Wi-Fi Equipment Market New events in technology and market size forecast by 2027 | Cisco Systems Inc., Huawei Technologies Co. Ltd.
Along with the market overview, which includes the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Global Wi-Fi Equipment Market. It clarifies the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Wi-Fi Equipment Market.
The global Wi-Fi Equipment market exhibited moderate growth during 2021-2027. Looking forward, the market to grow at a CAGR of around 18.1%.
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The leading market players listed are:
Cisco Systems Inc., Huawei Technologies Co. Ltd., Ruckus Wireless, Alcatel-Lucent Inc., ADTRAN Inc., Airvana Inc., Aruba Networks Inc., BelAir Networks Inc.
Working from home has become a megatrend these days. The speed of the shift to large-scale remote work has resulted in personal devices, including mobile phones, laptops, tablets, desktops, etc. Employees are also observed using personal WiFi internet connections to access the corporate network. This unexpected disruption due to the COVID-19 pandemic boosted the use of WiFi to keep businesses and critical functions operational. On the companies end, multiple industries globally bounced back from the COVID-19 pandemic via engaging in bandwidth-hungry applications, such as voice, video, and IoT devices. Therefore, as the demand for WiFi increases, wireless networks become oversubscribed, leading the allied IT teams to throttle application performance.
Scenario for Covid-19:
Throughout the initial period of the pandemic's lockdown, businesses and manufacturing units in numerous countries suffered. During this period, deferred facilities and interrupted supply chains were the key factors affecting the market growth.
Nevertheless, with the obligatory preventative measures in place to prevent the spread of the disease, most of the regions have improved or are recovering. Vaccination drives are also picking up across the region, which is helping the sector develop even more.
Types of Products:
Wireless Access Points
Wireless LAN Controllers
China has an established ecosystem for 5G, which is expected to grow further in the forecast period. However, the 5G technology is likely to serve as a hotspot technology and the current mobile broadband, and the growth is expected to be gradual. In the Asia-Pacific region, China has one of the most extensive 5G networks. According to the Ministry of Industry and Information Technology, China expects to build over 600,000 5G base stations in 2021.
In China, Wi-Fi is also widely being used for indoor applications. With its robust consumer electronics industry, the country is expected to witness the rapid adoption of Wi-Fi over the forecast period. Additionally, in November 2020, a China-based company, ZTE, launched its first Wi-Fi 6 set-top box, the ZTE ZXV10 B860AV6, which offers high-speed internet access, along with high stability and low latency. Additionally, it supports Wi-Fi 6 Transmission QoS solutions and a Smart Networking Solution for the whole house.
Regions and Countries Level Analysis:
Regional analysis is another highly comprehensive part of the research and analysis study of the global Wi-Fi Equipment market presented in the report. This section sheds light on the sales growth of different regional and country-level Wi-Fi Equipment markets. For the historical and forecast period 2021 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Wi-Fi Equipment market.
The report offers an in-depth assessment of the growth and other aspects of the Wi-Fi Equipment market in important countries (regions), including:
North America (the 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, etc.)
Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
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Table of Content:
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of MR Reporting Wi-Fi Equipment Market
2 Market Trends and Competitive Landscape
3 Segmentation of Wi-Fi Equipment Market by Types
4 Segmentation of Wi-Fi Equipment Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Wi-Fi Equipment Market in Major Countries
7 North America Wi-Fi Equipment Landscape Analysis
8 Europe Wi-Fi Equipment Landscape Analysis
9 Asia Pacific Wi-Fi Equipment Landscape Analysis
10 Latin America, Middle East & Africa Wi-Fi Equipment Landscape Analysis
11 Major Players Profile
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