Wireless LAN security: Key market research findings
- Rising number of data breaches drives market growth
- The Americas dominates the market geographically
- Key vendors – Aruba Networks, Cisco, Fortinet, Juniper, Ruckus, and Symantec
Technavio’s market research analysts predict the global wireless LAN security market to grow at a CAGR of almost 20% between 2016 and 2020. The market’s growth can be accredited to the rising instances of data breaches across the globe. Cyber criminals mainly use the simple service discovery protocol, network time protocol, and domain name system to carry out distributed denial of service attacks. Enterprises can minimize security risks by disabling the simple service discovery protocol if it is not in use. During 2015, the market was dominated by the Americas with a market share of around 41%. Factors such as the increase in wireless LAN (WLAN ) infrastructure deployments and the rising popularity of the bring-your-own-device (BYOD) policy are factors that will propel growth in the WLAN security market in the Americas during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the wireless LAN security segments based on the end-user.
“Of late, the focus on modernization of network infrastructure is gaining traction. Modern network infrastructure can improve the user experience by providing faster upload and download speeds of multimedia data over the Wi-Fi service. Besides, as 5G connectivity is an emerging trend in the global WLAN security market, many enterprises are increasing their network infrastructure budget to upgrade their network infrastructure,” says Amrita Choudhury, Lead Analyst, ICT, Technavio Research.
During 2015, the end-user segment held a market share of almost 55% to become the primary revenue generator in the WLAN security market globally. The increased adoption of mobile devices and the implementation of the BYOD policy by enterprises is stimulating growth in the WLAN market. This is triggering a rise in the demand for WLAN security solutions as low-tech attackers can disrupt businesses by launching wireless packet floods targeting APs, nearby servers, next-hop wired networks, or Internet uplinks.
The key vendors in the market include Aruba Networks, Cisco, Fortinet, Juniper, Ruckus, and Symantec. Intense competition prevails in this market because there are a number of new collaborations and emerging prominent vendors in the market with a strong global presence. The established vendors have captured the entire market, which has restricted the entry of new players in the market. Cisco is the major vendor in both the access wired switching and WLAN markets. It provides both on-premises and cloud-based controlled solutions to deploy WLAN technology and also offers a number of solutions and services such as Data Center Hardware and Wi-Fi Security.
A more detailed analysis is available in the Technavio report, Global Wireless LAN Security Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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