Carrier Wi-Fi Equipment Market Highlights
Global Carrier
Wi-Fi Equipment Market is estimated to grow at a CAGR of 25% during the forecast
period 2017-2023. Wi-Fi innovation is in quick effect and is executed in a
scope of gadgets like cell phones, tablets, laptops and other customer
hardware. The rise in adoption of different types of devices, wearable gear and
the expanding utilization of Wi-Fi over these electronic gadgets has brought
about a sharp increase in providing remote information. This makes key
organizations compete for expanded system request from the users and updated
ability to guarantee smooth remote availability.
One of the major concerns
for consumers is security on open networks as well as cellular and internet
service providers across the world. A major threat consumers face is the open
and unprotected Wi-Fi networks in public places. Transporter Wi-Fi can be
connected in areas like group Wi-Fi executions and open hotspot arrangements,
for example, restaurants, cafes and colleges.
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Key players
Some of the
prominent players in the market include Nokia Networks (Finland), Cisco
Systems, Inc (U.S.), Ericsson (Sweden), Edgewater Wireless Systems, Inc
(Canada), Aruba Networks (U.S.), Ruckus Wireless, Inc (U.S.), Huawei
Technologies Co. Ltd. (China), Hewlett Packard Enterprise Development LP
(U.S.), Aerohive Networks (U.S.), Brocade Communication Systems, Inc. among
others. A lot of emerging companies and Start-ups are bringing up their
products and services in order to cater the ever increasing demand from
consumers. The key players constantly keep innovating and investing in research
and development to produce a cost effective portfolio.
Regional
Analysis
By geography, the
U.S. retains the top spot in the global carrier Wi-Fi market. The
standardization initiatives like Hotspot 2.0 and the almost universal inclusion
of Wi-Fi in every smartphone, PC, and tablet being built today, carrier
controlled Wi-Fi is expected to see wide-scale adoption, especially in markets
like North America, Japan, and South Korea. However, Asia Pacific expects to
show the fastest growth rate among all the regions. The roadmap to the growth
includes popularity of carrier Wi-Fi access service as a premium service, and
rise in data traffic in cellular network.
The number of
mobile users in India and China are increasing by big numbers and is expected
to reach the highest across the globe due to the growing population. With the
increasing penetration of smartphones, the mobile traffic is also expected to
rise in these countries, thereby creating varied opportunities for Asia Pacific
to become an emerging market for carrier Wi-Fi equipment market, flagging new
technological methods and techniques for telecom operators to develop.
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