Wireless Local Area Network Market Set to grow with CAGR of 30% | WLAN Industry Leading Growth Drivers, Emerging Audience, Segments, Sales, Profits & Analysis

“WLAN Market”
WLAN Market Information, By Component (Controller, Router, Switch, AP), By Technology Standards (802.11a/b/g, 802.11n, 802.11ac), by Location (Indoor, Outdoor), by Application vertical (IT, BFSI, Healthcare, Hospitality, Government) – Forecast 2016-2023

Market Highlights:

WLAN OR Wireless Local Area Network is a medium of network distribution where two or more devices are connected using high frequency radio waves. In today’s era, WLAN has penetrated the Information Technology industry to become an inevitable cog in the wheel by sufficing the utility demands across its line of products and services. The exponential amplification of devices and applications coupled with growing demand from end users has pushed the demand for WLAN to leap higher, hence, fuelling the growth of the market. Also, a desperate need of the hour for any enterprise is an upgraded and unperturbed network which, again, is being taken care of by the players in Global WLAN market by introducing better and innovative services, therefore, spiraling the value of market resulting in a CAGR of 30% for the forecasted period of 2017-2023.

A detailed report, for the projected period of 2017-2023, encompassing the facts, figures, and, trends of the market and its segments classified on the basis of component, technology standards, location, application and region is made available by Market Research Future under Information and Communication Technology domain. The facts and figures have been derived at with utmost precision using statistical tools, analytical thinking, and, considering the past and present trends in the market across various segments.

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Major Key Players

Huawei Technologies (China), Cisco Systems, Inc. (U.S.), Juniper Networks (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.), D-Link (Taiwan), TP-Link (China), Dell Inc. (U.S.), Extreme Networks Inc. (U.S.), ZTE Corporation (China), Fortinet (U.S.), Avaya (U.S.), Boingo Wireless (U.S.), Allied Telesis (Japan), Brocade Communications (U.S.) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global WLAN  market.

According to MRFR, The WLAN Market is expected to grow up to 33 Billion USD during forecast period of 2018 to 2023

News:

Acquisition of Ruckus Wireless by Brocade Communications Systems:

This acquisition of California based Ruckus Wireless represents the strategic decision making of Brocade Communications to support and endure changing requirements of the digital ecosystem. This is a welcome step in improvising the portfolio of storage networking and IP networking products of the organization coupled with highly efficient wireless hardware and software products.

Microsoft led ‘Super Wi-Fi Project’ with D-Link:

Microsoft has partnered with D-Link to revolutionize global digitalization scenario by providing access to network in underdeveloped areas. The project aims at utilizing untapped lower frequency bandwidth which travels further than the higher frequency ones and is based on the latest 802. 11af prototype.

Competitive Analysis

The market of WLAN appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

Regional Analysis:

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific, and, Rest of the World. Accredited as global IT Hub owing to its technological advancements, North America is leading among the regional segments of market.- North America, Europe, Asia Pacific, and, Rest of the World. This region is the face of heavy industrialization and is adorned with IT companies using WLAN for various purposes. The second most dominating region of the market is Europe holds the second spot in the global WLAN market and is  trailed by Asia Pacific (APAC). The Asia Pacific market has shown the steepest rise,  in market growth authenticating the thriving demand fromof a persistently growing population. Other catalytic factors attributing the growth in Asia Pacific are significant investment in IT and Telecommunication sector, highest deployment of cloud services, etc.

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Intended Audience

  • LAN providers
  • Router manufacturers
  • Hardware Providers
  • Software Developers

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