Zion Market Research, the market research group announced the analysis report titled ‘Wi-Fi as a Service Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016 – 2024‘
Global Wi-Fi as a Service Market: Overview
Nowadays, mobile phones and other electronic devices are highly adopted devices that require high-speed data connectivity. They became essential at workplaces for functional efficiency and productive output. Wi-Fi technology allows electronic devices to connect with wireless LAN networks (WLAN) within its range that needs to be protected by the password. Smartphones, modern printers, personal computers, digital cameras, and tablets are compatible and can easily connect to the Internet through wireless access point and WLAN network. Wi-Fi as a service (WaaS) is the complete cloud-based management system; it allows enterprises along with limited IT resources to offer reliable and secures fast WLAN access globally. It can easily deploy and does not require cable installation. It can manage through network operating center and allow small organizations to attain fast and reliable data network. Wi-Fi as a service is efficient for the office relocations, temporary locations, and heritage buildings.
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Global Wi-Fi as a Service Market: Growth Factors
Some major factors responsible for the global Wi-Fi as a service market growth are remote troubleshooting, increasing demand for centralized management, low capital expenditure, and reduced cost of ownership. Strong emphasis on employee empowerment, globalization of businesses and increasing need for digital mobility tools are fuelling the global market growth in future. In addition, rising number of medium-sized organizations are focusing on adopting Wi-Fi as a service in order to gain improved agility and efficiency, end-to-end visibility fast deployment, labor management, and cost-effectiveness. It is ready to revolutionize logistics and transportation sector, particularly in mass transits.
The global Wi-Fi as a service market is categorized based on end-use industry as healthcare, IT and telecommunications, public sector and government, education, manufacturing, banking, financial services and insurance (BFSI), hospitality and travel, logistics and transportations, and retail. Based on service, the global market is divided as maintenance and support, cloud access point, network designing and planning and others.
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Global Wi-Fi as a Service Market: Regional Analysis
North America holds the largest market share in the global Wi-Fi as a service market due to increasing government financial support. It is most prominent region across the world for Wi-Fi as a service owing to favorable governmental policies and robust infrastructure. Asia Pacific is expected to be a potential market due to strong economic growth, rapidly increasing SMBs, and boom in enterprise networking. This region may propel the demand in the global market in the near future owing to large-scale outsourcing of BPO/KPO operations in countries such as Malaysia, India, and China. Development of the Wi-Fi as a service in the IT infrastructure and increase in a number of cloud-based services may drive the global Wi-Fi as a service market in Europe.
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Global Wi-Fi as a Service Market: Competitive Players
Major players dominating the global Wi-Fi as a service market are Fujitsu Limited, BigAir Group Limited, Ruckus Wireless, Inc., ViaSat Inc., Cisco Systems Inc., iPass, Inc., and Aerohive Networks, Inc. Other players include Telstra Corporation Limited, Singapore Telecommunications Limited, Mojo Networks, Inc., Rogers Communications, Inc., Zebra Technologies Corporation, and Adtran, Inc.
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