Rapid Adoption of Emerging Technologies to Aid North America Wi-Fi Analytics Market to Grow at 27% CAGR until 2023
Growing investments in advanced tools and technologies,
increasing competition between online and offline retail businesses, and
surging user base of internet and smart devices to drive North America Wi-Fi
analytics market through 2023
According to
TechSci Research report, “North
America Wi-Fi Analytics Market By Component, By Deployment Type, By Location,
By Application, By Industry, By Country, Competition Forecast &
Opportunities, 2013-2023”, Wi-Fi analytics market in North America is forecast to
grow at a CAGR of 27% during 2018-2023. Growth in the market is expected to be
driven by strong penetration of smart devices, such as smartphones, tablets,
etc., as well as internet across the region. Moreover, deployment of public
Wi-Fi systems across various physical venues such as retail shops and airports,
rapid adoption of emerging technologies and growing competition between online
and offline retail businesses are expected to boost demand for Wi-Fi analytics in
North America.
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Cisco Systems, Inc., Hewlett Packard
Enterprise Company, Fortinet, Inc., ARRIS INTERNATIONAL PLC and July Systems,
Inc. are the major companies operating in the North America Wi-Fi analytics
market. Some of the other factors that would have a positive impact on the
market are increasing IoT adoption across
various industries and growing deployment of enhanced Wi-Fi technologies such
as 802.11ac Wave 2 and 802.11ax.
With the increasing need to reduce operational costs,
more and more industries are shifting their focus towards cloud services,
consequently deploying their software, services and solutions on the cloud.
Owing to which, cloud deployment type is anticipated to emerge as the fastest
growing segment in the region’s Wi-Fi analytics
market during the forecast period. The United States is the largest
demand generating region for Wi-Fi analytics in the region, backed by the presence
of several major Wi-Fi analytics vendors and rapid adoption of emerging
technologies.
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“Implementation of
rigorous rules and regulations across various sectors using Wi-Fi enabled
location data tracking is set to secure the privacy of individuals in North
America. Adoption of social networking media across various industries and
investments in emerging technologies, such as big data analytics is growing in
the region, which in turn is expected to further push demand for Wi-Fi
analytics in the region over the course of next five years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“North America Wi-Fi
Analytics Market By Component, By Deployment Type, By Location, By Application,
By Industry, By Country, Competition Forecast & Opportunities, 2013-2023” has evaluated the future growth potential of Wi-Fi
analytics market in North America and provides statistics and information on
market structure, size and trends. The report is intended to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities present in North
America Wi-Fi analytics market.
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