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(Hosting-NewsWire.com, September 14, 2018 ) The Global Wi-Fi Market was valued at USD 17.68 billion in 2016 and is projected to reach USD 78.47 billion by 2025, growing at a CAGR of 18.01% from 2017 to 2025.
Wi-Fi is a technology that provides wireless local area network with devices in the specific vicinity of the Wi-Fi’s parameters. Wi-Fi follows the IEEE 802.11x, which is a set of parameters that was developed by the IEEE for the WLAN (wireless local area network) technology. Wi-Fi has a broad spectrum of uses, some of which include browsing, home appliances, automotive sectors, efficient technology and mobile businesses. Wi-Fi can be used in a variety of devices such as video-game consoles, digital cameras and audio players, smart TVs, phones, tablets, and modern printers. Wi-Fi is overall is a technology that is simple to use, expandable, convenient and efficient.
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As there is an increase in the amount of smart device usage in the world, the rate of internet usage is rapidly growing. These factors in addition to the adoption of carrier Wi-Fi, the growing investments by the government as well as the increasing number of smart cities and smart highway infrastructure are factors that drive the market of global Wi-Fi. The security concerns, high co-channel interference, and the security concerns are reasons for the restrains in the market of global Wi-Fi.
Competitive Landscape:
The major players in the market are as follows:
Ubiquiti Networks, Inc. Alcatel-Lucent Aerohive Cisco Systems, Inc. Aruba Networks Ericsson Aptilo Networks Netgear, Inc. Juniper Netwokrs, Inc. Ruckus Wireless, Inc
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