Worldwide Wi-Fi Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

The publisher brings years of research experience to the 6th edition of this report.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Friday, August 7, 2020
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Internet, Hardware, Mobile, Wireless, Technology, Telecommunications
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Summary
Key Points: 
  • The publisher brings years of research experience to the 6th edition of this report.
  • The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021.
  • The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 19.8% CAGR
    The Wi-Fi market in the U.S. is estimated at US$2.8 Billion in the year 2020.
  • China, the world's second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2027 trailing a CAGR of 19.8% over the analysis period 2020 to 2027.


The "Wi-Fi - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 6th edition of this report. The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Wi-Fi Market to Reach $28.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Wi-Fi estimated at US$10.4 Billion in the year 2020, is projected to reach a revised size of US$28.9 Billion by 2027, growing at aCAGR of 15.8% over the period 2020-2027.

Services, one of the segments analyzed in the report, is projected to record 14.2% CAGR and reach US$17.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solutions segment is readjusted to a revised 18.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 19.8% CAGR

The Wi-Fi market in the U.S. is estimated at US$2.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2027 trailing a CAGR of 19.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.4% and 14.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR.

Competitors identified in this market include, among others:

  • Aerohive Networks, Inc.
  • Alcatel-Lucent Enterprise
  • Aruba Networks
  • Cisco Systems, Inc.
  • Ericsson AB
  • Huawei Technologies Co., Ltd.
  • Juniper Networks, Inc.
  • Netgear, Inc.
  • Panasonic Corporation
  • Riverbed Technology
  • Ruckus Wireless, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Wi-Fi Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/ov16zz

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