Wi-Fi Market Trends | Segmentation, Outlook & Report from 2022-2032
According to a recent market survey conducted by Future Market Insights (FMI), the global Wi-Fi market was valued at $11.1 billion in 2021 and is expected to reach $74.1 billion by 2032. According to the report's findings, the hardware segment by component will continue to be critical for the market because it generates the majority of revenue. The hardware segment by component is expected to grow at a CAGR of 18.9% by 2032. The recent surge in digitization, combined with the Internet of Things (IoT) across industry verticals, is expected to boost global Wi-Fi demand in the coming years. The US to Command the Larger Proportion of Wi-Fi Market throughout the Analysis Period USA commands over 30% of the global market share and is expected to witness an absolute opportunity growth of US$ 18.9 Bn to reach a valuation of US$ 23.2 Bn by 2032. Owing to the rapidly increasing requirement, its demand in the USA is expected to increase. The E-Commerce industry ver...