Wi-Fi as a Service Market COVID – 19 Analysis Research Report by Forecast to 2022
Wi-Fi
as a Service Market Highlights:
The
global Wi-Fi as a service market is showing immense growth; mainly due to the
growing demand for centralized management and remote troubleshooting. With the
advancements in technology, Wi-Fi as a service also allows faster deployment
and end to end visibility. Low total cost of ownership is another major factor
driving the growth of Wi-Fi as a service market. According to a recent study
report published by Market Research Future, The global market of Wi-Fi as a
Service is booming and expected to gain prominence over the forecast period.
The market is projected to demonstrate a spectacular growth by 2023 with a
striking CAGR during the anticipated period (2017 – 2023).
Increasing
demand for wifi
as a service industry is being driven by the
modernization and development of infrastructure such as smart cities is one
major factor driving the growth of Wi-Fi as a Service market. Increasing need
for low capital expenditure and growing demand for centralized management and
remote troubleshooting are major factors driving the growth of Wi-Fi as a
service market. Also, growing need for energy-efficient lighting systems is
another major factor responsible for fuelling the market growth. Technological
advancements and growing proliferation of BYOD and mobility is boosting the
growth of Wi-Fi as a service market. Also, increasing demand for Wi-Fi as a
service from various end users sectors such as educational institutions, retail
outlets, and hospitality is another major factor driving the market growth. The
Wi-Fi as a service market is highly competitive due to the increase in
implementation of cloud based technologies and increasing developments in the
field of internet of things.
Indoor
user location sub segment is expected to hold the largest market share of the
Wi-Fi as a service market. This is owing to the increasing demand for cloud
access points at indoor user locations from sectors such as educational
institutions, retail outlets, and hospitality. On the other hand, lack of
awareness and cloud connectivity failure are major factors hindering the growth
of Wi-Fi as a service market. Also, security and privacy issues are other
factors that may hamper the growth of Wi-Fi as a service market.
Wi-Fi
as a Service Market Competitive Landscape:
The key players
operating in the global Wi-Fi as a Service market include Telstra Corporation
Limited (Australia), IPASS Inc.(U.S), Ruckus Wireless(U.S.), Zebra Technologies
Corporation(U.S.), Cisco Systems Inc. (U.S.), Hewlett Packard Enterprise
Company(U.S.), Singapore Telecommunications Limited(Singapore), Rogers
Communication Inc.(U.S.), Fujitsu Limited(Japan), and Big Air Group
Limited(Australia).
Wi-Fi
as a Service Market Segmentation:
The Wi-Fi as a service market can be
classified into 5 key segments for the convenience of the report and enhanced
understanding;
· Segmentation
by Service Type: Comprises of Network Planning and Designing, Cloud Access
Point, Wi-Fi as a Service Analytics, Support and Maintenance and Others
· Segmentation
by User Location: Comprises of Indoor and Outdoor
· Segmentation
by Organization Size: Comprises of SMEs and Large Enterprises
· Segmentation
by Vertical: Comprises of BFSI, Consumer Goods & Retail, Education,
Government & Public Sector, Healthcare & Life Sciences, Manufacturing,
IT & Telecommunication, Travel & Hospitality, Transportation &
Logistics and Others
· Segmentation
by Region: Comprises of Geographical regions - North America, Europe, Asia
Pacific and Rest of the World.
Wi-Fi
as a Service Market Regional Analysis:
By region, the global
Wi-Fi as a Service market has been segmented
into North America, Europe, Asia Pacific, and
The Rest of the world. North America is at the forefront of the global WaaS market. High investment in cloud-based solutions, and concentration of key players in the region supports the growth
of the North America market.
Moreover, the region is a frontrunner in the uptake of new
and evolving technologies which is also a market driver. Europe is also a
strong market and is expected to exhibit considerable growth over the forecast
period. Asia Pacific market is in its growth stage and is poised to be the
fastest growing market for WaaS. Economic growth, development of IT
infrastructure, demand for economic
network services and high number o SMEs in the region can be attributed for this growth.
About Market Research Future:
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