Dublin, Feb. 27, 2025 (GLOBE NEWSWIRE) — The “Wi-Fi Market by Offering (Hardware, Software, and Services), Deployment (Indoor, Outdoor), Technology (Wi-Fi 5, Wi-Fi 6, Wi-Fi 7), Application (Residential, Industry 4.0, Smart Healthcare) and Region – Global Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering.
A new market analysis has revealed that the global Wi-Fi market is poised for dramatic expansion, with projections estimating growth from USD 22.06 billion in 2024 to an impressive USD 45.12 billion by 2029. This equates to a Compound Annual Growth Rate (CAGR) of 15.4%. These findings underscore Wi-Fi’s increasing importance in various applications, including Smart City initiatives, Industry 4.0, and smart healthcare, amongst others.
Market Dynamics
Wi-Fi is experiencing a surge in demand across numerous sectors. Smart cities rely heavily on the technology for efficient resource management and public safety enhancements through real-time data transmission. In the healthcare sector, Wi-Fi facilitates smart solutions for patient care and hospital management. The industry’s growth is further bolstered by the escalation of connected devices and systems in the residential and commercial sectors, driving the need for secure, reliable wireless connectivity. The report indicates a strong potential for market expansion facilitated by technological advancements, such as Wi-Fi 6 and Wi-Fi 7, and the adoption of high-density Wi-Fi solutions.
Indoor Wi-Fi: The Dominant Force
The analysis points out that indoor environments will account for the more substantial portion of market size throughout the projection period. The increasing necessity for robust in-building wireless connectivity in homes, workplaces, and institutions is propelling this growth trajectory. Innovative features such as beamforming and multi-user, multiple-input, multiple-output (MU-MIMO) are pivotal for high-density scenarios by optimizing performance and managed Wi-Fi services, thereby garnishing a significant share of the market.
Asia Pacific Spearheading Growth
On a regional spectrum, the Asia Pacific stands at the forefront of the Wi-Fi market expansion, with various nations embarking on ambitious initiatives to buttress digital inclusion. Japan displays leadership with integrated, secure Wi-Fi platforms, while South Korea has made strides in public Wi-Fi by providing free connectivity on public buses. Across the region, diverse projects aim to amplify internet access, which fuels the considerable growth rate anticipated in the coming years.
Competitive Landscape and Strategic Insights
Key players have been identified within the Wi-Fi market, showcasing a variety of growth strategies including partnerships, product enhancements, and acquisitions to fortify their market presence. Rigorous interviewing methods have gleaned valuable insights, characterizing the gamut of endeavors pursued by these industry leaders to meet the evolving demand for Wi-Fi services and solutions.
Implications and Future Outlook
The findings of this comprehensive Wi-Fi market study highlight the influential role of Wi-Fi in enabling a connected world, where seamless wireless communication becomes foundational to innovation and efficient operations in both the public and private spheres. It also shines a spotlight on the dynamic nature of the Wi-Fi market, elucidating on the critical drivers and opportunities that will shape its evolution in the upcoming years.
This report is a valuable tool for stakeholders in the Wi-Fi space to glean an understanding of market trends, competitive landscapes, and the strategic positioning of key market players. With its in-depth analysis, the report offers a profound look at the global Wi-Fi market’s current state and its anticipated progression over the next several years.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 312 |
| Forecast Period | 2024 – 2029 |
| Estimated Market Value (USD) in 2024 | $22.06 Billion |
| Forecasted Market Value (USD) by 2029 | $45.12 Billion |
| Compound Annual Growth Rate | 15.4% |
| Regions Covered | Global |
Companies Featured
- Cisco Systems
- Hpe
- Extreme Networks, Inc.
- Juniper Networks
- Fortinet
- Netgear, Inc.
- Commscope
- Alcatel-Lucent Enterprise
- Tp-Link
- Broadcom
- Comcast Business
- Vodafone
- Telstra
- Fujitsu
- AT&T
- Huawei
- Ubiquiti Networks
- D-Link
- Orange Business Services
- Keysight Technologies
- Lever Technology Group
- Redway Networks
- Cambium Networks
- Adb Global
- Actiontec Electronics
- Sdmc Technology
- Edgewater Wireless Systems
- Agile Content
For more information about this report visit https://www.researchandmarkets.com/r/fh84jk
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