The global Wi-Fi market that includes indoor, outdoor and the transportation segment is forecast to grow from $12.89 billion in 2014 to $26.19 billion by 2019, according to MarketsandMarkets. The same report also highlights that North America is expected to be the biggest market in terms of revenues, while Asia Pacific and Latin America are expected to experience increased market traction during the forecast period.
In addition to cutting down costs involved in network wiring across businesses and enterprises and faster maintenance and support for networks, Wi-Fi deployments have also enabled enterprises to drive their Bring Your Own Device (BYOD) initiatives, given the availability of cloud based management platforms that can securely authorize and authenticate users on the network.
In addition, WiFi deployment in the transportation sector such as on high speed trains is facilitated by the newer backhaul technologies such as LTE based train-to-ground wireless communications systems, boosting adoption in this segment.