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Report
Wi-Fi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 144 Pages I IMARC Group
The global Wi-Fi market size reached US$ 28.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 61.9 Billion by 2028, exhibiting a growth rate (CAGR) of 13.3% during 2023-2028.
Wireless fidelity (Wi-Fi) refers to a wireless networking technology that is used for connecting multiple electronic devices, including laptops, desktops, smartphones, and wearables, with the internet. It operates by sending radio signals from the wireless router to nearby gadgets, which translates the signal into data. These waves are further decoded and transmitted back to the router that assists in connecting the internet by wire and cable. Wi-Fi offers greater flexibility, scalability, reliability, convenience, and mobility at cost-effective prices, due to which it is extensively used in various applications. At present, it is commercially available in high-density and enterprise-class Wi-Fi density types.
Wi-Fi Market Trends:
The widespread adoption of Wi-Fi across the information technology (IT), telecom, education, retail, healthcare, life sciences, manufacturing, and small and medium-sized enterprises (SMEs) on account of the increasing need for responsive, effective, and quality wireless network connectivity is primarily driving the market growth. the increasing deployment of Wi-Fi across organizations has also enabled businesses to streamline multiple operations and ensure rapid and responsive development, while keeping track of the network. This is acting as another major growth-inducing factor. In line with this, significant technological advancements, such as the introduction of wireless-enabled devices, including smartphones, tablets, television, and laptops, that helps in reducing network wiring cost and offers improved mobility is also supporting the market growth. Additionally, the consequent implementation of nationwide lockdown due to the sudden outbreak of coronavirus disease (COVID-19) pandemic have led to the employment of Internet of Things (IoT) and bring your own device (BYOD) corporate models, which, in turn, is facilitating the demand for Wi-Fi across the globe. Other factors, such as favorable initiatives undertaken by the government of several countries for promoting digitalization, higher penetration of internet connectivity, and increasing utilization of electronic gadgets for performing tasks, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global Wi-Fi market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, density, location type, organization size and industry vertical.
Breakup by Component:
Hardware
Solutions
Services
Breakup by Density:
High-Density Wi-Fi
Enterprise-Class Wi-Fi
Breakup by Location Type:
Indoor
Outdoor
Breakup by Organization Size:
Large Enterprises
Small and Medium-sized Enterprises
Breakup by Industry Vertical:
IT and Telecommunication
Education
BFSI
Healthcare
Logistics and Transportation
Retail
Government
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AT&T Inc., Broadcom Inc., Cisco Systems Inc., Extreme Networks, Fortinet Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., Juniper Networks Inc., Motorola Solutions Inc., Panasonic Corporation, Singapore Telecommunications Limited, Telefonaktiebolaget LM Ericsson, Telstra Corporation Limited and Ubiquiti Inc.
Key Questions Answered in This Report
1. What was the size of the global Wi-Fi market in 2022?
2. What is the expected growth rate of the global Wi-Fi market during 2023-2028?
3. What are the key factors driving the global Wi-Fi market?
4. What has been the impact of COVID-19 on the global Wi-Fi market?
5. What is the breakup of the global Wi-Fi market based on the component?
6. What is the breakup of the global Wi-Fi market based on the location type?
7. What is the breakup of the global Wi-Fi market based on industry vertical?
8. What are the key regions in the global Wi-Fi market?
9. Who are the key players/companies in the global Wi-Fi market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Wi-Fi Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Hardware
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Solutions
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Services
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Density
7.1 High-Density Wi-Fi
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Enterprise-Class Wi-Fi
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Location Type
8.1 Indoor
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Outdoor
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Organization Size
9.1 Large Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Small and Medium-sized Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Industry Vertical
10.1 IT and Telecommunication
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Education
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 BFSI
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Healthcare
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Logistics and Transportation
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Retail
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Government
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Others
10.8.1 Market Trends
10.8.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 AT&T Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Broadcom Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Cisco Systems Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Extreme Networks
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Fortinet Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Fujitsu Limited
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Hewlett Packard Enterprise Company
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Huawei Technologies Co. Ltd.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 SWOT Analysis
16.3.9 Juniper Networks Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Motorola Solutions Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 Panasonic Corporation
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 Singapore Telecommunications Limited
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis
16.3.13 Telefonaktiebolaget LM Ericsson
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
16.3.13.3 Financials
16.3.13.4 SWOT Analysis
16.3.14 Telstra Corporation Limited
16.3.14.1 Company Overview
16.3.14.2 Product Portfolio
16.3.14.3 Financials
16.3.14.4 SWOT Analysis
16.3.15 Ubiquiti Inc.
16.3.15.1 Company Overview
16.3.15.2 Product Portfolio
16.3.15.3 Financials
Figure 1: Global: Wi-Fi Market: Major Drivers and Challenges
Figure 2: Global: Wi-Fi Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Wi-Fi Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Wi-Fi Market: Breakup by Component (in %), 2022
Figure 5: Global: Wi-Fi Market: Breakup by Density (in %), 2022
Figure 6: Global: Wi-Fi Market: Breakup by Location Type (in %), 2022
Figure 7: Global: Wi-Fi Market: Breakup by Organization Size (in %), 2022
Figure 8: Global: Wi-Fi Market: Breakup by Industry Vertical (in %), 2022
Figure 9: Global: Wi-Fi Market: Breakup by Region (in %), 2022
Figure 10: Global: Wi-Fi (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Wi-Fi (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Wi-Fi (Solutions) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Wi-Fi (Solutions) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Wi-Fi (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Wi-Fi (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Wi-Fi (High-Density Wi-Fi) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Wi-Fi (High-Density Wi-Fi) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Wi-Fi (Enterprise-Class Wi-Fi) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Wi-Fi (Enterprise-Class Wi-Fi) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Wi-Fi (Indoor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Wi-Fi (Indoor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Wi-Fi (Outdoor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Wi-Fi (Outdoor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Wi-Fi (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Wi-Fi (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Wi-Fi (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Wi-Fi (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Wi-Fi (IT and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Wi-Fi (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Wi-Fi (Education) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Wi-Fi (Education) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Wi-Fi (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Wi-Fi (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Wi-Fi (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Wi-Fi (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Wi-Fi (Logistics and Transportation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Wi-Fi (Logistics and Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Wi-Fi (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Wi-Fi (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Wi-Fi (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Wi-Fi (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Wi-Fi (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Wi-Fi (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: North America: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: North America: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: United States: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: United States: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Canada: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Canada: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Asia-Pacific: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Asia-Pacific: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: China: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: China: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Japan: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Japan: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: India: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: India: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: South Korea: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: South Korea: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Australia: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Australia: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Indonesia: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Indonesia: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Europe: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Europe: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Germany: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Germany: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: France: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: France: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: United Kingdom: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: United Kingdom: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Italy: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Italy: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Spain: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Spain: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Russia: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Russia: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Latin America: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Latin America: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Brazil: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Brazil: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Mexico: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Mexico: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Others: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Others: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Middle East and Africa: Wi-Fi Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Middle East and Africa: Wi-Fi Market: Breakup by Country (in %), 2022
Figure 92: Middle East and Africa: Wi-Fi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Global: Wi-Fi Industry: SWOT Analysis
Figure 94: Global: Wi-Fi Industry: Value Chain Analysis
Figure 95: Global: Wi-Fi Industry: Porter's Five Forces Analysis
Table 1: Global: Wi-Fi Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Wi-Fi Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Wi-Fi Market Forecast: Breakup by Density (in Million US$), 2023-2028
Table 4: Global: Wi-Fi Market Forecast: Breakup by Location Type (in Million US$), 2023-2028
Table 5: Global: Wi-Fi Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 6: Global: Wi-Fi Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 7: Global: Wi-Fi Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Wi-Fi Market: Competitive Structure
Table 9: Global: Wi-Fi Market: Key Players
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