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Rapid Rise of Wi-Fi as a Service Market: Key Factors, Major Players and Future Trends Revealed
Rapid Rise of Wi-Fi as a Service Market
What Is The Projected Market Size Of The Global Wi-Fi as a Service Market And Its Growth Rate?
In recent years, the Wi-Fi as a Service market has witnessed rapid growth with significant changes forecasted for the future.
• 2024 Market Size: $6.57 billion
• 2025 Market Size: $7.34 billion (11.8% CAGR)
• 2029 Market Size: $15.01 billion (19.6% CAGR)
The expansion is attributed to factors such as a greater focus on patient-centric care, personalized medicine initiatives, enhanced data governance and ethics, and rise in mental health support needs.
What Is Driving The Growth In The Wi-Fi as a Service Market?
Stimulated by increased efficiency, accessibility, and convenience, the adoption and deployment of Wi-Fi systems have surged, naturally directing the demand towards the Wi-Fi as a Service market. Reduction in cost of ownership and potential mass adoption of Wi-Fi 6 are among other vital drivers propelling the Wi-Fi as a Service market growth.
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Who Are the Key Players Driving Wi-Fi as a Service Market Growth?
The significant players in the Wi-Fi as a Service market include:
• Arista Networks Inc.
• Hewlett Packard Enterprise Company LP
• Cisco Systems Inc.
• ViaSat Inc.
• Extreme Networks Inc.
• Commscope Inc.
• Aerohive Networks, Inc
• Mojo Networks, Inc.
• Fortinet, Inc.
• Huawei Technologies Co. Ltd.
• Ubiquiti Inc.
• Mist Systems
• Cambium Networks Corporation
• ADTRAN, Inc.
• D-Link Corporation
• EnGenius Technologies, Inc.
• Firetide, Inc.
• Motorola Solutions, Inc.
• NETGEAR, Inc.
• Proxim Wireless Corporation
• Redline Communications Group Inc.
• Siemens AG
• SonicWall Inc.
• WatchGuard Technologies Inc.
• Zebra Technologies Corporation
• Zyxel Communications Corporation
• Nokia Corporation
• Allied Telesis, Inc.
• Avaya Inc.
• Brocade Communications Systems, Inc.
• Dell Technologies Inc.
What Are The Key Trends In The Wi-Fi as a Service Market?
Key market trends include:
• Shift to cloud-managed Wi-Fi
• Rise of software-defined networking (SDN) for Wi-Fi
• Integration with IoT devices
• AI and analytics for network optimization
• Edge computing integration
What Are The Segments Of The Global Wi-Fi as a Service Market?
The Wi-Fi as a Service market can be segmented as follows:
1) By Component: Professional Services, Managed Services
2) By Location Type: Indoor, Outdoor
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
4) By End Use Industry: Telecom And IT, BFSI, Education, Healthcare, Hospitality, Transportation, Retail, Other End Users
Which Region Leads The Wi-Fi as a Service Market?
As of 2024, North America was the largest region in the Wi-Fi as a Service market. Other regions covered in the Wi-Fi as a Service market report are Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Wi-Fi as a Service Market Global Market Report?
- Market Size Analysis: Analyze the Wi-Fi as a Service Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Wi-Fi as a Service 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 as a Service Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Wi-Fi as a Service Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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