Global Wi-Fi Analytics Market Report to 2030 - Growing Competition of Offline Retail Businesses With Online Retail Businesses are Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Wi-Fi Analytics Market Size, Share, Trends, By Components, By Deployment By Application, By Location and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The global Wi-Fi analytics market size is expected to reach USD 65.69 Billion in 2030 and register a revenue CAGR of 25.5% over the forecast period, according to the latest report.

The market is primarily driven by the rising demand for cloud-based applications and services. The need to comply with stringent government regulations regarding data privacy and security is also playing a vital role in promoting market growth.

The rapid proliferation of mobile devices and the increasing number of Wi-Fi hotspots are other key factors driving the growth of the global Wi-Fi analytics market. However, the lack of awareness about Wi-Fi analytics solutions and services among small and medium enterprises (SMEs) is expected to restraint market growth to a certain extent.

Wi-Fi analytics is the process of collecting, analyzing and visualizing data about Wi-Fi networks to optimize their performance. It helps network administrators to troubleshoot issues, understand user behavior and improve the overall quality of the network.

Some Key Highlights from the Report

• On Jan 27, 2022, Extreme Networks, Inc., a cloud-based networking company, announced the acquisition of Avaya Inc.'s networking business, which includes the Wi-Fi solutions portfolio. This move is expected to strengthen Extreme Networks' position in the enterprise networking market.
• The solution segment held the largest revenue share in the global Wi-Fi analytics market in 2021. This is mainly because of the rising need to manage and analyze enterprise Wi-Fi networks. Solutions provide comprehensive visibility into network performance and end-user experience. In addition, they enable enterprises to optimize their network infrastructure and reduce operational costs.
• The service segment is expected to grow at the highest CAGR during the forecast period. This is mainly due to the increasing need for expert services to ensure the proper functioning of Wi-Fi analytics solutions. Service providers offer a wide range of services, including consulting, deployment and integration, and support and maintenance.
• The small and medium-sized enterprises (SMBs) segment is expected to register the highest CAGR during the forecast period. This growth can be attributed to the increasing adoption of Wi-Fi analytics solutions by SMBs to manage and analyze their Wi-Fi networks. SMBs are rapidly adopting cloud-based solutions to reduce their IT infrastructure costs.
• The healthcare segment accounted for the largest revenue share in the global Wi-Fi analytics market in 2021. This is due to the increasing adoption of Wi-Fi analytics solutions in healthcare organizations to manage and monitor their Wi-Fi networks. Healthcare organizations use Wi-Fi analytics solutions to improve patient care and operational efficiency.
• The retail segment is expected to register the highest CAGR during the forecast period. This growth can be attributed to the increasing adoption of Wi-Fi analytics solutions by retailers to understand customer behavior and preferences. Retailers use Wi-Fi analytics solutions to enhance customer engagement and loyalty.
• The Wi-Fi analytics market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing adoption of Wi-Fi analytics solutions in countries, such as China, India, and Japan. In addition, the rising number of SMBs in the region is expected to drive market growth.

Company Profiles

• Cisco Systems, Inc.
• Skyfii Limited
• Aruba (Hewlett Packard Enterprise Company)
• Zebra Technologies Corp.
• Cloud4Wi
• Extreme Networks
• Fortinet, Inc.
• Commscope
• MetTel
• Spotonwifi.com

For the purpose of this report, the publisher has segmented the Wi-Fi analytics market based on component, deployment, application, location, and region:

Component Outlook (Revenue, USD Billion; 2019-2030)

• Solutions
• Services

Deployment Outlook (Revenue, USD Billion; 2019-2030)

• Cloud
• On-Premises

Application Outlook (Revenue, USD Billion; 2019-2030)

• Footfall Analytics
• Customer Experience Management
• Customer Behavior Analytics
• Customer Engagement
• Customer Loyalty Management

Location Outlook (Revenue, USD Billion; 2019-2030)

• Indoor
• Outdoor

Regional Outlook (Revenue, USD Billion; 2019-2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Sweden
• BENELUX
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa
• Israel
• Rest of MEA

For more information about this report visit https://www.researchandmarkets.com/r/yvlmoi