Press release
The Wi-Fi as a Service Market is projected to reach US$ 17.78 billion by 2030, growing at a CAGR of 19.8% during the forecast period.
The global Wi-Fi as a service market was valued at USD 3.98 billion in 2021 and is expected to grow to USD 17.78 billion by 2030, exhibiting a CAGR of 19.8% between 2022 and 2030.Market Overview:
Wi-Fi as a Service refers to the outsourcing of internet network management to a professional Internet service provider. Companies submit the task of providing service to their employees or a restaurant or café providing free Wi-Fi to their customers to enterprises that have experts who deal with the technological aspect of Internet provision. Wi-Fi as a Service has various advantages such as scalability and cost reduction and helps the organization focus on tasks that are in their domain.
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Growth Driver :
• With mobile-based subscriptions on the rise, smartphone usage has also seen an increase, with users majorly using this service to connect with individuals remotely, sometimes even on different continents.
• Use of Wi Fi as a service as a tool for companies to access their ongoing work as well as complete tasks. A cloud based centralized administration of helps manager to manage work remotely thereby conserving time and money.
Major Participants:
Wi-Fi as a service is adopted by all varieties of industries worldwide. It is a lucrative sector with many businesses hopping on the opportunity to increase their profit margins.
• 4ipnet
• Alcatel-Lucent Enterprise
• Allied Telesis
• Arista
• Aruba - a Hewlett Packard Enterprise Company
• Cambium Networks
• CommScope Inc.
• Cucumber
• Datto
• D-Link
• Edgecore
• Extreme Networks
• Huawei Technologies Co.
• iPass
• Juniper Networks
• LANCOM Systems
• Redway Networks
• Rogers Communication
• Ruijie Networks
• Singtel
• Superloop
• Tata Communications
• Telstra
• Ubiquiti
• and Viasat.
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Segmental Analysis:
• The Wi-Fi as a service market is segmented based on solution, service, organization size, vertical and region.
• Based on the solution type, this segment is bifurcated into WLAN controllers and access points.
• Large enterprises and small and medium-sized enterprises are included in the organization segment.
• Based on vertical, public sector held the largest market share in this segment due to the demand for internet access in crowded areas such as shopping malls and airports.
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Regional Overview:
• North America
o Solution Outlook
Access Points
WLAN Controllers
o Service Outlook
Professional
o Advisory and Implementation
o Support and Maintenance
o Training
Managed
o Vertical Outlook
Education
Retail
Travel and Hospitality
Healthcare and Life Sciences
Manufacturing
Banking
Financial Services
Insurance
Service Providers
Transportation and Logistics
Government and Public Sector
Others
o Organization Size Outlook
Large Enterprises
Small and Medium-Sized Enterprises
• Europe
o Solution Outlook
Access Points
WLAN Controllers
o Service Outlook
Professional
o Advisory and Implementation
o Support and Maintenance
o Training
Managed
o Vertical Outlook
Education
Retail
Travel and Hospitality
Healthcare and Life Sciences
Manufacturing
Banking
Financial Services
Insurance
Service Providers
Transportation and Logistics
Government and Public Sector
Others
o Organization Size Outlook
Large Enterprises
Small and Medium-Sized Enterprises
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers
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