Chicago, April 29, 2024 (GLOBE NEWSWIRE) -- The global Wi-Fi Market size is expected to grow from USD 14.5 billion in 2023 to USD 39.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period, according to a new report by MarketsandMarkets™. As more regions worldwide gain internet access, there is a corresponding increase in the demand for Wi-Fi technology to enable wireless connectivity for various devices. Additionally, smart city initiatives, including connected infrastructure, drive the Wi-Fi Market. Browse in-depth TOC on "Wi-Fi Market" 353 - Tables 46 - Figures 302 - Pages Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=994 Wi-Fi Market Dynamics: Drivers: Rising adoption of digital solutions for quality wireless network connectivity Increasing investments by telecom players in wireless network infrastructure Adoption of smartphones and smart appliances to stay connected via remote technology Increased implementation of BYOD and CYOD trends among organizations Widespread adoption of IoT devices Restraints: Difficulty in securing Wi-Fi networks in SMEs targeted by cybercriminals Contention loss and co-channel interference Opportunities: Government initiatives for smart city modules for urban infrastructure Rapid evolution of carrier Wi-Fi Continued upgrades in Wi-Fi standards List of Key Players in Wi-Fi Market: Cisco (US) Ericsson (Sweden) Extreme Networks (US) Huawei (China) Juniper Networks (US) Panasonic (Japan) Fortinet ( US) Aruba (US) Alcatel-Lucent Enterprise (France) NETGEAR (US) Request Sample Pages@