Global Wi-Fi Analytics Market Report and Forecast 2024-2032

Global Wi-Fi Analytics Market Size

The global Wi-Fi analytics market value reached around USD 10.74 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of about 25% to reach USD 80.11 billion by 2032.

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Global Wi-Fi Analytics Market Growth

Wi-fi analytics refers to the use of wi-fi network data on devices like smartphones and laptops. It includes detailed data on the behaviour of devices, both in the area covered by the wi-fi network and on wi-fi network activity.

Factors such as increasing users of smartphones and the increasing deployment of smart cities are leading to increased public wi-fi hotspots that will boost the growth of the wi-fi analytics industry. The wi-fi analytics market demand revolves around the use of smart devices, the need for consumer understanding, as well as the refinement of the marketing strategy to increase profits. The global lack of consistent compliance with regulations is, however, expected to impede the wi-fi analytics market growth.

Global Wi-Fi Analytics Market Analysis

Cloud deployment is expected to grow at a faster rate during the forecast period. Cloud-based wi-fi analytical systems offer a variety of advantages, including quick deployment, reduced installation, and running costs, lower maintenance costs, 24X7 data accessibility, scalability, protection, and ease of use for small and medium-sized enterprises. Further, the demand in the wifi analytics market is also driven by on-demand solutions that are typically available via the internet and accessible from anywhere, wherever possible. These solutions are usually subscription-based and can be easily adapted.

Global Wi-Fi Analytics Industry Outlook

According to the industry report, in 2024 China leads the global internet user base with 1.05 billion users, representing 74.36% of its 1.412 billion population. India follows with 692 million users, constituting 49.15% of its population. The US, with 311.3 million internet users, has a penetration rate of 93.79% among its 331.9 million residents, reflecting high connectivity levels, and providing opportunity to derive significant wi-fi analytics market revenue.

Indonesia, Brazil, and Russia also have substantial user bases, with 213 million (77.76%), 181.8 million (84.83%), and 127.6 million (88.98%) users, respectively. Nigeria's internet penetration is at 57.41% with 122.5 million users. Japan has an 81.54% penetration rate, equating to 102.5 million users. Mexico and Pakistan show varying trends, with Mexico at 79.4% (100.6 million users) and Pakistan at 37.75% (87.35 million users).

The Philippines (85.16 million, 74.77%), Egypt (80.75 million, 73.88%), and Vietnam (77.93 million, 79.95%) demonstrate significant user bases in Asia and Africa. Germany, with 77.53 million users and a 93.19% penetration rate, highlights Europe's high connectivity. Turkey (71.38 million, 84.19%) and Iran (69.83 million, 79.42%) show strong digital engagement and potential wi-fi analytics market opportunities.

Bangladesh, with 66.94 million users, has a lower penetration rate of 39.52%. The UK leads in penetration at 98.19% with 66.11 million users. Thailand and France have robust figures at 85.49% (61.21 million) and 88.47% (59.94 million), respectively. Italy and South Korea also report high penetration rates of 85.91% and 97.72%, respectively.

Spain, Argentina, and Poland have notable penetration rates of 95.15% (45.12 million users), 86.85% (39.79 million), and 97.17% (36.68 million). These statistics underscore the varying levels of internet adoption globally, driven by factors like population size, infrastructure, and digital policies.

However, home broadband adoption in the U.S. surged between 2000 and 2010, climbing from near zero to over 60%, driven by technological advancements and increased accessibility. Growth stabilized post-2010, with usage fluctuating around 70% to 80%. By 2023, 80% of U.S. adults reported subscribing to home broadband, reflecting a mature and saturated market.

According to the Cisco Annual Internet Report for 2018-2023, global public Wi-Fi hotspots saw significant growth across all regions during this period, with a compound annual growth rate (CAGR) of 30%, thus driving the wi-fi analytics market demand. In 2018, there were 169 million hotspots globally, which increased to 628 million by 2023. The Asia Pacific region led this expansion, accounting for 45% of the total hotspots in 2023, driven by a 37% CAGR. Western Europe followed, holding 23% of global hotspots with a 20% CAGR. North America captured 17% of the market, expanding at a 25% CAGR. Latin America and Central and Eastern Europe exhibited considerable growth, with 9% and 4% shares, respectively, and CAGRs of 37% and 38%. The Middle East and Africa, although comprising only 1% of the total hotspots, sustained a 30% CAGR. These significant contributions from the Asia Pacific and Western Europe underscore their efforts to improve digital infrastructure. Additionally, the impressive growth rates in Latin America and Central and Eastern Europe indicate that emerging markets are prioritizing enhancements in connectivity.

Key Players in the Global Wi-Fi Analytics Market and Their Strategic Initiatives

Skyfii Ltd.

• Developed advanced analytics platforms for real-time visitor insights. 

• Expanded market presence through strategic acquisitions and partnerships. 

• Integrated AI to enhance predictive analytics capabilities.

Cloud4Wi Inc.

• Launched innovative location-based marketing solutions. 

• Enhanced platform security and scalability for enterprise clients. 

• Formed alliances with major telecom providers to expand reach.

Fortinet, Inc.

• Strengthened Wi-Fi security features with advanced threat detection.

• Integrated analytics into network management solutions. 

• Expanded cloud-based offerings for comprehensive data insights.

Hughes Network Systems LLC

• Focused on providing analytics for high-traffic public Wi-Fi networks.

• Developed robust data analytics tools for network performance optimization. 

• Collaborated with retail and hospitality sectors for customized solutions. 

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Global Wi-Fi Analytics Industry Segmentation

“Global Wi-Fi Analytics Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Component

• Solutions

• Services

Market Breakup by Deployment

• Cloud

• On-Premises

Market Breakup by Application

• Marketing and Advertising

• Customer Engagement and Experience Management

• Customer Behavior and Security Management

Market Breakup by End Use

• Transport

• Retail

• Sports and Entertainment

• Hospitality

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

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Wi-Fi Analytics Market Share

The rising adoption of the Internet of Things (IoT)-enabled smart devices across the globe represents one of the key factors driving the growth of the w-fi analytics market. This is further supported by the increasing number of smart cities, which has resulted in the installation of Wi-Fi hotspots in public places, like transportation hubs, shopping complexes, shared taxis, and train stations. Moreover, various companies are launching innovative Wi-Fi analytics solutions that enable visitor count, path analysis, and critical metrics in smart infrastructure stores, office buildings, and organizations.

Other factors, including government regulations to support more secure applications of Wi-Fi analytics and extensive investments in public infrastructure to build smart cities, hospitals, and transportation infrastructure are expected to bolster the market growth in the coming years.

Leading Companies in the Wi-Fi Analytics Market

The company excels globally in satellite and multi-transport technologies, providing broadband solutions for businesses and consumers. Their managed network services, such as satellite Internet and enterprise solutions, are tailored for remote locations and mobile assets, ensuring reliable connectivity on a global scale.

• Skyfii Ltd. (ASX: SKF) 

• Cloud4Wi Inc. 

• Fortinet, Inc. (NASDAQ: FTNT) 

• Hughes Network Systems LLC 

• Yelp Inc. (NYSE: YELP)

Key Highlights of the Report

Wi-Fi Analytics Market Report Snapshots

Wi-Fi Analytics Market Size

Wi-Fi Analytics Market Growth

Wi-Fi Analytics Market Analysis

Wi-Fi Analytics Market Share

Wi-Fi Analytics Companies