Wi-Fi as a Service (WaaS) Market, By Solution (Access Points and WLAN Controllers), By Service (Professional and Managed Services), By Location Type (Indoor and Outdoor), By End-Use Industry (Healthcare, IT and Telecommunications, Public Sector and Government, Education, Manufacturing, Banking, Financial Services And Insurance (BFSI), Hospitality and Travel, Logistics and Transportations, and Retail), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Wi-Fi As A Service (Waas) Market Accounted For US$ 3.45 Billion In 2020 And Is Estimated To Be 12.8 Billion By 2029 And Is Anticipated To Register A Cagr Of 15.7%.
 

Wi-Fi refers to wireless fidelity. It is a network which connect computers to the internet to each other and to the wired network. Wifi-as-a-service (WaaS) is a high speed Wi-Fi solution. It is fully managed using cloud based management systems for connectivity, as well as for the configuration of the Wi-Fi network.

Growth in demand for public Wi-Fi service

Public Wi-Fi hotspots have been launched at locations, like hotels, railway stations, metro stations, cafes, airports, markets, parks, educational institutions, and other public places. The Wi-Fi as a service (WaaS) market is driven by the growing penetration of smart devices across several countries. Rising internet penetration with the growing consumption of rich media content coupled with rising trend of social media are the major factors boosting the adoption of the Wi-Fi technology and swelling the global market share. Further, with the increasing adoption of BYOD services and enterprise mobility between end-users, the employees can work from home or any public places at any given point of time. Along with the increasing BYOD policies, the requirement for connectivity of devices has increased, and therefore, the public hotspot helps in getting connected at a lower rate.

Rising government initiatives

Governments of developing countries are undertaking initiatives regarding digitalization in order to augment the demand for outdoor Wi-Fi hotspots in the region. India Mobile Congress (IMC) stated in 2019, Indian telecom industry roll out one million Wi-Fi hotspots in the country, which is next step toward the digital empowerment of the country. Such initiative adopted by government helps consumers to access Wi-Fi Hotspots of any of the partnering operators. Further, this factor is project to drive the outdoor Wi-Fi market.

However, regulations on power limits and technical glitches, such as connection loss (many users converging on a single access point) are some of the factors limiting the target market growth over the forecasted period.

The global Wi-Fi as a service (WaaS) market is segmented based on solution, service, location type, end-user, and region.

On the basis of solution, the global Wi-Fi as a service (WaaS) market is segmented into access points and WLAN controllers. Based on service, the target market is segmented into professional and managed services. Based on location type, the target market is segmented into indoor and outdoor. Based on end-user, the target market is segmented into healthcare, it and telecommunications, public sector and government, education, manufacturing, banking, financial services and insurance (BFSI), hospitality and travel, logistics and transportations, and retail

Regional Insights:

On region the global Wi-Fi as a service (WaaS) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, North America contributes to the most prominent market for WaaS due to robust infrastructure and favorable governmental policies. However, Asia Pacific is projected for the most significant growth rate during the forecast period due to boom in enterprise networking, strong economic growth, development in enterprise IT infrastructure, mushrooming SMBs and increase in the number of cloud ready Asian countries, and large scale outsourcing of BPO/KPO operations to countries such as India, China, and Malaysia.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global Wi-Fi as a service (WaaS) market report based on solution, service, location type, end-user, and region.

Global Wi-Fi as a Service (WaaS) Market, By Solution:

• Access Points
• WLAN Controllers

Global Wi-Fi as a Service (WaaS) Market, By Service:

• Professional
• Managed Services

Global Wi-Fi as a Service (WaaS) Market, By Location Type:

• Indoor
• Outdoor

 Global Wi-Fi as a Service (WaaS) Market, By End-user:

• Healthcare
• IT and Telecommunications
• Public Sector and Government
• Education
• Manufacturing
• Banking, Financial Services and Insurance (BFSI)
• Hospitality and Travel
• Logistics and Transportations
• Retail

 Global Wi-Fi as a Service (WaaS) Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating the global Wi-Fi as a service (WaaS) market includes Cisco Systems Inc., Rogers Communications, Inc., Singapore Telecommunications Limited, BigAir Group Limited, Mojo Networks, Inc., Telstra Corporation Limited, ViaSat Inc., Aerohive Networks, Inc., ADTRAN, Inc., and Fujitsu Limited. Prominent players in the WaaS market are partnering strategically with domestic players to augment individual offerings into a multi-faceted solution in order to help increasing customer bases. For instance, in September 2018 - Huawei Technologies Co. Ltd partnered with the city of Duisburg, Germany. The aim of this partnership was to transform Germany’s industrial heartland into a smart city. Their collaboration is projected to focus on transforming Duisburg from a traditional industrial city into a service-oriented smart city through smart port logistics, smart government, smart infrastructure, smart education, smart homes, 5G and broadband, and urban IoT.

• Cisco Systems Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Rogers Communications, Inc.
• Singapore Telecommunications Limited
• BigAir Group Limited
• Mojo Networks, Inc.
• Telstra Corporation Limited
• ViaSat Inc.
• Aerohive Networks, Inc.
• ADTRAN, Inc.
• Fujitsu Limited

“*” marked represents similar segmentation in other categories in the respective section