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Global Wi-Fi Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 9/22/2022
  • NO OF PAGES
  • 209
  • CATEGORY
  • Electronics & Communication

Market Overview:

The Global Wi-Fi Market size was valued at USD 12.56 billion in 2022, and is projected to reach USD 32.57 billion by 2032 at a CAGR of 20.5% from 2022 to 2032.

Wi-Fi, short for Wireless Fidelity, is a technology that allows electronic devices to connect to the internet or other devices without the need for wired connections. It uses radio waves to transmit data between devices that are equipped with Wi-Fi adapters, such as smartphones, laptops, tablets, and other devices. Wi-Fi has become an essential part of modern life, providing a convenient and efficient way to access the internet, stream media, and connect with others. One of the significant trends in the Wi-Fi market is the increasing adoption of Wi-Fi 6 and Wi-Fi 6E standards. Wi-Fi 6 is the latest generation of Wi-Fi technology, which offers faster speeds, lower latency, and more reliable connections compared to previous standards. Wi-Fi 6E extends the capabilities of Wi-Fi 6 by utilizing the 6 GHz band, which provides more bandwidth and less interference. The adoption of these standards is expected to drive the growth of the Wi-Fi market, as more devices are equipped with Wi-Fi 6 and Wi-Fi 6E technology. Another trend in the Wi-Fi market is the increasing use of Wi-Fi in IoT (Internet of Things) devices. IoT devices are interconnected devices that can communicate with each other and with other devices over the internet. Wi-Fi is an essential technology for IoT devices, as it provides a wireless connection that enables them to send and receive data. The increasing adoption of IoT devices, such as smart home devices, smart meters, and connected cars, is expected to drive the growth of the Wi-Fi market. The Wi-Fi market is also seeing increased investment in new technologies, such as Wi-Fi mesh networks, which use multiple access points to provide broader and more reliable coverage. Mesh networks can help to overcome the limitations of traditional Wi-Fi networks, such as dead zones and interference, and are becoming increasingly popular in homes and businesses.

Growing demand for wireless connectivity is propelling the market growth.

One of the driving factors of the Wi-Fi market is the increasing demand for wireless connectivity. With the proliferation of smart devices, such as smartphones, laptops, tablets, and smart home devices, consumers and businesses are increasingly relying on Wi-Fi to connect these devices to the internet and to each other. The COVID-19 pandemic has also accelerated the demand for Wi-Fi as more people are working from home, attending online classes, and streaming media. The shift towards remote work and online education has led to an increased reliance on Wi-Fi, as people need to stay connected to the internet for work and learning. Another factor driving the demand for Wi-Fi is the increasing adoption of IoT devices. IoT devices, such as smart home devices, wearables, and connected cars, require a wireless connection to communicate with other devices and with the internet. Wi-Fi provides a convenient and reliable way to connect these devices, making it an essential technology for the IoT ecosystem. The adoption of new technologies, such as Wi-Fi 6 and Wi-Fi mesh networks, is also driving the demand for Wi-Fi. Wi-Fi 6 offers faster speeds, lower latency, and more reliable connections, making it ideal for bandwidth-intensive applications such as video streaming, online gaming, and virtual reality. Wi-Fi mesh networks provide broader and more reliable coverage, making them an ideal solution for larger homes and businesses.

Segmentation:

By Component

·         Hardware

·         Software

·         Services

By Technology

·         Wi-Fi 5

·         Wi-Fi 6

·         Wi-Fi mesh networks

By Application

·         Video Streaming

·         Gaming

·         Teleconferencing

·         Smart Home Automation

By End-users

·         Consumers

·         Enterprises

·         Government Organizations

Geography:

The Wi-Fi market is a global market, and it is difficult to pinpoint a single region that dominates the market. However, North America and Europe are two regions that have a significant market share in the global Wi-Fi market. North America, particularly the United States, is a leading market for Wi-Fi technology. This is due to several factors such as a high level of technology adoption, a large number of tech-savvy consumers, and a robust telecommunications infrastructure. The region also has a significant number of businesses that rely on Wi-Fi technology for their operations. The Wi-Fi Alliance, which is the organization that sets Wi-Fi standards, is also headquartered in the United States. Europe is another region that has a significant market share in the Wi-Fi market. Countries such as the United Kingdom, Germany, and France have a high level of Wi-Fi adoption, and the region is home to several Wi-Fi technology providers such as Ericsson, Nokia, and Siemens. Additionally, the European Union has been instrumental in driving the adoption of Wi-Fi technology through initiatives such as the WiFi4EU program, which aims to provide free Wi-Fi access in public spaces.

Impact of COVID-19 on the global Wi-Fi Market:

The COVID-19 pandemic has had a significant impact on the Wi-Fi market. With the widespread adoption of remote work and online learning, the demand for Wi-Fi technology has increased significantly. Here are some of the ways in which the pandemic has impacted the Wi-Fi market: Increased demand for Wi-Fi products: With more people working and studying from home, the demand for Wi-Fi routers, access points, and extenders has increased significantly. The need for better coverage and faster speeds has also led to an increase in sales of Wi-Fi mesh networks. Growth in the smart home market: With more people spending time at home, there has been a significant increase in the adoption of smart home devices such as smart thermostats, security cameras, and smart speakers. These devices rely on Wi-Fi technology, and their adoption has driven the growth of the Wi-Fi market. Delayed infrastructure investments: The pandemic has led to delays in infrastructure investments as businesses and governments focus on dealing with the immediate effects of the pandemic. This could have a long-term impact on the Wi-Fi market as the deployment of new technologies such as Wi-Fi 6 may be delayed. Overall, the COVID-19 pandemic has accelerated the adoption of Wi-Fi technology and driven the growth of the Wi-Fi market. However, it has also presented challenges for businesses and governments in deploying new technologies and investing in infrastructure.

Impact of the Russia-Ukraine War on the global Wi-Fi Market:

The ongoing conflict between Russia and Ukraine has the potential to impact the Wi-Fi market in several ways. Here are some potential impacts of the conflict on the Wi-Fi market: Supply chain disruptions: The conflict could lead to disruptions in the supply chain for Wi-Fi components, such as routers, access points, and network equipment. If key suppliers or manufacturers are located in Russia or Ukraine, their operations could be impacted by the conflict, leading to delays or shortages in the supply of Wi-Fi products. Investment uncertainty: The conflict could lead to uncertainty in the investment environment for businesses operating in the Wi-Fi market. Companies may delay or scale back investments in the region, leading to a slowdown in the deployment of new Wi-Fi technologies. Government regulations: The conflict could lead to changes in government regulations that could impact the Wi-Fi market. Governments may introduce new regulations or restrictions on the import and export of Wi-Fi products, leading to disruptions in the market. Impact on consumer demand: The conflict could also impact consumer demand for Wi-Fi products. If the conflict leads to economic instability or uncertainty in the region, consumers may be less likely to invest in new Wi-Fi products, leading to a slowdown in the market.

Company Profiles:

·         Cisco Systems

·         Broadcom Inc.

·         Qualcomm Inc.

·         Huawei Technologies Co. Ltd.

·         Ericsson

·         Nokia Corporation

·         Ruckus Networks, a division of Arris International

·         Netgear Inc.

·         TP-Link Technologies Co. Ltd.

·         Extreme Networks

·         Aruba Networks

·         Aerohive Networks

·         Ubiquiti Inc.

·         Juniper Networks

·         Cambium Networks Ltd.


Global Wi-Fi Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Wi-Fi market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Global Wi-Fi Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Frequently Asked Questions
• What is the market size and growth projections?
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• What are the top performing segments, and countries / regions of each of the markets?
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• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Wi-Fi Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Wi-Fi
1.3 Wi-Fi Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Wi-Fi
1.4.2 Applications of Wi-Fi
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 Huawei Market Performance Analysis
3.1.1 Huawei Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Huawei Sales, Value, Price, Gross Margin 2016-2021
3.2 Riverbed Technology Market Performance Analysis
3.2.1 Riverbed Technology Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Riverbed Technology Sales, Value, Price, Gross Margin 2016-2021
3.3 Aerohive Networks Market Performance Analysis
3.3.1 Aerohive Networks Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Aerohive Networks Sales, Value, Price, Gross Margin 2016-2021
3.4 Aruba Market Performance Analysis
3.4.1 Aruba Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Aruba Sales, Value, Price, Gross Margin 2016-2021
3.5 Ericsson Market Performance Analysis
3.5.1 Ericsson Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Ericsson Sales, Value, Price, Gross Margin 2016-2021
3.6 Panasonic Market Performance Analysis
3.6.1 Panasonic Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Panasonic Sales, Value, Price, Gross Margin 2016-2021
3.7 Juniper Networks Market Performance Analysis
3.7.1 Juniper Networks Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Juniper Networks Sales, Value, Price, Gross Margin 2016-2021
3.8 Cisco Market Performance Analysis
3.8.1 Cisco Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Cisco Sales, Value, Price, Gross Margin 2016-2021
3.9 Netgear Market Performance Analysis
3.9.1 Netgear Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Netgear Sales, Value, Price, Gross Margin 2016-2021
3.10 Ruckus Wireless Market Performance Analysis
3.10.1 Ruckus Wireless Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Ruckus Wireless Sales, Value, Price, Gross Margin 2016-2021
3.11 Alcatel-Lucent Enterprise Market Performance Analysis
3.11.1 Alcatel-Lucent Enterprise Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Alcatel-Lucent Enterprise Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Wi-Fi Production and Value by Type
4.1.1 Global Wi-Fi Production by Type 2016-2021
4.1.2 Global Wi-Fi Market Value by Type 2016-2021
4.2 Global Wi-Fi Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 High-Density Wi-Fi Market Production, Value and Growth Rate
4.2.2 Enterprise-Class Wi-Fi Market Production, Value and Growth Rate
4.3 Global Wi-Fi Production and Value Forecast by Type
4.3.1 Global Wi-Fi Production Forecast by Type 2021-2026
4.3.2 Global Wi-Fi Market Value Forecast by Type 2021-2026
4.4 Global Wi-Fi Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 High-Density Wi-Fi Market Production, Value and Growth Rate Forecast
4.4.2 Enterprise-Class Wi-Fi Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Wi-Fi Consumption and Value by Application
5.1.1 Global Wi-Fi Consumption by Application 2016-2021
5.1.2 Global Wi-Fi Market Value by Application 2016-2021
5.2 Global Wi-Fi Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Education Market Consumption, Value and Growth Rate
5.2.2 Healthcare Market Consumption, Value and Growth Rate
5.2.3 Retail Market Consumption, Value and Growth Rate
5.2.4 Transportation Market Consumption, Value and Growth Rate
5.2.5 Government Market Consumption, Value and Growth Rate
5.2.6 Manufacturing Market Consumption, Value and Growth Rate
5.2.7 Hospitality Market Consumption, Value and Growth Rate
5.2.8 Sports and Leisure Market Consumption, Value and Growth Rate
5.2.9 Others Market Consumption, Value and Growth Rate
5.3 Global Wi-Fi Consumption and Value Forecast by Application
5.3.1 Global Wi-Fi Consumption Forecast by Application 2021-2026
5.3.2 Global Wi-Fi Market Value Forecast by Application 2021-2026
5.4 Global Wi-Fi Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Education Market Consumption, Value and Growth Rate Forecast
5.4.2 Healthcare Market Consumption, Value and Growth Rate Forecast
5.4.3 Retail Market Consumption, Value and Growth Rate Forecast
5.4.4 Transportation Market Consumption, Value and Growth Rate Forecast
5.4.5 Government Market Consumption, Value and Growth Rate Forecast
5.4.6 Manufacturing Market Consumption, Value and Growth Rate Forecast
5.4.7 Hospitality Market Consumption, Value and Growth Rate Forecast
5.4.8 Sports and Leisure Market Consumption, Value and Growth Rate Forecast
5.4.9 Others Market Consumption, Value and Growth Rate Forecast

6 Global Wi-Fi by Region, Historical Data and Market Forecasts
6.1 Global Wi-Fi Sales by Region 2016-2021
6.2 Global Wi-Fi Market Value by Region 2016-2021
6.3 Global Wi-Fi Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Wi-Fi Sales Forecast by Region 2021-2026
6.5 Global Wi-Fi Market Value Forecast by Region 2021-2026
6.6 Global Wi-Fi Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Wi-Fi Value and Market Growth 2016-2021
7.2 United State Wi-Fi Sales and Market Growth 2016-2021
7.3 United State Wi-Fi Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Wi-Fi Value and Market Growth 2016-2021
8.2 Canada Wi-Fi Sales and Market Growth 2016-2021
8.3 Canada Wi-Fi Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Wi-Fi Value and Market Growth 2016-2021
9.2 Germany Wi-Fi Sales and Market Growth 2016-2021
9.3 Germany Wi-Fi Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Wi-Fi Value and Market Growth 2016-2021
10.2 UK Wi-Fi Sales and Market Growth 2016-2021
10.3 UK Wi-Fi Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Wi-Fi Value and Market Growth 2016-2021
11.2 France Wi-Fi Sales and Market Growth 2016-2021
11.3 France Wi-Fi Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Wi-Fi Value and Market Growth 2016-2021
12.2 Italy Wi-Fi Sales and Market Growth 2016-2021
12.3 Italy Wi-Fi Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Wi-Fi Value and Market Growth 2016-2021
13.2 Spain Wi-Fi Sales and Market Growth 2016-2021
13.3 Spain Wi-Fi Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Wi-Fi Value and Market Growth 2016-2021
14.2 Russia Wi-Fi Sales and Market Growth 2016-2021
14.3 Russia Wi-Fi Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Wi-Fi Value and Market Growth 2016-2021
15.2 China Wi-Fi Sales and Market Growth 2016-2021
15.3 China Wi-Fi Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Wi-Fi Value and Market Growth 2016-2021
16.2 Japan Wi-Fi Sales and Market Growth 2016-2021
16.3 Japan Wi-Fi Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Wi-Fi Value and Market Growth 2016-2021
17.2 South Korea Wi-Fi Sales and Market Growth 2016-2021
17.3 South Korea Wi-Fi Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Wi-Fi Value and Market Growth 2016-2021
18.2 Australia Wi-Fi Sales and Market Growth 2016-2021
18.3 Australia Wi-Fi Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Wi-Fi Value and Market Growth 2016-2021
19.2 Thailand Wi-Fi Sales and Market Growth 2016-2021
19.3 Thailand Wi-Fi Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Wi-Fi Value and Market Growth 2016-2021
20.2 Brazil Wi-Fi Sales and Market Growth 2016-2021
20.3 Brazil Wi-Fi Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Wi-Fi Value and Market Growth 2016-2021
21.2 Argentina Wi-Fi Sales and Market Growth 2016-2021
21.3 Argentina Wi-Fi Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Wi-Fi Value and Market Growth 2016-2021
22.2 Chile Wi-Fi Sales and Market Growth 2016-2021
22.3 Chile Wi-Fi Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Wi-Fi Value and Market Growth 2016-2021
23.2 South Africa Wi-Fi Sales and Market Growth 2016-2021
23.3 South Africa Wi-Fi Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Wi-Fi Value and Market Growth 2016-2021
24.2 Egypt Wi-Fi Sales and Market Growth 2016-2021
24.3 Egypt Wi-Fi Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Wi-Fi Value and Market Growth 2016-2021
25.2 UAE Wi-Fi Sales and Market Growth 2016-2021
25.3 UAE Wi-Fi Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Wi-Fi Value and Market Growth 2016-2021
26.2 Saudi Arabia Wi-Fi Sales and Market Growth 2016-2021
26.3 Saudi Arabia Wi-Fi Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

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