as a service – Global Market Outlook (2017-2023)” report has
been added to ResearchAndMarkets.com’s offering.
The Global Wi-Fi as a Service Market is accounted for $1.46 billion in
2016 and is expected to reach $12.01 billion by 2023 growing at a CAGR
of 35.1% during the forecast period.
Rising need for low capital expenses, ease of management and remote
troubleshooting and increasing number of medium-sized organizations are
some of the key factors propelling the market growth. However, security
issues and lack of expertise and skilled personnel are hampering the
market growth. Proliferation of BYOD and enterprise mobility will
provide ample opportunity for the market to grow.
Wi-Fi as a Service is a huge speed Wi-Fi resolution that is completely
influenced by usage of cloud based management systems. Wi-Fi is a
technology that practices radio waves to deliver network connectivity. A
Wi-Fi connection is recognized using a wireless connecter to produce
hotspots areas in the locality of a wireless router that are connected
to the network and permit operators to access internet facilities. It
allow business through inadequate CapEx or IT resources to give fast,
secure, and reliable wireless LAN access over many regions.
By service type, Wi-Fi as a service analytics, it contains two
techniques for intelligent business analytics, that is, reporting and
analytics. WiFi Analytics has the power and granularity of data to add
benefit for retailers, venue owners and customers alike, whilst closing
the profitability gap between brick-and-mortar and digital commerce. The
requirement for cloud-based reporting and analytics is rising among
enterprises attributed to its growing demand for better decision-making,
optimizing internal business process, escalating operational efficiency,
and expanding competitive advantage in the market.
Asia Pacific is expected to grow at a fastest CAGR during the forecast
period due to increasing demand for centralized management system,
increasing insistence for Wi-Fi services and rapidly increasing SMBs.
Some of the key players in Wi-Fi as a Service Market include
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