The Global Wi-Fi as a Service Market is projected to reach a value of over USD 12.7 billion by 2027 at a CAGR of around 19.6%.
Wi-Fi is refers to a wireless networking technology, which use radio waves to provide wireless high-speed Internet and network connections. Also, the Wi-Fi is a wireless network protocols, which is based on the IEEE 802.11 family of standards that is being mostly used for local area networking of devices and for Internet access. Whereas, the Wi-Fi as a Service is a subscription based service which combines three key elements such as infrastructure, software, and managed services.
Hence, Wi-Fi is being supported by various applications and devices, such as video game consoles, home networks, mobile phones, and consumer electronics. These will lead to boost the growth of the market in the forecast period.
Market Driver:
With the enhancement of Wi-Fi platform management is witness to boost the growth of the market in the forecast period. Whereas, Wi-Fi as a Services helps various businesses for managing their Wi-Fi networks in any different locations from anywhere. Also, the cloud-based centralized management will help to access network managers to remote troubleshoot issues, related to Wi-Fi platform. Hence, the requirement of high-speed data connectivity is very necessary for the organizations to work efficiently. Also, Wi-Fi technology helps to provide electronic devices within range to connect with wireless LAN networks (WLAN), which may be password protected or open.
Market Restraints:
One of the major key concern of the market is data security issue which may hamper the market growth. The organization and business are unwilling moving the data to the cloud as well as using the traditional Wi-Fi platform. Whereas, the disasters by the manmade, which can damage data centers with the internet connectivity issue lead to create a major impact for various business processes. Moreover, WaaS is an Internet access service managed from the cloud. Hence any issues in the cloud service can create major concern issue for overall business operations.
Hence, these will lead to create a major impact for the growth of the Wi-Fi as a Service market in the forecast period.
The report on the Wi-Fi as a Service Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Offering, Location Type, Enterprise Size, End-User, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Wi-Fi as a Service Market, by Offering
Wi-Fi as a Service Market, by Location Type
Wi-Fi as a Service Market, by Enterprise Size
Wi-Fi as a Service Market, by End-User
Wi-Fi as a Service Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE WI-FI AS A SERVICE MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY