Wi-Fi Market Size, Share | Industry Report 2024
Industry at a Glance
Growing internet penetration coupled with a rapid rise in mobile data are some of the major factors driving demand for Wi-Fi worldwide. The industry is gradually witnessing the escalating adoption of smart and mobile devices resulting in escalating demand for Wi-Fi connection. Companies are increasingly focusing on upcoming changes and advancements in the wireless standards in an attempt to offer better internet experience to consumers.
Government initiatives encouraging the deployment of Wi-Fi primarily in developing countries including China, India, and Brazil is another factor driving growth in the Wi-Fi market. The industry is also witnessing the emergence of Wi-Fi hotspot which is expected to provide new avenues for market growth. Investment in smart city projects along with increasing remote mobile workers is anticipated to propel market growth significantly over the next few years.
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Key findings from the study: -
• With the advent of Internet of Things (IoT), WLAN controllers are witnessing increasing adoption to connect IoT devices to networks. Additionally, the emergence of cloud-managed WLAN is also steadily gaining traction in the market.
• Increasing number of business professionals who regularly travel for work related visits demand Wi-Fi to work during travel, which is estimated to catapult transportation Wi-Fi growth substantially over the coming years.
• Leading industry participants include Alcatel-Lucent, Cisco Systems, Aruba Networks, Ericsson, Ruckus Wireless Inc., Aptilo Networks, Aerohive, Netgear Inc., and Ubiquiti Networks Inc.
Ameri Research has segmented the Wi-Fi Market by material categories, product type, end-use and region:
Wi-Fi Market, by Product (Revenue, USD Billion)
• Access Points
• WLAN Controllers
• Wireless Hotspot Gateways
Wi-Fi Market, by Business Model (Revenue, USD Billion)
Wi-Fi Market, by Service (Revenue, USD Billion)
• Network Planning & Design
• Survey & Analysis
Wi-Fi Market, by End-Use (Revenue, USD Billion)
• Defense & Military
• Public Sector
Wi-Fi Market, by Region (Revenue, USD Billion)
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
• Saudi Arabia
Browse Full Report @ www.ameriresearch.com/product/wi-fi-market-size/
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