Wi-Fi Market is Projected to expand at a steady CAGR over the forecast 2021- 2031

Global Wi-Fi Market report from Global Insight Services is the single authoritative source of intelligence on Wi-Fi Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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WiFi is a wireless networking technology that allows computers and other devices to communicate over a wireless signal. WiFi is a short-range technology, which means it has a limited range and can only be used over a short distance. WiFi is typically used in home and office networks, and is becoming increasingly popular in public places such as coffee shops, libraries, and airports.

Key Trends and Drivers

The key trends in WiFi technology are higher data rates, higher security, and lower power consumption.

Higher data rates: The WiFi data rates have increased significantly over the last few years. The 802.11ac standard, which was released in 2013, supports data rates of up to 867 Mbps. The latest 802.11ax standard, which was released in 2019, supports data rates of up to 10 Gbps.

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Higher security: The security of WiFi networks has also been improved over the years. The WPA2 standard, which was released in 2004, introduced stronger encryption and authentication algorithms. The WPA3 standard, which was released in 2018, introduces even stronger encryption algorithms and adds features to prevent brute-force attacks.

Lower power consumption: One of the key trends in WiFi technology is to reduce the power consumption of devices. The 802.11ah standard, which was released in 2016, is designed for devices that operate on very low power. The 802.11ax standard, which was released in 2019, also includes features to reduce power consumption.

Key Drivers

The key drivers of the WiFi market are the ever-increasing demand for high-speed Internet access, the need for better and more reliable WiFi networks, and the need for more affordable WiFi solutions.

The demand for high-speed Internet access is constantly increasing as more and more people use the Internet for work, school, and entertainment. This demand has led to the development of faster and more reliable WiFi networks. However, these faster and more reliable WiFi networks come at a cost, which is why the need for more affordable WiFi solutions is also a key driver of the WiFi market.

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Market Segments

By Component

Hardware
Solution
Services

By Density

Hi-Density Wi-Fi
Enterprise-Class Wi-Fi

By Location Type

Indoor
Outdoor

By Organization Size

Large Enterprises
SMEs

By Verticals

Education
Healthcare and Life Sciences
Transportation and Logistics
Retail and eCommerce
Government
Manufacturing
Hospitality
Others

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Key Players

Cisco
Ericsson
Extreme Networks
Huawei
Juniper Networks
Panasonic
Fortinet
NETGEAR
Aruba
Asus
D-Link
Linksys
TP-Link

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