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Wi-Fi Market Share & Global Industry Forecast Report, 2021-2028
The GMI Research envisages an elevation in the demand of the Wi-Fi Market over the forecast period.

Global Wi-Fi Market

The GMI Research envisages an elevation in the demand of the Wi-Fi Market over the forecast period. This is because of the accelerating internet users and intensified investment by leading players to introduce new technology.

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Wi-Fi Market Dynamics

The forces supplementing the growth of the global Wi-Fi market include the increasing drift towards the espousal of novel technology, such as IoT, AI, and 5G to enhance digital platform-based IT and Telecommunication Company’s business yield will strengthen the market growth. For instance, Bharti Airtel, the leading telecommunication company in 2021 introduced the nation’s first telco 5G service, which is efficiently exhibited & orchestrated LIVE 5G services for the networking across Hyderabad city, India.

Further, the accelerating internet seepage with an expansion in the supply of intelligent and connected instruments such as IoT devices and smartphones will impel the market growth. In accordance with the report published by the International Telecommunication Union, almost 4.1 billion people were connected to the internet via several modes, which include, Wi-Fi, mobile internet and broadband connectivity. For example, as per the We Forum Organization Report the worldwide consumer expenditure on smart devices concerned with household touched USD 52 Billion in 2019, which has proliferated the growth of the market. The internet connectivity has stimulated rapidly with an elevation in the sales of smart devices, intensified consumer expenditure, and per capita disposable income. Also, as per the Wi-Fi market research report, Bharti Airtel, in 2021, amalgamated with Qualcomm to launch a faster 5G Internet Service in India to fight against Reliance Jio for introducing the modern generation of wireless internet services in the country.

However, the growing risk of disputation loss and cyber attackers to evade network sharing related to the network distribution will restrain the market growth. Also, the inadequate Quality of Experience (QoE) in the huge inhabited area due to inaccurate network planning is another reason obstructing the Global Wi-Fi Hotspot Market Size.

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