Report Overview

Saudi Arabia Managed Wi-Fi Solutions Market is growing owing to the main reasons anticipated to propel the Managed Wi-Fi Solutions Market are the rising number of Wi-Fi-enabled devices, including smartphones, laptops, tablets, gaming consoles, and digital cameras, as well as the desire for high-speed networks. The market is comprehensively evaluated in the study on the global managed Wi-Fi solutions market.

Saudi Arabia Managed Wi-Fi Solutions Market - Industry Trends & Forecast Report 2028

Saudi Arabia Managed Wi-Fi Solutions Market exhibiting a CAGR of 15.10% during the forecast period (2022-2028). Due to the increasing use of workplace mobility services and the quick expansion of public Wi-Fi installations across physical locations, the market for managed Wi-Fi solutions is expanding. Additionally, the desire for high-speed networks and the quick increase in the number of Wi-Fi-enabled devices, such as smartphones, tablets, laptops, gaming consoles, and digital cameras, are propelling the market's expansion. Additional reasons driving the industry's expansion include the rising need for extensive, high-speed network coverage and the expanding use of air-gapped services, also propelling Saudi Arabia-managed Wi-Fi Solutions Market.

Managed Wi-Fi Solutions - Overview

The managed Wi-Fi solutions market consists of vendors providing managed Wi-Fi solutions and associated services, including networking services and infrastructure services, to commercial clients across the globe. Managed Wi-Fi solutions and associated services offer reliable, fast, and secure Wi-Fi access to guests, employees, students, and customers within the premises. In addition, these solutions and services actively manage and provision network access for mobile devices and enable guests to self-register for securely accessing hotspots and corporate WLANs. Enterprises have been increasingly adopting managed Wi-Fi solutions and services as they provide various benefits, including zero-touch provisioning and configuration, scalability, reliability, and cost-effectiveness.

Saudi Arabia managed Wi-Fi Solutions Market Forecast and Trends

Growth Drivers

Surging Demand for Consumer Electronic Goods

Cloud-Based Wi-Fi Infrastructure Administration and Remote Troubleshooting to Aid Growth in Saudi Arabia. The ease of managing Wi-Fi infrastructure over the cloud is propelling the growth of WaaS market. WaaS enables enterprises to manage their wireless fidelity networks from any place. The cloud-based centralized management allows network administrators to remotely handle Wi-Fi infrastructure issues using a network management interface from a remote location, saving money and time. The main reasons anticipated to propel the Managed Wi-Fi Solutions Market are the rising number of Wi-Fi-enabled devices, including smartphones, laptops, tablets, gaming consoles, and digital cameras, as well as the desire for high-speed networks.

Increasing Domestic Production of Semiconductors

There has been an upsurge in demand for Wi-FL since universities implemented Bring Your Own Device policy. The capital expenditure required to set up and maintain Wi-Fi in public and business places has decreased thanks to the implementation of artificial intelligence and cloud management. It was shown that controlled Wi-Fi might cut capital expenditure by 20%. The introduction of high-speed internet connections, such as SG services, as well as ongoing research and study, have all contributed to the growth, as has the exponential rise in network traffic between nations.

Increasing Focus on Development and Rollout of Next-Gen Products/Solutions

There has been an upsurge in demand for Wi-FL since universities implemented Bring Your Own Device policy. The capital expenditure required to set up and maintain Wi-Fi in public and business places has decreased thanks to the implementation of artificial intelligence and cloud management. It was shown that controlled Wi-Fi might cut capital expenditure by 20%. The introduction of high-speed internet connections, such as SG services, as well as ongoing research and study have all contributed to the growth, as has the exponential rise in network traffic between nations.

Restraints

High Dependence on Imports of Semiconductors

The lack of standards for interconnectivity and interoperability is likely to be one of the restraining factors for the growth of managed Wi-Fi solutions market. Threat to Privacy, Data Security, and Cloud Connectivity Failure Hinder Growth WaaS is a cloud-based internet access service. Various corporate tasks, such as marketing, R&D activities, and production, are now carried over a cloud platform, making operations and maintenance of data much easier. Any security failure of services results in an overall failure of operations in enterprises, putting business-critical processes at risk. Also, certain management and control capabilities in distant networks might be harmed by a loss of privacy. As a result, minor cloud challenges and data security concerns are limiting the WaaS market's growth. Concerns regarding Data security, a threat to privacy, and compatibility issues with Wi-Fi devices are some other factors that could slow down the market development.

Impact of COVID-19 on Saudi Arabia managed Wi-Fi Solutions Market

The impact of COVID-19 has been unprecedented and staggering, with WaaS witnessing a positive demand shock across all regions during the pandemic. Based on our research, the global market exhibited a substantial growth of 19.2% in 2020, as compared to the average year-on-year growth during 2017-2019. The rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over. The COVID-19 outbreak has a significant impact on the expansion of the WaaS worldwide. Since the global shutdown, demand for high-speed wireless fidelity services has surged in most nations, owing to the growing tendency to work from home. The increased demand has substantially contributed to the wireless fidelity industry's revenue growth and resulted in the growth of Wi-Fi as a service market. In addition, major companies, including Cisco Systems Inc., Aruba Networks, and Juniper Networks Inc., are developing and offering advanced apps and services.  

Saudi Arabia managed Wi-Fi Solutions Market - By Component

The market is divided into Solutions and Services based on Components. The highest market share belonged to the services sector. They offer vast and sophisticated Wi-Fi networks as well as safe, quick, and dependable internet access, which may be linked to the causes. Further solution segmented is classified into Access Points, and WLAN Controllers. The services segment is classified into Networking Services and Infrastructure services.

Saudi Arabia Managed Wi-Fi Solutions Market - By Solution

Based on solutions, the market is classified into Access Points and WLAN Controllers. The Wireless Local Area Network (WLAN) controllers segment is projected to grow at a higher CAGR during the forecast period. WLAN controllers help network operation teams to configure, manage, and control Access Points (APs) located across different locations. It is important for enterprises to choose the right set of controllers that match the requirement of Wi-Fi networks. Generally, the selection of controllers depends on the number that is expected to use and access the Wi-Fi network. For instance, large enterprises cater to more number of Wi-Fi users as compared to Small and Medium-sized Enterprises (SMEs).

Saudi Arabia Managed Wi-Fi Solutions Market- By Services

Based on the services component, the market is classified into Networking Service and Infrastructure services. The infrastructure services segment is expected to hold the largest market size during the forecast period, as these services act as the backbone of the network, and assist enterprises in installation and provisioning, system integration and upgradation, wireless infrastructure maintenance, and management of the WLAN network, thereby helping them enhance the network efficiency. The infrastructure services segment is categorized as survey and analysis, system integration and upgradation, installation and provisioning, wireless infrastructure maintenance and management, and training and support. The networking services segment includes network security, network auditing, and testing, network planning and designing, network consulting, and configuration and change management.  

Saudi Arabia Managed Wi-Fi Solutions Market - By Organization Size

By organization size, the market share is segregated into large enterprises and small & medium enterprises (SMEs). The large enterprise is expected to account for the largest share in 2021. Large organizations are investing in WaaS to address the rising issues such as privacy, data security, and cloud connectivity failure. The small and medium enterprises segment could grow at the highest CAGR during the projected period. With the rising competition to gain more customers, startups across retail & eCommerce, healthcare, and life sciences are focusing on adopting WaaS to advance their offerings over cloud channels.

Saudi Arabia Managed Wi-Fi Solutions Market - By Verticals

By verticals, the market share is segmented into Manufacturing, IT & Telecommunications, Retail, Healthcare, Education, Transportation, Logistics, & Hospitality, and Others. The transportation, logistics, and hospitality sectors are among the first to adopt managed Wi-Fi solutions and services because they provide reliable, affordable, and centralized WLAN network administration. Many commercial processes, including distribution and storage, inventory, communication, and monitoring, have benefited from wireless technology. The logistics and transportation sector depends heavily on the ability to track product and vehicle status in real time. Similarly to this, businesses in the hotel industry engage in severe competition to win a significant share of the market. A Reliable Wi-Fi connection is crucial for frequent guests of hotels and restaurants in the hospitality industry. Reliable managed Wi-Fi technologies and services make it easier for hotel or restaurant personnel to operate Wi-Fi networks by offering stable, inexpensive, and centrally managed networking.

Competitive Landscape

Key players operating in Saudi Arabia-managed Wi-Fi solutions market are Cisco Systems, Megapath, WiFi Spark, Fujitsu, Comcast Business, Mojo Networks, Verizon, Purple, Aruba, STC, Wafai Net, Creative Solutions, Ctelecoms, and other prominent players.

These players have adopted various growth strategies, such as partnerships and new service launches, to expand their presence further in the MEA Wi-Fi as a service market and broaden their customer base. have adopted new product launches and partnerships, agreements, and collaborations as key strategies to improve their offered services and provide better solutions to enterprises and to expand their market reach.

The Saudi Arabia Managed Wi-Fi Solutions market is highly fragmented, with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics are used, including strategic alliances, agreements, mergers, and partnerships.

Recent Development

• In May 2021, Aruba launched a wireless fidelity 6E access point solution. The new access point provides end users with a total aggregated data capacity of 3.9 Gbps and can transmit up to seven channels of 160 MHz Wi-Fi in the 6 GHz band.

Scope of the Report

By Component

• Solution

1. Access Points
2. WLAN Controllers

• Services

1. By Networking Service

• Network Auditing & Testing
• Network Planning & Designing
• Network Consulting
• Configuration & Change Management

2. By Infrastructure Service

• Survey & Analysis

• Installation & Provisioning

• System Integration & Upgradation

• Wireless Infrastructure Maintenance & Management

• Training & Support

By Organization Size

• Large Enterprises and Small

• Medium-Sized Enterprises

By Verticals

• Manufacturing

• IT & Telecommunications

• Retail

• Healthcare

• Education

• Transportation, Logistics, & Hospitality

• Others