Skip to main content

Wi-Fi as a Service Market Receives a Rapid Boost in Economy due to High Emerging Demands by Forecast to 2021

According to recent research “Wi-Fi as a Service Market by Service Type (Network Planning and Designing, Cloud Access Point, Wi-Fi as a Service Analytics, Support And Maintenance), User Location, Organization Size, Vertical, and Region – Global Forecast to 2021″, The Wi-Fi as a Service market size is estimated to grow from USD 1.18 Billion in 2016 to USD 5.94 Billion by 2021, at a CAGR of 38.1% during the forecast period.
Browse 66 market data tables and 52 figures spread through 149 pages and in-depth TOC on “Wi-Fi as a Service Market”
Early buyers will receive 10% customization on this report.
The key forces driving the Wi-Fi as a Service market include increasing need for low capital expenditure and reduced total cost of ownership, and demand for centralized management and remote troubleshooting. Wi-Fi as a Service services also provide faster deployment and end-to-end visibility. With the increase in the adoption rate of Wi-Fi as a Service among Small and Medium Enterprises (SMEs), the Wi-Fi as a Service market is expected to gain major traction during the forecast period.
“Wi-Fi as a Service analytics service type is expected to grow at the highest rate during the forecast period.”
Among service types, the Wi-Fi as a Service analytics segment is expected to grow at the highest rate in the Wi-Fi as a Service market during the forecast period. It involves two processes for intelligent business analytics, namely, reporting and analytics. The demand for cloud-based reporting and analytics is increasing among enterprises due to increasing need for improved decision-making, optimizing internal business process, increasing operational efficiency, and gaining competitive advantage in the market.
“Indoor user location segment is expected to contribute the largest market share in 2016.”
Among user location, the indoor user location segment is expected to have the largest market share in the Wi-Fi as a Service market in 2016. Buildings such as educational institutions, malls, retail shops, commercial buildings, hotels, and restaurants are increasingly deploying indoor Wi-Fi as a Service that offers low cost, better speed, and minimal interruption. The cloud access points for indoor user location have been in demand for sectors such as educational institutions, retail outlets, and hospitality sector thereby making indoor user location the largest market in 2016.
“North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow the fastest.“
North America is expected to hold the largest market share and dominate the Wi-Fi as a Service market from 2016 to 2021 owing to large investments in cloud-based solutions, early adoption of new & emerging technologies, and large number of players present in this region. The APAC region is in the initial growth phase; however, it is the fastest-growing region for the global Wi-Fi as a Service market. The key reason for the high growth rate in APAC is the growing demand for cost-effective Wi-Fi services among Small and Medium Enterprises (SMEs) in this region.
The major vendors providing Wi-Fi as a Service are Cisco systems, Inc. (Cisco Meraki) (San Jose, California, U.S), Rogers Communications Inc. (Toronto, Canada), Ruckus Wireless, Inc., A BROCADE COMPANY (California, U.S.), Singapore Telecommunications Limited (Singtel) (Singapore), Telstra Corporation Limited (Melbourne, Australia), ViaSat Inc.(California U.S.), ADTRAN, INC. (Huntsville, Alabama, U.S.), Aerohive Networks, Inc. (California, U.S.), Aruba, a Hewlett Packard Enterprise Company (Sunnyvale, California, U.S.), BigAir Group Limited (Sydney, Australia), Fujitsu Limited (Tokyo, Japan), iPass Inc. (Silicon Valley, U.S.), Mojo Networks, Inc. (California, U.S.), and Zebra Technologies Corporation (Lincolnshire, Illinois, U.S.).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com

Comments

Popular posts from this blog

3D Imaging Market worth 16.6 Billion USD by 2020

According to a new market research report " 3D Imaging Market by Display Technology (Anaglyphy, Stereoscopy, Auto-stereoscopy), Imaging Solution (3D Modeling, 3D Scanning), Hardware (3D Display, 3D Sensor), Industry Vertical, & Region - Global Forecast to 2020" , defines and segments the 3D Imaging Market into various sub segments with an in-depth analysis and forecasting of market sizes. The report also defines the driving factors for the market, restraints, and opportunities along with the current adoption trends in this market. Browse 68 tables and 59 figures spread through 131 Pages and in-depth TOC on " 3D Imaging Market- Global Forecast to 2020" http://www.marketsandmarkets.com/Market-Reports/3d-imaging-market-998.html Early buyers will receive 10% customization on reports. MarketsandMarkets™ forecasts the 3D imaging market to grow from USD 4.9 Billion in 2015 to USD 16.6 Billion in 2020 , at a Compound Annual Growth Rate (CAGR) of 27.5% . N...

Computer Aided Dispatch Market worth $ 1.95 Billion by 2022

According to recent research “ Computer Aided Dispatch Market  by Component (Solutions and Services), Application Area (Call Management, Dispatch Unit Management, Reporting and Analysis), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2022″ , The CAD market size is expected to grow from USD 1.12 Billion in 2017 to USD 1.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.8%. Rise in criminal activities and natural disasters, and the advent of connected devices are the factors driving the growth of the CAD market. Moreover, the rise in the adoption of CAD solutions by Small and Medium-sized Enterprises (SMEs) has led to the increased adoption of CAD solutions. Browse 61 Market Data Tables and 26 Figures spread through 125 Pages and in-depth TOC on  “Computer Aided Dispatch Market” https://www.marketsandmarkets.com/Market-Reports/computer-aided-dispatch-market-4669389.html Early buyers will receive 10% custo...

EMEA IoT Market: Emerging Trends | Global Future Forecasts | Challenges & Opportunities

According to recent research  “EMEA IoT Market by Component (Platform, Service, Software Solution), Application (Building & Home Automation, Smart Energy, Smart Manufacturing, Connected Logistics, Smart Retail, Connected Health), and Region (Europe and MEA) – Forecast to 2021” , The EMEA IoT market is projected to grow from USD 53.88 Billion in 2016 to USD 211.92 Billion by 2021, at a CAGR of 31.5% during the forecast period, from 2016 to 2021. Browse 81 market data tables and 46 figures spread through 139 pages and in-depth TOC on  “EMEA IoT Market” https://www.marketsandmarkets.com/Market-Reports/emea-iot-market-129681220.html Early buyers will receive 10% customization on this report. The market has been witnessing substantial growth in recent years, owing to the evolution of high speed network technologies and the rising adoption of cloud platforms. The market’s growth is also attributed to emerging markets in the Middle East, such as Saudi Arabia,...