WiFi as a Service Market Size Was Valued at USD 7.17 Billion in 2023, and is Projected to Reach USD 41.36 Billion by 2032, Growing at a CAGR of 21.50% From 2024-2032.
WiFi as a service (WaaS) is a cloud-based solution that allows businesses and organizations to access wireless network connectivity without the need for hardware, maintenance, or upfront investment in business. It also eliminates the capital costs associated with purchasing network equipment, while the provider takes care of hardware and infrastructure costs. Additionally, WaaS provides scalability and flexibility, allowing organizations to easily scale up or down their WiFi services based on their changing needs. Additionally, service providers often handle ongoing business tasks, such as monitoring network performance, troubleshooting problems, and implementing security measures, creating a burden for IT on the inner groups is removed.
Leading players involved in the Keyword Market include
Cisco(US), Huawei Technologies Co. (China), CommScope Inc. (US), Aruba – a Hewlett Packard Enterprise Company (US), Extreme Networks (US), Singtel (Singapore), Rogers Communication (Canada), ADTRAN (US), Tata Communications (India), Axians (France), Fortinet (US), Juniper Networks (US), Alcatel-Lucent Enterprise (France), Telstra (Australia), Viasat (US), iPass (US), Arista (US), Ubiquiti (US), 4ipnet (Taiwan), Allied Telesis (Japan), LANCOM Systems (Germany), D-Link (Taiwan), Ruijie Networks (China), Datto (US), Superloop (Australia), Cambium Networks (US), Redway Networks (Buckinghamshire), Cucumber Tony (UK), Tanaza (Milano), and Edgecore (Taiwan) and Other Major Players.
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The Report Will Include A Major Chapter
By Solution
- Access Points
- WLAN Controllers
By Service
- Professional Services
- Managed Services
- Segments Covered:
By Location Type
- Indoor
- Outdoor
By Organization Size
- Large Enterprises
- Small and Medium-Sized Enterprises
By Vertical
- Education
- Retail
- Travel and Hospitality
- Healthcare and Life Sciences
- Manufacturing
- Banking, Financial Services, and Insurance
- Service Providers
- Transportation and Logistics
- Government and Public Sector
- Other Vertical
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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WiFi as a Service Market Trends/Drivers:
Growing demand for cloud-based solutions
The rise of cloud computing has had a major impact on WiFi hosted as a service (WaaS). As enterprises move their operations to the cloud, the need for flexible and scalable WiFi solutions that can be easily deployed and accessed remotely increases WaaS fits this trend well by providing a depending on the cloud provided in WiFi management. By using cloud infrastructure, companies can eliminate the need for complex on-premises hardware and infrastructure. This not only simplifies network management but also enables wireless networks to be deployed quickly across multiple locations with limited IT resources. The flexibility and availability of cloud-based WiFi solutions make WaaS an attractive option for organizations looking to leverage the benefits of cloud computing through reliable and scalable wireless connectivity.
Key Industry Developments in the WiFi as a Service Market:
- In March 2023, Cambium Networks launched a Wi-Fi 6/6E Tri-Band outdoor solution with future-proof performance for national government and defense markets. The XE3-4TN outdoor Wi-Fi 6/6E access point (AP) provides customers with complete flexibility in supporting the unlicensed 2.4, 5, and 6 GHz Wi-Fi bands
- In January 2023, CommScope announced that it has entered into the Wi-Fi 7 retail market with the launch of the SURFboard® G54 DOCSIS 3.1 quad-band Wi-Fi 7 cable modem. This flagship SURFboard G54 comes with significant enhancements in performance with the latest Wi-Fi 7 technology for its customers and service providers
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Professional service tools dominate the market
The report provides a detailed segmentation and analysis of the market based on component. This includes administrative tasks and projects. According to the report, activists represented the largest segment.
The overlapping part of the employee role appears to be very large. Business services include a wide range of expertise and support provided by service providers to a business that is implementing a WaaS solution. These services include consulting, network design, installation, configuration, maintenance, and ongoing technical support. Service providers fill the gap by providing expert knowledge and experience in WiFi solutions tailored to the specific requirements of the business. This includes conducting site surveys, analyzing network requirements, and identifying optimal deployment locations. In addition, setting up and configuring WiFi networks can be complex, requiring technical expertise and domain expertise. Professionals play a key role in ensuring smooth and efficient implementation through tasks such as accessibility, connectivity design, security configuration, and integration with existing IT systems.
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