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Wi-Fi Market worth $25.2 billion by 2026


CHICAGO, March 8, 2021 /PRNewswire/ — According to new research report Wi-Fi Market by Component (Hardware, Solution, and Services), Density (High-density Wi-Fi and Enterprise-class Wi-Fi), Location Type (Indoor and Outdoor), Organization Size, Vertical (Education, Retail and eCommerce), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global post-COVID-19 Wi-Fi Market size to grow from USD 9.4 billion in 2020 to USD 25.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period.

Browse in-depth TOC on “Wi-Fi Market
315 – Tables
53 – Figures
286 – Pages

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The major growth drivers for the market include increasing need for robust network connectivity and adoption of Wi-Fi solutions in various verticals such as education, healthcare and life sciences, and retail and eCommerce, BFSI, and IT and telecom.

By component, hardware segment to hold the largest market size during the forecast period

The hardware segment is expected to grow at the highest CAGR during the forecast period. The Wi-Fi hardware segment comprises access points, WLAN controllers, wireless hotspot gateways, and others. The others segment includes repeaters and relay. The integration of Wi-Fi with other devices has led to improved connectivity. Several verticals such as healthcare and life sciences and BFSI are highly dependent on wireless connectivity, and any kind of loss of connection may hamper their daily business operations.

By vertical, healthcare and life sciences segment to grow at a higher CAGR during the forecast period

The healthcare and life sciences segment to witness a higher adoption rate in the coming years. The healthcare and life sciences vertical uses Wi-Fi for the centralized management of data to increase the scalability and reliability of the services offered. In the healthcare and life sciences industry, cloud Wi-Fi services enable easy and secure access to the medical history and other critical information of patients from anywhere at any time.

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North America to hold the largest market size during the forecast period

North America, a technologically advanced region with a high number of early adopters and the presence of major market players, is expected to contribute the highest market share in terms of revenues during the forecast period. The growth in North America is mainly driven by the increasing adoption of integrated enterprise and business solutions for more flexible and agile business processes and operations. The demand for the adoption of wireless hotspots and Wi-Fi solutions and services is expected to increase due to the rise in wireless technology investments by the major companies in this region.

Major vendors in the global Wi-Fi Market include Cisco (US), Ericsson (Sweden), Extreme Networks (US), Huawei (China), Juniper Networks (US), Panasonic (Japan), Fortinet (US), NETGEAR (US), Aruba (US), Alcatel-Lucent Enterprise (France), D-Link (Taiwan), Broadcom (US), Airtel (India), Orange Business Services (France), Comcast Business (US), Vodafone (UK), Telstra (Australia), Fujitsu (Japan), AT&T (US), Lever Technology Group (UK), Redway Networks (Buckinghamshire), Ubiquiti Networks (US), iPass (US), Superloop (Australia), Cambium Networks (US), CASA Systems (US), Fon (Spain).

Browse Adjacent Markets: Mobility and Telecom Market Research Reports & Consulting

Related Reports:

WiFi as a Service Market by Service (Professional Services and Managed Services), Solution, Organization Size (Small and Medium Enterprises and Large Enterprises), Location Type (Indoor and Outdoor), Vertical, Region – Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/wi-fi-as-a-service-market-143023614.html

Wi-Fi Analytics Market by Component, Application (Wi-Fi Presence Analytics and Wi-Fi Marketing Analytics), End Use (Smart Infrastructure, Retail, Sports and Entertainment, and Hospitality), Deployment Model, and Region – Global Forecast to 2024

https://www.marketsandmarkets.com/Market-Reports/wi-fi-analytics-market-124535256.html

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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