"Smart Strategies, Giving Speed to your Growth Trajectory"
The global enterprise WLAN market size was USD 6.31 billion in 2020 and is projected to grow from USD 6.52 billion in 2021 to USD 9.59 billion by 2028, exhibiting a CAGR of 5.7% during the 2021-2028 period. Based on our analysis, the global market exhibited a lower growth of 3.3% in 2020 than the average year-on-year growth during 2017-2020. The global impact of COVID-19 has been unprecedented and staggering, with witnessing a negative impact on demand across all regions amid the pandemic. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels once the pandemic is over.
In the scope of the study, we have included key players such as Commscope, Inc., D-Link Corporation, Dell Technologies, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., and others. These players offer products and solutions such as indoor AirEngine 8760-X1-PRO Access Points ap, AirEngine 6700R Series Outdoor access points, and others, by Huawei Technologies Co., Ltd. Also, Wi-Fi 6 products include Wi-Fi Routers, M15 AX1500 Mesh Router by D-Link Corporation, Secure Wireless LAN, FAP-831F, FAP-431F, FAP-433F, FAP-432F indoor and outdoor wireless access points offered by Fortinet, Inc. These enterprise WLAN products are widely used for high-speed internet connectivity.
Enterprise WLAN is a network of wireless distribution that connects multiple devices to the internet and facilitates access over public and private cloud services. The rising adoption of Internet of things (IoT) devices, the emerging trend of bringing your own devices (BYOD), drive the Enterprise WLAN solutions growth. According to Forbes, the companies in the U.K. with BYOD occurred in around 60% from the finance and insurance companies. Also, the surge in demand for broadband connectivity and increase in internet usage across enterprises around the globe drives the market growth. According to the Wi-Fi Broadband Organization, internet usage through digital platforms such as video conferencing increased by 300% from February to October 2020 in the U.S.
Increasing demand for network devices such as controllers, gateways, routers, switches, and others also drives the Enterprise WLAN solutions growth.
WLAN Hardware Products Sale Declined Owing to Government Restrictions on Travelling and Supply Chain Disruptions Amid COVID-19 pandemic
The COVID-19 pandemic has disrupted the supply chain activities as several countries' governments have restricted traveling, production activities, and closer of import and export activities. Internet usage and broadband connectivity usage in enterprises have declined, owing to lockdown and travel restrictions globally. The hardware sale of several leading players in the market has been declined amid the COVID-19 pandemic. For instance, Commscope, Inc.’s company’s net sales of the WLAN and Home Network’s segments revenue was declined to 2.13 billion by 7.3% in the fourth quarter of 2020. This factor is primarily attributed to the closure of businesses, production activities, and supply chain disruptions.
Though, the WLAN services and software market slightly increased in the first quarter of 2021 owing to new products developments by the key players. Also, post the COVID-19 pandemic, several leading players have increased their revenue owing to rising demand. For instance, in the second quarter of 2021, New H3C Technologies Co., Ltd.’s global revenues for enterprise WLAN business increased with an annual rate of 16.2%. New H3C Technologies Co., Ltd designs, manufactures, and supplies WLAN products in more than 100 countries globally.
Request a Free sample to learn more about this report.
Growing Demand for Wireless Broadband and Wi-Fi Connectivity, Support Industry Progress
The demand for Wi-Fi connectivity is rapidly growing from businesses and consumers enterprises around the globe. According to the Wi-Fi Organizations, the global economic value of Wi-Fi connections reached USD 3,244 billion in 2021 and is projected to reach around USD 4,348 billion by 2025. WLAN connects local internet connection via wireless devices such as smartphones, laptops, tablets, and printers using a wireless radio Wi-Fi signal.
Wi-Fi connections using the WLAN devices are cutting-edge technology enabling enterprises to achieve fast internet speed. Several leading players are developing advanced technologies based on networking products such as RFID, WI-Fi, and others. For instance,
Increasing Adoption of Cloud-based Managed Services to Drive Market Growth
The market size is growing by increasing adoption of cloud-based managed services and rising demand for IoT devices around the enterprises. Cloud-managed platforms assist organizations in facilitating higher speed by deploying radio frequency (RF)-based solutions. Several leading players are developing cloud platforms to manage the internet and Wi-Fi connections around the globe. For instance,
The market is further driven by increasing investment in wireless technology and a surge in the sale of smart IoT and connected devices. According to Gartner Inc. Report, the number of connected devices such as sensors and others reached USD 14.2 billion in 2019 and is projected to reach USD 25 billion by 2021. This factor creates a more robust demand for the enterprise WLAN products and solutions for the sectorial that depends on the internet network connections.
Lack of Standardization in WLAN Technology with Portability and Deployment Issue
The players in the market are struggling to meet the standardizations of Wi-Fi technology-based access point networks. A wireless enterprise LAN deployment does not end unless and until it provides access to the internet connections. The network consists of handling and deploying access points in the required locations. The access points' locations depend on the single device with the specific area network coverage. Also, the lack of standardized instruments by different vendors and the issue related to network trafficking bottlenecks hinder the market growth. The WLAN network’s antenna is installed in open space for gaining access points. The network coverage faces several RF obstacles such as ceilings, walls, and furniture.
Lack of standardization in WLAN technology with portability and deployment issues might hinder the market growth.
To know how our report can help streamline your business, Speak to Analyst
Rising Demand for Advanced Wireless Networking Equipment to Aid in Growth of Hardware Segment
Based on the component, the market is divided into hardware, software, and services. Among these, hardware is expected to hold the largest market share due to the increasing demand for controllers, gateways, routers, and others. WLAN hardware products are used for high-speed internet connectivity in the specified coverage area.
Further, hardware is subdivided into wireless access points, access point antenna, wireless LAN controller, multigigabit switches, wireless location appliances, and others. Several leading players are developing advanced wireless access points hardware products to cater to requests for end-users. For instance,
Further, the software is divided into WLAN security, WLAN analytics, WLAN management, and others. Increasing adoption and developments of cloud-based software solutions for better internet connectivity have propelled the market growth for software and services.
Rising Number of Small & Medium Size Enterprises, Support Market Growth
Based on the organization size, the market is divided into small & medium enterprises and large enterprises. Small & medium enterprises are expected to grow at the highest growth rate during the forecast period. This is primarily attributed to the increasing number of start-ups and the surge of emerging digital services providers. For instance, as of 2020, the U.S. has more than 63,703 IT and digital service small and medium scale start-ups.
Also, large enterprises are adopting advanced WLAN solutions for fast internet connectivity. Players in the market are developing customized WLAN solutions to meet the wireless connectivity demand from large enterprises. For instance,
Increasing Investments from IT &Telecommunications and Healthcare, Benefit Market Growth
Based on industry, the market is divided into BFSI, IT & Telecommunication, healthcare, retail, government, hospitality, education, and others. Among these, IT & Telecommunication is expected to hold the largest market share leader during the forecast period. Growing IT and telecommunication spending around the globe with the surge in digitalization is expected to drive market growth. According to Gartner, Inc., global IT spending reached USD 3.75 Trillion and is projected to reach USD 4.1 trillion by 2021 with an annual growth rate of 8.4%.
Healthcare is expected to grow with the highest growth rate, owing to the rising adoption of Wi-Fi technologies in hospitals and healthcare centers. The WLAN provides well-defined healthcare organizations with configured, controlled, monitored, and managed features of hospitals' operations.
North America Enterprise WLAN Market Size, 2020 (USD Billion)
To get more information on the regional analysis of this market, Request a Free sample
The market has been analyzed across five major regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
North America is expected to capture the largest market share during the forecast period. This is primarily attributed to increasing investment in wireless Wi-Fi technologies with the presence of leading players such as Netgear Inc., Verizon, Fortinet, Inc., and others. For instance,
Such considerable investments in the wireless technology infrastructure have boosted the demand for commercial WLAN.
Asia Pacific is expected to develop with the highest growth rate during the forecast period. This market saw noteworthy growth in all major countries, including China, India, Japan, and others. The market size is driven by the growing adoption of wireless technologies and rising investment by the leading telecom companies. According to the GSMA Intelligence Report in November 2020, Mobile operator companies in the Asia Pacific region plan to invest more than USD 400 billion during the forecast period 2020 to 2025. It requires wireless local area networking WLAN for internet connectivity in this region.
Europe is projected to develop at a substantial growth rate during the forecast period. In Europe, the countries such as Germany, the U.K., Italy, France, and others, are expected to grow at a significant CAGR. In addition, several leading players and governments authorities across the region are investing in adopting Wi-Fi and wireless connectivity in central and Eastern Europe. For instance, the European Commission allocated the budget through the WiFi4EU initiative to promote free Wi-Fi connectivity in public spaces across Europe. The WiFi4EU initiative budget includes the funding of USD 138 million for the period of 2018 to 2020. Such investment and European government initiatives have propelled the enterprise WLAN market growth.
To know how our report can help streamline your business, Speak to Analyst
The Middle East and Africa enterprise WLAN market is expected to grow steadily during the forecast period. This is primarily owing to a surge in the adoption of broadband and Wi-Fi-based wireless connectivity products. South America is growing at a moderate pace with a surge in adopting strategic collaborations and partnerships by the leading players. For instance,
Product Development & Expansion Strategy Among Key Market Players, Helps Market Growth
Key players in the market, including D-Link Corporation, Dell Technologies, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Netgear Inc., and others, are focused on offering advanced WLAN solutions. These players are expanding their product portfolio to cater to the increasing demand for enterprise WLAN solutions at an enterprise level. The players in the market are adopting several strategies such as partnerships, acquisitions, and collaboration to grow their businesses around the globe. For instance,
An Infographic Representation of Enterprise WLAN Market
To get information on various segments, share your queries with us
The enterprise WLAN market research report highlights leading regions worldwide to understand the user better. Furthermore, the report provides market size and vendor insights into the latest industry and market trends and analyses technologies deployed rapidly globally. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the market. The report also includes global market size and vendor share analysis globally.
Value (USD billion)
Component; Organization Size; Industry; and Geography
By Organization Size
The market is projected to reach USD 9.59 billion by 2028.
In 2020, the market size stood at USD 6.31 billion.
The market is projected to grow at a CAGR of 5.7%.
The hardware is likely to lead the market.
The increasing adoption of wireless technology products and cloud-managed services are escalating the market growth.
D-Link Corporation, Dell Technologies, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., LANCOM Systems GmbH, Netgear Inc., and others are the top players in the market.
North America is expected to hold the highest global share in the market.
Healthcare is expected to grow with the highest CAGR.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry