The outdoor Wi-Fi market has been forecast to increase at a compound annual growth rate (CAGR) of 16% over the next five years, increasing from a value of approximately $15.4 billion at the beginning of 2013, to hit a market value of $37 billion by 2018.
Demand for outdoor Wi-FI access hotspots, such as the ones offered by cafes, airports and municipalities, is skyrocketing as the number of smartphones, tablets, laptops and Wi-Fi-enabled consumer electronic items have increased rapidly in the market. This has created a critical demand for uninterrupted connectivity of data and information among users of Wi-Fi-enabled devices.
Wireless networking has become pervasive and Wi-Fi enabled devices can be found across numerous environments. Wireless access is no longer confined to the home environment, as 3G technology is no longer able to adequately meet speed requirements in outdoor settings.
As demand for outdoor connectivity keeps growing, deployments of outdoor Wi-Fi solutions are occurring at a brisk pace. The market is getting an additional boost from the expanding army of mobile workers, who need to access enterprise data on the move.
Although it remains rare, there are a few cities which now have outdoor Wi-Fi provided by a local council or company.
Wi-Fi has also evolved from various architectures with various standards in 802.11. It is now operated in 5GHz and 60GHz bands enabling multiple user configurations. This has made new business models to evolve in each stage of this transition, which in turn has opened up significant market potentials globally.
Hot Spots, Machine to Machine (M2M), Carrier Wi-Fi, Outdoor Wi-Fi, Wi-Fi on the Go and In-Flight Wi-Fi are some of the most lucrative sectors within the industry. Out of these, outdoor Wi-Fi has gained the most traction since it also covers the need for indoor Wi-Fi connectivity in the area.
For more information on the outdoor Wi-Fi market, see the latest research: Outdoor Wi-Fi Market
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