Wi-Fi Market: Global and Regional Analysis with Forecast till 2028, Business Opportunities, Post COVID Scenario

According to the report, the global Wi-Fi market size is expected to reach $32.48 Billion by 2028 growing at the CAGR of 17.01% from 2021 to 2028. The increasing requirement for reliable network connectivity and adoption of Wi-Fi solutions in various verticals such as education, healthcare, and life sciences, retail and eCommerce, BFSI, and IT and telecom are the primary growth factors for the market. Contention loss and co-channel interference, and also strict government data restrictions and norms, have hampered the market. The smart city project and rising demand for carrier Wi-Fi will create an opportunity for the growth of the market.

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The recently published research report on Global Wi-Fi Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Wi-Fi market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Wi-Fi market report also includes the following data points:
• COVID19 Impact on Wi-Fi market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Wi-Fi market

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Key Players
Some of the major Wi-Fi players holding high market share include Cisco, Ericsson, Extreme Networks, Huawei. These players use acquisition and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Cisco
• Ericsson
• Extreme Networks
• Huawei
• Juniper Networks
• Panasonic
• Fortine
• NETGEAR
• Aruba
• Alcatel-Lucent Enterprise

Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Wi-Fi Market:
o Hardware
o Solutions
o Services

Market Segment By Density with focus on market share, consumption trend, and growth rate of Wi-Fi Market:
o Hi-Density Wi-Fi
o Enterprise-Class Wi-Fi

Market Segment By Location with a focus on market share, consumption trend, and growth rate of Wi-Fi Market:
o Indoor
o Outdoor

Market Segment By Vertical with a focus on market share, consumption trend, and growth rate of Wi-Fi Market:
o Education
o Retail and eCommerce
o Government
o Others

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Global Wi-Fi Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

APAC countries are investing in various wi-fi projects. The popularity of smart gadgets and the internet is increasing across APAC, necessitating the need for reliable and secure internet connectivity. Furthermore, as the Asia Pacific region's broadband and mobile infrastructure improve, the mobile workforce and BYOD trend gain momentum.

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