Wi-Fi Market Size, Share, Trends | Growth Industry Report 2028
Wi-Fi market reached at USD 9.4 billion in 2020, and is estimated to touch USD 34.9 billion in 2028, growing at a significant CAGR of 17.8% during 2021-2028. The factors driving the growth of Wi-Fi Market includes emerging trend of Bring Your Own Device (BYOD), widespread use of Wi-Fi across industry verticals such as Retail, E-Commerce and Education, commercialization of 5G technology, increasing penetration of smartphones, tablets and connected devices and improvements in the living standards. Moreover, technological innovations in wireless and smart devices, expansion of the telecom industry, rise in the launch of innovative products, increasing number of smart homes devices around the world and rapid urbanization, are some of the additional factors supplementing the Global Wi-Fi Market . In addition, the increasing investments by leading players on research and development, rising disposable incomes, strategic collaborations between major companies and growing population grow...