Artificial Intelligence
Wi-Fi as a Service Market Projected to Cross USD 12.2 Billion by 2030 with a CAGR of 20.1% – Report by Market Research Future (MRFR)
New York, US, June 08, 2022 (GLOBE NEWSWIRE) — Wi-Fi as a Service Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Wi-Fi as a Service Market Analysis by Hardware, By Service, By Industry, By Organization Size – Forecast 2030” valuation is poised to reach USD 12.2 Billion by 2030, registering an 20.1% CAGR throughout the forecast period (2021–2030).
Wi-Fi as a Service Market Report Scope:
The wi-fi as a service market outlook appears promising, witnessing the rising demand. The benefits of wifi-as-a-service are immense for enterprises of all sizes. The most prominent ones are improved customer experience, sophisticated connectivity, and user intelligence from location-based analytics. Of course, the proliferation of smart connected devices and wi-fi networks is an equally important factor.
| Report Metric | Details |
| Market Size | USD 12.2 Billion |
| CAGR | 20.1% |
| Base Year | 2020 |
| Forecast Period | 2021-2030 |
| Historical Data | 2019 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Hardware, Service, Industry, Organization Size and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Cisco Systems Inc. (US), Telstra Corporation Limited (Australia), Singapore Telecommunications Limited(Singapore), Fujitsu Limited(Japan), Rogers Communication Inc. (US), Hewlett Packard Enterprise Company(US), Big Air Group Limited(Australia), Ruckus Wireless (US), Zebra Technologies Corporation (US), and IPASS Inc. (US) |
| Key Market Opportunities | With the high adaptation of advanced new technology, small and medium enterprises require automated, cost-efficient, flexible, and scalable Wi-Fi networks |
| Key Market Drivers | Rising Demand for Industrial-Grade Private Wireless Solution Enhances Market Size |
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Wifi-as-a-service networks allow enterprises to engage with end consumers through location-based advertising and optimize their experience. Choosing the WaaS subscription model allows organizations to gain enterprise-grade wireless networks with enhanced security and expertise while avoiding extra expenses and short life cycles.
The WiFi-as-a-Service (WaaS) model refers to subscription-based services that integrate three essential components such as software, infrastructure, and managed services. Many companies are now progressively turning to the WaaS model to ensure reliable wireless connectivity through internal WiFi access to their clients and staff.
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At the same time, industry players or service providers are increasingly working to improve their capabilities to support wireless networks for such organizations. Many service providers are improving their industrial connectivity edge-centric solution portfolio with the digital automation cloud wi-fi solution. Besides, the rising demand for industrial-grade private wireless solutions with Wi-Fi to provide more connectivity options for industries drives the market growth.
The secure, low-latency and reliable connectivity allow enterprises to access, analyze, and work on operational data in real-time to avail new capabilities and improve efficiencies. Many organizations embrace Industry 4.0, so wireless networks have become crucial to connecting industrial assets. Therefore, organizations are increasingly implementing various technologies and Wi-Fi solutions & services to connect assets.
Also, many are upgrading to Wi-Fi 6 to improve capabilities for connected legacy assets and services. Organizations strive to tap into a license-free spectrum to enhance their private networks and support non-business-critical Operational Technology (OT) workflows to access machine maintenance data. However, these organizations need broad support for connecting machines, sensors, and people to accelerate their Industry 4.0 journey.
The wi-fi as a service model allows these organizations to leverage cloud-based operations & manage interface for all connectivity technologies independently, add plug & play private wireless like 4.9G/LTE/ 5G for reliable real-time connectivity, or boost capacity with Wifi6 for other connectivity needs. It also provides unparalleled flexibility and significant cost efficiencies with single platform operations.
Wi-Fi as a Service Market Segments
The Wi-Fi as a service market is segmented into hardware, services, organization size, locations, industries, and regions. The hardware segment comprises a gateway, antenna, wireless LAN controller, wireless access point, and others. The service segment comprises network planning & designing, cloud access point, support & maintenance, and others.
The organization size segment comprises small & medium scale businesses and large scale businesses. The location segment comprises indoor and outdoor locations. The industry segment comprises manufacturing & retail, education, healthcare, and others. By region, the analysis is segmented into the Asia Pacific, Americas, MEA, Europe, and the rest of the world.
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Wi-Fi as a Service Market Regional Analysis
North America leads the global wi-fi as a service market. Large technological advances and well-established infrastructure in the region drive the wi-fi as a service market. Moreover, the rising numbers of wi-fi users and the early adoption of advanced IoT & artificial intelligence (AI) technologies increase the region’s wi-fi as a service market share.
Industry Trends
Other major factors fuelling the wi-fi as a service market revenues include the penetration of computer-aided systems, wearable technology, IoT, and automation technologies. Also, the proliferation of wi-fi hotspots and smart devices is expected to create significant opportunities for the market players in the coming years.
Besides, the rising automation and use of IIoT devices in manufacturing industries are expected to create substantial market demand. Similarly, increasing trends like smart homes and smart city projects worldwide are expected to provide immense impetus to the growth of the wi-fi as a service market.
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Wi-Fi as a Service Market Competitive Analysis
Dominant Key Players on Wi-Fi as a Service Market Covered are:
- Cisco Systems Inc. (US)
- Telstra Corporation Limited (Australia)
- Singapore Telecommunications Limited(Singapore)
- Fujitsu Limited(Japan)
- Rogers Communication Inc. (US)
- Hewlett Packard Enterprise Company(US)
- Big Air Group Limited(Australia)
- Ruckus Wireless (US)
- Zebra Technologies Corporation (US)
- IPASS Inc. (US)
The wi-fi as a service market witnesses several strategic approaches, such as mergers & acquisitions, partnerships, expansion, collaboration, and product/ technology launches. These market players make significant investments to drive research and development activities and expansion plans.
For instance, recently, on May 01, 2022, Starlink from SpaceX announced its partnership with airlines to offer improved in-flight wi-fi services. Flight passengers have been requesting in-flight wi-fi service to remain connected to the internet, even at high altitudes. Of course, some airlines have been offering in-flight wi-fi services to passengers currently, but they are expensive and nowhere near a good Wi-Fi setup in terms of speed.
Therefore, Starlink decided to change these scenarios with improved in-flight wi-fi services. SpaceX has also started to deal with airline companies to offer satellite-based internet services to flyers. The company has also secured deals with Hawaiian Airlines and charter airline JSX to bring its Wi-Fi services on their flights, and both airlines confirmed that they are planning to offer these in-flight Wi-Fi services to passengers for free. The idea of bringing improved in-flight Wi-Fi has been on the mind of Starlink for a while now, and it was developing an aviation product.
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
BEIJING, April 26, 2024 /PRNewswire/ — A news report from China Daily:
Greater efforts are needed to strengthen international cooperation in science and technology, explore ways of jointly solving important global issues through technological innovation, and develop new quality productive forces, said officials, experts and company executives on Thursday in Beijing.
Addressing the opening ceremony of the 2024 Zhongguancun Forum, Vice-Premier Ding Xuexiang said China is willing to work with the international community to practice the concept of open, fair, just and nondiscriminatory international sci-tech cooperation, and to jointly build a global sci-tech community.
The country will explore a new model regarding mutually beneficial global cooperation in sci-tech innovation, and will break down barriers restricting the flow of knowledge, technology, talent and other innovative factors, to jointly create an open innovation ecosystem.
Yin Li, secretary of the Communist Party of China Beijing Municipal Committee, said the capital will ramp up efforts to improve its innovation capacities, accelerate the building of world-leading science and technology parks, increase investment in basic research and make breakthroughs in core technologies in key fields.
Data from the Ministry of Science and Technology showed that China’s research and development investment exceeded 3.3 trillion yuan ($455.4 billion) in 2023, up 8.1 percent year-on-year, and the spending on fundamental research reached 221.2 billion yuan, an increase of 9.3 percent over the previous year.
China’s strength in scientific and technological innovation has taken a major leap in recent years. Marco Aleman, assistant director-general of the World Intellectual Property Organization, said China is a powerhouse of innovation that contributes to global growth and sustainable development.
According to WIPO, the country stands as a global innovation leader, ranking 12th in the Global Innovation Index 2023, and it owned 24 of the top 100 science and technology clusters globally by the end of last year, ranking first in the world for the first time.
Quarraisha Abdool Karim, president of the World Academy of Sciences, said ensuring a sustainable future through partnership and cooperation creates an opportunity for all participants to explore new pathways toward achieving the United Nations’ Sustainable Development Goals.
Lei Jun, founder and CEO of Chinese tech company Xiaomi Corp, said the company will continue to step up investment in R&D and strive for breakthroughs in core technologies.
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Artificial Intelligence
Web O.No: Metaverse and Web 3.0 stunted by internet chaos, warn 87% of business leaders
Forrit report uncovers the internet is at breaking point, thanks to open source vulnerabilities, siloed web management systems, and poor website governance.
LONDON, April 26, 2024 /PRNewswire/ — A new study launched by Forrit, the next-generation, global content management system (CMS) provider, reveals that 89% of senior marketers and tech leaders are optimistic that Web 3.0 and the metaverse have the potential to revolutionise the way we interact with the web. However, the report, titled Web O.No: your business’ bleak online future and how to avoid it uncovered that 87% believe the current state of the internet will stunt these innovations – and none of the respondents have websites that are currently equipped for this transformative new internet era.
As we near the 31st anniversary of the World Wide Web’s entry into the public domain, UK business decision-makers unanimously agreed that “the Internet today is a mess,” citing security flaws, vulnerabilities with open source web management systems, ungoverned websites, and multiple layers of legacy CMS systems.
Despite the report focusing on heavily regulated industries, financial services, utilities, and the legal sector, over half of the respondents (57%) revealed they have website security flaws. They also admitted customers would lose trust if they were exposed. Security vulnerabilities were most prevalent among those who run their websites on open source solutions, rising to 79% in this group. Expert respondents underscored the specific risk of open source plug-ins. Created by multiple third-party developers, they leave websites open to malicious compromise.
Beyond cyber-attacks, the report highlights the heightened risk of outages, dysfunctional interfaces, and hazardous content hidden within neglected pages of reputable websites. The latter is a risk for those operating multiple website management (CMS) systems – a common practice among the participants. Shockingly 44% admitted they don’t have control of the website content as a direct result of this practice.
With the internet spiralling out of control, Forrit labels this chaotic online future Web O.No.
Peter Proud, CEO and Founder, Forrit, explains the role of composable CMS platforms in putting the brakes on this doomsday scenario, “Forget Web 3.0, we’re heading towards Web O.No – a grim reality of an internet unfit for purpose unless we act now. It’s time to stop layering on outdated, vulnerable web management systems, which exacerbate the problem. Embracing a next-generation composable web management platform would introduce a new era of security, flexibility, and scalability for the internet, empowering businesses to embrace the future.”
The respondents reinforced this sentiment, with 89% asserting that composable architecture would empower their organisation to future-proof their digital infrastructure. This includes granting them the flexibility to adopt AI into the website—a capability that is inhibited by their current web management system, according to 72% of respondents.
Gary Roberts, CRO, Forrit, underscores this significance: “Your website management platform (CMS) should be an enabler of digital innovation, not a barrier. Embracing composable web architecture removes the current barriers, providing a clear pathway to the future – whether that’s the metaverse, Web 3.0, or any other pioneering tech advancement as yet undiscovered.”
Click here to download Forrit’s report – Web O.No: your business’ bleak online future and how to avoid it.
About ForritUK-based, global content management system provider, Forrit, has been helping large businesses in highly-regulated industries keep their web estate secure, simple-to-scale and easy-to-manage, for the last 10 years.
Our mission? To allow IT and marketing to manage their digital estate in perfect harmony. Through Forrit’s intuitive UI, low code CMS and content management configuration platform (Service Delivery Hub), the CMO and CTO can take joint control of their web estate.
An Azure-native solution, through which businesses can leverage any and all Azure Cloud Services, including AI-powered translation and automated migration, Forrit CMS is future proof and can be scaled or de-scaled as needed.
Sound technical? Not at all. Forrit’s platform requires no prior Azure knowledge or technical expertise to get everything needed from it. The plus to this, the strain is taken off the IT team, and the marketing team can create unrivalled digital experiences and manage content with ease.
With enterprise-grade security to top it off, Forrit’s cloud-native CMS helps businesses simplify their workflows, streamline their marketing efforts and scale at speed, securely.
About the researchCensuswide conducted the research with 505 UK IT and marketing decision-makers between 01.03.24 and 12.03.24. Censuswide abides by and employs members of the Market Research Society, which is based on the ESOMAR principles, and is a member of The British Polling Council.
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Artificial Intelligence
Identity Governance & Administration Market Projected to Reach $24.42 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 25, 2024 /PRNewswire/ — The report titled “Identity Governance & Administration Market by Component (Services, Solution), Modules (Access Certification & Compliance Control, Access Management, Identity Lifecycle Management), Organization Size, Deployment, Vertical – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $8.46 billion in 2023 to reach $24.42 billion by 2030, at a CAGR of 16.34% over the forecast period.
“Navigating Global Identity Governance With Key Strategies for Digital Security and Compliance”
Identity governance and administration (IGA) has emerged as a critical policy-driven approach aimed at fortifying digital identities within organizations, ensuring that proper access is provided to the right individuals for valid reasons. Across the globe, the demand for IGA solutions is on the rise, driven by the need to tackle sophisticated cyber threats, comply with stringent data protection laws, and adapt to the digitization wave sweeping through industries. Challenges include integrating these solutions with pre-existing IT frameworks, primarily in organizations reliant on legacy systems. The North American market, led by the United States and Canada, is at the forefront of this expansion, embracing technological advancements and stringent regulatory standards. Meanwhile, the Europe, Middle East, and Africa (EMEA) region is navigating its unique landscape, with the EU focusing heavily on compliance through GDPR and the Middle East and Africa gradually recognizing the value of digital security. The Asia-Pacific region is witnessing a significant uptrend in IGA solutions adoption, spurred by digital transformation initiatives and cybersecurity awareness, with China and India playing pivotal roles. This global perspective highlights the universal importance of IGA in today’s digital era, highlighting the critical balance between innovation, security, and regulatory compliance in safeguarding digital identities.
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“Navigating the New Normal With The Crucial Role of Identity Governance in Securing Hybrid Work Environments”
As businesses globally embrace the fusion of remote and traditional office work, the need for secure, hybrid workspaces becomes paramount. The shift toward flexible working models, accelerated by the COVID-19 pandemic, highlights the importance of cybersecurity and accessibility in ensuring operational continuity and a better work-life balance. Identity governance & administration (IGA) systems emerge as essential tools within this evolving work landscape. They enable organizations to manage digital identities and access rights effectively, safeguarding sensitive data against unauthorized access across diverse working environments. By ensuring that only credentialed employees can access critical information, regardless of their physical location, IGA solutions stand at the forefront of maintaining cybersecurity compliance and operational integrity. This development signifies a growing demand for robust identity governance frameworks, ensuring businesses remain resilient and secure in remote work and beyond.
“Elevating Security and Efficiency in Organizations through Specialized Identity Governance & Administration Services”
Managed and professional services provide organizations with the specialized expertise necessary for optimizing the performance and security of identity governance & administration (IGA) systems, eliminating the need for such in-depth knowledge internally. Businesses benefit from advanced skills that enhance system functionality and safeguard sensitive data by outsourcing specific IGA tasks. From the initial stages of integration and implementation, ensuring seamless incorporation with existing infrastructures, to ongoing support and maintenance for consistent system reliability and up-to-dateness, these services form the foundation of effective IGA strategies. Furthermore, training and consulting play a pivotal role, equipping companies with the understanding and capability to utilize their IGA systems to the fullest. IGA solution is a critical technological tool designed to streamline the management of user access rights across organizations, bolstering security, operational efficiency, and compliance with regulatory standards. This comprehensive approach to IGA facilitates a more secure, efficient, and compliant organizational environment, empowering businesses to focus on core objectives and ensure their data remains protected.
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“International Business Machines Corporation at the Forefront of Identity Governance & Administration Market with a Strong 7.09% Market Share”
The key players in the Identity Governance & Administration Market include Broadcom, Inc., SAP SE, Oracle Corporation, Microsoft Corporation, International Business Machines Corporation, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Identity Governance & Administration Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Identity Governance & Administration Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Identity Governance & Administration Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/identity-governance-administration
“Dive into the Identity Governance & Administration Market Landscape: Explore 197 Pages of Insights, 654 Tables, and 26 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsIdentity Governance & Administration Market, by ComponentIdentity Governance & Administration Market, by ModulesIdentity Governance & Administration Market, by Organization SizeIdentity Governance & Administration Market, by DeploymentIdentity Governance & Administration Market, by VerticalAmericas Identity Governance & Administration MarketAsia-Pacific Identity Governance & Administration MarketEurope, Middle East & Africa Identity Governance & Administration MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/identity-governance-administration
Related Reports:
Privileged Identity Management Market – Global Forecast 2024-2030Identity & Access Management Professional Services Market – Global Forecast 2024-2030Digital Identity Solutions Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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