Wi-Fi as a Service Market Scope
Wi-Fi as a service (WaaS) is a cloud-based management system which allows electronic devices to connected within a specified range and also provide organizations a secure, reliable and fast WLAN access. The deployment of WaaS is simple and time-efficient it does not require installation of cable, it is managed via network operating center (NOC) which indeed helps smaller business organizations to attain fast and reliable data network. The gadgets and devices such as personal computers, smartphones, tablets, and digital cameras are compatible to connect with the internet via the wireless access point and WLAN network. Increased demand for high-speed and widespread network coverage globally is driving the market for WaaS.
The global market of Wi-Fi as a Service is highly fragmented with key players. With the rising product innovation as well as technological developments by key players is making the market full of competition and hence enhancing the market demand. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Wi-Fi as a Service market throughout the predicted period.
Cisco Systems (United States), Huawei Technologies Co. (China), ARRIS International (United States), Aerohive Networks (United States), Singtel (Singapore), Rogers Communications (Canada), Telstra Corporation (Australia), Viasat (United States), ADTRAN (United States) and Aruba (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Extreme Networks (United States), Fujitsu (Japan), Superloop (Australia), Arista Networks (United States), Ubiquiti Networks (United States), Fortinet (United States), Riverbed Technology (United States) and LANCOM Systems (Germany).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Wi-Fi as a Service market by Type (Professional Services (Advisory and Implementation, Support and Maintenance Training) and Managed Services), by Application (IT and Telecom, Locations, Banking, Financial Services, and Insurance (BFSI) and Others) and Region with country level break-up.
On the basis of geography, the market of Wi-Fi as a Service 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).
Market Leaders and their expansionary development strategies
In November 2018, Cisco Meraki, a cloud-managed IT company and a subsidiary of Cisco Systems, entered into a partnership with Tech Data, a US-based multinational distribution company which is specialized in IT products and services. The main focus of this partnership is that Tech Data is expected to be a European distributor of Cisco Meraki. They also expected to allocate Cisco Meraki Go Wi-Fi products across the European region. The partnership between the company objects at enabling Cisco Meraki to improve its position as a leader offering Wi-Fi services for small and medium businesses.
In February 2019, Ruckus Networks, a part of ARRIS, launched a new ICX 7850 switch which gives an edge-to-core solution for the next decade of enterprise networking. This switch helps in simplifying multi-gigabit network upgrades and also reduces the total cost of ownership for enterprises through its ability to scale quickly and linearly to address the current and future network requirements.
- Adoption Of Bring Your Own Device (BYOD) and Increased Influx of Mobile Devices at Workplaces
- Increased Demand for High-Speed and Widespread Network Coverage
- Persistent Increase in a Number of Connected Devices Demands Wireless Network be Available 24/7
- Development of Smart Cities Globally
- The Emergence of 802.11ax Standard in both Develop And Developed Countries
- Growing Demand for Wi-Fi as a Service in Small and Medium and Distributed Enterprises
- Issues Related to Cloud Connectivity Failure
- Lack of Data Security
- Lack of Skilled Personnel for WI-FI
- Issue Related with Privacy Concerns
Key Target AudienceWi-Fi as a Service Providers, Potential Investors, End-Users and Others