$6 Billion Managed Wi-Fi Solutions Market 2018: Analysis by Networking Service, Infrastructure Service, Vertical, and Region - Global Forecast to 2022

World News: . []

Dublin, March 13, 2018 (GLOBE NEWSWIRE) -- The report has been added to offering

The global managed Wi-Fi solutions market size is expected to grow from USD 3.07 billion in 2017 to USD 6.11 billion by 2022, at a CAGR of 14.8% during the forecast period.

The managed Wi-Fi solutions market is gaining traction due to the rising adoption of enterprise mobility services and rapid increase in the deployment of public Wi-Fi across physical venues. Furthermore, the rise in number of Wi-Fi-enabled devices, such as smartphones, tablets, laptops, game consoles, and digital cameras at a rapid pace, and demand of high-speed networks, are driving the market growth. However, lack of standards for interconnectivity and interoperability is restraining the managed Wi-Fi solutions market growth.

The transportation, logistics, and hospitality vertical is at the forefront in adopting managed Wi-Fi solutions and associated services, as these solutions and services provide reliable, cost-effective, and central management of the WLAN network. The wireless technology has enhanced the operations of various industry functions, such as distribution and storage, inventory, communication, and tracking. Real-time tracking of product and vehicle location is important in the transportation and logistics vertical. Similarly, the hospitality vertical experiences witnesses' intense competition among the enterprises to capture major market shares. Good Wi-Fi connectivity is necessary in the hospitality vertical, for repeated visits to a hotel or restaurant. Reliable managed Wi-Fi solutions and services provide consistent, cost-effective, and centrally managed networking that enables the hotel or restaurant staff to easily manage Wi-Fi networks.

North America is expected to hold the largest market share in the managed Wi-Fi solutions market during the forecast period. The demand for the adoption of wireless hotspots and managed Wi-Fi solutions and services is expected to increase, due to the major regional players' growing investments in the wireless technology.

APAC is expected to witness significant growth and is projected to be the fastest-growing region in the global managed Wi-Fi solutions market. The region has witnessed advanced and dynamic adoption of new technologies and has been a lucrative market. APAC is witnessing an upsurge in the adoption of smart devices and internet, mandating the need for reliable and secure internet connectivity. Furthermore, rising adoption of enterprise mobility services and growing number of smart devices is driving the need for reliable managed Wi-Fi solutions and associated services beyond traditional boundaries, thereby boosting the overall growth of managed Wi-Fi solutions market during the forecast period.

The managed Wi-Fi solutions market includes major vendors such as Cisco Systems (US), Fujitsu (Japan), Vodafone (UK), Verizon (US), Ruckus Wireless (US), Aruba (US), Mojo Networks (US), and Purple (England).

For more information about this report visit

CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: WiFi and WiMax

More news and information about Research and Markets

Published By:

Globe Newswire: 15:47 GMT Tuesday 13th March 2018

Published: .

Search for other references to "billion" on SPi News

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2018. [Admin Only]
Sector Publishing Intelligence Ltd.
Ground Floor Offices, Little Keep Gate, Barrack Road, Dorchester, Dorset DT1 1AH
Registered in England and Wales number 0751938.
Privacy Policy | Terms and Conditions | Contact Us

Advertising on SPi News: Information For Advertisers