Wi-Fi Market by Component, Density, Location Type, Organization Size, Vertical

List of Tables

[193 Pages Report] The Wi-Fi Market size was estimated at USD 15.68 billion in 2023 and expected to reach USD 17.84 billion in 2024, at a CAGR 14.57% to reach USD 40.66 billion by 2030.

Wi-Fi is referred to as wireless networking technology that allows smartphones, computers, or other devices to connect to the internet or communicate within a specified network wirelessly. This technology is propagated through radio waves without wired connections, thus providing convenience and flexibility in accessing data and information online. The increasing use of smart devices, the widespread adoption of IoT, and the surge in online gaming and media streaming have all led to an incline in the demand for high-speed internet connectivity, driving the market expansion. However, high infrastructure investment and maintenance costs, network security concerns, and inadequate connectivity in rural areas may hinder the Wi-Fi market growth. Nevertheless, the ongoing deployment of public Wi-Fi across cities and increasing global wireless traffic may create potential opportunities for the growth of the Wi-Fi market.

KEY MARKET STATISTICS
Base Year [2023]	USD 15.68 billion
Estimated Year [2024]	USD 17.84 billion
Forecast Year [2030]	USD 40.66 billion
CAGR (%)	14.57%

Component: Increasing utilization of hardware due to its constant technological advancements

The hardware components are an essential part of Wi-Fi services. Access points are responsible for creating a wireless local area network, or WLAN, in an office or large building. They act as a communication "hub" for users of a WLAN to connect to a wired enterprise network. Wireless Hotspot gateways connect Wi-Fi-enabled devices, the internet, or a local area network. Gateways have features that can provide access control, security, and other network-related services. WLAN controllers are used to manage wireless network access points centrally. They help to boost network performance and security, ensuring optimal data transmission and protection against potential threats on the wireless network. The managed services model involves outsourcing the company's wireless network operations. This authorizes businesses to focus on core operations while ensuring their Wi-Fi services are expertly operated and maintained. Professional Services consist of specialized consulting and operational assistance provided to companies. These include strategic planning for network optimization, security audits, and system integration support. Wi-Fi solution offerings refer to a suite of services and products designed to overcome specific business challenges related to wireless networking. This can include providing scalable Wi-Fi infrastructure for businesses expanding their operations to cybersecurity solutions for safeguarding network data.

Density: Wide adoption of high-density Wi-Fi as it prioritizes maintaining the quality of service despite the high traffic

Enterprise-class Wi-Fi is a robust solution designed to manage large-scale, complex networks. These solutions are designed for durability, scalability, and security. On the other hand, high-density Wi-Fi is tailored for settings with a large cluster of users present in a small area. Environments such as conference halls, stadiums, and large public areas specifically require this form of Wi-Fi. It prioritizes maintaining the quality of service despite the high traffic. Enterprise-class Wi-Fi solutions are suitable for organizations needing sophisticated network management, high-level security, and the ability to scale. In contrast, high-density Wi-Fi is suitable for environments prone to excessive demand over a compact area, maintaining service quality regardless of user volume.

Location Type: Burgeoning utilization of Wi-Fi for outdoors

Indoor Wi-Fi installation possesses its unique set of needs and preferences due to factors such as building materials, size, and configurations. Consumers prefer high-speed, stable, secure connections covering all corners of their homes or offices. Compact, unobtrusive hardware is also a common preference. Outdoor Wi-Fi solutions differ from their indoor counterparts, facing challenges such as longer distances, interference from external factors, and varying weather conditions. Users need robust, weather-resistant hardware with long-range connectivity and high-speed internet. Indoor Wi-Fi solutions prioritize high speed, comprehensive coverage, and aesthetics. On the other hand, outdoor Wi-Fi calls for durability and wide-ranging connectivity due to challenging environmental conditions.

Vertical: Evolving application of Wi-Fi in education for digital facilitation of learning resources

In education, Wi-Fi supports the digital adoption of tools that augment classroom teaching, facilitate remote learning, and enable quick access to educational resources. Governments worldwide leverage Wi-Fi for public services, digitalizing processes & improving communication within and between departments. Wi-Fi's instrumental role in healthcare includes supporting telemedicine, patient monitoring, and data management. Wi-Fi enhances guest experiences via high-speed internet access and smart room control in hospitality. In manufacturing, Wi-Fi facilitates real-time tracking, machine connectivity, and automation. Wi-Fi's role in retail and e-commerce extends to support smart payment options, efficient customer service, and target marketing. For transportation & logistics, Wi-Fi ensures real-time tracking, seamless communication, and fleet management.

Regional Insights

The Wi-Fi market is evolving in the Americas owing to the robust technological infrastructure and a thriving digital ecosystem and focus on enhancing customer experience and improving operational efficiency. Among EU countries, the Wi-Fi market is empowered by an advanced digital landscape and the implementation of smart cities. Nations such as Germany, France, and the UK are at the forefront of Wi-Fi technology, with investments in innovative solutions and new patents. The Middle East and Africa represent a rapidly expanding Wi-Fi market due to upsurge in digitization, and increased smartphone usage is fueling consumer demand for Wi-Fi. The Wi-Fi market in the Asia-Pacific region is growing due to increased technology adoption and internet penetration. Besides, emphasis on developing enhanced Wi-Fi and expanding the 5G network is anticipated to propel the use of Wi-Fi solutions by the end-users globally.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wi-Fi Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Wi-Fi Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Wi-Fi Market, highlighting leading vendors and their innovative profiles. These include Alcatel-Lucent Enterprise International, ALE International SAS, AT&T Inc., Bharti Airtel Limited, Broadcom Inc., Cambium Networks, Ltd., Casa Systems, Inc., Cisco Systems, Inc., Cloud4Wi, Inc., Comcast Business, D-Link Corporation, Extreme Networks, Inc, Fon Wireless Ltd., Fortinet, Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd., Juniper Networks Inc., LEVER Technology Group Ltd., Manhattan Telecommunications Corporation, Motorola Solutions Inc., NETGEAR Inc., New H3C Technologies Co. Ltd., Panasonic Corporation, Purple Wi-Fi Ltd., SDMC Technology Co., Ltd, Telefonaktiebolaget LM Ericsson, Telstra Group Limited, and Vodafone Idea Limited.

Market Segmentation & Coverage

This research report categorizes the Wi-Fi Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Hardware
  - Access Points
  - Wireless Hotspot Gateways
  - WLAN Controllers

Services
- Managed Services
- Professional Services

Solution

Density
- Enterprise-Class Wi-Fi
- High-Density Wi-Fi

Location Type
- Indoor
- Outdoor

Organization Size
- Large Enterprises
- Small & Medium-Sized Enterprises

Vertical
- Education
- Government
- Healthcare & Life Sciences
- Hospitality
- Manufacturing
- Retail & E-Commerce
- Transportation & Logistics

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Wi-Fi Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wi-Fi Market?

3. What are the technology trends and regulatory frameworks in the Wi-Fi Market?

4. What is the market share of the leading vendors in the Wi-Fi Market?

5. Which modes and strategic moves are suitable for entering the Wi-Fi Market?

Product Code: MRR-FD3F12D5392A

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for the Internet of Things and penetration of Internet-enabled gadgets
  - 5.1.1.2. Growing investments in smart city projects globally
  - 5.1.1.3. Increasing adoption of BYOD and CYOD trend among organizations
- 5.1.2. Restraints
  - 5.1.2.1. Issues related to latency and network densification
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements and demand for carrier and roaming Wi-Fi connections
  - 5.1.3.2. Extensive investments in expanding 5G infrastructure
- 5.1.4. Challenges
  - 5.1.4.1. Data privacy and security concerns
5.2. Market Segmentation Analysis
- 5.2.1. Component: Increasing utilization of hardware due to its constant technological advancements
- 5.2.2. Density: Wide adoption of high-density Wi-Fi as it prioritizes maintaining the quality of service despite the high traffic
- 5.2.3. Location Type: Burgeoning utilization of Wi-Fi for outdoors
- 5.2.4. Vertical: Evolving application of Wi-Fi in education for digital facilitation of learning resources
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Wi-Fi Market, by Component

6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Solution

7. Wi-Fi Market, by Density

7.1. Introduction
7.2. Enterprise-Class Wi-Fi
7.3. High-Density Wi-Fi

8. Wi-Fi Market, by Location Type

8.1. Introduction
8.2. Indoor
8.3. Outdoor

9. Wi-Fi Market, by Organization Size

9.1. Introduction
9.2. Large Enterprises
9.3. Small & Medium-Sized Enterprises

10. Wi-Fi Market, by Vertical

10.1. Introduction
10.2. Education
10.3. Government
10.4. Healthcare & Life Sciences
10.5. Hospitality
10.6. Manufacturing
10.7. Retail & E-Commerce
10.8. Transportation & Logistics

11. Americas Wi-Fi Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Wi-Fi Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Wi-Fi Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. GigaDevice Launches Brand New Wi-Fi 6 MCU Series - GD32VW553
- 14.3.2. Sonim Embarks on New Horizon With The European Launch of Its First 'Connect' Wireless Internet Product
- 14.3.3. Verizon launches new tech to monitor activity on home WiFi
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio