June 17, 2021
According to the report titled ‘GLOBAL Wifi Analytics Market 2019-2028’, available with Market Study Report, global WiFi analytics market is anticipated to showcase a compound annual growth rate of 21.38% during 2019-2028.
Initiatives by governments to install free WiFi for public and tourists is primarily driving the growth of global WIFI analytics market. Moreover, recent surge in smartphone users with decline in prices of devices and technological advancements has further catalyzed the industry expansion. Also, increasing investments in analytics as well as Big Data by enterprises is creating lucrative opportunities for the market outlook.
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However, lack of standard regulatory compliances, coupled with absence of required infrastructure in the developing countries are acting as bottlenecks for the business domain.
In terms of deployment, global WiFi analytics market is bifurcated as cloud, and on-premise. The component segment is inclusive of solution, and service. Speaking of application scope, the market is distributed into WiFi presence analytics, and WiFi marketing analytics. While, various end-user verticals are hospitality, transportation, retail, healthcare, sports & entertainment, and others.
From regional frame of reference, the report thoroughly covers North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa to understand worldwide WiFi analytics market trends as well as to unveil profitable prospects in these regions.
Asia Pacific, however, is anticipated to contribute majorly towards the industry expansion over 2019-2028. The study reveals that steady increase in mobile broadband subscriptions is responsible for this growth. Furthermore, rise in cloud migration in countries like India, and improved internet accessibility will provide impetus to APAC market.
Major contenders profiled in global WiFi analytics industry report are Cloud4Wi, Cisco Systems Inc., GoZone WiFi LLC, Blix, SkyFii, Hughes Network Systems LLC, Hewlett Packard Enterprise Development LP, RetailNext Inc., CommScope Inc., Yelp Inc., Fortinet, Singapore Telecommunications Limited, and Purple Innovation LLC.