The increase in adoption of mobility services by enterprises and rapid deployment of Wi-Fi in public venues is propelling the growth of the market.
The global Managed Wi-Fi Market is forecast to reach USD 14.96 Billion by 2028, according to a new report by Reports and Data. The managed Wi-Fi solution market is gaining traction due to the increasing demand in enterprise mobility services and an increase in the deployment of public Wi-Fi in several physical venues. Growth in the number of devices that require Wi-Fi is also creating a demand for the market. Demand for smart devices such as smartphones, laptops, tablets, digital cameras, and consoles are rising at a rapid rate leading to a pressing need for high-speed internet.
In the past decade, the scenario for WLAN has changed dramatically. Form managing few access points (AP) to providing hotspots for several employees in an office, the Wi-Fi is now expected to cover the whole enterprise, which may have hundred to thousand users. To manage the high scale demand for wireless connectivity, enterprises are hiring professionals to manage their Wireless LAN. Cloud-based Wi-Fi provides ample opportunity for the growth of the market. The service providers manage the entire WLAN ecosystem remotely ensuring a secure, stress-free Wi-Fi network.
Key participants include Cisco Systems, Vodafone, Aruba, Purple, Fujitsu, Mojo Networks, WiFi Sparks, Rogers Communication, Verizon, and Comcast Business, among others.
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Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented into the global managed WiFi market on the basis of components, networking services, infrastructure services, organization size, vertical, and region:
Components Outlook (Revenue, USD Billion; 2020-2028)
Networking Services Outlook (Revenue, USD Billion; 2020-2028)
Infrastructure Services Outlook (Revenue, USD Billion; 2020-2028)
Organization Size Outlook (Revenue, USD Billion; 2020-2028)
Vertical Outlook (Revenue, USD Billion; 2020-2028)
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Regional Outlook (Revenue, USD Billion; 2020-2028)
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