Wi-Fi as a Service Market Set to Soar Beyond USD 24.69 Billion by 2030| Governments worldwide are increasingly investing in initiatives to provide free Wi-Fi in public areas and transport infrastructure

Wi-Fi as a Service Market Scope and Overview:

Empowering Connectivity Through Public Wi-Fi Initiatives Fuels Wi-Fi as a Service Market Growth

The SNS Insider report highlights the thriving trajectory of the Wi-Fi as a Service Market, showcasing a substantial leap from its valuation of USD 5.41 billion in 2022 to an estimated USD 24.69 billion by 2030. This anticipated growth is underpinned by a robust compound annual growth rate (CAGR) of 20.9% throughout the forecast period from 2023 to 2030.

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Major Key Players Included are:

• Dell Technologies
• Commscope
• Aruba
• Rogers Communication
• Juniper Networks Inc
• Cisco Systems
• Huawei Technologies Co Ltd
• TP-Link
• Extreme Networks
• Cambium Networks
• Fortinet
• Superloop
• Arista Networks
• D-Link Corporation
• Singtel
• Axians
• 4ipnet
• LANCOM Systems
• Redway Networks
• Others

Market Scope:

Wi-Fi as a Service represents a high-speed, cloud-managed Wi-Fi solution tailored for businesses with limited IT resources. It offers rapid, stable, and reliable wireless LAN access across various locations, eliminating the necessity for in-house wireless engineers. The ease of installation and management, coupled with top-notch security measures and scalable solutions, positions Wi-Fi as a Service as an indispensable asset for businesses of all sizes. It serves as a stable network access point for both internal operations and customer-facing services, facilitating intelligent multichannel customer experiences.

Market Analysis:

The escalating implementation of public Wi-Fi remains a pivotal driver propelling the global Wi-Fi as a Service market. Governments worldwide are increasingly investing in initiatives to provide free Wi-Fi in public areas and transport infrastructure, enhancing tourism experiences and fostering digital governance. This move not only ensures uninterrupted Internet access for smartphone users but also facilitates real-time data flow for foreign visitors, driving the demand for Wi-Fi as a Service. The continuous need for streamlined Wi-Fi network development, integration, and support further cements its significance in the market.

Segment Analysis:

In terms of service, the Managed Service segment dominates the market, primarily due to Managed Service Providers (MSPs) offering comprehensive cloud-based analysis and third-party IT support for businesses. This approach enables businesses to rely on external expertise for effective IT infrastructure management, including routine maintenance, troubleshooting, data backups, and security provisioning.
Regarding solutions, the WLAN controller segment holds sway. WLAN controllers, integrated with lightweight access points, facilitate centralized management of wireless networks, reducing operational costs. Key players like Cisco Systems and D-Link are innovating scalable solutions, catering to enterprise needs and driving the segment's growth.
Across verticals, the Government and Public Sector emerge as the fastest-growing segment. The ability to create separate, secure networks for government operations and the convenience of remote access through public clouds make Wi-Fi as a Service an indispensable tool for sectors such as transportation, logistics, and government deliberations.

Market Segmentation and Sub-Segmentation included are:

By Component:
• Infrastructure
• Software
• Services

By Service:
• Professional Services
• Managed Services

By Solution:
• Access Points
• WLAN Controllers

By Organization Size:
• Large Enterprises
• Small and Medium-Sized Enterprises

By Location Type:
• Indoor
• Outdoor

By Vertical:
• Education
• Retail
• Travel and Hospitality
• Healthcare and Life Sciences
• Manufacturing
• Banking, Financial Services, and Insurance
• Service Providers
• Transportation and Logistics
• Government and Public Sector
• Others

Key Regional Development:

North America dominates the market, buoyed by early adoption of advanced technology, a strong presence of key market players, and consumer readiness for technological advancements. Conversely, APAC exhibits the fastest growth rate, driven by rapid wireless infrastructure expansion, digitalization, and a burgeoning population with increased smartphone usage.

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Key Takeaways from the Wi-Fi as a Service Market Study:

- Public Wi-Fi initiatives by governments fuel market expansion.
- Managed services and WLAN controllers drive market dominance.
- North America leads in early adoption; APAC showcases rapid growth potential.

Recent Developments:
- In November 2021, CTIconnect and Tarana collaborated to extend WISP services across Canada and the US, expanding market reach and offering high-speed services at reduced costs.
- German regulatory authorities permitted Lower 6 GHz wireless fidelity, aligning with EU's spectrum regulations, augmenting WLAN technologies' accessibility and growth prospects.

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Table of Contents - Major Key Points:

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1. COVID-19 Impact Analysis
4.2. Impact of Ukraine- Russia war
4.3. Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Wi-Fi as a Service Market Segmentation, By Component
9. Wi-Fi as a Service Market Segmentation, By Service
10. Wi-Fi as a Service Market Segmentation, By Solution
11. Wi-Fi as a Service Market Segmentation, By Organization Size
12. Wi-Fi as a Service Market Segmentation, By Location Type
13. Wi-Fi as a Service Market Segmentation, By Vertical
14. Regional Analysis
15. Company Profiles
16. Competitive Landscape
17. USE Cases and Best Practices
18. Conclusion

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