The global managed
Wi-Fi market is forecast to reach USD 9.68 Billion by 2026,
according to a new report by Reports and Data. The managed Wi-Fi solution
market is gaining traction due to the increasing demand in enterprise mobility
services and an increase in the deployment of public Wi-Fi in several physical
venues. Growth in the number of devices that require Wi-Fi is also creating a
demand for the market. Demand for smart devices such as smartphones, laptops,
tablets, digital cameras, and consoles are rising at a rapid rate leading to a
pressing need for high-speed internet.
In the past decade, the scenario for WLAN has changed
dramatically. Form managing few access points (AP) to providing hotspots for
several employees in an office, the Wi-Fi is now expected to cover the whole
enterprise, which may have hundred to thousand users. To manage the high scale
demand for wireless connectivity, enterprises are hiring professionals to manage
their Wireless LAN. Cloud-based Wi-Fi provides ample opportunity for the growth
of the market. The service providers manage the entire WLAN ecosystem remotely
ensuring a secure, stress-free Wi-Fi network.
Factors limiting the growth of the market are lack of
standards for interconnectivity and interoperability.
To identify the key trends in the industry, click on the
link below:
Further key findings from the report suggest
Ø Wi-Fi
managed services held a market share of ~53% in the year 2018. Increase in
demand for professionals to handle the rising number of wireless internet users
are fuelling the demand for the market.
Ø Managed
Wi-Fi is a reliable and quick wireless service with several features to improve
the company’s workforce performance and provide greater visitor engagement.
Network consulting segment held a market share of ~26% in the year 2018.
Ø Enterprises
opt to outsource Wi-Fi management from a different source only if they are sure
that the management company will provide a secure and reliable network.
Protection of confidential data and their employee’s privacy is paramount for
the enterprise. Network security segment held a market share of ~29% in the
year 2018.
Ø On
the basis of infrastructure, installation, and provisioning held the largest
market share of ~41% in the year 2018 and is forecast to have the highest
growth rate of 15.4% during the period 2019-2026.
Ø Transportation
and Logistics are increasingly adopting managed Wi-Fi services. The wireless
technology finds several applications such as communication, tracking,
inventory, distribution, and storage, among others in the transportation
sector. Real-time tracking is crucial in this business. The segment held a
market share of ~14% in the year 2018.
Ø Banking,
financial services, and insurance require a very secure Wi-Fi connection to
protect the highly confidential information regarding its clients. This sector
is forecast to hold a market share of ~16% in the year 2026.
Ø North
America held the largest market share of ~29% in the year 2018. The region is
opting for managed Wi-Fi solution to improve their core business with quick and
easy deployment, improved performance with limited CAPEX and minimum OPEX,
thereby providing secure connectivity to their employees.
Ø Key
participants include Cisco Systems, Vodafone, Aruba, Purple, Fujitsu, Mojo
Networks, WiFi Sparks, Rogers Communication, Verizon, and Comcast Business,
among others.
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For the purpose of this report, Reports and Data have
segmented into the global managed WiFi market on the basis of components,
networking services, infrastructure services, organization size, vertical, and
region:
Components Outlook (Revenue, USD Billion; 2016-2026)
- Solution
- Services
Networking Services Outlook (Revenue, USD Billion;
2016-2026)
- Network
Security
- Network
Planning and Designing
- Network
Consulting
- Others
Infrastructure Services Outlook (Revenue, USD Billion;
2016-2026)
- Survey
and Analysis
- Installation
and Provisioning
- Others
Organization Size Outlook (Revenue, USD Billion;
2016-2026)
- Large
Enterprises
- Small
and Medium Sized Enterprises
Vertical Outlook (Revenue, USD Billion; 2016-2026)
- Manufacturing
- IT
& Telecommunications
- Healthcare
- BFSI
- Education
- Retail
- Government
and Public Sector
- Transportation
and Logistics
Regional Outlook (Revenue, USD Billion; 2016-2026)
- North
America
- U.S.
- Europe
- UK
- France
- Asia
Pacific
- China
- India
- Japan
- MEA
- Latin
America
- Brazil
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Information and communication Technology Category at: https://www.reportsanddata.com/report/category/information-technology
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