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Ubiquiti Inc. (UI) provides various networking products and solutions for service providers and enterprises worldwide. The company offers radios, antennas, and management tools that have been designed to deliver carrier class performance for wireless networking and other applications in the unlicensed radio frequency realm.
Because businesses are still adopting hybrid-working models even as the effects of the COVID-19 pandemic begin to diminish, the demand for cloud-based business solutions and networking has been rising. The heightened need for secure and improved networking solutions with the commercial deployment of 5G network is also driving the growth of networking companies. As a result, the global Network-as-a-Service market is expected to grow at a 33.1% CAGR over the next five years to reach $45.03 billion by 2026.
