Global Wi-Fi Market Predicted to Reach $93 Billion in 2018
The report "Global Wi-Fi Market [IndoorWi-Fi; OutdoorWi-Fi; Transportation Wi-Fi]: Global Advancements, Business Models, Market Forecasts and Analysis (2013 - 2018)", defines and segments the global Wi-Fi market. It identifies various business models for this market and analyses the trends, opportunities, and challenges. It also provides the analysis and forecasts of revenue for each of the segment in the market.
This Global Wi-Fi Market is forecasted by closely watching the Market Trends and analyzing Market Drivers and Restraints and their potential effect on the market. The global Market revenue is forecasted to reach $93.23 billion in 2018 from $40.13 billion in 2013, at an estimated CAGR of 15.08% during this period.
Wi-Fi technology has been in the market for quite a long time. The technology has evolved from various architectures across various standards in 802.11 and is now operated in 5GHz and 60GHz bands enabling multiple user configurations. This has created newer business models that have evolved at every stage of this transition, opening up significant market globally.
The applications in Hot Spots, Machine to Machine (M2M), Carrier Wi-Fi, Outdoor Wi-Fi, Wi-Fi on the Go and In-Flight Wi-Fi are some of the most lucrative markets for Wi-Fi. The rising popularity and adoption of smart phones, tablets, and Wi-Fi enabled consumer electronics drives the high demand for uninterrupted connectivity of data and information among the users of Wi-Fi enabled devices.
MarketsandMarkets has segmented the Global Wi-Fi Market by Business Models, Products, Services, Industry Verticals and Geographies. The Business Models comprises of Indoor Wi-Fi, Outdoor Wi-Fi and Transportation Wi-Fi. They are further classified into nine segments based on the Implementation Models.
Based on Products the Wi-Fi Market is segmented into the following Four Categories:
Each of these Sub-Segments is further Bifurcated by Geographies. The Geographies covered are:
This Global Wi-Fi Market is forecasted by closely watching the Market Trends and analyzing Market Drivers and Restraints and their potential effect on the market. The global Market revenue is forecasted to reach $93.23 billion in 2018 from $40.13 billion in 2013, at an estimated CAGR of 15.08% during this period.
Wi-Fi technology has been in the market for quite a long time. The technology has evolved from various architectures across various standards in 802.11 and is now operated in 5GHz and 60GHz bands enabling multiple user configurations. This has created newer business models that have evolved at every stage of this transition, opening up significant market globally.
The applications in Hot Spots, Machine to Machine (M2M), Carrier Wi-Fi, Outdoor Wi-Fi, Wi-Fi on the Go and In-Flight Wi-Fi are some of the most lucrative markets for Wi-Fi. The rising popularity and adoption of smart phones, tablets, and Wi-Fi enabled consumer electronics drives the high demand for uninterrupted connectivity of data and information among the users of Wi-Fi enabled devices.
MarketsandMarkets has segmented the Global Wi-Fi Market by Business Models, Products, Services, Industry Verticals and Geographies. The Business Models comprises of Indoor Wi-Fi, Outdoor Wi-Fi and Transportation Wi-Fi. They are further classified into nine segments based on the Implementation Models.
Based on Products the Wi-Fi Market is segmented into the following Four Categories:
- Access Points
- Controllers
- Wireless Hotspot Gateways
- Others (Repeaters, Relays)
- Network Planning and Design
- Installation
- Support and Survey
- Analysis
Each of these Sub-Segments is further Bifurcated by Geographies. The Geographies covered are:
- North America (NA)
- Europe
- Asia-Pacific (APAC)
- Middle East & Africa (MEA)
- Latin America (LA).