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Wi-Fi Market worth $40.66 billion by 2030, growing at a CAGR of 14.57% - Exclusive Report by 360iResearch
Wi-Fi Market | 360iResearch
The Global Wi-Fi Market to grow from USD 15.68 billion in 2023 to USD 40.66 billion by 2030, at a CAGR of 14.57%.
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Wi-Fi is referred to as wireless networking technology that allows smartphones, computers, or other devices to connect to the internet or communicate within a specified network wirelessly. This technology is propagated through radio waves without wired connections, thus providing convenience and flexibility in accessing data and information online. The increasing use of smart devices, the widespread adoption of IoT, and the surge in online gaming and media streaming have all led to an incline in the demand for high-speed internet connectivity, driving the market expansion. However, high infrastructure investment and maintenance costs, network security concerns, and inadequate connectivity in rural areas may hinder the Wi-Fi market growth. Nevertheless, the ongoing deployment of public Wi-Fi across cities and increasing global wireless traffic may create potential opportunities for the growth of the Wi-Fi market.
The Wi-Fi market is evolving in the Americas owing to the robust technological infrastructure and a thriving digital ecosystem and focus on enhancing customer experience and improving operational efficiency. Among EU countries, the Wi-Fi market is empowered by an advanced digital landscape and the implementation of smart cities. Nations such as Germany, France, and the UK are at the forefront of Wi-Fi technology, with investments in innovative solutions and new patents. The Middle East and Africa represent a rapidly expanding Wi-Fi market due to upsurge in digitization, and increased smartphone usage is fueling consumer demand for Wi-Fi. The Wi-Fi market in the Asia-Pacific region is growing due to increased technology adoption and internet penetration. Besides, emphasis on developing enhanced Wi-Fi and expanding the 5G network is anticipated to propel the use of Wi-Fi solutions by the end-users globally.
Market Segmentation & Coverage:
This research report categorizes the Wi-Fi Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Hardware, Services, and Solution. The Hardware is further studied across Access Points, Wireless Hotspot Gateways, and WLAN Controllers. The Services is further studied across Managed Services and Professional Services. The Services is projected to witness significant market share during forecast period.
Based on Density, market is studied across Enterprise-Class Wi-Fi and High-Density Wi-Fi. The Enterprise-Class Wi-Fi is projected to witness significant market share during forecast period.
Based on Location Type, market is studied across Indoor and Outdoor. The Indoor is projected to witness significant market share during forecast period.
Based on Organization Size, market is studied across Large Enterprises and Small & Medium-Sized Enterprises. The Large Enterprises is projected to witness significant market share during forecast period.
Based on Vertical, market is studied across Education, Government, Healthcare & Life Sciences, Hospitality, Manufacturing, Retail & E-Commerce, and Transportation & Logistics. The Retail & E-Commerce is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.71% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Wi-Fi Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Wi-Fi Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Wi-Fi Market, highlighting leading vendors and their innovative profiles. These include Alcatel-Lucent Enterprise International, ALE International SAS, AT&T Inc., Bharti Airtel Limited, Broadcom Inc., Cambium Networks, Ltd., Casa Systems, Inc., Cisco Systems, Inc., Cloud4Wi, Inc., Comcast Business, D-Link Corporation, Extreme Networks, Inc, Fon Wireless Ltd., Fortinet, Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd., Juniper Networks Inc., LEVER Technology Group Ltd., Manhattan Telecommunications Corporation, Motorola Solutions Inc., NETGEAR Inc., New H3C Technologies Co. Ltd., Panasonic Corporation, Purple Wi-Fi Ltd., SDMC Technology Co., Ltd, Telefonaktiebolaget LM Ericsson, Telstra Group Limited, and Vodafone Idea Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Wi-Fi Market, by Component
7. Wi-Fi Market, by Density
8. Wi-Fi Market, by Location Type
9. Wi-Fi Market, by Organization Size
10. Wi-Fi Market, by Vertical
11. Americas Wi-Fi Market
12. Asia-Pacific Wi-Fi Market
13. Europe, Middle East & Africa Wi-Fi Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Wi-Fi Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Wi-Fi Market?
3. What is the competitive strategic window for opportunities in the Wi-Fi Market?
4. What are the technology trends and regulatory frameworks in the Wi-Fi Market?
5. What is the market share of the leading vendors in the Wi-Fi Market?
6. What modes and strategic moves are considered suitable for entering the Wi-Fi Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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