The global Wi-Fi market is expected to show appreciable growth over the forecast period, on account of the rising global demand for wireless enabled devices such as television, smart-phones, tablets, and laptops, etc. 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 that need high bandwidth and speed is expected to further drive the 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 for 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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In contrast to its related industries like consumer electronics and semiconductors, the data center and communications infrastructure industry is expected to be more buoyant with continued strategic investments made to support the increased network traffic and data usage for remote working during the lockdown phase. From school closures necessitating students to use virtual offerings (Google Classroom ) to the governments using business analytics services (Power BI) for communicating virus updates, the demand for communication services and related infrastructure has witnessed an unprecedented rise amidst the global pandemic. Digital services including telemedicine are expected to remain popular even after the pandemic is contained, thereby ensuring strong growth in the communication infrastructure industry. The report will account for Covid19 as a key market contributor.