Scope of the Study
Rapid rise in technology trend cloud, social media and mobility have changed the business dimension to its operation, where the connectivity is now a critical issue for running a competitive business. Here, Wi-Fi services play a vital role in enabling the guest to self-register for securely accessing hotspots and corporate WLAN. Managed Wi-Fi provides reliable, fast and secure Wi-Fi access to guests, students, customers and employees within the premises. This device actively manages and provide access to mobile devices. Rise in a number of Wi-Fi enabled devices and widespread network coverage has propelled the market for managed Wi-Fi solution.
The market study is being classified, by Application (IT and Telecommunications, BFSI, Retail, Government and Public Sector, Healthcare, Transportation, Logistics, and Hospitality, Manufacturing, Education and Others) and major geographies with country level break-up. According to AMA, the Global Managed Wi-Fi Solutions market is expected to see growth rate of 14.34% and may see market size of USD6.29 Billion by 2024.
Cisco Systems (United States), Verizon (United States), Ruckus Wireless (United States), Aruba (United States), Mojo Networks (United States), Fujitsu (Japan), Vodafone (United Kingdom), Purple (England) and Comcast Business (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Megapath (United States), Rogers Communication (Canada) and Wifi Spark (Devon).
The Players having a strong hold in the market are Cisco Systems (US), Fujitsu (Japan), Vodafone (UK), Verizon (US), Ruckus Wireless (US), Aruba (US), Mojo Networks (US). Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Managed Wi-Fi Solutions market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Managed Wi-Fi Solutions market by Type, Application and Region.
On the basis of geography, the market of Managed Wi-Fi Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Services, the sub-segment i.e. Networking Services will boost the Managed Wi-Fi Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Networking Services , the sub-segment i.e. Network Security will boost the Managed Wi-Fi Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solutions will boost the Managed Wi-Fi Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size , the sub-segment i.e. Large Enterprises will boost the Managed Wi-Fi Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Infrastructure Services , the sub-segment i.e. Survey and Analysis will boost the Managed Wi-Fi Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Adoption of BYOD and CYOD Among Enterprises
- Rising Deployment of Public Wi-Fi Across Physical Venues
- Rising Demand for High-Speed and Widespread Network Coverage
Market Trend
- New Emerging Industries From IOT
Restraints
- Lack of Standard for Interconnectivity and Interoperability
Opportunities
- Shift Toward Carrier Wi-Fi
- Increase in Demand for Cloud Management Wi-Fi Service
Challenges
- Interference From Nearby Wi-Fi APS and Environmental Factors
- Security and Privacy Concerns
Market Leaders and their expansionary development strategies
In June 2018, Cisco intend to acquire July system to boost enterprise Wi-Fi offerings. July System is a software provider which offers cloud based SaaS platform. It also operates in mobile app development studio.
The Federal communication commission regulates interstate and international communications. It aims to promote connectivity and ensure a robust and competitive market. In October 2018, FCC proposes new rule allowing devices to operate in 6 GHz band.
Key Target Audience
Managed Wi-Fi solution providers, Governments, Managed Service Providers (MSPs), Information Technology (IT) solution providers, Cloud solution providers, System integrators, Wireless service providers, Network solution providers, Telecom and communication service providers and Training and education service providers
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