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The global WiFi as a service market reached a value of US$ 4.05 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.10 Billion by 2027, exhibiting at a CAGR of 17.5% 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. These insights are included in the report as a major market contributor.
WiFi as a Service (WaaS) is a subscription-based system that combines infrastructure, software, and managed services. It is easy, time-efficient, requires no cable installation, and provides 24/7 remote monitoring and troubleshooting of configuration issues. It offers reliable network access for back-office and customer use while delivering a platform for building an intelligent multichannel customer experience. As a result, it is deployed in organizations with limited information technology (IT) resources for secure wireless local area network (WLAN) access across various locations. It also enables users to attain a fast data network as it can be managed via a network operating center (NOC).
The digital transformation of business operations represents one of the key factors driving the need for WaaS for supporting mobile communications, boosting productivity, and streamlining collaboration. Moreover, it is gaining traction in the banking, financial services, and insurance (BFSI) sector to enable always-on security protection, reduce latency, and allow organizations to gain a competitive advantage. Apart from this, it is being widely adopted by small and medium-sized enterprises (SMEs) to gather analytics about customer interactions and take actions in real-time. Furthermore, the emerging trend of WiFi marketing, which is an innovative way for brick-and-mortar businesses to build customer loyalty, run targeted digital ads, send emails and messages, and automate customer communications, is driving the market. Besides this, WaaS is employed in the healthcare industry to enable healthcare professionals to monitor patients remotely and provide timely health information, reminders, and support. This, in confluence with the growing prevalence of chronic diseases and easy access to medical facilities, is catalyzing the demand for WaaS to help improve patients' quality of life.
IMARC Group provides an analysis of the key trends in each sub-segment of the global WiFi as a service market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, location type, enterprise size and end use industry.
Breakup by Component:
Breakup by Location Type:
Breakup by Enterprise Size:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arista Networks Inc., Cisco Systems Inc., CommScope Inc., Extreme Networks, Fortinet Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Juniper Networks Inc., Riverbed Technology Inc., Rogers Communications Inc., Singtel, Telstra Corporation Limited and Viasat Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Component, Location Type, Enterprise Size, End Use Industry, 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||Arista Networks Inc., Cisco Systems Inc., CommScope Inc., Extreme Networks, Fortinet Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Juniper Networks Inc., Riverbed Technology Inc., Rogers Communications Inc., Singtel, Telstra Corporation Limited and Viasat 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)|
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