WiFi as a Service Market

Cisco Systems (US) and Huawei Technologies Co. (China) are leading players in WiFi as a Service Market

The WiFi as a service market is projected to grow from USD 2.1 billion in 2018 to USD 6.1 billion by 2023, at a CAGR of 23.8% from 2018 to 2023. The major factors driving the growth of the market include the reduction in the cost of ownership of WiFi infrastructure for organizations, development of smart cities, and increased demand for high-speed and widespread network coverage.

Cisco Systems (US), Huawei Technologies Co. (China), ARRIS International (US), Aerohive Networks (US), Singtel (Singapore), Rogers Communications (Canada), Telstra Corporation (Australia), Viasat (US), ADTRAN (US), Aruba (US), Extreme Networks (US), Fujitsu (Japan), Superloop (Australia), iPass (US), Arista Networks (US), Ubiquiti Networks (US), Fortinet (US), Riverbed Technology (US), 4ipnet (Taiwan), Edgecore Networks (Taiwan), Mist Systems (US), ALE International (France), Allied Telesis (Japan), LANCOM Systems (Germany), and D-Link Corporation (Taiwan) are the leading players operating in the WiFi as a service market. These players have adopted various growth strategies such as partnerships, agreements, and collaborations; new product launches and product enhancements; expansions; and acquisitions to expand their presence in the WiFi as a service market. Partnerships, agreements and collaborations, and new product launches and product enhancements have been the most preferred strategies by the major players from January 2016 to January 2019 to innovate their offerings and broaden their customer base.

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Cisco Systems is one of the leading vendors of Internet Protocol (IP)-based products and services. The company offers a diverse set of WiFi solutions and services, which include Cisco Meraki Wi-Fi solution, Meraki wireless LAN solution, access points, wireless LAN management, wireless LAN controllers, Cisco Meraki full stack networking services, and managed services. The company functions in a highly dynamic business environment and focuses on product transformations according to market demands. For instance, in September 2018, Cisco Meraki, a cloud managed IT company and a subsidiary of Cisco Systems, launched Meraki Go, an enterprise level WiFi product for small and medium businesses. Cisco Systems focuses on building strong and long-term relationships with its key clients. It also emphasizes close partnerships with various technology leaders. For instance, in 2017, Cisco partnered with Phunware to provide location-powered mobile experience to its customers. It also offers a high-capacity and high-speed cloud managed wireless mobile experience to its customers.

Huawei Technologies Co. is another top player in the WiFi as a service market. It offers a broad product and service portfolio including Huawei WLAN solution, access controllers, Huawei cloud managed campus network solution, implementation services, and maintenance services. The company focuses on developing R&D centers to offer technologically advanced solutions. For instance, the company opened its 10th OpenLab, an R&D facility in Moscow (Russia) in April 2018. Moreover, in December 2017, the company opened its 8th OpenLab in Cairo (Egypt) to build an ICT ecosystem in North Africa. Huawei Technologies Co. has adopted various business strategies such as new product launches and collaborations to enhance its position in the market. For instance, in October 2018, it launched its high-accuracy wireless location solutions, AP4050DN-AOA Wi-Fi Access Point (AP) and AP4050DN-E AP to cater to the wireless access requirements of both, commercial and industrial sectors.

Related Reports:

WiFi as a Service Market by Service (Professional Services and Managed Services), Solution, Organization Size (Small and Medium Enterprises and Large Enterprises), Vertical (Education, Retail, Travel and Hospitality), Region - Global Forecast to 2023

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Report Code
TC 4641
RI Published ON
2/28/2019
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