Wi-Fi as a Service Market worth $10.1 billion by 2026 – Report by MarketsandMarkets™ (2024)

According to a research report "Wi-Fi as a Service Market by Solution (Access Points and WLAN Controllers), Service (Professional and Managed Services), Location Type (Indoor and Outdoor), Organization Size, End users and Region - Global Forecast to 2026" published by MarketsandMarkets, the global WaaS market is expected worth USD 10.1 billion by 2026, growing at Compound Annual Growth Rate (CAGR) of 20.1% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. The presence of various key players in the ecosystem has led to competitive and diverse market. The rapid advancements in technologies, Digital transformation initiatives in businesses, Ease of Wi-Fi infrastructure management, Increasing adoption of BYOD and CYOD trend among organizations are expected to drive the Wi-Fi as a Service market worldwide. Most customers are transforming their CAPEX- and OPEX -based business model to the subscription-based consumption model to avoid cost of ownership, thereby leading to the growth of the WaaS market.

Browse255 market data Tables and40 Figures spread through273 Pages and in-depth TOC on "Wi-Fi as a Service Market by Solution (Access Points and WLAN Controllers), Service (Professional and Managed Services), Location Type (Indoor and Outdoor), Organization Size, End users and Region - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/wi-fi-as-a-service-market-143023614.html

The WLAN controller segment to record the highest market share during the forecast period

In the Wi-Fi as a Service Market by Solutions, WLAN Controller segment is expected to hold the larger market size in 2026. WLAN controllers network security and next-generation hotspots for Small Office/Home Office (SOHO). These controllers offer different deployment options based on the requirements of clients, along with reducing operational costs. The rising number of Wi-Fi deployments, especially in the retail and travel and hospitality verticals, would drive the growth of the WLAN controller segment of the WaaS market.

The Managed Service segment to record the highest market share during the forecast period

In the Wi-Fi as a Service Market by Service, Managed Service segment is expected to hold the larger market size in 2026. The growing demand for cloud-based managed services and increasing requirement for improved connectivity among enterprises is leading to the growth of the WaaS market globally.

Managed services offer services to monitor and manage hardware devices and manage networks availability and performance. They also ensure smooth operations and security of networks, thereby increasing the adoption of managed services

Small and Medium Enterprises are expected to hold a larger market share during the forecast period

By Organisation size, Small and Medium Enterprises are expected to hold the largest market size. Maximum productivity and reduced operational costs are the crucial factors to accelerate the adoption of WaaS for Small and Medium Enterprises as they have limited budgets. Demand for WaaS from Small and Medium enterprises operating in retail, education, travel and hospitality, and healthcare and life sciences verticals is increasing globally. Wi-Fi services has enabled SMEs to access fast, reliable, and secure networking performance without the requirement for the installation or management of cable-based connectivity in their premises, which leads to the growth of the market.

Service Providers segment expected to have a higher growth rate during the forecast period

By End Users, Service Providers segment is expected to lead the market during the forecast period. The increasing demand for bandwidth from consumers and growth of internet consumption is expected to drive the growth of the WaaS model among ISPs. Telecos are adopting wireless infrastructure to boost connectivity and enable customers to connect with their network seamlessly. The telecom operators are the major revenue share contributors in the WaaS market. They have an existing enterprise customer base and have decades of experience managing network infrastructure. Followed by the telecom operators, ISPs hold a significant market share in the WaaS market.

Asia Pacific to hold the largest market size duringthe forecast period

Asia Pacific is expected to hold the largest market size in the global Wi-Fi as a Service market during the forecast period. Asia Pacific has witnessed significant growth in the adoption of Wi-Fi services, and it leads the market in terms of market share. High investments in developing new technologies, such as Wi-Fi and the cloud, lower density of base stations in developing countries compared to developed countries, and increasing digitalization in this region would drive the growth of Wi-Fi as a Service market.

The key and emerging market players in the Wi-Fi as a Service Market includes Cisco (US), Huawei Technologies Co. (China), CommScope Inc. (US), Aruba – a Hewlett Packard Enterprise Company (US), Extreme Networks (US), Singtel (Singapore), Rogers Communication (Canada), ADTRAN (US), Tata Communications (India), Axians (France), Fortinet (US), Juniper Networks (US), Alcatel-Lucent Enterprise (France), Telstra (Australia), Viasat (US), iPass (US), Arista (US), Ubiquiti (US), 4ipnet (Taiwan), Allied Telesis (Japan), LANCOM Systems (Germany), D-Link (Taiwan), Ruijie Networks (China), Datto (US), Superloop (Australia), Cambium Networks (US), Redway Networks (Buckinghamshire), Cucumber Tony (UK), Tanaza (Milano), and Edgecore (Taiwan). These players have adopted several organic and inorganic growth strategies, including new product launches, partnerships and collaborations, and acquisitions, to expand their offerings and market shares in the Wi-Fi as a Service market.

Don’t miss out on business opportunities in Wi-Fi as a Service Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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Wi-Fi as a Service Market worth $10.1 billion by 2026 – Report by MarketsandMarkets™ (2024)

FAQs

How big is the Wi-Fi as a service market? ›

Wi-Fi as a Service Market Insights

Global Wi-Fi as a Service Market size was valued at USD 5.9 Billion in 2022 and is expected to grow from USD 7.17 Billion in 2023 to reach USD 34.04 Billion by 2031, at a CAGR of 21.50% during the forecast period (2024-2031).

How much is the Wi-Fi industry worth? ›

Market Overview:

The global Wi-Fi market size reached US$ 31.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 89.8 Billion by 2032, exhibiting a growth rate (CAGR) of 12% during 2024-2032.

What is the Wi-Fi market forecast? ›

The Wi-Fi market is likely to be valued at around US$ 14.08 billion in 2023. With a projected CAGR of 20.2% for the next ten years, the market is predicted to reach a valuation of nearly US$ 88.90 billion by the end of 2033.

What is the market size of WiFi 6? ›

The global Wi-Fi 6 market was valued at USD 10.9 billion in 2022 and is expected to reach USD 64.1 billion by 2032, growing at a CAGR of 19.6% from 2023 to 2032, owing to rising demand for high-bandwidth, low-latency internet connections in a crowded environment and industry adoption of the Internet of Things (IoT).

How big is the network as a service market? ›

Network as a Service Market - Size, Growth, Report & Analysis. [296 Pages Report] The global Network as a Service Market size was valued $13.2 billion in 2022. The revenue forecast for 2027 is set for the valuation of $46.6 billion. It is projected to grow at a CAGR of 28.7% during the forecast period (2022-2027).

How big is the WiFi 7 market? ›

The Wi-fi 7 Market size is estimated at USD 1.28 billion in 2024, and is expected to reach USD 8.94 billion by 2029, growing at a CAGR of 47.32% during the forecast period (2024-2029). Wi-Fi 7 is known as the IEEE standard 802.11be. It works with several different radio frequencies, including 2.4GHz, 5GHz, and 6GHz.

What is the economic value of Wi-Fi? ›

Global value of Wi-Fi in 2021-2025, by region

The most recent evaluation in 2021 showed a global value of 3.3 trillion U.S. dollars. The United States claimed the top spot with a value of just under one trillion U.S. dollars.

How does Wi-Fi money make money? ›

In short, you're partnering with a brand and driving traffic to their site. When they purchase, you get a cut of the revenue. Affiliate marketing is a great start into WiFi Money as it takes less than $20 a month to start.

How much is Wi-Fi sold in USA? ›

How much does internet cost per month? The median price for internet access is about $75 per month. That's according to an December 2023 analysis from Consumer Reports, which found that about two-thirds of US households pay between $50 and $100 per month for internet service.

Will WiFi be replaced by Li Fi in the future? ›

In 2024, the market for LiFi-based products is estimated to be worth USD 1.72 billion with a CAGR of around 63% for the forecast period of 2024-2029. LiFi is projected to become an alternative to WiFi, replacing traditional internet networks and offering high-speed internet access for industries and households.

What is the future of Wi-Fi? ›

Enhanced Efficiency: The new generation of Wi-Fi improves spectral efficiency, allowing it to transmit more data within the same frequency band. This efficiency is vital in addressing the crowded spectrum challenges, especially in environments with a high concentration of connected devices.

Why is the WiFi dropping? ›

Common Causes Why Your Wi-Fi Connection Keeps Dropping

Router issues, such as outdated firmware or misconfiguration, can lead to unstable connectivity. On the other hand, device-related problems like outdated drivers or software can also result in intermittent Wi-Fi drops.

Is Wi-Fi 6 the future? ›

Your future, more connected than ever

These are just some of the reasons why we're convinced that Wi-Fi 6 will be the future of IoT device connectivity. By improving both energy efficiency and data throughput, it will be imperative to the industry – and a key technology to watch in 2020.

How far can Wi-Fi 6 reach? ›

Range: Both WiFi 5 and WiFi 6 can cover a certain distance from the router before the signal weakens. However, WiFi 6 can offer a slightly better range due to its improved handling of interference and congestion. The max capacity of WiFi 5 is 20-25 meters, while WiFi 6 is 45 meters.

Will Wi-Fi 6 be faster? ›

Wi-Fi 6 offers faster speed than Wi-Fi 5, both for a single device and much more when multiple devices are connected to one router. It has better safety protocols for safe internet surfing. Backward compatibility with Wi-Fi 5 and Wi-Fi 4 devices, among other standards.

What is the market size of Internet service? ›

REPORT COVERAGEDETAILS
Market Size Value InUS$ 498620 Million in 2022
Market Size Value ByUS$ 733793.17 Million by 2031
Growth RateCAGR of 4.4% from 2022 to 2031
Forecast Period2024-2031
7 more rows

How big is the wireless network market? ›

The global wireless infrastructure market size was estimated at USD 160.04 billion in 2022 and it is expected to hit around USD 386.94 billion by 2032, expanding at a CAGR of 9.23% during the forecast period 2023 to 2032.

How big is the as a service market? ›

KEY MARKET INSIGHTS

The Everything as a Service Market size was valued at USD 559.14 billion in 2022 and is projected to grow from USD 699.79 billion in 2023 to USD 3,221.96 billion by 2030, exhibiting a CAGR of 24.4%.

How big is the wireless industry? ›

The market size, measured by revenue, of the Wireless Telecommunications Carriers industry was $313.0bn in 2023. What was the growth rate of the Wireless Telecommunications Carriers industry in the US in 2023? The market size of the Wireless Telecommunications Carriers industry declined -4% in 2023.

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