Captive Portal Market Rising Trends, Key Leading Players, Trends Analysis, Industry Share And Forecast To 2033

"The Business Research Company recently released a comprehensive report on the Global Captive Portal Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The captive portal market size has grown rapidly in recent years. It will grow from $0.88 billion in 2023 to $1.01 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to internet growth, security concerns, regulatory compliance, emergence of wi-fi networks, mobile device adoption.

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Market Drivers and Trends:

Increasing internet penetration is expected to propel the growth of the captive portal market going forward. Internet penetration refers to the portion of the population that has access to the Internet. Captive portals are used to manage internet penetration by offering free or subsidized internet access in areas where traditional fixed-line or mobile broadband is either unavailable or unaffordable. For instance, in September 2023, according to the International Telecommunication Union, a Switzerland-based United Nations agency for information and communication technologies, around 67% of the world's population, or 5.4 billion people, are currently using the Internet, compared to 5.3 billion people (66% of the world's population) in 2022. Therefore, increasing internet penetration is driving the captive portal market.

Major companies operating in the captive portal market are focused on developing innovative products with advanced technological solutions, such as a cloud-based Wi-Fi platform with captive portal capability, to strengthen their position in the market. A cloud-based Wi-Fi platform with captive portal capability refers to a networking solution that operates in the cloud and provides Wi-Fi services while incorporating a captive portal feature. For instance, in May 2023, GlobalReach Technology, a UK-based wireless internet service provider, unveiled a cutting-edge cloud-based Wi-Fi platform, Trusted Wi-Fi, revolutionizing the rapid deployment of customized, large-scale Wi-Fi portal services. This platform is specifically crafted for managed service providers (MSPs) and broadband carriers, enabling swift launches of Wi-Fi services tailored for its clientele. Key features of Trusted Wi-Fi include a customizable captive portal with branding options, a variety of authentication methods, anonymized data capture, and robust analytics. The platform is designed to seamlessly integrate with Wi-Fi hardware from any vendor, offering comprehensive hardware support and management. The solution empowers businesses to administer thousands of enterprise-grade services efficiently through a unified dashboard, resulting in substantial cost savings and a streamlined time-to-market process.

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Major Key Players of the Market:

Cisco Systems Inc., Juniper Networks Inc., Arista Networks Inc., Intelsat S.A., Aruba Networks, Extreme Networks Inc., NETGEAR Inc., Anuvu LLC, WatchGuard Technologies Inc., Boingo Wireless Inc., Grandstream Networks Inc., Satcom Direct Inc., Enea AB, Ray Corporation, Purple Wi-Fi Ltd., GlobalReach Technology Ltd., Skyfii Limited, Adentro Communications Inc., GoZone WiFi LLC, Nexnet Solutions GmbH, IronWifi Inc., Cloud4Wi Inc., Performance Network Inc., Cloudi-Fi, WifiGem Inc., Spotipo Inc.

Captive Portal Market 2024 Key Insights:

• The captive portal market is expected to grow to $1.68 billion in 2028 at a compound annual growth rate (CAGR) of 13.4%.
• Increasing Internet Penetration Fuels Growth In The Captive Portal Market
• A Cloud-Based Wi-Fi Platform For Swift And Customized Large-Scale Deployments
• North America was the largest region in the captive portal market in 2023

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