Saved Wi-Fi passwords look at first like a convenience feature, a list of credentials the phone remembers so it can reconnect. In an investigation they are two things at once. They are the passwords themselves, which can corroborate that a device (and its user) had access to a specific network. And they are a record of the networks a device chose to remember, which is a map of the places its owner spent enough time to connect: homes, workplaces, a partner's apartment, a hotel, a business the person keeps returning to.
Sherlock Forensics iPhone Analyzer surfaces the saved networks from the keychain with each network's name and password in the clear, in a dedicated view alongside the broader keychain. Every entry exports and feeds the merged Activity Timeline and global search, so a network name can be searched across the whole case and lined up against the location and message evidence around it.
The distinction between the two readings is what an examiner works. As credentials, the passwords answer an access question: could this device (or its user) get onto that specific network. That matters when a network itself is part of a case, a shared home router, a company SSID, the Wi-Fi at a location under scrutiny. As a list, the set of remembered networks answers a pattern question: which places did this device return to often enough to save. The same view serves both, but a good report keeps them separate so the access claim and the pattern claim each stand on their own evidence.
