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WiFi Market is propel by the Demand for High-Speed Internet

08-28-2023 02:57 PM CET | Media & Telecommunications

Press release from: Global Insight Services

WiFi Market is propel by the Demand for High-Speed Internet

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.

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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.

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.

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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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Key Players

The WIFi market includes players such as Cisco(US), Ericsson(SE), Extreme Networks(US), Huawei(CN), Juniper Networks(US), Panasonic(JP), Fortinet(US), NETGEAR(US), Aruba(US), Asus(CN), D-Link(CH).

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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