Wi-Fi Analytics Market Report, Size Segments and Growth 2021: Research Strategies with Share Analysis, Top Key Players with Opportunities Forecast (2021-2026)
A comprehensive overview of Wi-Fi Analytics is recently added by UnivDatos Market Insights to its humongous database. The Wi-Fi Analytics report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Wi-Fi Analytics market. The Wi-Fi Analytics report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates Wi-Fi Analytics at the global and regional levels. Global Wi-Fi Analytics Market is expected to grow at a CAGR of 28.5% from 2021-2026 to reach US$ 30.7 billion by 2026.
Market Overview
A rise
in internet penetration, escalating adoption of
connected devices, and deployment of public Wi-Fi coupled
with rising adoption of smartphones are some of the key factors contributing to
the growth of the Wi-fi analytics market. As per Cisco, connected devices
will be 3x the global population by 2023. Also, 71% of the global population will be
mobile subscribers by 2023. Furthermore, the number of smartphone users around
the globe was around 3.6 billion in 2020, which is expected to reach 4.3
billion by 2023. Also, more than 60% of the global population uses the internet
and as of April 2021, 72 billion people use the internet, globally. Moreover,
internet users are currently growing at an annual rate of 7.6%, equating to an
average of more than 900,000 new users every day.
Request Sample Copy of this Report @ https://univdatos.com/get-a-free-sample-form-php/?product_id=7500
In addition, the benefits of wi-fi analytics
such as improving
operations, track campaign results,
and trigger marketing are acting as a growth
catalyst to the industry. Wi-Fi analytics facilitates consumers
to use the information available through the wireless network to make better
decisions about a physical space. Moreover, the increasing deployment of data
analytics across numerous brick and mortar businesses, along with rising
competition between online and offline retail businesses is further expected to
propel the Wi-Fi analytics market, globally.
COVID-19 Impact
The breathtaking speed
and scale of the COVID-19 crisis have put tremendous levels of stress on analytics/models.
The global ongoing trend of work-from-home and online classes has increased the
new connections and devices. As per a network solution provider Esprim
Systems, the company is unable to provide for the 60% surge in demand for new
connections and devices. Moreover, the offering of cheaper data plans
coupled with the rising need for cloud-based web conferencing solutions is
resulting in the greater demand for Wi-fi analytics. Moreover, the use of Wi-Fi
for several purposes for COVID-related precautions and queries is also mounting
the demand for Wi-fi analytics. For instance: The University of California
(UCI) announced to explore the use of its wireless network as part of a
COVID-19 contract tracing application that Uses Campus Wi-Fi to Test the COVID-19
Contact Tracing App. This kind of initiative has impacted the growth of Wi-Fi
analytics during the COVID pandemic.
Ask for Price & Discounts @ https://univdatos.com/get-a-free-sample-form-php/?product_id=7500
Wi-Fi Analytics Market report is studied thoroughly with several
aspects that would help stakeholders in making their decisions more curated.
By Component, the market is primarily
bifurcated into
·
Solutions
·
Services
The solution segment dominated the component segment and gathered 74.6%
of the Wi-Fi Analytics Market in 2019. Moreover, the market is expected to grow
at a 27.1% CAGR to reach US$ 21.2 billion by the year 2026.
By Deployment Type, the market is
primarily segmented into
·
On-Premise
·
Cloud
The on-premise segment generated
revenue of US$ 3.5 billion in 2019 and is expected to grow at a CAGR of 26.5%
during the forecast period. However, the cloud segment is expected to witness a
robust CAGR of 31.6% during the forecast period of 2021-26.
By Application Type, the market is
primarily segmented into
·
Footfall Analytics
·
Customer Engagement
·
Customer Experience Management
·
Customer Behaviour Analytics
·
Customer Loyalty Management
Amongst application types, the Customer Loyalty Management segment
accounted for the largest share and grabbed 34.2% in the global wi-fi analytics
market. However, Customer Experience Management is expected to witness the
highest CAGR during the upcoming years to reach the market valuation of US$3.9 billion
by 2026.
By End-User Type, the market is primarily
segmented into
·
Smart Infrastructure
·
Retail
·
Sports & Leisure
·
Hospitality
·
Others
Amongst End-Users, the Retail segment
of the Wi-Fi Analytics market was valued at US$ 2.5 billion in 2019 and is
likely to reach US$ 12.5 billion by 2027 growing at a CAGR of 26.1% from
2021-2026.
Wi-Fi Analytics Geographical
Segmentation Includes:
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Based on the estimation, the North America region
dominated the Wi-Fi Analytics Market with almost US$ 2.2 billion in revenue
in 2019. At the same time, the Asia-Pacific region is expected to
grow remarkably with a CAGR of 32.2% over the forecast period.
Ask for Report Customization @ https://univdatos.com/get-a-free-sample-form-php/?product_id=7500
The major players targeting the market includes
- Cisco Systems Inc
- Zebra Technologies
- Ruckus Wireless
- Aruba Networks, Inc.
- Purple Wi-Fi Ltd
- Cloud4wi
- Fortinet Inc.
- SkyFii Limited
- Euclid Analytics
- Hughes Network Systems LLC
Competitive Landscape
The degree of competition
among prominent global companies has been elaborated by analyzing several
leading key players operating worldwide. The specialist team of research
analysts sheds light on various traits such as global market competition,
market share, most recent industry advancements, innovative product launches,
partnerships, mergers, or acquisitions by leading companies in the Wi-Fi
Analytics Market. The leading
players have been analyzed by using research methodologies for getting insight
views on global competition.
For more informative
information, please visit us @ https://univdatos.com/get-a-free-sample-form-php/?product_id=7500
Key questions resolved
through this analytical market research report include:
·
What are the latest trends, new patterns, and technological advancements
in t the Wi-Fi Analytics
Market?
·
Which factors are influencing the Wi-Fi Analytics Market over the forecast period?
·
What are the global challenges, threats, and risks in the Wi-Fi analytics market?
·
Which factors are propelling and restraining the Wi-Fi Analytics Market?
·
What are the demanding global regions of the Wi-Fi analytics market?
·
What will be the global market size in the upcoming years?
·
What are the crucial market acquisition strategies and policies applied
by global companies?
We understand the
requirement of different businesses, regions, and countries, we offer
customized reports as per your requirements of business nature and geography.
Please let us know If you have any custom needs.
About UnivDatos
Market Insights
UnivDatos
Market Insights (UMI) is a passionate market research firm and a subsidiary of
Universal Data Solutions. We believe in delivering insights through Market
Intelligence Reports, Customized Business Research, and Primary Research. Our
research studies are spread across topics across the world, we cover markets in
over 100 countries using smart research techniques and agile methodologies. We
offer in-depth studies, detailed analysis, and customized reports that help
shape winning business strategies for our clients.
Contact
UnivDatos Market Insights
Pawnendra Pawan
Client Development Lead
Ph: +91-7838604911
Email: pawnendra@univdatos.com
Labels: Wi-Fi Analytics Market
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home