The managed Wi-Fi solutions market is gaining traction due to the rapid increase in the deployment of public Wi-Fi across physical venues. Furthermore, an increasing demand for high-speed and widespread network coverage is also a major factor contributing to the growth of managed Wi-Fi solutions market. MarketsandMarkets forecasts the global managed Wi-Fi solutions market size to grow from USD 3.07 Billion in 2017 to USD 6.11 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period.
Major players in the managed Wi-Fi solutions market include Cisco Systems (US), Fujitsu (Japan), Vodafone (UK), Verizon (US), Ruckus Wireless (US), Aruba (US), Mojo Networks (US), and Purple (England). These leading players have adopted various growth strategies, such as partnerships, collaborations, agreements, mergers, acquisitions, and new product developments, to achieve growth in the managed Wi-Fi solutions market.
Aruba is one of the leading players in the managed Wi-Fi solutions market. The company has adopted both organic and inorganic growth strategies to enhance its presence in the managed Wi-Fi solutions market. It formed various partnerships and strategic alliances with local as well as global players, to serve competently in the market. For instance, in 2017, Aruba partnered with Junivo, a leading big data analytics company. This partnership enabled the integration of Aruba’s AirWave Management Platform, Analytics and Location Engine (ALE), Meridian Engagement Platform, and Junivo’s WiFi360 Internet of Things (IoT) platform to deliver cloud-based analytics, social Wi-Fi, and personalized engagement to clients in retail and hospitality industries.
Cisco Systems, an established vendor in the managed Wi-Fi solutions market, has strong presence across North America, Asia Pacific (APAC), Middle East and Africa (MEA), Europe, and Latin America. The company focuses on inorganic and organic growth strategies to tap opportunities in the managed Wi-Fi solutions market. For instance, in 2017, Cisco partnered with Phunware, a leading enterprise mobile software company. This partnership has enabled Cisco to provide its users with location-powered mobile experience. In addition, this deal has provided Cisco Systems’ customers with high-capacity and high-speed cloud managed wireless mobile experience, including real-time indoor navigation, mobile marketing automation, and contextual content.
Managed Wi-Fi Solutions Market by Networking Service (Network Security, Network Planning and Designing, Network Consulting), Infrastructure Service (Survey and Analysis, Installation and Provisioning), Vertical, and Region - Global Forecast to 2022
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