The global Wi-Fi as a service market was valued at USD 4.5 Bn in 2021. The market is projected to grow USD 13.4 Bn in 2028, at a CAGR of 21.5%. Wi-Fi-as-a-Service is a subscription-based service that integrates three essential components including software, infrastructure and managed services which offers centralized network management, customized captive portals, real-time visibility, access points, firmware upgrades, around-the-clock monitoring and troubleshooting and many more. The large organizations are deploying more due to advance their offerings through cloud channel. The expansion of the global Wi-Fi as a service market is being fueled by increasing investments in smart cities project. Smart city projects are becoming increasingly reliant on IoT, which includes new technologies such as data transmission, cloud, mobility, and sensors. The demand for WaaS from the government support is developing quickly in India, according to CommScope (Ruckus Networks), one of the top providers of Wi-Fi services. It has contributed significantly to the company's overall revenue generating. For instance, in 2020, according to Forbes, the U.S., Western Europe and China hold over 70% of the world’s total investment on smart cities, with Latin America and Japan experiencing the fastest growth.
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The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future.
The Wi-Fi as a Service Market report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. The report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Wi-Fi as a Service Market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research.
The report provides a comprehensive analysis of company profiles listed below:
Cisco
Singtel
Hewlett Packard Enterprise Development LP
Telstra Corporation Limited
Tata Communications
Juniper Networks, Inc.
Extreme Networks
Adtran
FUJITSU
Zebra Technologies Corp.
Huawei Technologies Co., Ltd.
CommScope, Inc.
Pareteum
Type Analysis of World Wide Wi-Fi as a Service Market:
Small and Medium Enterprises
Large Enterprises
Segmentation of global Wi-Fi as a Service Market by Application:
Banking
Financial Services and Insurance (BFSI)
IT & Telecommunications
Retail
Manufacturing
Healthcare
Education
Transportation
Others
Global Wi-Fi as a Service Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Wi-Fi as a Service market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and carters, threat from new entrants and product substitutes, and the degree of competition prevailing in the market.
The report helps in providing a wider introduction to the market and also helps in dealing with the detailed methodology of research for the calculation of the size and forecasts of the market. The sources of secondary data are used and the primary inputs are taken for the validation of data. This section also helps in the outlines the several segments that have also been covered as being a part of the report. Additionally, the Research Methodology reviews tend of providing the calculation for determining the inclinations of the global market.
