WLAN Market: Global Industry Analysis and Outlook, Market Share, Market Size by 2022-2029

WLAN Market size was valued at US$ 1.32 Bn. in 2021 and the total revenue is expected to grow at 10.5 % through 2022 to 2029, reaching nearly US$ 2.94 Bn.
WLAN Market Overview:
WLAN is a computer network that allows high-speed data transmission between devices without the use of a wired connection. The network is used in residences, as well as by businesses and small and medium-sized companies (SMEs) from a variety of industries, as well as government agencies. WLAN eliminates the drawbacks of a wired network by allowing many devices to communicate across large distances. It allows users to access data and apps from a remote location. WLAN also ensures enhanced bandwidth, which improves network performance. Data may be sent at rates ranging from 1 to 600 Mbps. There are two types of WLAN implementations: internal WLAN and authorised guest WLAN.To know about the Research Methodology :- Request Free Sample Report

2021 is considered as a base year to forecast the market from 2021 to 2029. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029. 2021 is a year of exception and analysed specially with the impact of lockdown by region.
Global WLAN Market Dynamics:
The wireless local area network market is seeing an increase in demand. Because the new normal is to do everything online, whether it's lectures, meetings, or online shopping, a high-speed internet connection is essential, resulting in the growing of the wireless local area network industry. It also serves as a complement to desktops and phones, in that everyone who wishes to work via the internet must have a wireless local area network. As a consequence, as sales of all electronic gadgets rise, so do sales of wireless local area networks.

The market for wireless local area networks is growing in popularity. Various organisations are now putting a lot of attention on migrating to a digital workplace, which might be a key contributing element for growing market and, as a result, enhance the growth of the wireless local area network sector. Not just in the commerce industry, but also in the service sector, growth is accelerating. In the anticipated time, it is expected to reach various heights.

Increasing use of WLAN trends such as BYOD in enterprise and vertical specific applications is driving the development of the global WLAN market. During the forecast period, the migration of individuals and businesses from connecting to wireless networks is expected to drive market development. During the forecast period, the introduction of the Internet of Things, cloud-based WLAN deployment, and increased demand for the 802.11 ac Wave 2 protocol are expected to bring good prospects to market leaders. In the near future, rising WLAN hardware costs will limit demand, and bandwidth and invisible issues will become major obstacles to the WLAN market.

However, lack of standardisation in WLAN technology for internetwork portability and interoperability, as well as lack of availability due to high WLAN product pricing, are limiting global market growth.

COVID-19 Impact:

Although the COVID 19 epidemic has had a negative impact on economies, it has greatly increased the market share of wireless local area networks. There was a huge market growth of wireless local area network during the lockdown period and sometimes even later, as school / college students used to have online classes and job holders used to have virtual meetings over through the internet, and to do so without buffering, one requires higher internet connectivity, which would be possible with the support of wireless local area network.

COVID 19 had a huge influence on how economies functioned in general. It had sent the world financial system into a forced recession. And, in order to deal with the problem, the wireless local area network aided in adopting the new normal, in which all activities are carried out online using IT and communication. Traditional companies are turning to wireless local area networks to help them recover from this dire scenario. The economies are anticipated to emerge from this quagmire in the next decades.
Global WLAN Market Segment Analysis:
The global WLAN Market is segmented by Type, Service, and End-User.

Based on the Component, the global WLAN market is sub-segmented into Controller, Router, Switch, Access point (AP) and Network interface card (NIC). The WLAN Controller segment held the largest market share of 38.2% in 2021. Due to the huge number of network operations centres and the segment's ability to manage wireless access points, this segment is likely to gain a significant market share. During the forecast period, the demand for business WLAN market would be aided by a large number of smartphone users and a greater intensity of data consumption in various verticals such as hospitals, restaurants, residences, and others.

Based on the Application, the global WLAN market is sub-segmented into BFSI, Healthcare, IT and Telecommunications, Retail, Government and Others. The IT and Telecommunications segment held the largest market share of xx% in 2021. This segment makes extensive use of software and hardware to implement data transport in a variety of ways. In this case, a huge volume of data is segmented, and the installation of an enterprise WLAN helps data transfer. This type of corporate Wi-Fi genuinely expands the scope of data transfer and improves transmission, implying a strong development trend for the enterprise WLAN market throughout the forecast period.
WLAN Market Regional Insights:
North America held the largest market share of xx% in 2021. Because of the presence of major market participants in the region. During the forecast period, technological advancements, a developed country, and an IT centre attributable to significant industrialization and the existence of multiple IT organisations that utilize WLAN for different reasons would fuel regional market growth. In 2021, the WLAN market in the United States grew by 11.9%, while the Canadian market grew by 0.6%.

Asia Pacific is expected to grow at a highest CAGR of xx% in the global WLAN market during the forecast period. The key centre for information technology and telecommunications is Asia Pacific. Cloud-based services are the most appealing investment destination in this area, increasing the enterprise WLAN market's development prospects throughout the forecast period. In compared to other locations where the number of dependent persons is fairly high, this region has a significant working population. With a high number of growing markets, including as China, India, and South Korea, where there are significant potential prospects, the global WLAN market is expected to increase significantly throughout the forecast period.

The objective of the report is to present a comprehensive analysis of the global WLAN Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also helps in understanding the global WLAN Market dynamic, structure by analyzing the market segments and project the global WLAN Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global WLAN Market make the report investor’s guide.
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WLAN Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2021-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $1.32Bn.


Forecast Period 2021 to 2029 CAGR:
10.5%
Market Size in 2029:
US $ 2.94 Bn.


 Segments Covered:
by Component
• Controller
• Router
• Switch
• Access point (AP)
• Network interface card (NIC)


by Location
• Indoor
• Outdoor


byStandard Technology
• 802.11a/b/g
• 802.11n
• 802.11ac.


by Application
• BFSI
• Healthcare
• IT and Telecommunications
• Retail
• Government
• Others



WLAN Market, by Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa
WLAN Market Key Players
• Cisco
• Aruba Networks, Inc.
• HP
• Ruckus Wireless
• Ubiquiti Networks
• Aerohive Networks
• Zebra Technologies
• Netgear
• Huawei
• D-Link
• TPLink
• Belkin International, Inc.
• Alcatel Lucent Enterprises
• Dell Inc.
• Zte Corporation
• Boingo Wireless
• Allied Telesis
• Juniper Networks
• CommScope
• Extreme Networks, Inc.
• Ericsson
• Hewlett-Packard Enterprises
• Netgear Solutions

Frequently Asked Questions:

1. Which region has the largest share in Global WLAN Market?
Ans: Asia Pacific region held the highest share in 2021.

2. What is the growth rate of Global WLAN Market?
Ans: The Global WLAN Market is growing at a CAGR of 10.5% during forecasting period 2022-2029.

3. What is scope of the Global WLAN market report?
Ans: Global WLAN Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global WLAN market?
Ans: The important key players in the Global WLAN Market are – Cisco, Aruba Networks, Inc., HP, Ruckus Wireless, Ubiquiti Networks, Aerohive Networks, Zebra Technologies, Netgear, Huawei, D-Link, TPLink, Belkin International, Inc., Alcatel Lucent Enterprises, Dell Inc., Zte Corporation, Boingo Wireless, Allied Telesis, Juniper Networks, CommScope, Extreme Networks, Inc., Ericsson, Hewlett-Packard Enterprises, and Netgear Solutions

5. What is the study period of this market?
Ans: The Global WLAN Market is studied from 2021 to 2029.