The global Wi-Fi Analytics Market is projected to gain a valuation of USD 32.16 billion by the end of 2027, growing at a significant CAGR of 23.7% throughout the forecast timeline. Wi-Fi Analytics enables enterprises to leverage the information collected over wireless networks to formulate informed decisions about physical locations. The industry has witnessed tremendous growth owing…
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Wi-Fi Analytics Market Expected to Reach $32.16 Billion by 2027
The global Wi-Fi Analytics Market is projected to gain a valuation of USD 32.16 billion by the end of 2027, growing at a significant CAGR of 23.7% throughout the forecast timeline. Wi-Fi Analytics enables enterprises to leverage the information collected over wireless networks to formulate informed decisions about physical locations. The industry has witnessed tremendous growth owing to the intensifying competition of the offline and online retailers and rising deployment of public Wi-Fi connections, and the increasing penetration of smartphone devices.
The increasing usage of smart devices predominantly drives the Wi-Fi Analytics market’s growth along with increasing deployment of Wi-Fi connections in public places to attract more customers and the adoption of big data analytics in the business sphere. Moreover, the increasing advancements and developments in the Internet of Things (IoT) and connected smart devices are anticipated to create lucrative growth opportunities over the projected timeline.
However, the concerns surrounding the privacy of the customers’ data owing to the tracking of their location through Wi-Fi enabled devices might hamper the Wi-Fi Analytics market’s growth. Along with this, the stringent government regulations regarding the use of Wi-Fi connection to collect data are anticipated to restrain the growth of the market.
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Key participants include
Cisco Systems, Purple, Skyfii, July systems, Euclid, Zebra Technologies, Cloud4wi, Fortinet, Ruckus Wireless, Yelp, and RetailNext, among others.
Further key findings from the report suggest
The global Wi-Fi Analytics Market is projected to gain a valuation of USD 32.16 billion by the end of 2027, growing at a significant CAGR of 23.7% throughout the forecast timeline.
The increasing usage of smart devices predominantly drives the Wi-Fi Analytics market’s growth along with increasing deployment of Wi-Fi connections in public places to attract more customers and the adoption of big data analytics in the business sphere.
Wi-Fi Analytics incorporates the usage of Wi-Fi networks to gather data on Wi-Fi enabled devices such as smartphones, tablets, laptops, and other devices. Over the past decades, technology has emerged as one of the widespread and versatile connectivity solutions rapidly being adopted across various industry verticals.
Wi-Fi Analytics enables enterprises to leverage the information collected over wireless networks to formulate informed decisions about physical locations.
The development of smart cities and government initiatives to further expand the adoption of Wi-Fi hotspots is anticipated to create lucrative opportunities for the market in the coming years.
However, the concerns surrounding the privacy of the customers’ data owing to the tracking of their location through Wi-Fi enabled devices might hamper the Wi-Fi Analytics market’s growth. Along with this, the stringent government regulations regarding the use of Wi-Fi connection to collect data are anticipated to restrain the growth of the market.
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For this report, Reports and Data have segmented into the global Wi-Fi Analytics market on the basis of resin type, composite phases, industry vertical, and region:
By Component (Revenue, USD Million; 2017–2027)
Solutions
Services
By Deployment (Revenue, USD Million; 2017–2027)
Cloud
On-premise
By Location (Revenue, USD Million; 2017–2027)
Indoor
Outdoor
By Application (Revenue, USD Million; 2017–2027)
Footfall Analytics
Customer Experience Management
Customer Behavior Analytics
Customer Engagement
Customer Loyalty Management
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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The post Wi-Fi Analytics Market Revenue, Driving Factors, Key Players, Strategies, Trends, Forecast Till 2027 | Top Key Players Cisco Systems, Purple, Skyfii, July systems, etc first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
