Wi-Fi Analytics Market Growth, Size, Key Drivers, Forecast To 2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Wi-Fi Analytics  by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Wi-Fi Analytics , The wi-fi analytics  market size has grown exponentially in recent years. It will grow from $14.7 billion in 2023 to $18.3 billion in 2024 at a compound annual growth rate (CAGR) of 24.5%.  The  growth in the historic period can be attributed to proliferation of wi-fi enabled devices, increased internet usage, growing demand for location-based services, data security concerns, rising popularity of public wi-fi hotspots.

The wi-fi analytics  market size is expected to see exponential growth in the next few years. It will grow to $47.08 billion in 2028 at a compound annual growth rate (CAGR) of 26.6%.  The growth in the forecast period can be attributed to 6e wi-fi standard adoption, integration of wi-fi analytics with ai and machine learning, expansion of smart cities initiatives, enhanced wi-fi security measures, increased use of wi-fi in iot devices. Major trends in the forecast period include wi-fi 6 deployment and upgrades, cloud-based wi-fi analytics solutions, focus on user experience analytics, wi-fi analytics for retail and hospitality, wi-fi as a service (waas) models.

The rise in the deployment of Wi-Fi connections is significantly contributing to the growth of the Wi-Fi analytics market. A Wi-Fi network is an internet connection shared by a wireless router with multiple devices in a home or business. The deployment of Wi-Fi networks is rapidly gaining popularity as more people use laptops, tablets, and smartphones. For instance, according to the World Population Review, a US-based agency for demographic information, approximately 69% of the world’s population which equals 4.9 billion people are actively using the internet in 2022 and the number of internet users is increasing at the rate of 4% annually, which translates to over 196 million additional users joining the network every year. In addition, Cisco, a US-based networking hardware company, forecasts a fourfold increase in Wi-Fi hotspots to 628 million in 2023 in its Annual Internet Report. Therefore, the rapid growth in the deployment of Wi-Fi connections will support the Wi-Fi analytics market growth.

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The wi-fi analytics  market covered in this report is segmented –

1) By Component: Solution, Services

2) By Deployment: Cloud-Based, On-Premise

3) By Application: Wi-Fi Presence Analytics, Wi-Fi Marketing Analytics

4) By Industry Vertical: Retail, Hospitality And Tourism, Sports And Entertainment, Transportation, Healthcare, Other Industry Verticals

Top Major Players:
Cisco Systems Inc
Skyfii Limited
Purple Wi-Fi Limited
Fortinet Inc
Zebra Technologies Corporation

North America was the largest region in the Wi-Fi analytics market in 2023.

Technological advancement has emerged as the key trend gaining popularity in the Wi-Fi Analytics industry. Rapid technical breakthroughs and improvements in Wi-Fi standards have resulted in the creation of dense platforms with many concurrently connecting systems and IoT connections, such as hospitals, airports, and other public transportation places, which necessitate real-time data processing. For instance, in April 2023, Intel Corporation, a USA-based technology company launched the Intel Connectivity Analytics, which is a program that uses AI technology and is designed to help make it easier to get insights about wireless network performance and operations. A software development kit (SDK) that can provide in-depth insights into wireless traffic generated by Intel-based Wi-Fi 6 chipsets is made available by the Intel Connectivity Analytics program. The initiative aims to improve users’ entire wireless experience by offering network-level information directly from the source. The program also aims to provide network performance optimization, security threat detection and issue resolution.

The wi-fi analytics  market report table of contents includes:

1. Executive Summary
2. Wi-Fi Analytics Market Characteristics
3. Wi-Fi Analytics Market Trends And Strategies
4. Wi-Fi Analytics Market – Macro Economic Scenariot
5. Global Wi-Fi Analytics Market Size and Growth
….……….
31. Global Wi-Fi Analytics Market Competitive Benchmarking
32. Global Wi-Fi Analytics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Wi-Fi Analytics Market
34.Wi-Fi Analytics Market Future Outlook and Potential Analysis
35.Appendix

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