Increasing demand for wireless enabled devices such as television, smart-phones, tablets and laptops etc are expected to be the key growth factor for the Wi-Fi market. This technology helps to reduce overall network cost of enterprises owing to hassle-free maintenance and easy accessibility. It also reduces the network wiring cost and provides mobility to users over traditional wired networks. Global internet usage is increasing at a considerable rate and a major part of it is expected to be wireless traffic on account of its various benefits.
Rising enterprise mobility requirements is expected to favor market growth over the forecast period. Additionally, growing demand for data intensive applications which need high bandwidth and speed is expected to further drive the Wi-Fi market. Strict regulations and potential data security threats may hinder market growth over the forecast period. Deployment of 3G and 4G communication infrastructures may act as a restraint to the Wi-Fi market. Additionally, connectivity and performance issues such as configuration, gateway limitation, path loss, co-channel interference and inconsistent connectivity are further expected to restrain overall market growth.
Solutions such as auto channel selection and Wi-Fi performance management may help to overcome challenges in the market. Carrier and roaming Wi-Fi connections may provide new opportunities to market growth over the forecast period. The Wi-Fi market can be segmented on the basis of product, business model and end-use. WLAN controllers, access point, wireless hotspot gateways and routers etc comprise the product segment. Wi-Fi business models include indoor, outdoor and transportation. Indoor deployments are expected to be the key business model over the next six years. End-use segments consist of education, healthcare, public sector, hospitality, transportation and retail etc.
Wi-Fi services such as network planning, installation, support and analysis are also crucial factors for market growth. North America is expected to be the key regional segment over the forecast period. Asia Pacific is expected to grow at a considerable rate owing to increasing wireless and mobile market growth. Key players in the Wi-Fi market are Aruba Networks, Alcatel-Lucent, Cisco, Motorola Solutions, Ericsson, Ubiquiti Networks and Aerohive Networks.
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