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.
“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.
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“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.