PUBLISHER: The Business Research Company | PRODUCT CODE: 1392649
PUBLISHER: The Business Research Company | PRODUCT CODE: 1392649
“Enterprise WLAN Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on enterprise wlan market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for enterprise wlan? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The enterprise wlan market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Enterprise WLAN is a device that helps to link two or more wireless devices using wireless communication and provide mobility to the network users. It utilizes radio communication while connecting to the wired network within a limited area, such as a work campus or office building.
The main types of components in the enterprise WLAN market are hardware, software, and service. Hardware for wireless LANs includes network interface cards, routers, and switches. It is used in enterprises to administrate wireless network access points and connected wireless devices. The different organization sizes include small and medium enterprises and large enterprises and are employed in various sectors, including BSFI, IT and telecom, healthcare, retail, government, and others.
The enterprise WLAN (wireless local area network) market research report is one of a series of new reports from The Business Research Company that provides enterprise WLAN (wireless local area network) market statistics, including enterprise WLAN (wireless local area network) industry global market size, regional shares, competitors with a enterprise WLAN (wireless local area network) market share, detailed enterprise WLAN (wireless local area network) market segments, market trends and opportunities, and any further data you may need to thrive in the enterprise WLAN (wireless local area network) industry. This enterprise WLAN (wireless local area network) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The enterprise wlan market size has grown exponentially in recent years. It will grow from $28. 29 billion in 2023 to $35. 96 billion in 2024 at a compound annual growth rate (CAGR) of 27. 1%. The growth in the historic period can be attributed to increasing mobile device adoption, remote and flexible work arrangements, evolving security threats, demand for high-speed connectivity.
The enterprise wlan market size is expected to see exponential growth in the next few years. It will grow to $99. 08 billion in 2028 at a compound annual growth rate (CAGR) of 28. 8%. The growth in the forecast period can be attributed to increasing focus on network security, hybrid work models, sustainable and green networking, rapid growth of e-learning and remote collaboration, open roaming initiatives. . Major trends in the forecast period include cloud-managed wlan solutions, ai-driven network management, 5g integration with wlan, smart building and iot integration, advanced authentication mechanisms, .
The increase in demand for high-speed data connectivity is expected to propel the growth of the enterprise WLAN market going forward. High-speed data connectivity enables users to easily keep copies of the files in the cloud and also allows the workers to access and upload their data to other devices such as laptops, smartphones, and home computers. Wireless devices use a wireless local area network (WLAN) to enable high-speed data communication. For instance, according to Speed Test, a US-based web testing and network diagnostics company, the United States had the highest number of 5G users (49. 2%), followed by the Netherlands (45. 1%), South Korea (43. 8%), Kuwait (35. 5%), and Qatar (34. 8%). Therefore, the surge in demand for high-speed data connectivity is driving enterprise WLAN market growth.
Increasing adoption of the bring your own device (BYOD) policy among businesses is significantly contributing to the growth of enterprise WLAN market going forward. BYOD policies in organizations require robust WLAN infrastructure to accommodate employee-owned devices and ensure secure and efficient connectivity. For instance, in December 2021, according to data released by Addigy a US-based software company, 59 percent of organizations have adopted BYOD as part of their organizational philosophy. Therefore, the increasing adoption of bring your own device (BYOD) policy among businesses will drive the enterprise WLAN market.
The emergence of the Wi-Fi 6 standard (802. 11ax) is the latest trend gaining popularity in the enterprise WLAN market. The latest Wi-Fi standard is capable of offering benefits such as higher data rates, improved power efficiency, increased capacity, and better performance in environments with multiple connected devices. For instance, in October 2022, Cisco, a US-based digital communications technology launched Wi-Fi 6 products for small and medium size businesses. The Cisco Business Wireless portfolio enables our customers the benefits of upgrading to Wi-Fi 6, which includes more accessible throughput and quicker device speeds enable new apps and user experiences.
Major companies operating in the enterprise WLAN market are developing Zero Trust Network Access (ZTNA) solutions for better serving their business customers. ZTNA solutions ensure secure access for users and devices, regardless of their location, through identity and context-based access controls. For instance, in June 2022, BlackBerry Limited, a Canada-based software company specializing in cybersecurity, launched Zero Trust Network Access (ZTNA) Solution with CylanceGATEWAY. Businesses of all sizes will be able to restrict access to trusted, authenticated, and known users and devices with the help of CylanceGATEWAY, which will enhance their prevention-first cybersecurity posture and guard against the rapid spread of ransomware and other sophisticated cybersecurity threats.
In April 2022, Auvik Networks Inc., a Canada-based cloud-based network management software company, acquired MetaGeek for an undisclosed amount. Through this acquisition, Auvik Networks Inc aims to expand its offering in WiFi network management and optimization software tools for enterprises. MetaGeek is a US-based provider of WiFi network management and optimization software tools.
Major companies operating in the in the enterprise wlan market report are Aerohive Networks Inc., ALE Inc., RUCKUS Networks, Aruba (Hewlett Packard Enterprise company LP), Juniper Networks Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., TP-Link Technologies Co. Ltd., Extreme Networks Inc., ZTE Corporation, NETGEAR Inc., WatchGuard Technologies Inc., Dell Technologies Inc., D-Link Corporation, Ubiquiti Inc., Cambium Networks Corporation, Mist Systems (Juniper Networks company), Microchip Technology Inc., Rohde & Schwarz UK Ltd., Tantalus Systems Corp., Proxim Wireless Corporation, Allied Telesis Inc., Hewlett Packard Enterprise Company, LANCOM Systems GmbH, Meru Networks a subsidiary of Fortinet Inc., SonicWall Inc., Zyxel Communications Corporation, Siemens Enterprise Communications GmbH & Co. KG, Proxim Wireless Corporation, Fortinet Inc.
North America was the largest region in the enterprise WLAN market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the enterprise wlan market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the enterprise wlan market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The enterprise WLAN market consists of revenues earned by entities by providing enterprise WLAN devices and services such as predictive planning, installation, configuration, performance assessment & validation, and future-proofing of WLAN through the organization to provide wireless network communication. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.