WLAN: Key market research findings
- The Americas dominate the global market
- Increasing adoption of BYOD and COPE policies drives market growth
- Key vendors – Cisco, HP/Aruba, Ruckus, and Ubiquiti
The market research analysts at Technavio expect the global WLAN market to grow at a CAGR of more than 10% between 2016 and 2020. The market is driven primarily by the rise in global internet traffic. To support a high volume of data, network operators are upgrading their WLAN networks to keep up with the rising demand for faster internet connectivity. This is resulting in increased sales volumes and adoption of WLAN devices across the globe. In 2015, the global WLAN market was dominated by the Americas with a market share of almost 48%. The rising number of connected households in this region is expected to propel the growth of the WLAN market in the Americas during the forecast period.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“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). The increased adoption of BYOD can be accredited to the convenience it brings about for employees. COPE, on the other hand, is becoming more popular among organizations as these devices are issued and sanctioned by organizations, enabling them to secure mobile devices from employees and monitor them,” says Sunil Kumar Singh, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The global market is currently witnessing an upsurge in the shipment of connected devices. During 2015, the computing devices segment made the largest revenue contribution to the market, accounting for more than 80% of the overall market share. New Wi-Fi standards such as 802.11ac have emerged to address the need for connecting numerous products such as gateways, home appliances, and entertainment systems for smart homes, sensors, and STBs with a common wireless standard that provides interoperability with the widest range of smart devices. The emergence of such next-gen connected devices will fuel the demand for WLAN devices over the next four years.
The key vendors in the global WLAN market include Cisco, HP/Aruba, Ruckus, and Ubiquiti. Rising internet penetration and higher adoption of mobile computing devices are driving the deployment of WLAN solutions globally. This is due to the increasing use of mobile computing devices for sending e-mails, watching online video content, sending text messages, and transferring files and documents among users. These high bandwidth applications require high data transfer rate that is possible with Wi-Fi technology. Thus, multiple enterprises including aviation, hospitality, education, government, and retail are deploying WLAN solutions.
A more detailed analysis is available in the Technavio report, Global WLAN Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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