WLAN Market Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.
WLAN Market Growth and Trends
The wireless local area network market or the WLAN market currently holds a market value of US$ 3.4 billion in 2020 and is expected to grow at a CAGR of 19.8% to a projected market value of US$ 8.4 billion by 2025. The rising digitalization is the major growth factor behind the WLAN market growth.
The increasing globalization has resulted in emerging economies with higher disposable incomes. This has resulted in more penetration of appliances and devices in the market. The growing need for connecting or networking devices in the same place for better functional efficiency has propelled the growth of the WLAN market. The surging need and demand for mobility and cloud-based solutions are seen acting as a major market influencer.
The emerging adoption of the Internet of Things (IoT) has further influenced the market growth for WLAN. The rising investments into high-revenue generating real-estate projects such as smart cities and smart homes are fueling the growth of the WLAN market.
The high demand for WLANs in various industry verticals is a significant contributing factor to the market growth. The increasing need for business-critical mobility applications has soared the demand and sales of the WLAN. The surging need for flexibility and security in companies has bolstered the growth of the WLAN market.
With the increasing trend of BYOD or bring your own device in workplaces, the demand for WLAN has tremendously increased. The soaring shift among consumers and enterprises towards wireless networks over wired networks has boosted the sales of WLAN. The increasing WLAN technology making it a more industry-specific application has earned major desirability among businesses and industries. High revenue-generating tier I companies are seen contributing most towards the market share of about 36%.
The access point sector of the WLAN hardware is expected to show the highest CAGR by 2021. The professional services sector in the enterprise WLAN market is expected to be the largest contributor by 2021. The public or Government infrastructure vertical is forecasted to be the fastest-growing vertical in the enterprise WLAN market on the basis of needing national security. The increasing need for maintaining latency and bandwidth of the networks has boosted the demand for WLAN.
WLAN Industry Regional Analysis
WLAN Market Research Report Scope/Definition
WLAN Market Share and Competition Key companies operating in this industry are:
Cisco Systems (U.S.), Juniper Networks (U.S.), Alcatel Lucent Enterprises (U.S.), Aruba Networks (U.S.), Ruckus Wireless (U.S.), Aerohive Networks (U.S.), Allied Telesis (U.S.), Avaya Corporation (U.S.), Dell (U.S.), Huawei (Japan), Extreme Networks (U.S.), ZTE Corporation (China), Fortinet (U.S.), Wi-Fi Spark (U.K.), and Boingo Wireless (U.S.).
WLAN Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Driver Analysis (Revenue, USD Million, 2021 - 2028)
• Rapid adoption of enterprise WLAN trends, such as BYOD
• Transition of enterprises and consumers from wired to wireless networks
• Increase in business and vertical-specific applications
Challenges Analysis (Revenue, USD Million, 2021 - 2028)
• Bandwidth and latency issues
• Increasing WLAN hardware cost affects the demand
R Analysis (Revenue, USD Million, 2021 - 2028)
• Lack of standardization in enterprise WLAN technology for internetwork interoperability and portability
• Limited investment owing to high prices of WLAN products
Opportunities Analysis (Revenue, USD Million, 2021 - 2028)
• Advent of IoT along with the deployment of WLAN through cloud
• Rise in demand for the 802.11 ac Wave 2 standards
• Shift toward carrier Wi-Fi
Component Analysis (Revenue, USD Million, 2021 - 2028)
• WLAN Hardware
• WLAN Software
• WLAN Services
Hardware Analysis(Revenue, USD Million, 2021 - 2028)
• Wireless Access Points
• AP Antennas
• Wireless LAN Controllers
• Multigigabit Switching
• Wireless Location Appliance
Software Analysis(Revenue, USD Million, 2021 - 2028)
• WLAN Analytics
• WLAN Security
• WLAN Management Software
Services Analysis(Revenue, USD Million, 2021 - 2028)
• Professional Services
• Managed Services
Vertical Analysis (Revenue, USD Million, 2021 - 2028)
• It and Telecommunication
• Municipality and Public Infrastructure
• Logistics
• BFSI
• Education
• Healthcare
• Transport and Logistics
• Retail
• Others
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
WLAN Industry Companies
• Cisco Systems (U.S.),
• Juniper Networks (U.S.),
• Alcatel Lucent Enterprises (U.S.),
• Aruba Networks (U.S.),
• Ruckus Wireless (U.S.),
• Aerohive Networks (U.S.),
• Allied Telesis (U.S.),
• Avaya Corporation (U.S.),
• Dell (U.S.),
• Huawei (Japan),
• Extreme Networks (U.S.),
• ZTE Corporation (China),
• Fortinet (U.S.),
• Wi-Fi Spark (U.K.),
• Boingo Wireless (U.S.).
Available Versions of WLAN Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
