Press release
Enterprise WLAN Market Valuation Expected to Exceed USD 35.5 Billion at CAGR of 17.3% by 2031
The enterprise wlan market was valued at $7.4 billion in 2021, and is estimated to reach $35.5 billion by 2031, growing at a CAGR of 17.3% from 2022 to 2031.The software segment is expected to experience the fastest growth in the coming years, owing to increasing adoption and development of cloud-based software solutions for better internet connectivity for better software services.
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The enterprise WLAN (Wireless Local Area Network) market is witnessing significant growth driven by the increasing adoption of wireless connections and the demand for mobility in network infrastructure. This market comprises sales of enterprise WLAN network devices and services, offering organizations an alternative to traditional wired connections by utilizing radio wireless connections, commonly known as Wi-Fi.
Enterprise WLAN devices facilitate wireless communication, linking multiple devices without the need for physical cables. These devices are instrumental in providing mobility to network users within a limited area, such as office buildings or corporate campuses. By utilizing radio communication, enterprise WLAN seamlessly connects to wired networks, enhancing connectivity and productivity for users.
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The adoption of cloud-based managed services is on the rise, driving the demand for enterprise WLAN solutions that offer scalability, flexibility, and centralized management capabilities. Large enterprises are increasingly investing in robust WLAN infrastructure to support their expanding operations and accommodate the growing number of connected devices. The proliferation of wireless and smart devices is fueling the demand for enterprise WLAN solutions, as organizations seek to provide seamless connectivity and access to resources for employees and customers.
Challenges and Constraints:
The absence of standardized protocols and practices in enterprise WLAN deployments poses challenges for interoperability and compatibility, hindering market growth. The high cost of WLAN products often deters organizations, particularly small and medium-sized enterprises, from making significant investments in upgrading their network infrastructure.
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The exponential growth in data traffic, driven by emerging technologies such as IoT and AI, presents lucrative opportunities for expansion in the enterprise WLAN market. The growing need for high-speed data connectivity, especially in industries such as healthcare, education, and retail, is expected to drive the adoption of enterprise WLAN solutions offering enhanced performance and reliability.
The enterprise WLAN market is poised for substantial growth, driven by the increasing demand for wireless connectivity, cloud-based managed services, and high-speed data connectivity. Despite challenges such as lack of standardization and high product prices, the market is expected to thrive, fueled by opportunities arising from the surge in data traffic and the need for scalable, reliable WLAN solutions across diverse industry verticals.
The key players that operate in the enterprise WLAN market analysis are Aerohive Networks, Alcatel Lucent Enterprise, Allied Telesis, Aruba Networks, Avaya Corporation, Cisco Systems, Inc., Dell Technologies Inc., Juniper Networks Inc., Ruckus Wireless, Huawei Technologies, Co. Ltd.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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