Enterprise WLAN Market to Exhibit Remarkable Gains Over 2021-2027
According to GMI, Inc., Enterprise WLAN market size is projected to surpass USD 35 billion by 2027. Extensive penetration of wireless devices coupled with growing need to integrate these devices with wired network infrastructure across several businesses, has enabled the global enterprise WLAN industry to gain massive momentum over the coming years. Besides, burgeoning demand for wireless network infrastructure over short distances is also propelling the installation of enterprise WLAN solutions. These solutions support existing wired infrastructure in indoor environment which optimizes the system performance.
These solutions also facilitate workforce flexibility and support remote work environment as well as extensive scalability. In addition, heightened product demand across enterprises for efficient network connectivity and growing need to integrate large scale wireless devices are complementing the business growth further.
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Considering the below mentioned trends:
Development of technologically advanced WLAN solutions
Companies operating in enterprise WLAN market are focusing on the development of innovative WLAN solutions to gain strong market presence. For instance, in 2020, CommScope announced the launch of new access points supporting Wi-Fi 6 technology, capable of offering benefits such as higher data rates, improved power efficiency, increased capacity and better performance in environments with multiple connected devices.
Citing another instance, in 2019, Frontier Communications Corporation announced the launch of its managed wireless LAN solution for SMB enterprises. According to the company, this solution provides enhanced network visibility, improved security, access scalability and better wireless performance. This launch helped the company to serve several SMEs and expand its managed network solution offerings.
Growing adoption of WLAN security software
Lack of physical security layer in WLAN raises concerns regarding data breach and network redundancy. This has urged enterprises to deploy WLAN security software systems as they are designed especially for securing enterprise networks from security breaches and malicious network transmission. Besides, they are based on advanced technology protocols such as WEP, WPA/WPA2, etc. which instigates the demand for enterprise WLAN security across various businesses.
Heightened demand for wireless LAN controller hardware
Wireless LAN controllers are used for the administration of wireless network access points and connected wireless devices as it centralizes the configuration and management of enterprise access points. These controllers help in enhancing network performance through automated fail-over capabilities and minimum radio interference. They also offer integrated security functions along with security and content filtering abilities. On account of these benefits, wireless LAN controller segment is projected to register a lucrative CAGR of over 20% through 2027.
Rising popularity of WLAN solutions across large enterprises
Large enterprises are majorly adopting enterprise WLAN solutions and services as they are seeking to modernize their business network infrastructure with the integration of various devices such as IoT and BYOD. These solutions help companies dynamically manage their network infrastructure according to the requirements. In addition, WLAN solutions use radio frequency for data transmission, which help companies eliminate the need for additional wired network, eventually reducing the capital expenditure. The performance and cost benefits are supporting the adoption of enterprise WLAN networks across large enterprises further.
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Increasing demand in healthcare applications
Increasing inclination towards digitization and growing adoption of connected medical devices in the healthcare sector is driving the demand for enterprise WLAN solutions. Installation of WLAN network allows healthcare professionals such as doctors, nurses, etc., to improve medical service delivery. These networks help in point of care systems, patient & equipment monitoring, voice communications and secured access. Healthcare application segment across enterprise WLAN market is expected to observe a robust CAGR of over 20% through 2027.
Growing adoption of BYOD approach in North America
Strong presence of major enterprises such as Cisco Systems, Inc., Aruba and Juniper Networks along with network technology innovations are fueling the adoption of enterprise WLAN in the region. In addition, the emerging trend of BYOD across several enterprises and increasing need to integrate remote components with business operations are supporting the product demand in the region further. According to credible reports, in 2018, around 78% of enterprises in the U.S. reported the adoption of BYOD approach. Considering these factors, enterprise WLAN market in North America is estimated to secure a significant share of 35% by 2027.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Scope & defintions
1.2 Methodology & forecast parameters
1.3 Data Sources
1.3.1 Secondary
1.3.2 Primary
Chapter 2 Executive Summary
2.1 Enterprise WLAN market 360º synopsis, 2016 – 2027
2.2 Business trends
2.3 Regional trends
2.4 Component trends
2.4.1 Hardware trends
2.4.2 Software trends
2.4.3 Service trends
2.5 Organization size trends
2.6 Application trends
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