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Wi-Fi Market Size 2020 Global Analysis, Trend, Share, Key players, Growth Drivers, Development, Opportunity and Forecast Till 2026

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Wi-Fi Market Size 2020 Global Analysis, Trend, Share, Key players, Growth Drivers, Development, Opportunity and Forecast Till 2026

April 08
18:46 2020
Wi-Fi Market Size 2020 Global Analysis, Trend, Share, Key players, Growth Drivers, Development, Opportunity and Forecast Till 2026
Global Wi-Fi Market by Component (Solutions (Access Points, WLAN Controllers, Wireless Hotspot Gateways) and Services (Network Planning & Design, Installation, Support, Survey and Analysis)), Density (High-Density Wi-Fi and Enterprise-Class Wi-Fi), Vertical (Education, Healthcare, Retail, Transportation, Government, Manufacturing, Hospitality, Sports & Leisure); Trend Analysis, Competitive Market Share & Forecast, 2020-2026

The Global Wi-Fi Market was accounted as $28.41 billion in the year 2019 and is estimated to grow at a significant rate during the forecast period 2020-2026. The global market is driven by various growth factors such as boost in remote working globally, increasing adoption of BYOD among organizations and increasing demand for smart devices and wireless.

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The Global Wi-Fi Market is majorly impacted by increasing adoption of social distancing as a primary safety measure in the current global pandemic crisis of COVID-19. The market has witnessed a growth in number of wi-fi connections, owing to increasing number of remote working worldwide.  

Segmentation Overview of the Global Wi-Fi Market

The global Wi-Fi market is segmented on the basis of various segments such as Component, Solutions, Services and Verticals. These market segments are further categorized into various sub-segments to study the market in detail.

The Component Segment of the Global Wi-Fi Market is Sub-Segmented into:

  • Solutions
  • Services

The Solutions Segment of the Global Wi-Fi Market is Sub-Segmented into:

  • Access Points
  • WLAN Controllers
  • Wireless Hotspot Gateways
  • Others (Routers, Switches, Antennas, Repeaters, and Extenders)

The Services Segment of the Global Wi-Fi Market is Sub-Segmented into:

  • Network Planning and Designing
  • Installation
  • Support
  • Survey and Analysis

The Vertical Segment of the Global Wi-Fi Market is Sub-Segmented into:

  • Education
  • Healthcare
  • Retail
  • Transportation
  • Government
  • Manufacturing
  • Hospitality
  • Sports and Leisure
  • Others (BFSI, Oil and Gas, and Defence and Military)

Regional Insights of the Global Wi-Fi Market

Region wise, the global Wi-Fi market is analysed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Turkey, and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, ASEAN and rest of Asia-pacific), and LAMEA (Latin America, the Middle East, and Africa). As per the analysis, the North American market is estimated to dominate the global market during the forecast period, owing to well-established infrastructure of market players in the region and high per capita income also act as the major factor in the growth of the global Wi-Fi market. On the other hand, the APAC region is estimated to grow at fastest growth rate in the global market, owing to sudden growth in remote working due to outbreak of COVID-19 in the region and globally. Also, the Wi-Fi ecosystem includes various contributors such as telecommunication providers, managed Wi-Fi service providers, internet service providers, network engineers and wireless service providers which act as active market players in the region. Moreover, increasing dependency on internet and boost in number of smart devices such as tablets, smart TVs and tablets also influence the regional growth.

Key Players Insights

Capgemini (France), Cognizant (US), Cigniti (India), Tricentis (Austria), Cavisson Systems (US), Oracle (US), Xamarin (US), SOASTA (US), Cygnet Infotech (India), SmartBear Software (UK), Micro Focus (UK), Broadcom (US) and IBM (US) are some major players included in the research study of the global Wi-Fi market.

The major market players are highly investing in the research and development activities to innovate a range of products and solutions related to the market. Also, companies are increasing their market offerings and support the software capabilities, premium enterprise solutions and others.

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