North America Wi-Fi as a Service Market Size, Share & Industry Trends Analysis Report By Component, By Organization Size, By Location (Indoor and Outdoor), By End User, By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The North America Wi-Fi as a Service Market would witness market growth of 17.3% CAGR during the forecast period (2021-2027).
Wi-Fi as a Service (WaaS) gives users real-time information about the in-house Wi-Fi network's availability and usage. The integration of real-time as well as historical Wi-Fi network usage data offers insights into network scalability, potential device compatibility issues, and localized application demand.
Wi-Fi as a Service also provides an air-gapped function to the user. An air gap is a security mechanism that guarantees complete compartmentalization of the on-site business network, ensuring that unauthorized users cannot access the network through an external private network or the public internet. The user can only access the service with a dashboard view of the Wi-Fi network from the Wi-Fi as a Service vendor. This dashboard overview provides historical as well as current data to the service user, such as the number of revisits and all movement across access points. This information can be used to drive network enhancements and efficiency.
Wi-Fi as a service is being more widely adopted across numerous industries in the United States, Canada, and Mexico due to the increasing requirement of high-quality internet in the public sector across this region. In addition, the per capita disposable income of people across this region is constantly increasing. People are now becoming more empowered in order to purchase good quality internet connections at higher prices. This factor is allowing vendors to invest more in the input that is required in the deployment of WI-FI as a Service technology. In addition, the rising disposable income of the people across this region is also encouraging various market players, as well as new market entrants to step into the regional market.
The US market dominated the North America Wi-Fi as a Service Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,933.8 million by 2027. The Canada market is exhibiting a CAGR of 20% during (2021 - 2027). Additionally, The Mexico market would experience a CAGR of 19% during (2021 - 2027).
Based on Component, the market is segmented into Services (Managed Services and Professional Services) and Solution (Access Points and WLAN Controllers). Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Location, the market is segmented into Indoor and Outdoor. Based on End User, the market is segmented into Service Providers, IT & Telecom, BFSI, Healthcare, Travel & Hospitality, Retail, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Fortinet, Inc., Huawei Technologies Co., Ltd., Telstra Corporation Limited, Juniper Networks, Inc., Extreme Networks, Inc., ADTRAN, Inc., CommScope, Inc., Tata communications limited (Tata Group), and D-Link Corporation.
Scope of the Study
Market Segments Covered in the Report:
- Managed Services
- Professional Services
- Access Points
- WLAN Controllers
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
By End User
- Service Providers
- IT & Telecom
- Travel & Hospitality
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Fortinet, Inc.
- Huawei Technologies Co., Ltd.
- Telstra Corporation Limited
- Juniper Networks, Inc.
- Extreme Networks, Inc.
- ADTRAN, Inc.
- CommScope, Inc.
- Tata communications limited (Tata Group)
- D-Link Corporation
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