The enterprise wlan global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Enterprise WLAN Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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, .
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Scope Of Enterprise WLAN Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
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.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The enterprise wlan market covered in this report is segmented –
1) By Component: Hardware, Software, Service
2) By Organization Size: Small and Medium Enterprises, Large Enterprise
3) By Application: BFSI, IT and Telecom, Healthcare, Retail, Government, Other Applications
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Regional Insights –
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
Key Companies –
Major companies operating 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.
Table of Contents
1. Executive Summary
2. Enterprise WLAN Market Report Structure
3. Enterprise WLAN Market Trends And Strategies
4. Enterprise WLAN Market – Macro Economic Scenario
5. Enterprise WLAN Market Size And Growth
…..
27. Enterprise WLAN Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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