Carrier Wi-Fi Market in Network Management Software Is Projected to Hold the Highest Industry Share by 2024
Asia Pacific is considered the strongest region of growth in the carrier Wi-Fi market due to an increase in the number of mobile subscriptions in countries including India and China
Sellbyville, DE -- (SBWire) -- 04/26/2019 --The latest Carrier Wi-Fi Market Research Report 2024 contains complete Industry outlook, market manufacturers and key statistics analysis. The industry sales & Share, trends are all discussed, explained and analyzed. It provides marketing strategy analysis, distributors/traders list, raw materials analysis, import and export analysis, key success factors and supply chain analysis.
The carrier Wi-Fi market has penetration into software such as network management, network monitoring & intrusion prevention, and network performance analytics. The network management software is projected to hold the highest market share as it offers various benefits to the mobile operators such as reduced power usage, service flexibility, and enhanced service environment including location-based & data analytics services, accelerating the market demand.
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Carrier Wi-Fi technology is also being used by the operators worldwide to enable cloud-based applications and meet the high bandwidth requirements driving the carrier Wi-Fi market growth. It delivers various features such as scalability, wide area mobility, network management, carrier-grade security, and fewer service interruptions, driving its adoption in the market. It is also considered as a cost-effective solution in deploying public hotspots in various restaurants, public places, and university campuses, accelerating the internet penetration rate in developing nations.
Various companies also anticipated to increase their carrier Wi-Fi investments by 2020, in terms of 5G network development, driving the market growth. Furthermore, security has always been a concern for the open Wi-Fi networks as unprotected Wi-Fis can hamper the user and organizational data, leading to huge loses. Carrier Wi-Fi delivers enhanced security by hardening the Wi-Fi network and in turn protecting it from security threats such as spam, spoofing, and viruses, motivating the demand for the carrier Wi-Fi market.
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Asia Pacific is considered the strongest region of growth in the carrier Wi-Fi market due to an increase in the number of mobile subscriptions in countries including India and China. There is also a rise in the demand for smartphones in this region, paving new growth opportunities for the telecom operators. The rate of requests for proposals from various mobile operators is increasing with countries including China, Indonesia, and India, driving the growth.
The carrier Wi-Fi market is fragmented with the existence of a substantial number of players. Some of the major players present in the market are Airspan, Alcatel-Lucent, Cisco Systems, Aruba Networks, ADTRAN, BelAir Networks, Ericsson, Hewlett-Packard, Motorola Solutions, and Ruckus Wireless. These players are making huge investments in R&D and bringing about strategic business collaborations to expand their presence in the competitive carrier Wi-Fi market.
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