Press release
Wi-Fi Analytics Market to Reach New Heights with Rising Internet Penetration - Top Companies are Cisco Systems Inc., Euclid Analytics, Cloud4Wi.
Wi-Fi Analytics Market is expected to grow at a CAGR of 23.7% during the forecast period (2024-2031).Wi-Fi Analytics market holds a leading position in the industry and is thoroughly examined in the DataM Intelligence study, which provides a comprehensive analysis supported by robust statistics, historical data, and actionable insights. The report evaluates key industry players by analyzing their product portfolios, pricing strategies, financial performance, and expansion initiatives. It offers a clear understanding of market dynamics, competitive positioning, and the emerging trends shaping the industry's future.
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Rising Number of Connected Devices Fuels Wi-Fi Analytics Market
The rapid increase in connected devices including smartphones, smart home systems, and IoT-enabled gadgets is significantly boosting internet usage and the number of Wi-Fi-connected endpoints. This surge is a major driver of growth in the Wi-Fi analytics market.
In 2020, the global smartphone user base reached approximately 3.6 billion, marking a 5% increase from 2019. By the end of 2018, there were an estimated 22 billion connected devices worldwide. According to Cisco's 2020 Annual Internet Report, the number of connected devices will surpass three times the global population by 2023, with about 71% of the world's population becoming mobile subscribers.
Furthermore, over 60% of the global population already uses the internet, and by the end of 2020, nearly 70 billion internet users were recorded globally.
Impact on Wi-Fi Analytics
This explosion in connectivity directly influences the demand for Wi-Fi infrastructure and analytics. As more people use smartphones and smart devices, public spaces like transport hubs, malls, shared mobility platforms, and trains are increasingly offering Wi-Fi hotspots. These access points generate valuable data that can be leveraged for business intelligence.
For example, Wi-Fi analytics tools enable companies to assess customer demographics such as age and gender, analyze foot traffic, and understand consumer behavior patterns. This allows businesses to refine marketing strategies, tailor services to targeted audiences, and optimize operations based on data-driven insights.
Leading Companies Operating in the Wi-Fi Analytics Market:
Cisco Systems Inc., Euclid Analytics, Cloud4Wi, Purple Wi-Fi, Fortinet Inc., Ruckus Wireless Inc., Blix, and Skyfii Limited.
Research Process:
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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Segment Covered in the Wi-Fi Analytics Market:
By Component: Solutions, Services.
By Deployment: On-premise, Cloud.
By Application: Wi-Fi Presence Analytics, Wi-Fi Marketing Analytics.
By End-Use: Smart Infrastructure, Retail, Sports and Entertainment, Hospitality, Others.
Regional Analysis for Wi-Fi Analytics Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Wi-Fi Analytics Industry Development:
In November 2019, BT Group (British Telecommunications) entered a multi-year partnership with Purple, a U.S.-based Wi-Fi analytics company. This collaboration aimed to enhance BT Wi-Fi services by integrating advanced customer engagement and analytics capabilities. As a result, BT could offer high street businesses deeper insights into customer behavior, including footfall tracking and user behavior analytics, helping them improve decision-making and personalized marketing strategies.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Wi-Fi Analytics market?
➠ Who are the global key manufacturers of the Wi-Fi Analytics Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Wi-Fi Analytics market opportunities and threats faced by the vendors in the global Wi-Fi Analytics Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Wi-Fi Analytics market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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