Managed Wi-Fi market driven by enterprise and BYOD
Major driving factors of the managed Wi-Fi market are increasing adoption of enterprise mobility services and the Bring Your Own Device (BYOD) trend. The growing demand for high-speed and widespread network coverage and increasing adoption of cloud managed Wi-Fi and associated services are also major factors for the market growth.
The network auditing and testing services segment is expected to grow at the highest CAGR during the forecast period.
Networking auditing provides a holistic view of a WLAN network and helps enterprises in determining the performance, availability, and security of their transformed networks. Network testing services enable the seamless implementation of networking solutions into an enterprise’s environment. These services help enterprises validate if their proposed networking solution would satisfy their business requirements by creating and testing an environment based on the enterprise’s proposed implementation.
The infrastructure services segment is expected to hold the largest market share in the managed Wi-Fi market during the forecast period.
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Infrastructure services are the backbone of a network, as these services assist enterprises in installation and provisioning, system integration and upgradation, wireless infrastructure maintenance, and management of the WLAN network, thereby helping them boost the network efficiency. These services address the business challenges, such as designing, provisioning, and maintenance of the IT infrastructure. Furthermore, these services also help an enterprise to reduce the burden of the IT staff by simplifying complex functions, such as configuring equipment, maintaining network performance, and upgrading the Wi-Fi capabilities.
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North America is projected to hold the largest market share and continue dominate the managed Wi-Fi market during the forecast period. The region has witnessed trends such as mobility and DevOps, which in turn, has encouraged enterprises to adopt managed Wi-Fi systems and services to provide reliable, secure, and high-speed Wi-Fi access to employees and guests visiting enterprises for various purposes, such as client-partner meetings, interviews, presentations, and stakeholder meetings. The inclination amongst enterprises toward cloud-managed technologies, including cloud-managed Wi-Fi solutions and services, has boosted the growth of the market. The demand for the adoption of wireless hotspots and managed Wi-Fi systems and services is expected to increase, due to the growing investments in the wireless technology by the major companies in this region.
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