Market Size of Public Wi-Fi Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 0.75 Billion units |
| Market Volume (2029) | 2.49 Billion units |
| CAGR (2024 - 2029) | 27.03 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Public Wi-Fi Market Analysis
The Public Wi-Fi Market size is estimated at 0.75 Billion units in 2024, and is expected to reach 2.49 Billion units by 2029, growing at a CAGR of 27.03% during the forecast period (2024-2029).
With the growing push toward 5G technology across the developed economies, mobile subscriptions are expected to see exponential growth. According to the Ericsson's report in 2020, North America's LTE subscriptions stood at 350 million and reduce to 80 million by 2026 as the demand for 5G subscriptions is expected to gain traction. The 5G subscription in the region in 2019 stood at one million and is expected to reach 340 million by 2026.
- As an end user in the mobile-driven world, for heavy bandwidth applications and client dense scenarios outdoors, the market players are ever more reliant on a good Wi-Fi connectivity.
- Players have started offering emerging technology-enabled solutions, which will leverage the market growth of the outdoor Wi-Fi technology. Companies like Grandstream Networks, a communication technology provider, has developed outdoor long-range 802.11ac Wave-2 Wi-Fi access points, which are equipped with the embedded controller and it supports centralized, scalable management system choices like cloud hosted /cloud SaaS or a premise-based Virtual WLAN controller.
- These access points are also equipped with enhanced features, networking standards and protocols like MU-MIMO technology, multiple SSIDs, band steering, dual-2.4GHz/5GHz radio bands, gigabit ethernet ports with PoE/PoE+,802.11ac, mesh networking, 802.11ac Wave 2, captive portal for enterprise branding experiences, client steering, and client bridge function.
- Juniper Networks is launching four new AI-powered, Wi-Fi 6-enabled access points, which will help partners address new application cases being driven by the COVID-19 pandemic. The newly developed solution to Juniper's Wi-Fi portfolio target outdoor applications for businesses, which are now operating remotely, and small businesses, which need to be mindful of costs.
