. government launched an initiative of providing free public Wi-Fis with supporting partnerships from giants such as Google and Microsoft.

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