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Market analysis of managed Wi-Fi solutions in the United States,

Posted on by darion

Dublin, July 01, 2024 (GLOBE NEWSWIRE) — The report “United States Managed Wi-Fi Solutions Market, By Region, Competition, Forecast, and Opportunities, 2019-2029F” has been added to ResearchAndMarkets.com offering.

The managed Wi-Fi market in the United States was valued at $6.8 billion in 2023 and is expected to grow robustly over the forecast period at a compound annual growth rate (CAGR) of 14.8% through 2029.

The managed Wi-Fi market in the United States is currently experiencing significant growth, driven primarily by the growing demand for reliable and secure wireless connectivity in both the commercial and residential sectors. As reliance on wireless technology grows, businesses and consumers are looking for managed Wi-Fi solutions that provide seamless network performance, enhanced security, and simplified network management.

This market growth is further accelerated by the ongoing digital transformation across industries, increased adoption of IoT devices, and the need for remote working and learning. Managed Wi-Fi services offer end-to-end solutions including design, deployment, monitoring and maintenance, enabling organizations to focus on their core operations while ensuring uninterrupted and optimized network performance.

Additionally, the market is witnessing innovations in cloud management platforms, AI-powered analytics and enhanced cybersecurity features to meet the evolving connectivity needs of modern businesses and households. This solid expansion is expected to continue as the United States continues to prioritize connectivity solutions in an increasingly connected world.

Key Features:

Report attribute Details
number of pages 86
Forecast period 2024-2029
Estimated market value (USD) in 2024 $6.8 billion
Projected market value (USD) by 2029 $15.71 billion
Compound annual growth rate 14.8%
Regions covered United States

Key factors driving the market

Growing demand for seamless connectivity

  • Meaning:Businesses and homes need reliable and efficient Wi-Fi connectivity to conduct business and carry out daily activities.
  • Managed Wi-Fi Role:Essential for ensuring network consistency, managing IoT devices, and supporting digital transformation.
  • Benefits:Simplifies network management, increases user comfort and ensures uninterrupted connectivity.

Evolving work and learning environments

  • Impact on the market: The shift towards remote work, e-learning and teleworking requires robust and secure Wi-Fi solutions.
  • Managed Wi-Fi Solutions: Support remote network management, ensure data security, and facilitate flexible work and learning environments.
  • Hit:Critical infrastructure to maintain productivity and enable seamless access to resources from any location.

The spread of the Internet of Things (IoT).

  • Market growth:The rapid growth of IoT devices requires robust Wi-Fi networks to ensure data transmission and operational efficiency.
  • Managed Wi-Fi management:Segments traffic, prioritizes bandwidth, and enhances network security to support various IoT applications.
  • Future prospects:The continued growth of the Internet of Things (IoT) is driving continued demand for managed Wi-Fi services tailored to the complexity of IoT networks.

Advanced technology and innovation

  • Technological progress: Cloud management, AI-powered optimization, and enhanced cybersecurity features are reshaping managed Wi-Fi services.
  • Supplier Innovation: develops scalable, secure and performance-enhancing solutions that adapt to changing connectivity needs.
  • Market development:A call to enterprises seeking agility, reliability and advanced network capabilities to support digital initiatives.

Government initiatives and digital inclusion

  • Government Support:Broadband expansion and digital equity programs are driving adoption of managed Wi-Fi solutions.
  • Community impact: Partnerships with local governments expand connectivity to underserved areas, improving access to education and health care.
  • Market growth:Expands market reach, stimulates infrastructure investment and solves social connectivity challenges.

Key Market Challenges

Safety concerns

  • Exposure to risk:Managed Wi-Fi networks are facing increasing cybersecurity threats, including data breaches and malware attacks.
  • Mitigation Strategies: Implement robust security measures such as encryption, intrusion detection, and threat intelligence to protect networks.
  • Compatibility: Navigate complex regulatory requirements (e.g., data privacy regulations) to protect user data and maintain trust.

Network Congestion and Bandwidth Management

  • Impact on performance: Increasing device connections are putting strain on networks, leading to congestion, reduced speeds, and degraded user experience.
  • Management complexity:Requires efficient bandwidth allocation, traffic prioritization and network optimization to reduce congestion.
  • Technological solutions:Use AI-powered analytics and Wi-Fi 6 adoption to improve network performance and meet growing bandwidth demands.

Compliance with regulations

  • Regulatory landscape: Navigate federal, state, and local regulations governing Wi-Fi networks, data privacy, and spectrum use.
  • Compliance Challenges: Meeting various compliance requirements (e.g. net neutrality, licensing) while ensuring operational continuity and regulatory compliance.
  • Adaptability:Continuously updating practices and policies to align with changing regulatory frameworks and mitigate legal risk.

Quality and reliability of services

  • User expectations:Businesses and consumers rely on uninterrupted Wi-Fi services for critical operations and daily activities.
  • Operational requirements:Maintain network uptime, reliability and rapid resolution to meet service level expectations.
  • Technical Support: Invest in solid monitoring tools, troubleshooting capabilities, and trained staff to ensure service quality and customer satisfaction.

Key market trends

Cloud Management and Services

  • Adoption: Businesses prefer cloud-based solutions due to their flexibility, scalability, and centralized management of Wi-Fi networks.
  • Operational efficiency:Remote monitoring, configuration updates, and automatic maintenance streamline network management.
  • Market Impact:Reduces IT workload, increases agility, and supports rapid deployment of new services and security updates.

Network optimization based on artificial intelligence

  • Technology Integration:Artificial intelligence and machine learning improve Wi-Fi performance with real-time analytics and automatic adjustments.
  • Performance improvements:Optimizes bandwidth allocation, reduces network congestion and improves user experience.
  • Future Direction: Continues performance gains, predictive maintenance, and proactive network management strategies.

Wi-Fi 6 (802.11ax) implementation

  • Technological progress:The Wi-Fi 6 standard delivers faster speeds, throughput and performance in high-density environments.
  • Implementation in industry: Managed Wi-Fi providers are modernizing their infrastructure to support Wi-Fi 6, meeting growing demands for faster, more reliable connectivity.
  • Market development: Expands the capabilities of IoT applications, media streaming and enterprise networks.

Enhanced network security services

  • Security integration: Managed Wi-Fi services include advanced security features such as intrusion detection, content filtering, and AI-powered threat intelligence.
  • Risk mitigation: Protects against evolving cyber threats, ensures data privacy and increases network resilience.
  • Consumer trust: Differentiates vendors by offering comprehensive security solutions that address customer concerns and regulatory requirements.

Wi-Fi as a Service (WaaS)

  • Service model: Subscription-based WaaS service offers cost-effective, scalable Wi-Fi solutions with included hardware, software, and support services.
  • Market attractiveness: Attractive to companies looking for flexible deployment options, reduced upfront costs and simplified network management.
  • Benefits of adoption: Facilitates budget predictability, scalability, and access to advanced Wi-Fi technologies without the barriers of capital investment.

Key market players

  • Cisco Systems, Inc.
  • Hewlett Packard Enterprise Development LP
  • CommScope, Inc. Website
  • Fortinet, Inc.
  • Juniper Networks, Inc.
  • Cambium Network Corporation
  • BlueAlly, Inc. Website
  • Ubiquiti Inc.
  • Extreme Networks, Inc.
  • Adtra limited liability company

Report scope:

United States Managed Wi-Fi Solutions Market by Component:

United States Managed Wi-Fi Market by Network Service:

  • Network audit and testing
  • Network consulting

United States Managed Wi-Fi Solutions Market by Infrastructure Services:

  • Survey and analysis
  • Installation and delivery

United States Managed Wi-Fi Solutions Market by Industry:

United States Managed Wi-Fi Solutions Market by Region:

  • Southern USA
  • Midwest USA
  • Northeastern United States
  • Western USA

More information about this report can be found at https://www.researchandmarkets.com/r/12iyuv

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