The global Wi-Fi as a service market was valued at USD 1.20 billion in 2016 and is projected to reach USD 21.50 billion by 2025, growing at a CAGR of 37.8% from 2017 to 2025.
Wi-Fi as a Service is a high speed Wi-Fi solution that is fully managed using cloud based management systems. Wi-Fi as a Service allows businesses with limited IT resources to provide fast, secure, and reliable wireless LAN access across multiple locations without the need for experienced wireless engineers on staff. Wi-Fi as a Service is quick and easy to deploy and manage and provides facilities including high speed, centralized management, world-class security technology, flexible solutions for any business size.
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1. Market Drivers
1.1 Faster Deployment
1.2 Low cost of Ownership
1.3 Ease of Management and Remote Troubleshooting
2. Market Restraints
2.1 Cloud Connectivity Failure
The global Wi-Fi as a service market is segmented on the basis of service type, verticals, organizations, and region.
1. By Service Type:
1.1 Cloud Access Point
1.2 Wi-Fi as a Service Analytics
1.3 Network Planning and Designing
1.4 Support and Management
2. By Vertical:
2.1 Transportation and Logistics
2.2 Banking, Financial services and Insurance
2.4 Consumer Goods and Retail
2.6 Healthcare and Life Sciences
2.7 Travel and Hospitality
2.8 Telecommunication and IT
2.9 Government and Public Sector
3. By Organization Size:
3.1 Large Companies
3.2 Small and Mid-sized Businesses
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Rest of the World
The major players in the market are as follows:
1. Mojo Networks, Inc.
2. Fujitsu Limited
3. Rogers Communications Inc.
5. ADTRAN, Inc.
6. Telstra Corporation Limited
7. Ruckus Wireless, Inc.
8. Cisco Systems, Inc.
9. Zebra Technologies Corporation
10. iPass Inc.
11. Singapore Telecommunications Limited (Singtel)
12. ViaSat Inc.
13. Aerohive Networks, Inc.
14. Bigair Group Limited
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the WiFi as a service market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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