Market Outlook : Wireless LAN Security Market Globally Grow at a CAGR of 19.93% by Revenue During the Period 2017-2021

ALBANY, NY, April 21, 2017 : WLAN is a wireless Ethernet connectivity between client devices such as desktops computers, PDAs, and the wireless hub connected to the physical network. WLANs follow the wired network's traditional hub-spoke configuration and consists of the following two components including wireless clients and APs. The growth in the market is because of the adoption of smartphones and the need for high data transmission speed across networks. Enterprises use WLAN because it is cost-effective compared to wired networks that require infrastructure.

Based on technology, WLAN can be segmented into WPA2, WPA, WEP, and no-encryption. WPA2 is the most advanced protocol available for WLAN security. It is the most widely used WLAN security technology. WEP is the oldest WLAN security algorithm available. However, its adoption is decreasing with the growing availability of advanced security protocols. The rate of WLANs with no encryption is decreasing every year.

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Technavios analysts forecast the global WLAN security market to grow at a CAGR of 19.93% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global WLAN security market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of WLAN security solutions.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

Technavio's report, Global Wireless LAN Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Aruba Networks
Cisco
Fortinet
Juniper
Ruckus
Symantec

Other prominent vendors
AirTight Networks
Broadcom
Brocade Communication Systems
Dell SonicWALL
Enterasys Networks
Highwall Enterprise
Motorola Solutions

Market driver
Growth in emerging markets
For a full, detailed list, view our report

Market challenge
Wireless networks are vulnerable for data transmission
For a full, detailed list, view our report

Market trend
Increased adoption of IoT and BYOD
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.