Press release
Outdoor Wi-Fi Market to grow from a market value of USD 28.51 billion in 2017 to USD 63.25 billion by 2023| Major Players - AEROHIVE NETWORKS, AIRSPAN NETWORKS, CISCO SYSTEMS, FORTINET, HEWLETT PACKARD COMPANY, HUAWEI, MOTOROLA, NOKIA SIEMENS NETWORKS, am
Market Analysis:North America to have the Highest Market Share
The outdoor Wi-Fi in this region, under the transportation sector, is gaining recognition with a number of service hubs looking to monetize their Wi-Fi networks by using vehicle as an outdoor Wi-Fi relay point to deliver location-based services.
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Several wireless applications have been envisaged with wireless internet technology, which can be used for the provision of mobile and wireless applications and services. Further, the popularity of these services is growing rapidly, along with technologies such as Internet of Things and social networking, therefore, boosting the market. The deployment of smart infrastructure systems, based on IoT techniques, helps companies establish and maintain work efficiency and continuous workflow, which is further boosting the market growth. Moreover, the increasing investments in smart city projects, globally, are expected to boost the market during the forecast period. Many revolutionary products (like smart watches, wearables and shoes) are being deployed, which depend on outdoor Wi-Fi services for functionality, which fuels the growth of outdoor Wi-Fi systems. The trend of internet penetration in the education institutions has proliferated, globally and is expected to drive the market.
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Market Segments:
Outdoor Wi-Fi Market is segmented by:
1. Products And Services: Products (Wlan Controllers, Access Points, Wireless Hospot Gateways), Services (Network Planning And Design, Installation And Support), Others
2. End-User Industry: Healthcare, Education, Logistics And Transporatation, Travel And Hospitality, Public Utilities, Others
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa
Key Developments in the Market
• January 2018: Netgear has released new Orbi satellite, which is primarily for outdoor Wi-Fi systems the total coverage accounts for about 2,500 sq. meters which supports mesh networks.
• January 2018: 130 new Xfinity outdoor hotspots have been added in Bloomington by Comcast. This helps in the expansion of outdoor Wi-Fi services provided in Indiana.
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