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Enterprise WLAN Market Size

Report ID: GMI2976
Published Date: Feb 2021
Report Format: PDF

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Enterprise WLAN Market Size

Enterprise WLAN Market size exceeded USD 10 billion in 2020 and is estimated to grow at a CAGR of over 20% CAGR between 2021 and 2027.

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The market growth can primarily be attributed to the continued growth of enterprise network infrastructure and industry-wide demand for reliable internet access. The increasing volume of data utilized by enterprise applications has fueled the use of enterprise WLAN solutions, bolstering network throughput and improving data transmission rates. The growing emphasis of organizations toward creating a digital workplace to improve premise mobility has become a major driving factor for the market expansion.

Enterprise WLAN Market Report Attributes
Report Attribute	Details
Base Year:	2020
Enterprise WLAN Market Size in 2020:	USD 10 Billion
Forecast Period:	2021 to 2027
Forecast Period 2021 to 2027 CAGR:	20%
2027 Value Projection:	USD 35 Billion
Historical Data for:	2016 to 2020
No. of Pages:	320
Tables, Charts & Figures:	451
Segments covered:	Component, Organization Size, Application and Region
Growth Drivers:	Growing demand for faster data transmission and better Wi-Fi coverage Increase in number of wireless devices Rapid adoption of Bring Your Own Device (BYOD) trend Demand for continuous coverage for enterprise networks Increasing demand for easy and cost-effective deployment of enterprise WLAN
Pitfalls & Challenges:	Network traffic bottleneck Dependency on a single device for network coverage in case of lightweight access points

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The enterprise WLAN market is witnessing a significant disruption in the supply chain and production due to the ongoing COVID-19 pandemic. A downward spike in the market was prominent across the globe owing to the pandemic continuing to cause economic stress in many geographies, resulting in declines in certain regions of the world. This is expected to project a negative impact on the market revenue.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The global enterprise WLAN industry size was valued at USD 10 billion in 2020 and will exhibit a 20% CAGR through 2027.

Managed services accounted for around 35% revenue share of enterprise WLAN market in 2020 and will witness adoption as businesses focus on providing an enhanced experience and focus on core operations.

The hardware segment had dominated South Korea enterprise WLAN market with a 55% revenue share during 2020 and will show similar trends in the future to achieve substantial cost savings.

Asia Pacific enterprise WLAN industry captured around 35% market share in 2020 and will witness notable growth led by the rising adoption of smart devices among business customers.

Mexico market share for enterprise WLAN from the education segment is anticipated to record 25% CAGR between 2021-2027 with increased need for network-based resources in schools.