WLAN Market Size: Business Strategies and Future Growth Study

Posted by Ehtesham Peerzade on January 28th, 2020

Market Highlights

Market Research Future has revealed a report on the global WLAN market, which states that the market would rise at a substantial CAGR by 2023. The market is supposed to inflate and gain a high valuation in the coming years as the semiconductor industry is witnessing remarkable traction and evolution.

Overview

WLAN as popularly known as wireless local area network allows one or more devices to connect using a wireless distribution method. Due to its wide applications and its usage in every possible industry which is associated with services in information technology has provided it with immense importance over the years. Also, the applications can be a significant force to market expansion during the assessment period.

Market Drivers & Trends

The global WLAN market is basking in the attention showered on it by a number of linked devices such as mobile computing devices (smartphones, tablets, and PCs), media players (smart set-top boxes, smart TVs), wearables (smartwatches, smart bands, and smart glasses), and smart home appliances. As these have been increased in usage, the market is boosting at a higher rate due to these factors during the assessment period.

With an aim to better the overall performance and service of the network, new administrators or network operation centers are opening up by the key players, which is yet another major factor behind the market’s growth. Through this, the market is getting substantial attention, which is creating positive growth graph for the market.

Furthermore, the driving factors for the WLAN market is accounted to the pattern of maximum data usage by the end-users when they are stationary such as, in homes, restaurants, and workplace.

Segmentation:

The global WLAN market size has been segmented on the basis of component, technology standards, location, and application.

The segment of component is classified into controller, router, switch, an access point (AP) and network interface card (NIC).

In terms of location, the segment is further classified into indoor and outdoor.

In terms of technology standards, WLAN market can be classified as 802.11a/b/g, 802.11n, and 802.11ac.

WLAN market provides a wide area of application areas which includes BFSI, healthcare, IT, retail, government, and many more.

Regional Outlook

North America is leading the global market of WLAN owing to technological advancement. This region is also a developed country and an IT hub. Owed to the massive industrialization and presence of IT companies which uses WLAN for various purposes, North America is leading the market in outstanding ways.

Next is Europe that stands as the second biggest market, followed by the Asia Pacific and has emerged as the fastest-growing market. Asia Pacific has the maximum distribution of cloud-based services and is investing in the IT and telecommunication sector remarkably. These developments clubbed with growing demand from a massive and incessantly mounting population, confirms a spectacular growth for the enterprise WLAN market in the region.

Key Players

The significant players in the market of WLAN are listed as Cisco (U.S.), Aruba Networks, Inc. (U.S.), HP (U.S.), Ruckus Wireless (U.S.), Ubiquiti Networks (U.S.), Aerohive Networks (U.S.), Zebra Technologies (U.S.), Netgear (U.S.), Huawei (China), D-Link (Taiwan), TP-Link (China), Belkin International, Inc. (U.S.), Alcatel Lucent Enterprises (U.S.), Dell Inc. (U.S.), Zte Corporation (China), Boingo Wireless (U.S.), Allied Telesis (U.S.), Juniper Networks (U.S.).