Press release
Carrier Wi-Fi Market 2018 – 2024 By Growth Potential, Regional Outlook and Top Key Players: Airspan, Alcatel-Lucent, Cisco Systems, Aruba Networks, ADTRAN, BelAir Networks, Ericsson, Hewlett-Packard, Motorola Solutions, and Ruckus
Carrier Wi-Fi Market size is growing at a fast rate due to the increasing adoption of IoT and 5G applications along with the rising advent of smart cities. Carrier Wi-Fi provides a better user experience to the end users by delivering an easy access to Wi-Fi with enhanced service quality. It also enables service providers to manage a large network of access points, supporting thousands of nodes.The carrier Wi-Fi market is fragmented with the existence of a substantial number of players. Some of the major players present in the market are Airspan, Alcatel-Lucent, Cisco Systems, Aruba Networks, ADTRAN, BelAir Networks, Ericsson, Hewlett-Packard, Motorola Solutions, and Ruckus Wireless.
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There is an increase in the amount of data generated from various electronic devices such as tablets, smartphones, and laptops in numerous developed and developing countries. The amount of mobile data generated in 2014 was around 2 exabytes and reached around 8 exabytes by 2017. Hence, the deployment of carrier Wi-Fi solutions assists operators to cope with the growing data by enabling them to offload traffic onto the fixed networks in high-traffic areas such as city areas or at major events. This method permits the operators to move the data transmission to a Wi-Fi-based network, reducing the traffic and increasing the efficiency.
Despite the strong inclination of the operators toward the carrier Wi-Fi market, there are still certain issues, which may limit their growth. There are a set of crucial technologies such as enhanced tools for managing Wi-Fi hotspots that are considered as a key requirement for the high-volume deployments of this solutions. A shortage of these tools acts as a critical parameter, hampering the market growth.
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The carrier Wi-Fi market has penetration into software such as network management, network monitoring & intrusion prevention, and network performance analytics. The network management software is projected to hold the highest market share as it offers various benefits to the mobile operators such as reduced power usage, service flexibility, and enhanced service environment including location-based & data analytics services, accelerating the market demand.
The carrier Wi-Fi market solutions are adopted in various application verticals including BFSI, IT & telecom, healthcare, energy, government, education, and transportation. The market is witnessing a huge adoption rate from the IT & telecom and financial service sectors due to a growth in the SIM-based Wi-Fi access points that provide a closer integration between the mobile network and Wi-Fi.
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Companies operating in these industries are also innovating advanced solutions to deliver an enhanced customer experience and gain a competitive edge in the market. For instance, in October 2017, Nokia introduced a new carrier Wi-Fi for in-home solutions. This new solution will provide gigabyte coverage to the entire home, eliminating the interfaces and dead zones.
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