Bharat Book Bureau Provides the Trending Market Research Report on "Global Wifi Analytics Market 2019-2028" under Information Technology category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
According to an analysis by a Triton Market Research, the global wifi analytics market is predicted to grow at a CAGR of 21.38% during the forecasting period 2019-2028.
The rising initiatives by different governments towards the deployment of public free wifi, especially for tourists, are primarily driving the growth of the global wifi analytics market. There is a tremendous increase in the number of smartphone users in several countries due to their declining prices and advancements in technology. This is likely to be another major factor driving market growth.
Rising investments by different companies towards wifi analytics are also favoring market growth. However, the absence of standardized regulatory compliance across the globe is hampering this growth. Lack of infrastructure facilities in developing nations is also challenging market growth. However, the growing adoption of Big Data analytics is creating market opportunities for the studied market.
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The global market report covers the countries from North America, Global, Asia-Pacific, Latin America and the Middle East and Africa.
According to the regional landscape, Asia-Pacific is expected to be the fastest-growing region for the wifi analytics market in the coming years. The rising number of subscriptions for mobile broadband in the region is primarily driving the market growth. Also, there is an increase in cloud migration in countries like India, which is also posing as a favorable factor for the market growth. With the increasing internet penetration, the demand for wifi analytics is likely to increase further in the next few years. This factor is likely to aid the studied market growth.
The major companies in the wifi analytics market are Cisco Systems Inc, Cloud4Wi, Blix, GoZone Wifi LLC, Aruba (Hewlett Packard Enterprise Development LP), Skyfii Limited, Hughes Network Systems LLC, Ruckus Networks (CommScope Inc), RetailNext Inc, Fortinet Inc, Yelp Inc, Purple Innovation LLC and Singtel.
RetailNext is a global-level company, with expertise in retail analytics. The company uses best-in-class video analytics, on-shelf sensors, and wifi detection to inform retailers about how customer engagement and behavior pattern. The RetailNext platform integrates with staffing systems, promotional calendars and weather services for analyzing customer shopping patterns.
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