Wi-Fi Analytics Market Analysis 2021: Global Industry Share, Top Key Players, Regional Study, Upcoming Trends and Growth Segments 2026
Global Wi-Fi Analytics Market is expected to grow at a CAGR of 28.5% from 2021-2026 to reach US$ 30.7 billion by 2026.

Wi-Fi Analytics Market is expected to grow at a CAGR of 28.5% from 2021-2026

A comprehensive overview of Wi-Fi Analytics is recently added by UnivDatos Market Insights to its humongous database. The Wi-Fi Analytics report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Wi-Fi Analytics market. The Wi-Fi Analytics report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates Wi-Fi Analytics at the global and regional levels. Global Wi-Fi Analytics Market is expected to grow at a CAGR of 28.5% from 2021-2026 to reach US$ 30.7 billion by 2026.

Market Overview

A rise in internet penetration, escalating adoption of connected devices, and deployment of public Wi-Fi coupled with rising adoption of smartphones are some of the key factors contributing to the growth of the Wi-fi analytics market. As per Cisco, connected devices will be 3x the global population by 2023. Also, 71% of the global population will be mobile subscribers by 2023. Furthermore, the number of smartphone users around the globe was around 3.6 billion in 2020, which is expected to reach 4.3 billion by 2023. Also, more than 60% of the global population uses the internet and as of April 2021, 72 billion people use the internet, globally. Moreover, internet users are currently growing at an annual rate of 7.6%, equating to an average of more than 900,000 new users every day.

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In addition, the benefits of wi-fi analytics such as improving operations, track campaign results, and trigger marketing are acting as a growth catalyst to the industry. Wi-Fi analytics facilitates consumers to use the information available through the wireless network to make better decisions about a physical space. Moreover, the increasing deployment of data analytics across numerous brick and mortar businesses, along with rising competition between online and offline retail businesses is further expected to propel the Wi-Fi analytics market, globally.

COVID-19 Impact

The breathtaking speed and scale of the COVID-19 crisis have put tremendous levels of stress on analytics/models. The global ongoing trend of work-from-home and online classes has increased the new connections and devices. As per a network solution provider Esprim Systems, the company is unable to provide for the 60% surge in demand for new connections and devices. Moreover, the offering of cheaper data plans coupled with the rising need for cloud-based web conferencing solutions is resulting in the greater demand for Wi-fi analytics. Moreover, the use of Wi-Fi for several purposes for COVID-related precautions and queries is also mounting the demand for Wi-fi analytics. For instance: The University of California (UCI) announced to explore the use of its wireless network as part of a COVID-19 contract tracing application that Uses Campus Wi-Fi to Test the COVID-19 Contact Tracing App. This kind of initiative has impacted the growth of Wi-Fi analytics during the COVID pandemic.

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Wi-Fi Analytics Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Component, the market is primarily bifurcated into

·       Solutions

·       Services

The solution segment dominated the component segment and gathered 74.6% of the Wi-Fi Analytics Market in 2019. Moreover, the market is expected to grow at a 27.1% CAGR to reach US$ 21.2 billion by the year 2026.

By Deployment Type, the market is primarily segmented into

·       On-Premise

·       Cloud

The on-premise segment generated revenue of US$ 3.5 billion in 2019 and is expected to grow at a CAGR of 26.5% during the forecast period. However, the cloud segment is expected to witness a robust CAGR of 31.6% during the forecast period of 2021-26.

By Application Type, the market is primarily segmented into

·       Footfall Analytics

·       Customer Engagement

·       Customer Experience Management

·       Customer Behaviour Analytics

·       Customer Loyalty Management

Amongst application types, the Customer Loyalty Management segment accounted for the largest share and grabbed 34.2% in the global wi-fi analytics market. However, Customer Experience Management is expected to witness the highest CAGR during the upcoming years to reach the market valuation of US$3.9 billion by 2026.

By End-User Type, the market is primarily segmented into

·       Smart Infrastructure

·       Retail

·       Sports & Leisure

·       Hospitality

·       Others

Amongst End-Users, the Retail segment of the Wi-Fi Analytics market was valued at US$ 2.5 billion in 2019 and is likely to reach US$ 12.5 billion by 2027 growing at a CAGR of 26.1% from 2021-2026.

Wi-Fi Analytics Geographical Segmentation Includes:

·       North America

·       Europe

·       Asia-Pacific

·       Rest of the World

Based on the estimation, the North America region dominated the Wi-Fi Analytics Market with almost US$ 2.2 billion in revenue in 2019. At the same time, the Asia-Pacific region is expected to grow remarkably with a CAGR of 32.2% over the forecast period.

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The major players targeting the market includes

 

  • Cisco Systems Inc
  • Zebra Technologies
  • Ruckus Wireless
  • Aruba Networks, Inc.
  • Purple Wi-Fi Ltd
  • Cloud4wi
  • Fortinet Inc.
  • SkyFii Limited
  • Euclid Analytics
  • Hughes Network Systems LLC

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Wi-Fi Analytics Market. The leading players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

·       What are the latest trends, new patterns, and technological advancements in t the Wi-Fi Analytics Market?

·       Which factors are influencing the Wi-Fi Analytics Market over the forecast period?

·       What are the global challenges, threats, and risks in the Wi-Fi analytics market?

·       Which factors are propelling and restraining the Wi-Fi Analytics Market?

·       What are the demanding global regions of the Wi-Fi analytics market?

·       What will be the global market size in the upcoming years?

·       What are the crucial market acquisition strategies and policies applied by global companies?

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Final Report will add the analysis of the impact of COVID-19 on this industry.”

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The report provides a snapshot of the syringes & needles market. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the market has been discussed in the next section.

The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.

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A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:

What is the aim of the report?

·       The market report presents the estimated market size of Wi-fi analytics market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.

·       Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.

·       An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.

·       The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.

·       The various parameters accelerating the growth of Market are incorporated in the research report.

·       The report analyzes growth rate, market size and valuation of the Market during the forecast period.

What aspects regarding the regional analysis Market are included in this report?

·       Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

·       The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.

·       The growth rate of the market in every region, including their countries over the forecast period is included in the market report.

·       Based on what factors are the key market players assessed in this report?

·       The report offers detailed analysis of leading companies in the market across the globe.

·       It provides details of the major vendors involved in the Market including Key Playes

·       A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and

·       the manufactured products is incorporated in the report.

·       The facts and figures about market competitors along with standpoints of leading market players are presented in the report.

·       The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?

·       Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.

·       The report offers the present scenario and future growth prospects Market in various geographical regions.

·       The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.

·       The SWOT analysis is conducted along with Porter's Five Force analysis.

·       The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

Table of Content:

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL DIGITAL LOGISTICS MARKET REVENUE (USD BN), 2019-2027

6 MARKET INSIGHTS BY TYPE

7 MARKET INSIGHTS BY ORGANIZATIONAL SIZE

8 MARKET INSIGHTS BY DEPLOYMENT MODE

9 MARKET INSIGHTS BY VERTICALS

10 MARKET INSIGHTS BY REGION

11 DEMAND AND SUPPLY SIDE ANALYSIS

12 VALUE CHAIN ANALYSIS

13 GLOBAL DIGITAL LOGISTICS TRENDS & INSIGHTS

14 GLOBAL DIGITAL LOGISTICS MARKET DYNAMICS

15 GLOBAL DIGITAL LOGISTICS MARKET OPPORTUNITIES

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER