Market Overview
Carrier Wi-Fi is an auto-connection feature that uses encrypted IMSI, allowing devices to automatically connect to carrier-implemented Wi-Fi networks. The global Carrier Wi-Fi Equipment Market Growth is anticipated to meet a market value of USD 7 billion in the forecast period. Further, the worldwide market is projected to reach a CAGR of nearly 25% during the forecast period of 2017 to 2023. Basically, the carrier Wi-Fi has many features like support for hotspot 2.0,wide-area mobility, quality of experience and service, scalability, carrier-grade security, network management support, and interaction with the RAN network. These important features help improve the network capabilities and create lucrative Carrier Wi-Fi Equipment Market Size for the market players.
The carrier Wi-Fi has the main capacity to enhance the Wi-Fi network with specific characteristics such as interference protection and network management. Generally, the carrier Wi-Fi is used to keep a session going in switching between Wi-Fi networks.
However, the global market growth might get hindered due to the privacy and security concerns connected with commercial or personal data. Additionally, this issue over privacy and security might create more challenges for the global market.
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Market segmentation
According to the Carrier Wi-Fi Equipment Market Analysis, the global market is segmented based on type, applications, and end-users. Hence, the global market is predicted to witness significant growth in the assessment period.
Based on the application segment, the global market has been segmented into carrier Wi-Fi in 4G and 3G networks.
Based on the type segment, the global market has been segregated into three types such as fixed carrier, third-party, and mobile carrier. The end-user segment has classified the worldwide market into IT or telecommunication, enterprises, utilities, residential, and government.
Regional Analysis
As per the Carrier Wi-Fi Equipment Market Forecast report, the global market has been segregated based on various geographical locations such as the middle-east, and Africa, Latin America, North America, and Europe.
Regionally, the carrier Wi-Fi equipment industry has the high contribution of the United States. This region is expanding its market share in the research period due to market giants like Cisco Systems, Inc, Aruba Networks, Ruckus Wireless, Inc, Aerohive Networks, and Hewlett Packard Enterprise Development LP.
Moreover, the Asia Pacific region is predicted to enhance the highest growth rate of the global market in the review period. This Asia Pacific region is growing due to the growing data traffic in cellular networks and increasing carrier Wi-Fi access services popularity as a premium service. Another growth factor for this regional market is the growing number of mobile users in China and India. Moreover, this regional market is generating various chances to grow in the global market with the rising mobile traffic in these nations and the high adoption of smartphones.
Industry News
Two prominent carrier Wi-Fi equipment providers in the global market named Huawei Technologies Co. and Brocade Communications. These prominent market players are anticipating to expand the revenue growth due to the increase in the deployment of Wi-Fi access points and 4G dual-mode small cells.
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Carrier Wi-Fi Equipment Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
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