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Wi-Fi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global Wi-Fi market reached a value of US$ 24.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 54.53 Billion by 2027, exhibiting a growth rate (CAGR) of 13.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Wireless fidelity (Wi-Fi) refers to a wireless networking technology that is used for connecting multiple electronic devices, including laptops, desktops, smartphones, and wearables, with the internet. It operates by sending radio signals from the wireless router to nearby gadgets, which translates the signal into data. These waves are further decoded and transmitted back to the router that assists in connecting the internet by wire and cable. Wi-Fi offers greater flexibility, scalability, reliability, convenience, and mobility at cost-effective prices, due to which it is extensively used in various applications. At present, it is commercially available in high-density and enterprise-class Wi-Fi density types. 

 

 
 

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Wi-Fi Market Trends:

The widespread adoption of Wi-Fi across the information technology (IT), telecom, education, retail, healthcare, life sciences, manufacturing, and small and medium-sized enterprises (SMEs) on account of the increasing need for responsive, effective, and quality wireless network connectivity is primarily driving the market growth. the increasing deployment of Wi-Fi across organizations has also enabled businesses to streamline multiple operations and ensure rapid and responsive development, while keeping track of the network. This is acting as another major growth-inducing factor. In line with this, significant technological advancements, such as the introduction of wireless-enabled devices, including smartphones, tablets, television, and laptops, that helps in reducing network wiring cost and offers improved mobility is also supporting the market growth. Additionally, the consequent implementation of nationwide lockdown due to the sudden outbreak of coronavirus disease (COVID-19) pandemic have led to the employment of Internet of Things (IoT) and bring your own device (BYOD) corporate models, which, in turn, is facilitating the demand for Wi-Fi across the globe. Other factors, such as favorable initiatives undertaken by the government of several countries for promoting digitalization, higher penetration of internet connectivity, and increasing utilization of electronic gadgets for performing tasks, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global Wi-Fi market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, density, location type, organization size and industry vertical.

Breakup by Component:

 

 
 

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  • Hardware
  • Solutions
  • Services
     

Breakup by Density:

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

Breakup by Location Type:

  • Indoor
  • Outdoor
     

Breakup by Organization Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises
     

Breakup by Industry Vertical:

  • IT and Telecommunication
  • Education
  • BFSI
  • Healthcare
  • Logistics and Transportation
  • Retail
  • Government
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AT&T Inc., Broadcom Inc., Cisco Systems Inc., Extreme Networks, Fortinet Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., Juniper Networks Inc., Motorola Solutions Inc., Panasonic Corporation, Singapore Telecommunications Limited, Telefonaktiebolaget LM Ericsson, Telstra Corporation Limited and Ubiquiti Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Density, Location Type, Organization Size, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AT&T Inc., Broadcom Inc., Cisco Systems Inc., Extreme Networks, Fortinet Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., Juniper Networks Inc., Motorola Solutions Inc., Panasonic Corporation, Singapore Telecommunications Limited, Telefonaktiebolaget LM Ericsson, Telstra Corporation Limited and Ubiquiti Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Wi-Fi Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Solutions
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Services
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Density
    7.1    High-Density Wi-Fi
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Enterprise-Class Wi-Fi
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Location Type
    8.1    Indoor
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Outdoor
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Organization Size
    9.1    Large Enterprises
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Small and Medium-sized Enterprises
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Industry Vertical
    10.1    IT and Telecommunication
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Education
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    BFSI
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Healthcare
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Logistics and Transportation
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Retail
        10.6.1 Market Trends
        10.6.2 Market Forecast
    10.7    Government
        10.7.1 Market Trends
        10.7.2 Market Forecast
    10.8    Others
        10.8.1 Market Trends
        10.8.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    AT&T Inc.
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
           16.3.1.3 Financials
           16.3.1.4 SWOT Analysis
        16.3.2    Broadcom Inc.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    Cisco Systems Inc.
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
           16.3.3.3 Financials
           16.3.3.4 SWOT Analysis
        16.3.4    Extreme Networks
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    Fortinet Inc.
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
           16.3.5.3 Financials
           16.3.5.4 SWOT Analysis
        16.3.6    Fujitsu Limited
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
           16.3.6.4 SWOT Analysis
        16.3.7    Hewlett Packard Enterprise Company
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Huawei Technologies Co. Ltd.
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 SWOT Analysis
        16.3.9    Juniper Networks Inc.
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Motorola Solutions Inc.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Panasonic Corporation
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis
        16.3.12    Singapore Telecommunications Limited
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio
           16.3.12.3 Financials
           16.3.12.4 SWOT Analysis
        16.3.13    Telefonaktiebolaget LM Ericsson
           16.3.13.1 Company Overview
           16.3.13.2 Product Portfolio
           16.3.13.3 Financials
           16.3.13.4 SWOT Analysis
        16.3.14    Telstra Corporation Limited
           16.3.14.1 Company Overview
           16.3.14.2 Product Portfolio
           16.3.14.3 Financials
           16.3.14.4 SWOT Analysis
        16.3.15    Ubiquiti Inc.
           16.3.15.1 Company Overview
           16.3.15.2 Product Portfolio
           16.3.15.3 Financials

List of Figures

Figure 1: Global: Wi-Fi Market: Major Drivers and Challenges
Figure 2: Global: Wi-Fi Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Wi-Fi Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Wi-Fi Market: Breakup by Component (in %), 2021
Figure 5: Global: Wi-Fi Market: Breakup by Density (in %), 2021
Figure 6: Global: Wi-Fi Market: Breakup by Location Type (in %), 2021
Figure 7: Global: Wi-Fi Market: Breakup by Organization Size (in %), 2021
Figure 8: Global: Wi-Fi Market: Breakup by Industry Vertical (in %), 2021
Figure 9: Global: Wi-Fi Market: Breakup by Region (in %), 2021
Figure 10: Global: Wi-Fi (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Wi-Fi (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Wi-Fi (Solutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Wi-Fi (Solutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Wi-Fi (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Wi-Fi (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Wi-Fi (High-Density Wi-Fi) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Wi-Fi (High-Density Wi-Fi) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Wi-Fi (Enterprise-Class Wi-Fi) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Wi-Fi (Enterprise-Class Wi-Fi) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Wi-Fi (Indoor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Wi-Fi (Indoor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Wi-Fi (Outdoor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Wi-Fi (Outdoor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Wi-Fi (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Wi-Fi (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Wi-Fi (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Wi-Fi (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Wi-Fi (IT and Telecommunication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Wi-Fi (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Wi-Fi (Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Wi-Fi (Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Wi-Fi (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Wi-Fi (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Wi-Fi (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Wi-Fi (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Wi-Fi (Logistics and Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Wi-Fi (Logistics and Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Wi-Fi (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Wi-Fi (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Wi-Fi (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Wi-Fi (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Wi-Fi (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Wi-Fi (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: North America: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: North America: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: United States: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: United States: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Canada: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Canada: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Asia-Pacific: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Asia-Pacific: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: China: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: China: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Japan: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Japan: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: India: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: India: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: South Korea: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: South Korea: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Australia: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Australia: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Indonesia: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Indonesia: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Europe: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Europe: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Germany: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Germany: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: France: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: France: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: United Kingdom: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: United Kingdom: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Italy: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Italy: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Spain: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Spain: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Russia: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Russia: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Latin America: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Latin America: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Brazil: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Brazil: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Mexico: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Mexico: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Others: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Others: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Middle East and Africa: Wi-Fi Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Middle East and Africa: Wi-Fi Market: Breakup by Country (in %), 2021
Figure 92: Middle East and Africa: Wi-Fi Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Global: Wi-Fi Industry: SWOT Analysis
Figure 94: Global: Wi-Fi Industry: Value Chain Analysis
Figure 95: Global: Wi-Fi Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Wi-Fi Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Wi-Fi Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Wi-Fi Market Forecast: Breakup by Density (in Million US$), 2022-2027
Table 4: Global: Wi-Fi Market Forecast: Breakup by Location Type (in Million US$), 2022-2027
Table 5: Global: Wi-Fi Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 6: Global: Wi-Fi Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 7: Global: Wi-Fi Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Wi-Fi Market: Competitive Structure
Table 9: Global: Wi-Fi Market: Key Players


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Key Questions Answered in This Report

The global Wi-Fi market was valued at US$ 24.2 Billion in 2021.

We expect the global Wi-Fi market to exhibit a CAGR of 13.70% during 2022-2027.

The rising popularity of responsive, effective, and quality wireless network connectivity across numerous industries, such as telecom, education, retail, etc., is primarily driving the global Wi-Fi market.

The sudden outbreak of the COVID-19 pandemic has led to the escalating demand for Wi-Fi solutions in remote working model for uninterrupted workflow across several organizations. Additionally, the emerging popularity of portable Wi-Fi devices, owing to cost-effectiveness and convenient usage, is also augmenting the global market.

Based on the component, the global Wi-Fi market can be segmented into hardware, solutions, and services. Among these, hardware currently holds the majority of the total market share.

Based on the location type, the global Wi-Fi market has been divided into indoor and outdoor. Currently, indoor exhibits a clear dominance in the market.

Based on the industry vertical, the global Wi-Fi market can be categorized into IT and telecommunication, education, BFSI, healthcare, logistics and transportation, retail, government, and others. Among these, the IT and telecommunication industry currently accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global Wi-Fi market include AT&T Inc., Broadcom Inc., Cisco Systems Inc., Extreme Networks, Fortinet Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., Juniper Networks Inc., Motorola Solutions Inc., Panasonic Corporation, Singapore Telecommunications Limited, Telefonaktiebolaget LM Ericsson, Telstra Corporation Limited, and Ubiquiti Inc.

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