Managed Wi-Fi Market (2020-2026) Analysis, Top Players, Latest Developments In Technology and Cost Structures | Cisco Systems, Vodafone, Aruba, Purple, Fujitsu

The global managed Wi-Fi market is forecast to reach USD 9.68 Billion by 2026, according to a new report by Reports and Data. The managed Wi-Fi solution market is gaining traction due to the increasing demand in enterprise mobility services and an increase in the deployment of public Wi-Fi in several physical venues. Growth in the number of devices that require Wi-Fi is also creating a demand for the market. Demand for smart devices such as smartphones, laptops, tablets, digital cameras, and consoles are rising at a rapid rate leading to a pressing need for high-speed internet.

In the past decade, the scenario for WLAN has changed dramatically. Form managing few access points (AP) to providing hotspots for several employees in an office, the Wi-Fi is now expected to cover the whole enterprise, which may have hundred to thousand users. To manage the high scale demand for wireless connectivity, enterprises are hiring professionals to manage their Wireless LAN. Cloud-based Wi-Fi provides ample opportunity for the growth of the market. The service providers manage the entire WLAN ecosystem remotely ensuring a secure, stress-free Wi-Fi network.

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The emerging and present key participants in the Managed Wi-Fi market are:

Cisco Systems, Vodafone, Aruba, Purple, Fujitsu, Mojo Networks, WiFi Sparks, Rogers Communication, Verizon, and Comcast Business, among others.

Profitability scope and Prospects

The key participants who have shown tremendous growth in the Managed Wi-Fi market have been included in the report. In the report, data from 2016 to 2018, shows that some of the companies have shown enormous sales revenues, with the net revenue being doubled and the profits continually increasing. The profitability of the products being sold by the company indicates the influence and competitive advantage these companies have over the others.

For the purpose of this report, Reports and Data have segmented into the global managed WiFi market on the basis of components, networking services, infrastructure services, organization size, vertical, and region:

Components Outlook (Revenue, USD Billion; 2016-2026)

Solution
Services

Networking Services Outlook (Revenue, USD Billion; 2016-2026)

Network Security
Network Planning and Designing
Network Consulting
Others

Infrastructure Services Outlook (Revenue, USD Billion; 2016-2026)

Survey and Analysis
Installation and Provisioning
Others

Organization Size Outlook (Revenue, USD Billion; 2016-2026)

Large Enterprises
Small and Medium Sized Enterprises

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Vertical Outlook (Revenue, USD Billion; 2016-2026)

Manufacturing
IT & Telecommunications
Healthcare
BFSI
Education
Retail
Government and Public Sector
Transportation and Logistics

Regional Outlook (Revenue in USD Million; 2016–2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest

-Wi-Fi managed services held a market share of ~53% in the year 2018. Increase in demand for professionals to handle the rising number of wireless internet users are fuelling the demand for the market.

-Managed Wi-Fi is a reliable and quick wireless service with several features to improve the company’s workforce performance and provide greater visitor engagement. Network consulting segment held a market share of ~26% in the year 2018.

-Enterprises opt to outsource Wi-Fi management from a different source only if they are sure that the management company will provide a secure and reliable network. Protection of confidential data and their employee’s privacy is paramount for the enterprise. Network security segment held a market share of ~29% in the year 2018.

-On the basis of infrastructure, installation, and provisioning held the largest market share of ~41% in the year 2018 and is forecast to have the highest growth rate of 15.4% during the period 2019-2026.

-Transportation and Logistics are increasingly adopting managed Wi-Fi services. The wireless technology finds several applications such as communication, tracking, inventory, distribution, and storage, among others in the transportation sector. Real-time tracking is crucial in this business. The segment held a market share of ~14% in the year 2018.

-Banking, financial services, and insurance require a very secure Wi-Fi connection to protect the highly confidential information regarding its clients. This sector is forecast to hold a market share of ~16% in the year 2026…Continued

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Objectives of the study:

Our panel of expert analysts specializing in the value chain has conducted an exhaustive, industry-wide study to offer readers accurate insights into the future of the Managed Wi-Fi market and give key market players authentic information derived via both primary and secondary sources of data collection. Additionally, the report also comprises of inputs from our consultants, which can help companies make the most of the available market opportunities. It also offers a detailed breakdown of the sales of Managed Wi-Fi and the factors that could potentially influence the growth of the industry. The information provided in this report will be able to help readers capitalize on the available growth.

The Managed Wi-Fi report addresses the following questions:

Understand the demand for global Managed Wi-Fi to determine the viability of the market.

Identify the developed and emerging markets where Managed Wi-Fi are offered.

Identify the challenge areas and address them.

Develop strategies based on the drivers, trends and highlights for each of the segments.

Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.

Recognize the key competitors of this market and respond accordingly.

Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.

Define the competitive positioning by comparing the products and services with the key players in the market.

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