Press release
Global Wi-Fi Analytics Market: Impressive Growth, Market Size and Key Players.
Global Wi-Fi Analytics Market to grow from $17.94 billion in 2024 to an impressive $61.63 billion in 2029 with a CAGR of 29.2%, driven by technological advancements and rise of smart city initiatives.What Is The Projected Market Size Of The Global Wi-Fi Analytics Market And Its Growth Rate?
• Wi-Fi analytics market size is projected to grow from $17.94 billion in 2024 to $22.12 billion in 2025 at a CAGR of 23.3%, driven by proliferation of Wi-Fi enabled devices and increased internet usage.
• Market size is expected to reach $61.63 billion in 2029 at a CAGR of 29.2%, enhanced by Wi-Fi 6 adoption, AI integration, and increased use of Wi-Fi in IoT devices.
What Is Driving The Growth In The Wi-Fi Analytics Market?
The surge in the deployment of Wi-Fi connections is significantly driving the growth of the Wi-Fi analytics market. With the rise in the number of internet users, which is growing at a rate of 4% annually, the demand for Wi-Fi networks is increasingly growing. Deployment of Wi-Fi networks is especially popular with the usage of laptops, tablets, and smartphones. Additionally, there is a forecasted fourfold increase in Wi-Fi hotspots to 628 million in 2023, further supporting the Wi-Fi analytics market growth.
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Who Are the Key Players Driving Wi-Fi Analytics Market Growth?
• Cisco Systems Inc.
• Skyfii Limited
• Purple Wi-Fi Limited
• Fortinet Inc.
• Zebra Technologies Corporation
• Hughes Network Systems LLC
• GoZone WiFi LLC
• Aptilo Networks AB
• Bloom Intelligence LLC
• Cloud4Wi Inc.
What Are The Key Trends In The Wi-Fi Analytics Market?
• Wi-Fi 6 deployment and upgrades
• Cloud-based Wi-Fi analytics solutions
• Focus on user experience analytics
• Wi-Fi analytics for retail and hospitality
• Wi-Fi as a service (WaaS) models
What Are The Segments Of The Global Wi-Fi Analytics Market?
• By Component: Solution, Services
• By Deployment: Cloud-Based, On-Premise
• By Application: Wi-Fi Presence Analytics, Wi-Fi marketing Analytics
• By Industry Vertical: Retail, Hospitality And Tourism, Sports And Entertainment, Transportation, Healthcare
Which Region Leads The Wi-Fi Analytics Market?
North America was the largest region in the Wi-Fi analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Wi-Fi Analytics Market Global Market Report?
- Market Size Analysis: Analyze the Wi-Fi Analytics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Wi-Fi Analytics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Wi-Fi Analytics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Wi-Fi Analytics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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