The Wi-Fi as a Service Industry is predicted to touch USD 5 billion at a whopping 38% CAGR by 2022 states the recent Market Research Future (MRFR) analysis. Wi-Fi as a service or WaaS, simply put, is a cloud-based management system that helps organizations having limited IT resources to offer fast, reliable, and secure WLAN access across different locations. It has wide applications in healthcare, manufacturing, retail, and education sectors.
The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Wi-Fi as a Service Industry ’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Wi-Fi as a Service Industry to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Wi-Fi as a Service Industry is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.
In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.
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Leading players profiled in the global Wi-Fi as a service market report include Zebra Technologies Corporation (U.S.), IPASS Inc. (U.S), Ruckus Wireless (U.S.), Big Air Group Limited (Australia), Fujitsu Limited (Japan), Hewlett Packard Enterprise Company (U.S.), Singapore Telecommunications Limited (Singapore), Rogers Communication Inc. (U.S.), Telstra Corporation Limited (Australia), and Cisco Systems Inc. (U.S.).
The MRFR report provides an inclusive segmental analysis of the global Wi-Fi as a service market based on industry, organization size, location, service, and hardware.
By hardware, the global Wi-Fi as a service market is segmented into Wi-Fi as a service, antenna, Wireless LAN controller, wireless access point, and gateway.
By location, the global Wi-Fi as a service market is segmented into indoor and outdoor.
By service, the global Wi-Fi as a service market is segmented into cloud access point, network planning and design, and support and maintenance.
By organization size, the global Wi-Fi as a service market is segmented into small and medium scale business, large scale business, and others. Of these, the small and medium scale business segment will lead the market over the forecast period.
By industry, the global Wi-Fi as a service market is segmented into healthcare, manufacturing, retail, and education. Of these, the education segment will dominate the market over the forecast period.
Based on region, the global Wi-Fi as a service market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. Presence of healthy organization, favourable administrative strategies, presence of top industry players, the initial implementation of evolving and new technologies, and huge investments in cloud-based solutions are adding to the global Wi-Fi as a service market growth in the region.
The Wi-Fi as a service market in the APAC region is predicted to have healthy growth over the forecast period. Burgeoning demand for economic Wi-Fi services in SMEs is adding to the global Wi-Fi as a service market growth in the region.
The Wi-Fi as a service market in Europe is predicted to have notable growth over the forecast period, and in the RoW is predicted to have sound growth.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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