Global Wi-Fi Analytics Market Report to be Driven by Rising Number of Smartphone Users in the Forecast Period of 2021-2026.
The new report by Expert Market Research titled, ‘Global Wi-Fi Analytics Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 ’, gives an in-depth analysis of the Global Wi-Fi Analytics Market, assessing the market based on its segments like component, deployment, application, end-users, and region. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020):USD 5.5 Billion
Forecast CAGR (2021-2026):25%
Forecast Market Size (2026):USD 21.0 Billion
The market is majorly driving by an increase in mobile users and the increased rollout of smart cities, which will result in an increase in public wi-fi hotspots, will propel the industry forward. The increasing use of smart devices, the need for customer awareness, and the refinement of marketing strategies to maximise profits are the main drivers of the wi-fi analytics industry. However, the global lack of consistent regulatory enforcement is expected to stymie the growth of the wi-fi analytics industry.
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Industry Definition and Major Segments
Wi-fi analytics is the use of wi-fi network data on devices such as smartphones and laptop computers. It contains comprehensive data on user behavior in the wi-fi network's coverage area as well as wi-fi network operation.
Based on component, the wi-fi analytics market is divided into:
Solutions
Services
On the basis of deployment, the industry is segmented into:
Cloud
On-Premises
Based on application, the industry is divided into:
Marketing and Advertising
Customer Engagement and Experience Management
Customer Behaviour and Security Management
On the basis of end-users, the industry is segregated into:
Transport
Retail
Sports and Entertainment
Hospitality
Others
On the basis of region, the market is segmented into:
North America
Europe
Asia
Latin America
Middle East and Africa
Market Trends
During the forecast period, cloud deployment is projected to expand at a faster pace. Cloud-based wi-fi analytical systems have several benefits for small and medium-sized businesses, including fast deployment, lower installation and running costs, lower maintenance costs, 24X7 data accessibility, scalability, security, and ease of use. On-demand solutions are normally available via the internet and can be accessed from anywhere and at any time. These solutions are usually subscription-based and easily adaptable.
Key Market Players
The major players in the market are Cisco Systems, Inc., Skyfii Ltd., Cloud4Wi Inc., Fortinet, Inc., Purple wi-fi Ltd, Hughes Network Systems LLC., Aruba Networks, Inc., Yelp Inc., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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