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(Wireless-NewsWire.Com, March 20, 2018 ) Global Wi-Fi as a Service Market Organization Size, and Region Market Size, Status and Forecast to 2025.
The global Wi-Fi as a service market was valued at USD 1.20 billion in 2016 and is projected to reach USD 21.50 billion by 2025, growing at a CAGR of 37.8% from 2017 to 2025.
Market Definition:
Wi-Fi as a Service is a high speed Wi-Fi solution that is fully managed using cloud based management systems. Wi-Fi as a Service allows businesses with limited IT resources to provide fast, secure, and reliable wireless LAN access across multiple locations without the need for experienced wireless engineers on staff.
The major vendors providing Wi-Fi as a Service are Cisco systems, Inc. (Cisco Meraki) (San Jose, California, U.S), Rogers Communications Inc. (Toronto, Canada), Ruckus Wireless, Inc., A BROCADE COMPANY (California, U.S.), Singapore Telecommunications Limited (Singtel) (Singapore), Telstra Corporation Limited (Melbourne, Australia), ViaSat Inc.(California U.S.), ADTRAN, INC. (Huntsville, Alabama, U.S.), Aerohive Networks, Inc. (California, U.S.), Aruba, a Hewlett Packard Enterprise Company (Sunnyvale, California, U.S.), BigAir Group Limited (Sydney, Australia), Fujitsu Limited (Tokyo, Japan), iPass Inc. (Silicon Valley, U.S.), Mojo Networks, Inc. (California, U.S.), and Zebra Technologies Corporation (Lincolnshire, Illinois, U.S.).
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Wi-Fi as a service (WaaS) is a fully cloud-based management system, which allows organizations with limited IT resources to provide secure, reliable, and fast WLAN access across various locations. Since the deployment of WaaS is easy and time-efficient as no installation of cable is required, it can be managed via network operating center (NOC), and consequently allows smaller business organizations to attain fast and reliable data network. WaaS is ideal for temporary locations, heritage buildings, and office relocations. Moreover, advanced analytic tools are provided with WaaS, which help in analyzing customers and staff behavior. WaaS is also equipped with automatic system upgrades and allow safe guest access.
Numerous factors are driving the global market for WaaS in the positive direction, including the increasing demand for centralized management, remote troubleshooting, reduced cost of ownership, and low capital expenditure. Also, factors such as strong emphasis on employee empowerment and the ensuing need to deliver digital mobility tools, globalization of businesses are further augmenting the demand. Increasing number of medium-sized organizations are adopting WaaS because of its end-to-end visibility, improved agility and efficiency, fast deployment, cost-effectiveness, and labor management. In addition to all of it, WaaS is also primed to revolutionize the transportation and logistics sector, particularly in mass transits.
Access More Details at http://www.kminsights.com/reports/global-wi-fi-as-a-service-market-by-service-type--cloud-access-point--wi-fi-as-a-service-analytics--network-planning-and-designing--support-and-management---verticals--transportation-and-logistics--banking---consumer-goods-and-retail--manufacturing--healthcare-and-life-sciences--travel-and-hospitality--telecommunication-and-it--government-and-public-sector---organization-size--and-region-market-size--status-and-forecast-to-2025.-169459
The global market for WaaS can be bifurcated on the basis of type of service, user location, enterprise size, end-use industry, and geography. By service, the global WaaS market can be segmented into network designing and planning, maintenance and support, cloud access point, and others. By user location, the market can be segmented into indoor or outdoor. By end-use industry, the market can be divided into banking, financial services, and insurance (BFSI), retail, education, public sector and government, healthcare, logistics and transportations, IT and telecommunications, manufacturing, and hospitality and travel.
Market Dynamics:
Market Drivers
1.1 Faster Deployment
1.2 Low cost of Ownership
1.3 Ease of Management and Remote Troubleshooting
Market Restraints
2.1 Cloud Connectivity Failure
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