openPR Logo
Press release

Wi-Fi as a Service Market Size, Market Share, Future Trends, Growth Factors Analysis

12-15-2023 12:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Markets and Markets

Wi-Fi as a Service Market

Wi-Fi as a Service Market

The global WaaS market is expected worth USD 10.1 billion by 2026, growing at Compound Annual Growth Rate (CAGR) of 20.1% during the forecast period.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=143023614

The presence of various key players in the ecosystem has led to competitive and diverse market. The presence of various key players in the ecosystem has led to competitive and diverse market. The rapid advancements in technologies, Digital transformation initiatives in businesses, Ease of Wi-Fi infrastructure management, Increasing adoption of BYOD and CYOD trend among organizations are expected to drive the Wi-Fi as a Service market worldwide. Most customers are transforming their CAPEX- and OPEX -based business model to the subscription-based consumption model to avoid cost of ownership, thereby leading to the growth of the WaaS market.

The WLAN controller segment to record the highest market share during the forecast period

In the Wi-Fi as a Service Market by Solutions, WLAN Controller segment is expected to hold the larger market size in 2026. WLAN controllers network security and next-generation hotspots for Small Office/Home Office (SOHO). These controllers offer different deployment options based on the requirements of clients, along with reducing operational costs. The rising number of Wi-Fi deployments, especially in the retail and travel and hospitality verticals, would drive the growth of the WLAN controller segment of the WaaS market.

The Managed Service segment to record the highest market share during the forecast period

In the Wi-Fi as a Service Market by Service, Managed Service segment is expected to hold the larger market size in 2026. The growing demand for cloud-based managed services and increasing requirement for improved connectivity among enterprises is leading to the growth of the WaaS market globally.

Managed services offer services to monitor and manage hardware devices and manage networks availability and performance. They also ensure smooth operations and security of networks, thereby increasing the adoption of managed services

Small and Medium Enterprises are expected to hold a larger market share during the forecast period

By Organisation size, Small and Medium Enterprises are expected to hold the largest market size. Maximum productivity and reduced operational costs are the crucial factors to accelerate the adoption of WaaS for Small and Medium Enterprises as they have limited budgets. Demand for WaaS from Small and Medium enterprises operating in retail, education, travel and hospitality, and healthcare and life sciences verticals is increasing globally. Wi-Fi services has enabled SMEs to access fast, reliable, and secure networking performance without the requirement for the installation or management of cable-based connectivity in their premises, which leads to the growth of the market.

Service Providers segment expected to have a higher growth rate during the forecast period

By End Users, Service Providers segment is expected to lead the market during the forecast period. The increasing demand for bandwidth from consumers and growth of internet consumption is expected to drive the growth of the WaaS model among ISPs. Telecos are adopting wireless infrastructure to boost connectivity and enable customers to connect with their network seamlessly. The telecom operators are the major revenue share contributors in the WaaS market. They have an existing enterprise customer base and have decades of experience managing network infrastructure. Followed by the telecom operators, ISPs hold a significant market share in the WaaS market.

Asia Pacific to hold the largest market size duringthe forecast period

Asia Pacific is expected to hold the largest market size in the global Wi-Fi as a Service market during the forecast period. Asia Pacific has witnessed significant growth in the adoption of Wi-Fi services, and it leads the market in terms of market share. High investments in developing new technologies, such as Wi-Fi and the cloud, lower density of base stations in developing countries compared to developed countries, and increasing digitalization in this region would drive the growth of Wi-Fi as a Service market.

Get More Info: https://www.marketsandmarkets.com/Market-Reports/wi-fi-as-a-service-market-143023614.html

The key and emerging market players in the Wi-Fi as a Service Market includes Cisco (US), Huawei Technologies Co. (China), CommScope Inc. (US), Aruba - a Hewlett Packard Enterprise Company (US), Extreme Networks (US), Singtel (Singapore), Rogers Communication (Canada), ADTRAN (US), Tata Communications (India), Axians (France), Fortinet (US), Juniper Networks (US), Alcatel-Lucent Enterprise (France), Telstra (Australia), Viasat (US), iPass (US), Arista (US), Ubiquiti (US), 4ipnet (Taiwan), Allied Telesis (Japan), LANCOM Systems (Germany), D-Link (Taiwan), Ruijie Networks (China), Datto (US), Superloop (Australia), Cambium Networks (US), Redway Networks (Buckinghamshire), Cucumber Tony (UK), Tanaza (Milano), and Edgecore (Taiwan). These players have adopted several organic and inorganic growth strategies, including new product launches, partnerships and collaborations, and acquisitions, to expand their offerings and market shares in the Wi-Fi as a Service market.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wi-Fi as a Service Market Size, Market Share, Future Trends, Growth Factors Analysis here

News-ID: 3329236 • Views:

More Releases from Markets and Markets

Controlled-release Fertilizers Market Latest Trends, Demands, Overview and Analysis by 2028
Controlled-release Fertilizers Market Latest Trends, Demands, Overview and Analy …
The controlled-release fertilizers market is experiencing notable growth, estimated at USD 2.2 billion in 2023 and projected to reach USD 2.9 billion by 2028. This reflects a compound annual growth rate (CAGR) of 5.9% during the forecast period. The demand for controlled-release fertilizers is increasing due to their benefits in enhancing nutrient efficiency, reducing environmental impact, and supporting sustainable agricultural practices. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136099624 These fertilizers are prized for their ability
Gelatin Market is Projected to Reach $5.6 billion by 2029, at a CAGR of 6.9% from 2024 to 2029
Gelatin Market is Projected to Reach $5.6 billion by 2029, at a CAGR of 6.9% fro …
According to a research report titled "Gelatin Market by Source (Animal, Plants), By Applications (Food & Beverages, Pharmaceuticals, Health & Nutrition, Cosmetics, Personal Care, Animal Feed), Type (Type A, Type B), Function (Thickener, Stabilizer, Gelling Agent) - Global Forecast to 2029," published by MarketsandMarkets, the gelatin market is poised for significant growth. The market, valued at USD 4.0 billion in 2024, is projected to reach USD 5.6 billion by 2029,
Facility Management Market Status, Revenue, Growth Rate, Services and Solutions
Facility Management Market Status, Revenue, Growth Rate, Services and Solutions
According to a research report "Facility Management Market by Offering (Solutions (IWMS, BIM, Facility Operations & Security Management) and Services), Vertical (BFSI, Retail, Construction & Real Estate, Healthcare & Life sciences) and Region - Global Forecast to 2028" published by MarketsandMarkets, the facility management market is estimated at USD 49.6 billion in 2023 to USD 94.8 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 13.8%. Download PDF Brochure:
Endpoint Security Market Size, Revenue, Growth Rate Analysis and Forecast 2024
Endpoint Security Market Size, Revenue, Growth Rate Analysis and Forecast 2024
According to a research report "Endpoint Security Market by Solution (Endpoint Protection Platform and Endpoint Detection and Response), Service, Deployment Mode, Organization Size, Vertical (Healthcare, Retail and eCommerce, and Government), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global endpoint security market size is expected to grow from USD 12.8 billion in 2019 to USD 18.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of

All 5 Releases


More Releases for WaaS

Satellite Navigation System Market Hits New High | Major Giants- Navico Holding, …
The latest survey on Satellite Navigation System Market is conducted to provide hidden gems performance analysis of Satellite Navigation System to better demonstrate competitive environment. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2020 to 2024 and forecasted till 2031. The outbreak of the latest
WaaS startup Meraqui is helping blue collar workforce find relevant gigs in Indi …
Launched by Shalin Maheshwari and Lalit Singh, WaaS startup Meraqui aims to bridge the gap between organizations and blue-collar workers in India. Its tech-driven approach is aimed to streamline workforce management in an organization. India has approximately 70 million enterprises, of which about a fifth of them have offices and a GST number, as per staffing solutions provider TeamLease's 2020 annual report estimates. Conversely, the country has approximately 450 million
Wi-Fi as a Service (WaaS) Market Forecast 2024
"The Business Research Company recently released a comprehensive report on the Global WiFi as a Service Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free
Wi-Fi as a Service (WaaS) Market : Overview, Opportunities, In-Depth Analysis an …
In the recent past, mobile phones and other electronic devices have quickly became ubiquitous objects, which has led to an exponential increase in the demand for data connectivity. Nowadays, high-speed data connectivity is almost mandatory for any workplace to function efficiently and as a result, the demand for advanced Wi-Fi technology is surging. Wi-Fi technology allows electronic devices within range to connect with wireless LAN networks (WLAN), which may be
Workspace as a Service (WaaS) Market - Rising Demand for Business Mobility in Co …
In the highly dynamic and geographically separated enterprise infrastructures of present times, ways of providing employees access to business resources from remote locations, while giving them a user experience equivalent in quality and accessibility that is achieved in a physical office, are finding prominence. Demand for enterprise mobility by end-users, with the provision of seamlessly moving from desktops to laptops to smartphones and different kinds of operating systems, has further
Workspace as a Service (WaaS) Market - Rising Demand for Business Mobility in Co …
In the highly dynamic and geographically separated enterprise infrastructures of present times, ways of providing employees access to business resources from remote locations, while giving them a user experience equivalent in quality and accessibility that is achieved in a physical office, are finding prominence. Demand for enterprise mobility by end-users, with the provision of seamlessly moving from desktops to laptops to smartphones and different kinds of operating systems, has further