Wi-Fi Market

Wi-Fi Market by Component (Solutions (Access Points and WLAN Controllers) and Services (Network Planning and Design)), Density (High-Density Wi-Fi and Enterprise-Class Wi-Fi), Vertical, and Region - Global Forecast to 2022

Report Code: TC 2650 Mar, 2018, by marketsandmarkets.com
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[126 Pages Report] The Wi-Fi market accounted for USD 5.96 billion in 2016 and is projected to reach USD 15.60 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 21.2% during the forecast period. The major factors driving the Wi-Fi market are growing adoption of BYOD among organizations, and rapidly increasing demand for wireless and smart devices.

Attractive opportunities in the Wi-Fi Market


Source: MarketsandMarkets Analysis

By solutions, the access point segment is expected to grow at the highest growth rate during the forecast period  

Among solutions, the access point segment is expected to grow at a higher CAGR during the forecast period. The main function of the access point is to behave as a medium for transmitting wireless signals. Sometimes, multiple users can be connected via a single centralized access point. The shift in wireless standards, from 802.11n to 802.11ac, is changing the market expectations and enterprise requirements; it has benefited the companies in enhancing their performance level  

By vertical, the sports and leisure segment to record the highest CAGR during the forecast period

Among the industry vertical segment, sports and leisure is expected to be one of the largest growing verticals in the Wi-Fi market, due to the widespread adoption of mobile devices in this sector. Businesses in the sports and leisure vertical often have to deal with large crowds. In the competitive space, where enterprises follow the sophisticated strategy of maximizing revenue-generating opportunities, Wi-Fi services offer a huge advantage. The solutions not only customize the services but also provide the best deals to the customers.

North America to account for the largest market size during the forecast period.

North America is expected to contribute to the largest share of the global Wi-Fi market during the forecast period. The region has been dominated by sustainable and well-established economies that strongly invest in R&D activities, thereby contributing to the development of innovative technologies. Moreover, the Wi-Fi ecosystem includes several contributors, such as wireless service providers, network engineers, internet service providers, managed Wi-Fi service providers, and telecommunication providers, who have partnered with the key market players in the region. Furthermore, the need to deploy hotspots has enhanced, due to the increase in the usage of smartphones and tablets, and growth in internet dependency among customers. North America, especially the US, has the highest percentage of employees using smart devices at work, thereby supporting the BYOD initiative.

Market Dynamics

Governments’ initiatives for smart city projects

Smart city models have stimulated tremendous development drivers for various technology vendors and the associated service providers. With increasing government initiatives and environmental campaigns taking center stage, technology providers and consultants have aggressively started simulating innovative solutions based on conceptual modules for urban infrastructure design and development. The successful implementation of smart city projects depends heavily on technologies: data communications, cloud, mobility, and sensors, which all together form IoT. The technologies lay the foundation for smart city projects. Fast developments in the technologies, in recent years, have enabled better connectivity of objects, resulting in the complete development of smarter ecosystems.

Security and privacy concerns to remain a major challenge for the Wi-Fi Market

Data privacy is one of the major concerns faced by several organizations. Due to the tremendous rise in data volumes, enterprises seek better security and privacy protection, which will protect the network and secure it from online threats, such as corporate surveillance, data breaches, and data espionage. With an increase in the number of systems, many security and privacy issues have come up, and every endpoint, gateway, sensor, and smartphone has become a potential target for hackers. Wi-Fi solutions and associated services, offer secure, reliable, and high-speed internet access. Any disruption to enterprise processes can have a significant effect on the entire business. As a result, several enterprises are reluctant to adopt Wi-Fi solutions and services.

Wi-Fi Market: Research Design

 Source: MarketsandMarkets Analysis

Key Market Players

IBM (US), Broadcom (US), Micro Focus (UK), SmartBear Software (UK), Cygnet Infotech (India), SOASTA (US), Xamarin (US), , Oracle (US), Cavisson Systems (US), Tricentis (Austria), Cigniti (India), Cognizant (US), and Capgemini (France).
Cisco is one of the key vendors in the global Wi-Fi market. The company invests heavily in R&D activities to innovate its products and solutions, increase its market offerings, and support its initiatives to build premium enterprise solutions, services, and software capabilities. The technologies offered by the company are revolutionizing products, companies, and industries across the globe and are expected to drive investments from other companies and government agencies. The company functions in a highly dynamic business environment and focuses on product transformations as per the market demands.

Scope of the Report

Report Metrics

Details

Market size available for years

2015–2022

Base year considered

2016

Forecast period

2017–2022

Forecast units

Million (USD)

Segments covered

Component (solution and service), density, vertical and Region

Geographies covered

North America, Europe, APAC, MEA, and Latin America    

Companies covered

IBM (US), Broadcom (US), Micro Focus (UK), SmartBear Software (UK), Cygnet Infotech (India), SOASTA (US), Xamarin (US), , Oracle (US), Cavisson Systems (US), Tricentis (Austria), Cigniti (India), Cognizant (US), and Capgemini (France)

The research report categorizes the Wi-Fi market to forecast the revenues and analyze the trends in each of the following submarkets:

By Component

  • Solutions
  • Services

By Solutions

  • Access Points
  • WLAN Controllers
  • Wireless Hotspot Gateways
  • Others (Routers, Switches, Antennas, Repeaters, and Extenders)

By Service

  • Network Planning and Designing
  • Installation
  • Support
  • Survey and Analysis

By Vertical

  • Education
  • Healthcare
  • Retail
  • Transportation
  • Government
  • Manufacturing
  • Hospitality
  • Sports and Leisure
  • Others (BFSI, Oil and Gas, and Defense and Military)

By Region

  • North America
  • Europe
  • MEA
  • APAC
  • Latin America

Recent Developments

  • In November 2019, Huaweir launched 5G Mobile WiFi, a portable 5G modem offering connection speed of up-to 1.56 Gbps and internet speed of 867 Mbps
  • In November 2019, Honeywell announced production of IoT module “OneWireless” to support Cisco’s Catalyst IW6300 Heavy Duty Series Access Point
  • In November 2019, Emerson partnered with Cisco to introduce next generation industrial wireless network to augment data management within industrial environment
  • In January 2018, Huawei unveiled Huawei WiFi Q2, a hybrid whole home Wi-Fi system.
  • In January 2018, Alcatel-Lucent Enterprise signed a new strategic partnership with T-Systems to cater to the digital transformation needs of industrial, commercial, and retail customers.

AVAILABLE CUSTOMIZATIONS

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix that gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the North American Wi-Fi market into countries
  • Further breakdown of the European Wi-Fi market into countries
  • Further breakdown of the APAC Wi-Fi market into countries
  • Further breakdown of the MEA Wi-Fi market into countries
  • Further breakdown of the Latin American Wi-Fi market into countries

Company Information

  • Detailed analysis and profiling of additional market players

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of primaries’ profiles
                    2.1.2.2 Key Industry Insights
    2.2 Wi-Fi Market Size Estimation
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary

4 Premium Insights
    4.1 Attractive Market Opportunities in the Wi-Fi Market
    4.2 Wi-Fi Market: Share of the Top 3 Verticals and Regions, 2017
    4.3 Market Snapshot, By Region

5 Wi-Fi Market Overview
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Growing Adoption of BYOD Trend Among Organizations
                    5.1.1.2 Rapidly Increasing in the Demand for Wireless and Smart Devices
                    5.1.1.3 Emergence of Iot
           5.1.2 Restraints
                    5.1.2.1 Stringent Government Rules and Regulations
                    5.1.2.2 Contention Loss and Co-Channel Interference
           5.1.3 Opportunities
                    5.1.3.1 Governments' Initiatives for Smart City Projects
                    5.1.3.2 Increasing Demand for Carrier Wi-Fi
           5.1.4 Challenges
                    5.1.4.1 Poor User Experience in High-Density Environments
                    5.1.4.2 Security and Privacy Concerns
                    5.1.4.3 Slow Adoption Among SMEs

6 Wi-Fi Market By Component
    6.1 Introduction
    6.2 Solutions
           6.2.1 Solutions, By Type
                    6.2.1.1 Access Points
                    6.2.1.2 WLAN Controllers
                    6.2.1.3 Wireless Hotspot Gateways
                    6.2.1.4 Others
    6.3 Services
           6.3.1 Services, By Type
                    6.3.1.1 Network Planning and Design
                    6.3.1.2 Installation
                    6.3.1.3 Support
                    6.3.1.4 Survey and Analysis

7 Wi-Fi Market By Density
    7.1 Introduction
    7.2 High-Density Wi-Fi
    7.3 Enterprise-Class Wi-Fi

8 Wi-Fi Market By Vertical
    8.1 Introduction
    8.2 Education
    8.3 Healthcare
    8.4 Retail
    8.5 Transportation
    8.6 Government
    8.7 Manufacturing
    8.8 Hospitality
    8.9 Sports and Leisure
    8.10 Others

9 Wi-Fi Market By Region
    9.1 Introduction
    9.2 North America
    9.3 Europe
    9.4 Asia Pacific
    9.5 Middle East and Africa
    9.6 Latin America

10 Competitive Landscape
     10.1 Overview
     10.2 Competitive Scenario
             10.2.1 New Product Launches and Product Upgradation
             10.2.2 Partnerships, Agreements, and Collaborations
             10.2.3 Mergers and Acquisitions
             10.2.4 Business Expansions

11 Company Profiles
    11.1 Introduction
    11.2 Cisco
             11.2.1 Business Overview
             11.2.2 Solutions Offered
             11.2.3 Recent Developments
             11.2.4 Swot Analysis
             11.2.5 MnM View
    11.3 Aruba 92
             11.3.1 Business Overview
             11.3.2 Solutions Offered
             11.3.3 Recent Developments
             11.3.4 Swot Analysis
             11.3.5 MnM View
    11.4 Ruckus Wireless
             11.4.1 Business Overview
             11.4.2 Solutions Offered
             11.4.3 Recent Developments
             11.4.4 Swot Analysis
             11.4.5 MnM View
    11.5 Juniper Networks
             11.5.1 Business Overview
             11.5.2 Solutions Offered
             11.5.3 Recent Developments
             11.5.4 Swot Analysis
             11.5.5 MnM View
    11.6 Ericsson
             11.6.1 Business Overview
             11.6.2 Solutions Offered
             11.6.3 Recent Developments
             11.6.4 Swot Analysis
             11.6.5 MnM View
    11.7 Panasonic
             11.7.1 Business Overview
             11.7.2 Solutions Offered
             11.7.3 Recent Developments
             11.7.4 Swot Analysis
             11.7.5 MnM View
    11.8 Huawei
             11.8.1 Business Overview
             11.8.2 Solutions Offered
             11.8.3 Recent Developments
             11.8.4 Swot Analysis
             11.8.5 MnM View
    11.9 Alcatel-Lucent Enterprise
             11.9.1 Business Overview
             11.9.2 Solutions Offered
             11.9.3 Recent Developments
             11.9.4 Swot Analysis
             11.9.5 MnM View
    11.10 Netgear
             11.10.1 Business Overview
             11.10.2 Solutions Offered
             11.10.3 Recent Developments
             11.10.4 Swot Analysis
             11.10.5 MnM View
    11.11 Aerohive Networks
             11.11.1 Business Overview
             11.11.2 Solutions Offered
             11.11.3 Recent Developments
             11.111.4 Swot Analysis
             11.11.5 MnM View
    11.12 Riverbed Technology 
             11.12.1 Business Overview
             11.12.2 Solutions Offered
             11.12.3 Recent Developments
             11.12.4 Swot Analysis
             11.12.5 MnM View
 

*Details on Business Overview, Solutions Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details

List of Tables (93 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Wi-Fi Market Size, By Component, 2015–2022 (USD Million)
Table 3 Solutions: Wi-Fi Market Size, By Region, 2015–2022 (USD Million)
Table 4 Solutions: Market Size, By Type, 2015–2022 (USD Million)
Table 5 Services: Wi-Fi Market Size, By Region, 2015–2022 (USD Million)
Table 6 Services: Market Size, By Type, 2015–2022 (USD Million)
Table 7 Wi-Fi Market Size, By Density, 2015–2022 (USD Million)
Table 8 Market Size, By Vertical, 2015–2022 (USD Million)
Table 9 Education: Market Size, By Density, 2015–2022 (USD Million)
Table 10 Healthcare: Market Size, By Density, 2015–2022 (USD Million)
Table 11 Retail: Market Size, By Density, 2015–2022 (USD Million)
Table 12 Transportation: Wi-Fi Market Size, By Density, 2015–2022 (USD Million)
Table 13 Government: Market Size, By Density, 2015–2022 (USD Million)
Table 14 Manufacturing: Market Size, By Density, 2015–2022 (USD Million)
Table 15 Hospitality: Market Size, By Density, 2015–2022 (USD Million)
Table 16 Sports and Leisure: Market Size, By Density, 2015–2022 (USD Million)
Table 17 Others:  Market Size, By Density, 2015–2022 (USD Million)
Table 18 Wi-Fi Market Size, By Region, 2015–2022 (USD Million)
Table 19 North America: Wi-Fi Market Size, By Component, 2015–2022 (USD Million)
Table 20 North America: Market Size, By Solution, 2015–2022 (USD Million)
Table 21 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 22 North America: Market Size, By Density, 2015–2022 (USD Million)
Table 23 North America: Market Size, By Vertical, 2015–2022 (USD Million)
Table 24 North America: Education Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 25 North America: Healthcare Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 26 North America: Retail Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 27 North America: Transportation Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 28 North America: Government Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 29 North America: Manufacturing Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 30 North America: Hospitality Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 31 North America: Sports and Leisure Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 32 North America: Other Verticals Market Size, By Density, 2015–2022 (USD Million)
Table 33 Europe: Wi-Fi Market Size, By Component, 2015–2022 (USD Million)
Table 34 Europe: Market Size, By Solution, 2015–2022 (USD Million)
Table 35 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 36 Europe: Market Size, By Density, 2015–2022 (USD Million)
Table 37 Europe: Market Size, By Vertical, 2015–2022 (USD Million)
Table 38 Europe: Education Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 39 Europe: Healthcare Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 40 Europe: Retail Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 41 Europe: Transportation Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 42 Europe: Government Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 43 Europe: Manufacturing Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 44 Europe: Hospitality Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 45 Europe: Sports and Leisure Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 46 Europe: Other Verticals Market Size, By Density, 2015–2022 (USD Million)
Table 47 Asia Pacific: Wi-Fi Market Size, By Component, 2015–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Solution, 2015–2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 50 Asia Pacific: Market Size, By Density, 2015–2022 (USD Million)
Table 51 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)
Table 52 Asia Pacific: Education Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 53 Asia Pacific: Healthcare Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 54 Asia Pacific: Retail Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 55 Asia Pacific: Transportation Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 56 Asia Pacific: Government Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 57 Asia Pacific: Manufacturing Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 58 Asia Pacific: Hospitality Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 59 Asia Pacific: Sports and Leisure Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 60 Asia Pacific: Other Verticals Market Size, By Density, 2015–2022 (USD Million)
Table 61 Middle East and Africa: Wi-Fi Market Size, By Component, 2015–2022 (USD Million)
Table 62 Middle East and Africa: Market Size, By Solution, 2015–2022 (USD Million)
Table 63 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 64 Middle East and Africa: Market Size, By Density, 2015–2022 (USD Million)
Table 65 Middle East and Africa: Market Size, By Vertical, 2015–2022 (USD Million)
Table 66 Middle East and Africa: Education Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 67 Middle East and Africa: Healthcare Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 68 Middle East and Africa: Retail Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 69 Middle East and Africa: Transportation Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 70 Middle East and Africa: Government Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 71 Middle East and Africa: Manufacturing Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 72 Middle East and Africa: Hospitality Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 73 Middle East and Africa: Sports and Leisure Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 74 Middle East and Africa: Other Verticals Market Size, By Density, 2015–2022 (USD Million)
Table 75 Latin America: Wi-Fi Market Size, By Component, 2015–2022 (USD Million)
Table 76 Latin America: Market Size, By Solution, 2015–2022 (USD Million)
Table 77 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 78 Latin America: Market Size, By Density, 2015–2022 (USD Million)
Table 79 Latin America: Market Size, By Vertical, 2015–2022 (USD Million)
Table 80 Latin America: Education Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 81 Latin America: Healthcare Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 82 Latin America: Retail Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 83 Latin America: Transportation Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 84 Latin America: Government Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 85 Latin America: Manufacturing Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 86 Latin America: Hospitality Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 87 Latin America: Sports and Leisure Vertical Market Size, By Density, 2015–2022 (USD Million)
Table 88 Latin America: Other Verticals Market Size, By Density, 2015–2022 (USD Million)
Table 89 Wi-Fi Market Ranking Analysis
Table 90 New Product Launches and Product Upgradations, 2016–2018
Table 91 Partnerships, Agreements, and Collaborations, 2016–2018
Table 92 Mergers and Acquisitions, 2015
Table 93 Business Expansions, 2015


List of Figures (35 Figures)

Figure 1 Wi-Fi Market: Market Segmentation
Figure 2 Global Market: Research Design
Figure 3 Global Wi-Fi Market: Breakup of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Global Wi-Fi Market: Assumptions
Figure 8 Global Wi-Fi Market, By Component, 2017–2022
Figure 9 North America is Estimated to Have the Highest Market Share in 2017
Figure 10 Rising Implementation of IoT and BYOD Among Enterprises is Expected to Drive the Growth of the Wi-Fi Market
Figure 11 Education Vertical and North American Region are Estimated to Have the Highest Market Shares in 2017
Figure 12 North America is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 Wi-Fi Market: Drivers, Restraints, Opportunities, and Challenges
Figure 14 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 15 Wireless Hotspot Gateways Setup
Figure 16 High-Density Wi-Fi Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 17 Sports and Leisure Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 18 North America is Expected to Hold the Largest Market Size During the Forecast Period
Figure 19 Regional Snapshot: North America is Expected to Exhibit the Highest Growth Rate in the Global Wi-Fi Market
Figure 20 North America: Wi-Fi Market Snapshot
Figure 21 Europe: Market Snapshot
Figure 22 Key Developments By the Leading Players in the Global Wi-Fi Market During 2014–2017
Figure 23 Geographic Revenue Mix of the Top Players
Figure 24 Cisco: Company Snapshot
Figure 25 Cisco: SWOT Analysis
Figure 26 Aruba: SWOT Analysis
Figure 27 Ruckus Wireless: SWOT Analysis
Figure 28 Juniper Networks: Company Snapshot
Figure 29 Juniper Networks: SWOT Analysis
Figure 30 Ericsson: Company Snapshot
Figure 31 Ericsson: SWOT Analysis
Figure 32 Panasonic: Company Snapshot
Figure 33 Huawei: Company Snapshot
Figure 34 Netgear: Company Snapshot
Figure 35 Aerohive Networks: Company Snapshot


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