Latin America Wifi Analytics Market 2019-2028

MARKET OUTLOOK

An analysis by the publisher has concluded that the wifi analytics market in Latin America is likely to proliferate at a CAGR of 21.13% in the forecasted period 2019-2028.
Brazil, Mexico and Rest of Latin America together form the wifi analytics market in Latin America.

The wifi analytics in Brazil is experiencing considerable growth owing to the increasing investments by huge companies in the country. As per government data, the provision of public wifi has seen tremendous growth in the last two years. In Brazil, Ericsson, a Swedish telecommunications equipment maker, announced an investment of about $238.3 million in order to install a new assembly line for 5G in the country. It is reported that the future production line is likely to manufacture 5G kits for the company’s operations.

Furthermore, the presence of a large landmass to cover is also favoring the studied market growth. In spite of the low global positioning, data speeds have increased considerably in recent times. Besides, major carriers in the country have been making huge investments, which are likely to drastically improve the mobile speeds in Brazil in the near future.

In Latin American countries, governments are encouraging their citizens to get online. For instance, Brazil launched the National Broadband Program in 2010 to deploy internet infrastructure across the country. These initiatives indicate the growth of the wifi analytics market in the country.

COMPETITIVE OUTLOOK

Some of the major players in the wifi analytics market are RetailNext Inc, Skyfii Limited, Yelp Inc, Purple Innovation LLC, Hughes Network Systems LLC, Cloud4Wi and Ruckus Networks (CommScope Inc).