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Enterprise WLAN Market to Touch USD 11.5 Billion by 2031 Driven by Increasing Demand for Cloud-Managed WLAN Solutions

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The SNS Insider report indicates that The Enterprise WLAN Market was valued at USD 7.28 Billion in 2023. It is estimated to reach USD 11.5 Billion by 2031 and grow at a CAGR of 5.9% over the forecast period 2024-2031.

Growing Demand for Robust WLAN Infrastructure

The proliferation of Internet of Things (IoT) devices is a key driver of the Enterprise WLAN Market. Businesses are increasingly deploying interconnected devices to gather data, automate processes, and optimize operations. This necessitates robust WLAN infrastructure to facilitate seamless data transmission between these devices. Additionally, the shift towards cloud-based solutions for applications like storage, collaboration, and communication necessitates reliable and high-speed WLAN connectivity for efficient access. Carrier Wi-Fi offers a cost-effective alternative to traditional cellular data networks for mobile workforce connectivity. This technology leverages existing cellular infrastructure to provide ubiquitous Wi-Fi access, further driving market growth.

Enterprise WLAN solutions cater to these needs by offering increased spectrum utilization, greater bandwidth capacity, and reduced signal delays. As organizations increasingly rely on WLAN networks for critical operations, the need for secure and reliable connections becomes paramount. Advanced WLAN solutions offer robust security features to safeguard sensitive data transmission and prevent network breaches.

Enterprise WLAN Market
Enterprise WLAN Market

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Major The Key Players of Enterprise WLAN Market

Dell Technologies, Inc., Avaya Inc., D-Link Corporation, Aerohive Networks, Aruba Networks, Huawei Technologies, Co. Ltd., New H3C Technologies Co., Ltd., Juniper Networks, Inc., Cisco Systems, Inc., Allied Telesis, Inc., LANCOM Systems GmbH, ALE International, Ruckus Networks, Fortinet, Inc., and others

Segmentation Analysis

By Component the hardware segment is expected to dominate the market due to the increasing demand for controllers, gateways, routers, and access points. These hardware components form the backbone of WLAN infrastructure and enable high-speed internet connectivity.

By Industry the IT & Telecommunication sector is expected to lead the market in terms of WLAN adoption. These industries heavily rely on reliable and secure wireless networks to support their core operations, including data transmission, communication, and remote access.

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Key Market Segments

By Component

  • Hardware
  • Software
  • Services

By Enterprise Size

  • Small & Medium Enterprise
  • Large Enterprise

By Industry

  • BFSI
  • IT & Telecommunication
  • Healthcare
  • Retail
  • Government
  • Hospitality
  • Education
  • Others

Geopolitical and Economic Considerations

Geopolitical tensions and conflicts can create an atmosphere of uncertainty, potentially impacting investment and expansion decisions of enterprises. Businesses might hesitate to invest in network infrastructure, including WLAN, in regions affected by conflict due to concerns about stability, potential damage to infrastructure, or political risk.

These factors can negatively affect the purchasing power of businesses, leading to a potential decline in WLAN adoption or slower upgrade cycles. Enterprises may prioritize investing in security measures, including enhanced network security and encryption, to protect their WLAN infrastructure from potential threats. This could drive the demand for security-focused WLAN solutions and services. In response to the conflict, governments may impose trade restrictions, embargoes, or sanctions on certain regions or entities involved. Such measures can impact the import/export of WLAN equipment and technologies, potentially limiting the availability of certain products in the market.

Regional Development

North America dominated the Enterprise WLAN market and is expected to maintain its position during the forecast period, owing to an increase in the need for high-speed internet for business due to the shift towards digitization and the availability of unlicensed and shared spectrum deployment in organizations.

Asia Pacific is predicted to grow at the fastest rate. This market had significant growth in all major nations, including China, India, Japan, and others. The expanding usage of wireless technologies, as well as increased investment by the top telecom providers, are driving market growth. According to the GSMA Intelligence Report, mobile operator businesses in the Asia Pacific area aim to invest more than USD 400 billion between 2020 and 2025.

Recent Developments

In January 2024: Extreme Networks Inc. launched two new solutions, the AP5020 Wi-Fi 7 Universal Access Point and a cloud-managed network management system, to help highly dispersed enterprises improve security and network connectivity.

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Key Takeaways

The market is expected to witness significant growth in the Asia-Pacific region due to its strong economic development and expanding telecommunication sector. Increased investments by major telecom providers in the region are fueling the adoption of advanced WLAN technologies.

Security remains a top priority for enterprises deploying WLAN solutions. Advanced solutions with robust security features are gaining traction to safeguard sensitive data transmission and prevent network breaches. The rise of cyber threats further emphasizes the need for secure WLAN infrastructure.

The market is expected to be driven by the hardware segment, particularly access points and controllers, which form the backbone of WLAN infrastructure. Additionally, the increasing number of SMEs venturing into the digital space will contribute to market growth.

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