The report is titled as ‘Wifi Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Wifi market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.
Wifi Introduction
Wi-Fi can be classed as a wireless networking technology that enables devices such as mobile devices (wearables and smartphones), computers (desktops and laptops), as well as other devices (video cameras and printers) to interact with the Internet. It enables these devices--and a whole lot more--to exchange information with one another, building a network. Internet connectivity takes place by means of a wireless router. When one accesses Wi-Fi, one is connected to a wireless router that enables the Wi-Fi-compatible devices to interact with the Internet. Ironically, it does not stand for anything. Wi-Fi cannot be considered as an acronym as it is a brand name made by a marketing firm that is bound to function as an interoperability stamp for commercial efforts.
The growing number of smartphones and smart device users portrays the soaring potential for Wi-Fi solutions, as the devices use Wi-Fi networks for improved connectivity grounds. Thus, the considerable growth of smart and wireless devices are primarily projected to boost the growth of the global Wi-Fi market in the future years.
Wifi Market Segmentation
The Wifi market is segmented on the basis of offering, deployment, location type, organization size, industry vertical, and region.
By Offering
Wireless Access Points
Mesh Routers
Home Gateways
Wireless Repeaters
Solution
Services
Professional Services
Managed Services
By Deployment
Converged Deployment
Cloud-Based Deployment
By Location Type
Indoor
SMEs
Retail and eCommerce
Healthcare
Government
Hospitality
Transportation and Logistics
Manufacturing
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Wifi Market Key Players
Some of the key participating players in Wifi market are:
Cisco Systems, Inc.
Cypress Semiconductor Corporation
Aruba Networks
D-Link Corporation
Marvell Technology, Inc.
KAONMEDIA Co., Ltd.
Ruckus Wireless, Inc.
Cambium Networks Corporation
Linksys Holdings, Inc.
AsusTek Computer Inc.
TP-Link Corporation Limited
NETGEAR, Inc.
Intel Corporation
Huawei Technologies Co., Ltd.
Juniper Networks, Inc
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product developments and launches
Global ICT Industry Outlook
Wifi Growth Outlook
Top Companies Historical Growth Rate
Pricing Impact
Impact of Regulations
Growth in investment in Technology
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
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The Wifi market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.
The base year for the report is 2021 in Wifi market.
The Wifi market is segmented on the basis of offering, deployment, location type, organization size, industry vertical, and region.
Some of the key participating players in Wifi market are: Cisco Systems, Inc., Cypress Semiconductor Corporation, Networks, D-Link Corporation, Marvell Technology, Inc., KAONMEDIA Co., Ltd., Ruckus Wireless, Inc., Cambium Networks Corporation, Linksys Holdings, Inc., AsusTek Computer Inc., TP-Link Corporation Limited, NETGEAR, Inc., Intel Corporation, Huawei Technologies Co., Ltd., Juniper Networks, Inc.