Carrier Wi-Fi Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023
Albany, NY -- (SBWIRE) -- 05/10/2016 -- A new market research study, titled "Carrier Wi-Fi Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023," by Transparency Market Research provides a comprehensive analysis of the market. The key growth drivers, opportunities and challenges, barriers, product segmentation, major geographical segments, and competitive scenario of the global carrier Wi-Fi market have been discussed in the research report.
In the last few years, Wi-Fi technology has gained traction as it is being implemented in several devices such as tablets, phablets, smartphones, and other electronics. The growing use of Wi-Fi for these devices and the increasing number of mobile equipment have resulted in a high growth of wireless data traffic. As a result, service providers have to struggle for upgraded network capacity and growing network demand in order to safeguard smooth connectivity for consumers.
At present, Wi-Fi technology is considered a crucial offering, as it can help service providers in boosting their sales and creating a brand name in the overall market. Apart from convenience and speed, service providers are focusing on an improved customer experience, which is considered a major driver in boosting the demand for carrier Wi-Fi in the global market. Moreover, carrier Wi-Fi helps in enhancing the quality of service and increasing revenue generation. Thus, the market is estimated to grow substantially with a rise in the number of carriers in the next few years.
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By geography, the global carrier Wi-Fi market has been divided into Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Among these, Asia Pacific is anticipated to grow at a fast pace throughout the forecast period, owing to the soaring mobile traffic and rising penetration of smartphones in the region. Moreover, mobile subscriptions in China and India are increasing rapidly, resulting in a surge in the demand for carrier Wi-Fi in this region. As a result, several potential opportunities are created for telecom operators in this region. On the other hand, the U.S. market for carrier Wi-Fi is projected to witness rapid growth, thanks to the fluctuating loads of networks and increasing data traffic.
The research study further covers the competitive landscape of the global carrier Wi-Fi market, including a detailed analysis of the leading players operating in the market. In addition, a SWOT analysis of these players has also been included in the study to provide a clear picture of the market for the decision-makers and entrants. Some of the prominent players mentioned in the global carrier Wi-Fi market are Aruba Networks Inc., ADTRAN Inc., BelAir Networks Inc., Alcatel-Lucent Inc., Airvana Inc., Huawei Technologies Co. Ltd., Ruckus Wireless, and Cisco Systems Inc.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.