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Wi-Fi Market Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024


The global Wi-Fi market is estimated to register significant CAGR between 2018 and 2024. The report included a detailed competitive scenario and portfolio of leading vendors operating in Wi-Fi market all across the world. The report gives detailed segments analysis of Wi-Fi market in which the report describes the market into offerings, types, application, verticals and regional segments. Based upon offering, Wi-Fi market is classified as component, solution and services. On the basis of Wi-Fi type, Wi-Fi market has been segmented as indoor Wi-Fi, outdoor Wi-Fi, and transportation Wi-Fi. Based upon applications, market of Wi-Fi is classified as mobile applications, business applications, home applications, computerized application, automotive segment, browsing internet and video conference. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World. North America dominates the market with highest market share due to increased healthcare conditions. Europe is second largest market for Wi-Fi and it is expected to generate new opportunity with product innovation and increased investment in research and development. Asia Pacific Wi-Fi market is witnessed with strong growth rate due to increased government initiatives for infrastructure development. Growing demand of wireless and smart devices is the primary driving factor of the wi-fi market. In addition, emergence of IoT is expected to drive the market at fast pace in coming years. However, strict government rules and regulations may hamper the growth of wi-fi market. Growth in demand of Wi-Fi hotspots by hospitality, retail, and education sector affected market positively. The Internet of Things (IoT) is expected to reach around 500 Billion by 2020. The integration of wi-fi technology in IoT is expected to grow the market in forecast period.

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