DUBLIN--(BUSINESS WIRE)--The "Global Wi-Fi Market (2021-2026) by Component, Density, Organization Size, Deployment Type, Vertical, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Wi-Fi Market is estimated to be USD 14.1 billion in 2021 and is expected to reach USD 38.2 billion by 2026, growing at a CAGR of 22%.
Key factors such as rising enterprise mobility requirements, rising BYOD trends among organizations, growing demand for data-intensive applications that need high bandwidth and speed have been driving the overall Wi-Fi market growth. Nowadays, organizations across all business verticals are coming up with improved standards to provide better connectivity and mobility to their users. This is likely to drive the market growth further.
Conversely, security threats, such as Wireless hacking, is the major restraint for the market growth. Also, the lack of skilled laborers to troubleshoot the wireless devices is another factor hindering the market growth. Deployment of 3G and 4G communication infrastructures may also act as a challenge to the Wi-Fi market. Connectivity and performance issues such as configuration, gateway limitation, path loss, co-channel interference, and inconsistent connectivity are further expected to create an obstacle for the Wi-Fi market growth.
The global Wi-Fi market is segmented based on Component, Density, Organization Size, Deployment Type, Vertical, and Geography.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Wi-Fi Market.
- The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also contains the competitive analysis using Competitive Quadrant, the analyst's proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Market Dynamics
Drivers
- Growing Adoption of BYOD Trend Among Organizations
- Rapidly Increasing in the Demand for Wireless and Smart Devices
- Emergence of IoT
- Rising Enterprise Mobility Requirements
- Growing Demand for Data-Intensive Applications that Need High Bandwidth and Speed
Restraints
- Stringent Government Rules and Regulations
- Contention Loss and Co-Channel Interference
- Deployment of 3G and 4G Communication Infrastructures
Opportunities
- Governments' Initiatives for Smart City Projects
- Increasing Demand for Carrier Wi-Fi
Challenges
- Poor User Experience in High-Density Environments
- Security and Privacy Concerns
- Slow Adoption Among SMEs
Companies Mentioned
- Aruba 92
- Cisco
- Ruckus Networks
- Juniper Networks
- Ericsson
- Panasonic
- Huawei
- Alcatel-Lucent Enterprise
- Netgear
- Extreme Networks
- Riverbed Technology
- Aptilo Networks
- Boingo Wireless
- Brocade Communications Systems
- Hewlett Packard Enterprise
- iPass
- Ubiquiti Networks
- Motorola Solutions
- Tp-Link
- Ruijie Networks
For more information about this report visit https://www.researchandmarkets.com/r/xdhub5
