Inkwood Research
predicts that the Global Wifi Analytics Market is estimated to record a CAGR of
19.43% in terms of revenue during the forecasting period of 2020-2028.
“Browse 43
Market Data Tables and 45 Figures spread over 145 Pages, along with an in-depth
TOC on the Global Wifi Analytics Market Forecast 2020-2028.”
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The prominence of
wifi networks and devices has been relentlessly increasing, across the world.
wifi analytics entails the usage of wifi networks to collect data on devices
like laptops and smartphones. It also contains detailed information on device behavior.
It is associated with detecting devices connected to wfFi access points, which,
in turn, helps analyze consumer behavior and the market's evaluation.
Growing Investments in Wifi Analytics
is driving the Global Market
The launch of
quantifiable business outcomes in major companies has dramatically increased
due to their investments in the field of data analytics. As a result, their
competitors have started increasing their investments in wifi analytics, to
avoid losing potential gains. According to research conducted, most enterprises
are expected to either expand their use of big data in an HR function or begin
using it shortly. Human talent is proven to be a competitive benefit within an
economy that is driven by knowledge. Thus, data analysis that assists
organizations in encouraging, attracting, and preserving the right individuals
is a matter of executive interest.
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Service - the Fastest-growing Component
Category
Wifi analytics
services primarily comprise professional and managed services. They include
significant components of a solution package, except for a customized program
that caters to specific requirements. Consultation services also assist customers
by offering information, advice, and analysis to create updated and efficient
decisions. The segment also concentrates on client needs, which subsequently
helps enhance the wifi analytics solution performance. As services steadily
reduce the duration and expenses associated with augmenting systems, this
segment in the component category is predicted to witness the highest growth
rate during the forecast period.
Asia Pacific to Mark its Presence in
the Global Market By 2028
An increase in
technology expenditures, the rise in demand for cost-effective analytical
software and services amongst SMEs, and the transition of businesses from
on-premise cloud-enabled wifi analytics have influenced market growth in the
Asia Pacific region. Moreover, an added demand for enhanced efficiency in
activities related to marketing is also predicted to fuel the region's market
growth. The wifi analytics market has an added advantage in India due to a rise
in demand for mobile broadband subscriptions and cloud migration, integrated
with the population of the country. In South Korea, stable investments within
the ICT and telecommunications infrastructure have provided excellent support
to the surging demands for national and international communications.
There are a moderate
number of rivals in the wifi analytics market. However, new entrants are deemed
as a moderate to high threat. This is due to high investment expenses and legal
barriers. Some of the distinguished companies functioning in the market are
Skyfii Limited, Cisco Systems Inc., Purple, Singtel, Gozone WiFi LLC.,
etc.
About
Inkwood Research
Inkwood Research specializes in
syndicated & customized research reports and consulting services. Market
intelligence studies with relevant fact-based research are customized across
industry verticals such as technology, automotive, chemicals, materials,
healthcare, and energy, with an objective comprehension that acknowledges the
business environments. Our geographical analysis comprises of North & South
America, CEE, CIS, Middle East, Europe, Asia, and Africa.
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