The global Wi-Fi as a Service (WaaS) market, valued at USD 1.30 billion in 2023, is expected to grow from USD 1.48 billion in 2024 to USD 4.40 billion by 2032, with a CAGR of 14.6% during the forecast period.
The WaaS market revolves around a subscription-based model that combines software, infrastructure, and managed services into a single offering. Organizations are increasingly adopting these services due to their cost-effectiveness and short life cycles, which simplify future updates. Leading companies like Juniper Networks Inc., Cisco Systems Inc., HPE (Aruba), and Extreme Networks are at the forefront of offering subscription-based WaaS solutions. Additionally, key players in the market are expanding their operations across developing nations.
