What Is The Current and Historic Market Size Analysis Of The Managed Wi Fi Solutions Market?
The managed wi fi solutions market has seen considerable growth due to a variety of factors.
• In recent times, the managed wi-fi solutions market has experienced impressive growth. The market is expected to expand from $6.52 billion in 2024 to $7.53 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.5%.
Factors contributing to this growth during the historical period include the demand for network performance optimization, the rise in regulatory requirements for data protection and network security, the expansion of public wi-fi deployment, and the proliferation of digital transformation.
What Are The Predictions for The Managed Wi Fi Solutions Market in the Coming Years?
The managed wi fi solutions market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size for managed wi-fi solutions is forecasted to experience swift expansion, surging to $13.26 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 15.2%.
The market's growth in the predicted period is driven by higher demand for high-speed internet, an expansion in the number of interconnected gadgets, the spread of Internet of Things (IoT) devices, a rise in the use of cloud-based services, and a growth in mobile payment adoption. During the forecast period, the market will be shaped by key trends such as enhancements in wi-fi technology, incorporation with intelligent building systems, the deployment of 5G technology and its integration, adoption of sustainable technology solutions, and the amalgamation of AI and machine learning.
Which Drivers Are Accelerating Growth In The Managed Wi Fi Solutions Market?
The need for rapid internet access is a significant factor that is predicted to fuel the expansion of the managed Wi-Fi solutions market. Rapid internet access refers to web connectivity options that provide quicker upload and download rates compared to the conventional dial-up networks. The need for high-speed web connectivity is on the rise due to increased dependence on digital solutions, streaming, remote operations, and the development of intelligent technologies. High-speed internet access is improved by managed Wi-Fi solutions by offering enhanced network results, uninterrupted coverage, and efficient handling for regular and dependable access. For example, the Office of Communications (Ofcom), a UK-based governmental organization, reported in March 2023 that the UK's average home broadband connection speed was 65.3 Mbit/s, a rise of 10% from March 2022. Thus, the increasing need for fast internet connectivity is anticipated to stimulate the managed Wi-Fi solutions market's growth.
What Are The Core Segments Of The Global Managed Wi Fi Solutions Market?
The managed wi-fi solutionsmarket covered in this report is segmented –
1) By Component: Solutions, Services
2) By Networking Services: Network Auditing And Testing, Network Consulting, Configuration And Change Management, Network Security, Network Planning And Designing
3) By Infrastructure Services: Survey And Analysis, Installation And Provisioning, Wireless Infrastructure Maintenance And Management, System Integration And Upgradation, Training And Support
4) By Industry Vertical: Information Technology (IT) And Telecommunications, Retail, Banking, Financial Services, And Insurance, Government And Public Sector, Healthcare, Transportation, Logistics, And Hospitality, Other Industry Verticals
Subsegments:
1) By Solutions: Wi-Fi Access Points, Wi-Fi Controllers, Wi-Fi Management Software, Wi-Fi Gateways, Wi-Fi Repeaters and Extenders
2) By Services: Wi-Fi Network Design and Implementation, Wi-Fi Network Management and Monitoring, Wi-Fi Network Optimization, Wi-Fi Security Services, Technical Support and Maintenance Services
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How Are New Trends Impacting The Size Of The Managed Wi Fi Solutions Market?
Leading firms in the managed Wi-Fi solutions industry are prioritizing the development of cutting-edge solutions, such as automation platforms, to secure a competitive advantage in the market. An automation platform is a software structure designed to automate repetitive tasks and processes within a business, incorporating different tools and technologies to streamline processes, improve efficiency, and minimize manual involvement. For example, Airties, a France-based managed Wi-Fi solutions provider, introduced Orbit, a continuous test automation platform, in March 2024. This platform aims to facilitate the integration and implementation of intelligent Wi-Fi technologies for broadband service providers, customer premises equipment (CPE) manufacturers, and system-on-chip (SoC) suppliers. Orbit caters to the industry's demand for consistent data accuracy and performance measurement across different Wi-Fi chipset combinations, embedded software, and hardware. It allows broadband operators and their suppliers to continuously verify tested data during software alterations and firmware upgrades, address typical Wi-Fi performance problems, and speed up the go-to-market time for managed Wi-Fi deployments through self-certification.
Who Are the Key Players In The Managed Wi Fi Solutions Market?
Major companies operating in the managed Wi-Fi solutions market are:
• Verizon Communications Inc.
• Comcast Business
• AT&T Inc.
• Vodafone Group Plc
• Fujitsu Limited
• Infineon Technologies AG
• Rogers Communications Inc.
• Reliance Jio Infocomm Limited
• Arista Networks Inc.
• Atria Convergence Technologies
• Tata Communications Limited
• Ruckus Wireless
• Bharti Airtel Limited
• Telesystem
• Connectivity Wireless
• bSimplify.
• LM Technologies Ltd
• LG Networks Inc.
• Wroffy Technologies Pvt Ltd
• Purple
• Signellent Technologies India Pvt. Ltd.
What Are The Regional Insights Into The Managed Wi Fi Solutions Market?
North America was the largest region in the managed Wi-Fi solutions market in 2024. The regions covered in the managed Wi-Fi solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
