Growing Demand in Networking Technology
According to MarketWatch, the Industrial Wireline Networking / Enterprise Network Equipment market will register a CAGR of almost 13% by 2023. One of the reasons that will drive industrial networking market growth is the increasing adoption of IIoT (Industrial Internet of Things). Implementing IIoT will enable industries to collect and analyze collect, analyze, and exchange data through numerous physical devices. Industrial Ethernet has become first choice in end-user industries to connect devices. These devices are embedded with sensors, software, and hardware. Ethernet offers a standard and converged network platform, therefore it fulfills all the connectivity requirements. This helps industrial companies in building a connectivity-enabled business strategy.
Concurrently, over the next five years, the WiFi Access Point market will register a 9.3% CAGR in terms of revenue, the global market size will reach US$ 3580 million by 2024. WiFi Access Point is a networking device that allows easy access to the Internet over the air. Most access points look very similar to routers. An access point receives data by wired Ethernet and converts to a 2.4Gig or 5Gig Hz wireless signal. It sends and receives wireless traffic to and from nearby wireless clients, hence facilitates most connections for IoT devices.
Technology Delivered Faster, Smarter with WAV
WAV, Inc. is resolute in capitalizing the growing market demand for world-class networking technology. With ambitious expansion plans in the enterprise LAN and WLAN markets, WAV.inc (500 fastest-growing private companies in the United States in 2002) is aiming to disrupt the traditional product service offering to resellers.
WAV now is developing a new model, which allows resellers to deploy their products to end customers at a very low monthly fee. For remote communities and municipalities, as well as for enterprises and SMEs it will be more efficient and simpler-to-implement connectivity infrastructure. The new model, the brainchild of WAV Founder Norm Dumbroff, aims to deliver global connectivity as the 4th utility, a standard which availability will be as natural as electricity or water supply. Another highlight, the upgrade path to the latest and greatest technology facilitated much more economically viable.
Moonwhale will help WAV Inc. to structure and to bring the new model to the market, in America and beyond.
“The growing adoption of IoT and IIoT is inevitable. The IoT industry is forecasted to earn $457 billion in revenues by 2020, and globally, there will be 75 billion connected devices by 2025. Therefore, the demand for wireline and wireless networking solutions will increase substantially in the coming years.” said Danny Christ, CEO of Moonwhale Ventures. He further added, “Norm's brilliant solution can help communities, Smart Cities, enterprises and smaller businesses with an affordable and constantly up-to-date connectivity infrastructure. We are excited to be part of this new strategic approach.”
When asked to comment, CEO of WAV Inc., Norm Dumbroff said, “Relying on Moonwhale’s experience will help us bring our concept to the market not only quicker, but in a more complete manner. We are excited to be partnering with the Moonwhale team”.
About WAV Inc.
Established in 1990, WAV, Inc. is a full-service distributor of LTE, wireless broadband, networking, and Wi-Fi equipment. Located in Aurora, IL, WAV provides its partners a competitive edge by offering extensive product knowledge & unmatched technical expertise, support for multi-vendor solutions, product availability, as well as professional value-added services for its VAR & WISP communities, including (but not limited to): technical support, predictive analysis services, FCC coordination and installation & diagnostics. “We Make the Internet Work”. For more information, visit the web at www.wavonline.com.
About Moonwhale Ventures
Based in Singapore and the USA, Moonwhale is a Blockchain Technology Consultancy, providing full services to identify and implement Distributed Ledger Technology solutions within value chains of SMEs and Corporations. Moonwhale is also an STO Financial Advisory, offering companies strategic advice on Security Token Offering to finance business expansion or new ventures. A One-Stop-Shop to advise, structure and execute financial & business planning, process & structure, token economy and issuance, secondary market onboarding, and exploiting strategic partnerships. https://moonwhale.io/.
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