DUBLIN--(BUSINESS WIRE)--The "Wi-Fi AS A Service Market Size, Share & Trends Analysis Report by Component (Infrastructure, Software, Services), by Location Type (Indoor, Outdoor), by Organization Size (Large, SMEs), by Vertical, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global wi-fi as a service market size is anticipated to reach USD 24.36 billion by 2030, registering a CAGR of 21.4% over the forecast period, according to this report. Technological innovations and users' inclination toward cloud-managed Wi-Fi services are driving the growth. The rising deployment of public Wi-Fi in several verticals such as BFSI, healthcare, retail, manufacturing, and transportation & logistics is positively contributing to the growth of the industry. End-user organizations are adopting Wi-Fi as a Service (WaaS) as it has a short life cycle and offers a cost-efficient solution, which allows the scope of configuration for future updates.
Wi-Fi as a service is a subscription-centered, cloud-based management system that provides end-to-end Wi-Fi solutions, automatic system upgrades, access points, and a cloud-native management/control plane. WaaS comprises infrastructure, software, and professional as well as managed services. With WaaS, users can benefit from real-time network monitoring and a combination of historical and real-time data on Wi-Fi network usage.
Wi-Fi as a service is ideal for smaller businesses, office relocations, and temporary locations, as it can be controlled through a network operating center delivering a fast and reliable data network. WaaS allows businesses and organizations with IT resource to provide reliable, secure, and fast wireless local area network (WLAN) access across several locations.
The rising deployment of Wi-Fi as a service is attributed to low-cost services, greater scalability, resolute technological advancements, and increasing use cases in several sectors. Additionally, growing demand for widespread and high-speed network coverage and increasing adoption of air-gapped services are some of the factors fueling the growth of the market.
WaaS provides service users with security measures about bring your own device (BYOD) technology. BYOD technology grants limited network access to a non-network device, enabling the vendor to help the user compartmentalize network access parameters, assist the user in revoking devices, and remotely wipe data from selected devices. The growing adoption of BYOD policy in many organizations is expected to contribute positively to the growth of the market.
The players operating in the WaaS industry are adopting numerous key strategies such as product launches, partnerships and collaborations, and mergers and acquisitions to obtain a significant share in the market. For instance, Cisco Inc. announced the introduction of new technologies such as catalyst 9000X series switches, private 5G as a managed service, and high-end Wi-Fi 6E access points. These new solutions aim to help organizations and businesses digitize operations and scale networks to redefine campus experience to support hybrid work.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Market Variables, Trends, & Scope Outlook
Chapter 4. Wi-Fi as a Service Market Component Outlook
Chapter 5. Wi-Fi as a Service Market Location Type Outlook
Chapter 6. Wi-Fi as a Service Market Organization Size Outlook
Chapter 7. Wi-Fi as a Service Market Vertical Outlook
Chapter 8. Wi-Fi as a Service Market: Regional Estimates & Trend Analysis
Chapter 9. Competitive Analysis
Chapter 10. Competitive Landscape
Companies Mentioned
- Cisco Systems
- Huawei Technologies Co. Ltd
- Commscope
- Aruba
- Singtel
- Rogers Communications
- Juniper Networks Inc
- Dell Technologies
- TP-Link
- Extreme Networks
- Fortinet
- Arista Networks
- D-Link Corporations
- Cambium Networks
- Superloop
For more information about this report visit https://www.researchandmarkets.com/r/m7a2zd
