Enterprise WLAN Market Growing at a CAGR of 30.7% During 2016 to 2021 - ReportsnReports
PUNE, India, April 12, 2017 /PRNewswire/ --
Enterprise WLAN Market is projected to grow from $ 5.53 billion in 2016 to $21.10 billion by 2021, at CAGR of 30.7%. WLAN management software Segment to showcase the highest growth in the enterprise WLAN market & APAC region is expected to have the highest CAGR during the forecast period.
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This study has been done on a global level covering five regions broadly, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and Latin America, and is projected to grow from USD 5.53 billion in 2016 to USD 21.10billion by 2021, at a Compound Annual Growth Rate (CAGR) of 30.7% during the period. The market is being driven by factors such as service providers' drive to get away from low-margin commodity services to value-added services. However, now, as the need for internet has increased, users require internet connectivity at all times. This has stipulated the demand for wireless products and services. WLAN technology provides internet for all the users at all times and at any desired location. Lack of standardization in enterprise WLAN technology for provisioning of internet interloper ability and portability acts as bottlenecks for the market.
The growth in the WLAN management software market is mainly due to the increasing enterprise WLAN deployments in several locations, such as residential premises, enterprises, indoor public locations, citywide deployments, and deployments in various transportation modes, such as trains, airplanes, ships, and along the roads to provide wireless connectivity to end-users.
Countries such as Japan, India, Australia, Singapore, and China are highly dependent on the internet and telecommunication services. These services manage the design, implementation, monitoring, and maintenance of the network, which allows the companies to concentrate on their core business objectives. Additionally, huge population, developing technology hubs, and affluent countries such as South Korea, Singapore, and Hong Kong have further enhanced growth prospects in this region.
In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people.
- By Company: Tier 1: 36%, Tier 2: 21%, and Tier 3: 43%
- By Designation: C level: 75%, Director Level: 15%, and Others: 10%
- By Region: North America: 70%, Europe: 15%, and APAC: 15%
Order a copy of Enterprise WLAN Market by Component, Hardware (Wireless access points, AP Antennas, Wireless LAN controllers, Multigigabit Switching, Wireless Location Appliance), Software, Service, Vertical, and Region - Global Forecast to 2021 research report at http://www.reportsnreports.com/purchase.aspx?name=360189 .
The various key enterprise WLAN vendors and service providers profiled in the report are as follows:
The enterprise WLAN ecosystem comprises the following major vendors: Cisco Systems (U.S.), Juniper Networks (U.S.), Alcatel Lucent Enterprises (U.S.), Aruba Networks (U.S.), Ruckus Wireless (U.S.), Aerohive Networks (U.S.), Allied Telesis (U.S.), Avaya Corporation (U.S.), Dell (U.S.), Huawei (Japan), Extreme Networks (U.S.), ZTE Corporation (China), Fortinet (U.S.), Wi-Fi Spark (U.K.), Boingo Wireless (U.S.)
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