Press release
Wi-Fi Market Analysis 2022 | Industry Trends, Report, Top Key Players Growth 2027
IMARC Group has recently released a new research study titled "Wi-Fi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global Wi-Fi market reached a value of US$ 24.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 54.53 Billion by 2027, exhibiting a CAGR of 13.70% during 2022-2027.Wireless fidelity (Wi-Fi) refers to a wireless networking technology that enables devices, such as smartphones, laptops, desktops, tablets, printers, video cameras, and smart wearable devices, to interface with the internet. It utilizes radio waves to transmit information between the connected device and a router through frequencies. It functions similarly to a two-way radio communication system, wherein the wireless adapter of the device converts data into a radio signal and imparts it using an antenna, and a wireless router receiving the signal and decoding and sending the information to the internet utilizing a physical, wired ethernet connection. It also allows several devices integrated with wireless adapters to connect with one router for accessing the internet.
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Wi-Fi Market Trends and Drivers:
At present, the increasing demand for Wi-Fi as it provides a convenient and reliable connection to the internet represents one of the key factors influencing the market positively. Besides this, the rising utilization of various smart devices to work, access the internet, and connect with other individuals is propelling the growth of the market.
In addition, the growing adoption of technologically advanced medical devices integrated with internet of things (IoT) in various healthcare facilities is offering a favorable market outlook.
Apart from this, the increasing popularity of online gaming and the utilization of augmented reality and virtual reality (AR/VR) headsets is contributing to the growth of the market.
𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/checkout?id=5311&method=1
Global Wi-Fi Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AT&T Inc., Broadcom Inc., Cisco Systems Inc., Extreme Networks, Fortinet Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., Juniper Networks Inc., Motorola Solutions Inc., Panasonic Corporation, Singapore Telecommunications Limited, Telefonaktiebolaget LM Ericsson, Telstra Corporation Limited and Ubiquiti Inc.
The report has segmented the market on the basis of region, component, density, location type, organization size and industry vertical.
Breakup by Component:
• Hardware
• Solutions
• Services
Breakup by Density:
• High-Density Wi-Fi
• Enterprise-Class Wi-Fi
Breakup by Location Type:
• Indoor
• Outdoor
Breakup by Organization Size:
• Large Enterprises
• Small and Medium-sized Enterprises
Breakup by Industry Vertical:
• IT and Telecommunication
• Education
• BFSI
• Healthcare
• Logistics and Transportation
• Retail
• Government
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/wi-fi-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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