Wi-Fi as a Service Market Key Companies and Analysis, Top Trends by 2032

The global Wi-Fi as a Service Market size was valued at USD 9.56 billion in 2022, and is projected to reach USD 15.57 billion by 2032 at a CAGR of 24.5% from 2022 to 2032.

Recent years have seen a sharp rise in the deployment of wireless networks, which is more than any previous historical phenomenon. There are high-speed wireless network connections in every home and workplace nowadays.

According to Analytics Market Research, the Wi-Fi range extender market had a value of USD 3600 million in 2021 and is projected to grow to USD 5913.38 million by 2029 at a CAGR of 6.4%. The market report created by the Analytics Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour in addition to market insights like market value, growth rate, market segments, geographical coverage, market players, and market scenario.

A Wi-Fi range extender is a gadget that increases a Wi-Fi router's current coverage area's internet connectivity. There are three different forms of Wi-Fi range extender equipment: extenders, repeaters, and boosters. The signal is obtained from the Wi-Fi router, amplified, and then transferred by the Wi-Fi range extender. By employing a Wi-Fi range extender device, the coverage area of the Wi-Fi router can be increased by twofold.

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Opportunity
Consumer electronics, safety, and military industries have experienced tremendous growth and development, setting off a trend that is creating new business prospects. In turn, this is fueling the Wi-Fi range extender market's growth on a global scale. A significant aspect driving the market demand for Wi-Fi range extenders is the increased knowledge of numerous technological advances. The market demand for Wi-Fi range extenders is primarily driven by rapidly evolving trends and consumer demands, such as customisation and testing services tailored to specific industries. Furthermore, the market for Wi-Fi range extenders is growing as a result of the increased demand for cloud computing services and applications.

Restraints

However, utilising a Wi-Fi range extender results in signal deterioration. As the signal strength declines, the internet speed does too. This factor prevents the market from expanding.

This Wi-Fi range extender market report details recent developments, trade laws, import-export analysis, production analysis, value chain optimisation, market share, impact of domestic and localised market participants, analyses opportunities in terms of emerging revenue pockets, changes in market laws, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, ge Contact Data Bridge Market Research for an Analyst Brief to learn more about the Wi-Fi range extender market. Our staff will assist you in making an informed decision to succeed in the market.

Segmentation:
By Organization size:
• Small and Medium-Sized Businesses (SMBs)
• Large Enterprises
By End-use industry
• Healthcare
• Retail
• Education
• Hospitality
• Transportation
• Others
By Deployment Model
• On-Premise
• Cloud-Based
• Hybrid Deployments
By Solution Type
• Wi-Fi 6
• Wi-Fi mesh
• Wi-Fi analytics

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Recent Developments:

• In 2021, Cisco Meraki launched its new Wi-Fi 6E access points, which support the latest Wi-Fi standards and offer increased bandwidth and improved performance
.
• In 2020, Extreme Networks announced its acquisition of Aerohive Networks, a cloud-based Wi-Fi solutions provider, which has helped to expand its offerings in the Wi-Fi as a Service market.

• In 2021, Cambium Networks announced the launch of its new Wi-Fi 6 access points, which offer enhanced security and reliability features and are designed to support high-density deployments.

• In 2020, Aruba announced the launch of its new Wi-Fi 6E access points, which offer increased capacity and improved performance for high-density deployments.

• In 2021, CommScope announced the launch of its new RUCKUS Wi-Fi 6 access points, which are designed to support high-density deployments and offer advanced security features.

Overall, these product launches and mergers demonstrate the continued growth and innovation in the Wi-Fi as a Service market, as companies look to capitalize on the increasing demand for wireless networking solutions.

Company Profiles:
• Cisco Systems, Inc.
• Comcast Business
• Ruckus Wireless
• Nokia Networks
• Ericsson AB
• HPE Aruba
• Aerohive Networks
• Extreme Networks
• Huawei Technologies Co., Ltd.
• ADTRAN, Inc.
• Mojo Networks
• Ubiquiti Networks, Inc.
• Allied Telesis, Inc.
• Fortinet, Inc.
• ZTE Corporation.

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