Global WLAN Market 2016-2020
WLAN is a computer network that enables data transmission at high speed without the need of wired connection for connectivity between devices. The network is utilized in homes and by enterprises and small and medium-sized enterprises (SMEs) related to multiple sectors, and by government organizations. WLAN overcomes the disadvantages of a wired network of connecting multiple devices over long distances. It helps user to access remote applications and data. WLAN also ensures increased bandwidth, leading to improved performance of network. Data transmission can take place at speeds ranging from 1 to 600 Mbps. WLAN are implemented in two ways: internal WLAN and authorized visitor WLAN.
Technavio’s analysts forecast the global WLAN market to grow at a CAGR of 14.16% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global WLAN market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of WLAN products and solutions to enterprises and individual customers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global WLAN Market 2016-2020
Technavio recognizes the following companies as the key players in the global WLAN market: Cisco Systems, HP/Aruba, Ruckus, and Ubiquiti.
Other Prominent Vendors in the market are: Aerohive, Belkin, Buffalo Technology, D-Link, NETGEAR, Samsung, Zebra Technologies, and ZTE.
Commenting on the report, an analyst from Technavio’s team said: “With constantly changing business scenarios, organizations are developing mobile workforce to stay competitive. Constant changes in work locations, time zone barriers, and the need to access official and confidential data anytime and anywhere are prompting organizations to adopt policies such as bring your own device (BYOD) and corporate-owned, personally enabled (COPE). Companies are increasingly adopting BYOD, as it provides convenience to employees to work from any location, without hampering the quality. BYOD solutions offer global connectivity, can enhance organization's mobile workforce productivity, and help employees in real-time decision-making processes. BYOD applications installed on mobile devices such as laptops, tablets, and smartphones enable remote management of devices. Technavio expects that the global BYOD market will grow at a CAGR of 22.32% during 2015-2020. COPE is becoming more popular among organizations because these devices are issued and sanctioned by organizations, enabling them to secure mobile devices from employees and monitor them. BYOD and COPE policies are encouraging both organizations and employees to use mobile devices at workplaces. As this trend starts to pick up pace, Technavio expects higher WLAN network upgrades during the forecast period.”
According to the report, rise in global internet traffic will be a key driver for market growth. The global IP traffic is expected to grow at a CAGR of 26% during 2015-2020. Mobile data traffic is estimated to grow at a rate of 75% from 2015-2018. Video data traffic is expected to contribute 70% of the overall data traffic by 2020. IP networks will carry 5.8 exabytes per day in 2020 compared to 2.2 exabytes per day in 2015. The emergence of new Wi-Fi standards such as 802.11ac further added to Internet traffic by enabling easy connectivity to multiple devices. In order to support high volume of data, network operators are upgrading their WLAN networks to keep up with the rising demand. This has led to greater adoption and rise in sales of WLAN devices.
Further, the report states that the WLAN market is characterized by rapid technological changes, evolving industry standards, and short product life cycle. Vendors are continuously developing new products compatible with updated WLAN standards at competitive prices. The vendors are facing the challenge to reduce total cost of ownership (TCO) of WLAN network infrastructure for their customers. The deployment of new WLAN technologies requires technically skilled development and engineering staff that can adapt to technological changes in the market. If professional expertise does not exist, organizations will have to invest a lot in training people. As the number of people with expertise in new technologies is limited, the cost of hiring them is high. This adds to an organization's TCO.
Cisco Systems, HP/Aruba, Ruckus, Ubiquiti, Aerohive, Belkin, Buffalo Technology, D-Link, NETGEAR, Samsung, Zebra Technologies, ZTE.
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