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The global market for Wi-Fi as a service is being driven by the growth in the adoption of a digital ecosystem for smooth business operations. With the rising prevalence of consumer electronic devices, such as laptops and smartphones, the demand for a seamless data connection is augmenting the market growth of Wi-Fi as a Service.
In addition, owing to the increasing acceptance of BYOD culture across various organisations, Wi-Fi as a service is being robustly implemented, which enables employees to gain access to centralised documentation on their personal devices from anywhere. These factors are thus promoting the market growth of Wi-Fi as a service. Furthermore, the reduction in the cost of Wi-Fi ownership infrastructure and its remote troubleshooting is another factor contributing to the growth of the market. The cloud-based centralised management system enables network operators to remotely troubleshoot problems, thereby reducing costs and time, and hence invigorating the market growth.
Wi-Fi as a Service Market Size
Wi-Fi as a Service Market Growth
Wi-Fi as a Service Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global Wi-Fi as a service market attained a value of nearly USD 15.26 billion in 2023.
The market is projected to grow at a CAGR of 17.5% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 65.11 billion by 2032.
The market is being driven by the increasing demand for seamless internet connectivity in business organisations, along with the reduced cost ownership, and remote accessibility.
Rapid deployment of Wi-Fi as a service in outdoor places, including malls, public parks, and education centres, among others, along with the rising development of smart cities, is anticipated to have a positive influence over the growth of the market.
The major regional markets for Wi-Fi as a service are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The different components of Wi-Fi as a service are professional services and managed services.
The significant location types of Wi-Fi as a service include indoor and outdoor.
The major enterprise sizes of Wi-Fi as a service are large enterprises, and small and medium enterprises.
The major industry verticals of Wi-Fi as a service are telecom and IT, BFSI, education, healthcare, hospitality, transportation, and retail, among others.
The major players in the industry are Arista Networks Inc., Cisco Systems Inc., Extreme Networks Inc., Telstra Corporation Limited, and Viasat Inc., among others.
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