Press release
WLAN Market Growth Overview, Statistics, Industry Trends & Competition Strategies
The WLAN Market size was valued at USD 1.60 Billion in 2023 and the total WLAN Market revenue is expected to grow at a CAGR of 10.5 % from 2024 to 2030, reaching nearly USD 3.22 Billion by 2030.WLAN Market Report Overview
Wireless Local Area Networks (WLANs) facilitate wireless communication and connectivity within limited areas like homes, offices, and campuses, using IEEE 802.11 standards (Wi-Fi). The market is witnessing robust growth due to the proliferation of smartphones, tablets, and IoT devices, driving demand for seamless wireless connectivity. North America leads the market with advanced technology adoption, high internet penetration, and significant investments in wireless infrastructure. Companies are focusing on R&D to innovate WLAN solutions, and strategic mergers and acquisitions are expanding market capabilities. The upcoming Wi-Fi 7 (802.11be) standard promises enhanced wireless performance, further stimulating market growth.
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WLAN Market Report Scope and Research Methodology
Market Research Report on WLAN Market capabilities an investigation approximately this marketplace and its numerous factors having an effect on the marketplace and ecosystem. This report educates stakeholders on the investment feasibility, market competition, and key players of the WLAN market. The report covers the sector from a qualitative and quantitative information perspective. The report covers a competitive analysis of the WLAN market. It provides a comprehensive list and includes an in-depth explanation for each requirement. Research uncovers a long list of primary and secondary sources used in WLAN Market analysis, such as governmental organizations, customer feedback, journals, and whitepapers.
WLAN Market Dynamics
Increasing Mobile Device Usage Driving Growth:
The widespread adoption of smartphones and tablets has escalated WLAN demand in residential and commercial sectors. Wireless connectivity is crucial for daily activities, including streaming, communication, and remote work. As IoT devices proliferate, WLAN infrastructure must support extensive connectivity and communication needs, driving market expansion. The COVID-19 pandemic accelerated remote work and online education, underscoring the importance of reliable WLAN infrastructure for seamless virtual interactions and data access.
IoT Expansion Boosts Demand:
The IoT market is expanding rapidly, with billions of devices anticipated to connect in the coming years. WLANs are essential for IoT devices, offering low latency and high data throughput. Wi-Fi 6 (802.11ax) and Wi-Fi 6E have significantly improved wireless networking with higher speeds and capacity, ideal for environments with dense device populations. These advancements are catalyzing WLAN infrastructure upgrades across offices, stadiums, and urban areas.
Government Initiatives and Smart City Projects:
Governments worldwide are investing in smart city initiatives that leverage WLAN for public Wi-Fi, urban services enhancement, and resident quality of life improvements. Deploying wireless networks in public spaces and government buildings presents extensive growth opportunities for the WLAN market.
WLAN Market Segmentation
by Components
Controller
Router
Switch
Access point (AP)
Network interface card (NIC)
The market is divided into four segments: Controller, Router, Switch, Access point (AP), and Network interface card (NIC) based on Component. Throughout the forecast period, the router category is anticipated to hold the greatest WLAN market share, having dominated the market in 2023. WLAN routers are hardware that creates a wireless access point to which devices can connect in order to access the internet by forwarding data packets between computer networks. An growth in internet traffic and the number of smart homes have drove up demand for high-performance routers.
by Standard Technology
802.11a/b/g
802.11n
802.11ac.
by End User
Verticals Banking, Financial Services, and Insurance (BFSI)
Healthcare
Retail
IT and Telecommunications
Government
Education
Hospitality
Others
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WLAN Market Regional Insights
North America:
North America is a frontrunner in WLAN technology, characterized by continuous technological innovations and high market maturity. The region's leadership in WLAN adoption is bolstered by robust investments in digital transformation initiatives across enterprises and educational institutions. The United States, alongside Canada, hosts key WLAN solution providers like Cisco Systems and Aruba Networks, contributing to the region's technological leadership and market dominance.
WLAN Market Key Players
1. Cisco: San Jose, California, USA.
2. HPE Aruba Networking: Santa Clara, California, USA.
3. Ubiquiti: New York City, New York, USA.
4. Huawei: Shenzhen, Guangdong, China.
5. Alpha Networks: Hsinchu, Taiwan.
6. Ruckus Networks: Sunnyvale, California, USA.
7. H3C Technologies Co., Ltd.: Hangzhou, Zhejiang, China.
8. Cambium Networks: Rolling Meadows, Illinois, USA.
9. Intel Corporation: Santa Clara, California, USA.
10. Microsemi Semiconductor: Chandler, Arizona, USA.
11. EnGenius Technologies: Costa Mesa, California, USA.
12. Hewlett Packard: Palo Alto, California, USA.
13. Zebra Technologies: Lincolnshire, Illinois, USA.
14. Dell: Round Rock, Texas, USA.
15. Netgear: San Jose, California, USA.
16. Murata Manufacturing Co., Ltd.: Kyoto, Japan.
17. D-Link: Taipei, Taiwan.
18. TP-Link: Shenzhen, Guangdong, China.
19. Ericsson: Stockholm, Sweden.
20. Netgear Solutions: San Jose, California, USA.
21. CommScope: Hickory, North Carolina, USA.
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Key Questions answered in the WLAN Market Report are:
What was the WLAN market size in 2023?
What is the expected WLAN market size by 2030?
What are the WLAN market segments?
Which WLAN market segment is expected to grow rapidly during the forecast period?
Which are the prominent players in the WLAN Industry?
What key trends are expected to emerge in the WLAN market during the forecast period?
Which region dominated the WLAN market?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by segments with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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