November 30, 2021
According to the research report titled, ‘Global Wifi Analytics Market 2019-2028’, available with MarketStudyReport, global WiFi analytics market is projected to register a CAGR of 21.38% during 2019-2028.
Increasing initiatives by various governments towards the deployment of public free WiFi, coupled with rising number of smartphone users due to their decreasing price and technological advancements are propelling the growth of global WiFi analytics market.
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In addition, surging investments by different companies and rising adoption of big data analytics are augmenting the industry outlook.
On the contrary, absence of a standardized regulatory framework, and dearth of infrastructure facilities in developing economics are likely to hamper the remuneration scope of this industry vertical in the ensuing years.
By component type, the marketplace is split into solution and service, whereas the fragmentation based on deployment consists of cloud and on-premise segments.
On the basis of application, the industry is classified into WiFi presence analytics and WiFi marketing analytics. In terms of end user scope, the market is divided into retail, sports & entertainment, hospitality, healthcare, transportation and others.
Regionally speaking, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa are the major benefactors to global WiFi analytics market expansion. Among these, Asia Pacific market is anticipated to showcase lucrative progression over 2019-2028, owing to increasing number of mobile broadband subscriptions and rapid surge in cloud migrations in nations like India.
Furthermore, rising internet penetration which in turn will escalate the demand for WiFi analytics is further adding momentum to APAC market growth.
RetailNext, Inc., Singapore Telecommunications Ltd., Hughes Network Systems LLC, Yelp, Inc, Skyfii Ltd., Ruckus Networks (CommScope, Inc.), Purple Innovation LLC, GoZone WiFi LLC, Fortinet, Inc., Cloud4Wi, Inc., Cisco Systems, Inc., Blix WiFi, and Aruba Networks (Hewlett Packard Enterprise Company) are the leading players defining the competitive arena of global WiFi analytics market.