The Global Market for Outdoor Wi-Fi is Projected to Reach US$37.7 Billion by 2020
The Emerging Era of Digital Nomads &
Focus on Monetizing Outdoor Public Wi-Fi Drives the Outdoor Wi-Fi Market, According
to a New Report by Global
Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Outdoor Wi-Fi market. The
global market for Outdoor Wi-Fi is projected to reach US$37.7 billion by 2020,
driven by the emerging era of digital nomads, extreme remote working, and the growing
focus on monetizing outdoor public Wi-Fi.
Demand
for outdoor Wi-Fi is growing at a healthy pace globally, fuelled by a multitude
of factors which are encouraging the deployment of Wi-Fi networks in public and
private outdoor spaces. Widespread penetration of Internet-enabled mobile
devices such as smartphones and tablet PCs; nomadic use of the Internet by the
current generation of connected on-the-go population; growing global base of remote
mobile workers; deployment of 3.5G and 4G networks; and growing focus on monetizing
outdoor public Wi-Fi, represent few of the major factors spurring growth in the
market. Other factors influencing growth include growing political emphasis on providing
free municipal Wi-Fi, technology improvements in outdoor Wi-Fi technology, and
the emergence of Social
Wi-Fi as the next big thing in digital marketing.
The
Outdoor Wi-Fi marketplace is being strongly influenced by the continued
evolution in IEEE 802.11 Wireless Standards. The newest IEEE 802.11 standards feature
several performance and technological improvements over the standards prevalent
during the mid-2000s. Supported by improved performance and coverage benefits, the
new IEEE 802.11 standard is enabling large-scale roll out of outdoor Wi-Fi
networks spanning longer distances of networked area and with capacity to serve
several hundreds of concurrent end-users in an uninterrupted and seamless manner.
The fifth-generation Wi-Fi embodied by the IEEE 802.11ac standard will
additionally fuel the trend further. Lucrative end-use
markets for outdoor Wi-Fi include Municipalities, Transportation,
Healthcare, Education, Hospitality, and the Retail sector, among others. Growing
investments in smart city projects is driving the popularity of free public
Wi-Fi, thus benefiting demand for outdoor Wi-Fi
hotspots. A large number of municipal Wi-Fi deployments are focused on
providing internet access to citizens in and around busy intersections and high-traffic
pedestrian areas; parks, museums & stadiums; town squares and tourist
attractions; and public parking lots among others. Similarly, outdoor Wi-Fi is growing
in popularity in the transportation sector, with several transportation service
hubs seeking to monetize their Wi-Fi networks by utilizing free outdoor Wi-Fi
as a vehicle to deliver location based services and targeted advertisements and
promotions. The competitive need to offer differentiated services by enriching the
traveler experience, is therefore spurring the deployment of outdoor Wi-Fi
networks at railway stations, bus terminals, and airports.
As stated by the new
market research report on Outdoor
Wi-Fi, the United States represents the
largest market worldwide. Asia-Pacific ranks as the fastest growing market with
a projected CAGR of 18.8% over the analysis period. The growth in the region is
supported by developments in wireless networking infrastructure especially wireless
mesh networks, wider diffusion of high-speed broadband and growing government focus
on providing affordable Internet connectivity to rural areas.
Major
players in the Outdoor Wi-Fi market include Aerohive Networks, Airspan
Networks, Alcatel-Lucent, Alvarion Technologies, Avaya Inc., Cisco Systems
Inc., Ericsson, Extreme Networks, Fortinet, Hewlett-Packard Company, Juniper
Networks, NETGEAR® Inc., Nokia Networks, Ruckus Wireless Inc., Ubiquiti
Networks Inc., Xirrus Inc., and Zebra Technologies, among others.
The
research report titled “Outdoor Wi-Fi:
A Global Strategic Business Report” announced by Global Industry Analysts
Inc., provides a comprehensive review of global market overview, market trends,
growth drivers, strategic industry activities, and profiles of major companies
worldwide. The report provides market estimates and projections in US$ for
geographic markets, such as US, Canada, Japan, Europe (France, Germany, Italy,
UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, and Rest of
Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of
World.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138,
USA, All Rights Reserved.
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