Global Managed Wi-Fi Solution market is expected to generate revenue of $ 11773.37 million by end of 2025

Publisher: QYResearch

Published Date: 2018/12/13

According to QYR’s study, global revenue for Managed Wi-Fi Solution market was valued at $ 5468.38 million in 2017, and is expected to generate revenue of $ 11773.37 million by end of 2025, growing at a CAGR of slightly above 10.21 % between 2018 and 2025. Of the major players of Managed Wi-Fi Solution, Cisco Systems maintained its first place in the ranking in 2017. Cisco Systems accounted for 50.59 % of the Global Managed Wi-Fi Solution revenue market share in 2017. Cisco occupies a larger market share, mainly due to the sales of its enterprise level wireless network devices, including Access Points and WLAN Controllers. And it has a series of partners around the world, who can provide managed wifi solutions. Other players accounted for 12.67 %, 8.42 % including Aruba (HPE) and Ruckus Wireless (Arris).

In this study, the market for Managed Wi-Fi Solution consumption divided into six geographic regions: USA is expected to hold the largest market share and dominate the managed Wi-Fi solutions market during the forecast period. The region has witnessed huge investments in wireless technologies and the rapid adoption of BYOD policies and Wi-Fi-enabled smart devices for enhanced productivity, employee satisfaction, and cost-effectiveness. These factors are expected to drive the market in USA. In USA, total Managed Wi-Fi Solution accounted for 54.53 %. In the Europe, total Managed Wi-Fi Solution accounted for 22.29 %.

Asia Pacific (APAC) has witnessed an advanced and dynamic adoption of new technologies and has always been a lucrative region. The managed Wi-Fi solutions market in APAC is expected to grow at the highest CAGR during the forecast period. APAC has witnessed the heavy deployment of wireless hotspots in many cities, and various government initiatives are promoting the adoption of internet and smart devices.

A majority of enterprises in this region are adopting managed Wi-Fi solutions and services to provide internet access to their employees and guests, thereby contributing to the overall growth of the managed Wi-Fi solutions market. Especially in China, The market in China Managed Wi-Fi Solution is growing rapidly, that accounted for 7.78 %, in Japan 3.50%, in India 1.80 % and in South East Asia 1.64 %.

Worldwide, IT and Telecommunications was the largest consumer of Managed Wi-Fi Solution which is responsible for about 43.33 percent of Managed Wi-Fi Solution consumption in 2017. The remaining 56.67 percent was consumed other vertical segment including Banking, Financial Services and Insurance (BFSI), retail, government and public sector, healthcare, transportation, logistics, and hospitality, manufacturing, education, and among others.

Click to view the full report: https://www.qyresearch.com/index/detail/40629/global-managed-wi-fi-solution-market

This article was first released by QYResearch, if reproduced, please indicate the source.

Marketing: sales@qyresearchglobal.com

Media Contact: press@qyresearch.com