USD 39.26 billion
Report ID:
SQMIG50C2025 |
Region:
Global |
Published Date: June, 2024
Pages:
260
|Tables:
95
|Figures:
76
Enterprise WLAN Market size was valued at USD 9.08 Billion in 2022 and is poised to grow from USD 11.05 Billion in 2023 to USD 59.62 Billion by 2031, growing at a CAGR of 23.6% in the forecast period (2024-2031).
The Enterprise WLAN market is experiencing growth primarily due to mobility, Internet of things (IoT), and continuously increasing need for high-quality and high-bandwidth connectivity across enterprises all over the world. This sector has several significant trends and dynamics which provide useful information on its current state and development. The market is experiencing consistent growth due to the increasing need for strong and secure WLAN network capable of delivering services to hosts of devices and applications. As new trends with employees working from home and flex office space with distinct grouping of desks are emerging, WLAN has become a vital piece of equipment for enterprises to enhance their productivity and organizational effectiveness.
The increasing use of technologies such as; Wi-Fi 6 (802. 11ax) and future Wi-Fi 6E technologies are key factors that explain the market growth. The Wi-Fi 6 and Wi-Fi 6E standards have pledged to offer higher throughput, lower latency, and better performance in environments with many users; all this is due to higher data demand among present-day businesses. Cloud-managed WLAN solutions are being adopted by organizations, providing enterprises with the advantages of scale, easy deployment, and ease of upgrade in comparison with local WLAN configurations. This shift is simplifying operations while at the same time cutting down overall costs in terms of usage across several industries. Healthcare, education, retail, and manufacturing industries are some of the major industries that have incorporated Enterprise WLAN solutions as they require dependable wireless connectivity in areas such as patient care monitoring, online classes and, smart production lines, respectively. In the future, WLAN vendors and IT service providers are likely to increase strategic collaboration and competition through partnerships. Enhancements of integrated network security solutions are also necessary to address emerging cyber threats and ensure appropriate protection of enterprise data.
Global Market Size
USD 39.26 billion
Largest Segment
Hardware
Fastest Growth
Hardware
Growth Rate
11.26% CAGR
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Global Enterprise WLAN Market is segmented based on Component, Placement, Technology, Organization Size and Vertical. Based on Component, the market is segmented into WLAN hardware, WLAN software, and WLAN services. By Placement, the market is segmented into Indoor and Outdoor. By Technology, the market is segmented into Wifi 5 and Wifi 6. By Organization Size, the market is segmented into Small and Medium-sized Enterprises (SMEs) And Large Enterprises. By Vertical, the market is segmented into IT & Telecommunication, BFSI, Healthcare, Transport & Logistics, Hospitality, Education, Retail, And Government. By region, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
Analysis by Component
In 2023, the WLAN hardware segment showed the largest revenue share of the market with 58.25%. This segment consists of controller, gateway, adapter, router, access point, antenna, repeater which can be used to establish the required broadband over specified area. The higher demand for high bandwidth systems in the enterprises requires better quality hardware equipment to serve this purpose this segment is expected to grow. Further, there is emphasis placed on creating new sophisticated wireless access point equipment that will effectively address the various challenges that end-users have today.
The WLAN software segment at present occupying the second largest market share is projected to grow at a CAGR of 23.5%. The net profit to gross sales ratio is expected to have an average annual growth rate of about 5% during the forecast period. Segment includes software applications necessary for controlling and improving WLAN networks by offering functionalities such as network control and security, and analysis functionalities that improve the performance of enterprise WLAN systems. For instance, Hewlett Packard Enterprise (HPE), a technology company that has been in the news lately due to its acquisition of other companies, recently in January 2023 stated its intention to buy Juniper Networks that is a networking equipment company for approximately $14 billion. Expected to be completed during the last quarter of 2024 to early 2025, this acquisition is expected to strengthen HPE’s networking profile and create market presence, which is strategic to both organizations’ goals to upgrade their portfolio in the networking industry. This move comes after the Wall Street Journal reported of pending high-level talks, in a bid to show that HPE is determined to foster growth by improving its networking capabilities.
Analysis by Placement
In 2023, indoor segment is the largest and has the highest growth rate in the global enterprise WLAN market. Despite the fact that there is a high competition in the global market indoor segment captured 65.72% market share which clearly defines its position. This segment is promoted by the growing need for high-speed Internet connection in corporate structures, schools and universities, healthcare facilities, and stores. Businesses are focusing on the implementation of reliable indoor WLAN solutions so as to provide consistent connection, increased efficiency, and superior client satisfaction. The increasing use of telecommuting and the general need for high-quality wireless connectivity in workplace environments similarly drive the market forward.
Furthermore, the outdoor segment is evidently a smaller market than the indoor segment for the market. This segment is relevant to the continuing demand for reliable wireless connections in campus, parks, transport terminals and big industrial estates. Casting WLAN outdoors is stimulated by the increasing desire for connectivity solutions in these areas that cater to mobile working parties, IoT devices, and public security. Whereas, it is imperative to mention that outdoor WLAN systems are developed for sustaining difficult and rigorous environmental conditions and offer excellent performance at larger areas that require coverage. Hence, the segment has grown due to the wireless technologies that have developed, and the increase in smart city projects that depend on outdoor network. However, outdoor WLAN market is not expanding at the same pace as indoor WLAN market but is expanding progressively due to the ever-increasing requirement of wireless connectivity in various outdoor environments.
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North America has the largest share in the Enterprise WLAN market with 43.50% market share. The region has been experiencing remarkable growth especially across the US. This has led to the region experiencing a rapid growth due to the large-scale investment in wireless Wi-Fi technologies with major market players. For instance, Netgear Inc. and Fortinet Inc. is Offering lucrative market opportunities, the region has seen large expenditure on wireless infrastructure; this is evidenced by recent development where AT&T Inc. committed to an investment of about USD 23 billion in March 2021 towards building wireless infrastructure and Verizon acquiring Charter Communications for about USD 45 billion in February 2021. Such substantial capital expenses indicate a growing WLAN market requirement across commercial verticals in North America. In addition to this momentum, major events have strengthened the United States' position in the WLAN industry.
Asia-Pacific is the fastest growing region in the enterprise WLAN market, with a 25.6% CAGR during the forecast period. This rapid growth is primarily due to increased demand for better Wi-Fi coverage and extensive use of wireless hotspots throughout cities. Governments in India, China, and Japan are encouraging the use of the internet and smart devices, driving the market forward. Businesses in the region are rapidly deploying WLAN networks to provide their employees with reliable, high-speed internet access. This shift is crucial for enabling a more mobile and flexible workforce, which has gained traction in the aftermath of digital transformation initiatives. Furthermore, the business is benefiting greatly from the rapid proliferation of FON networks (open Wi-Fi) in various APAC countries, which enhances connection and access. Furthermore, strategic advancements and collaborations among key industry players help to drive market growth.
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Increasing Demand for Mobility Solutions
Rising Adoption of Cloud Computing
Restraints
Security Concerns and Data Privacy Issues
High Initial Costs and Infrastructure Challenges
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The market for enterprise WLAN is highly saturated and highly competitive on the global level due to the fact that its value chain is invested heavily in key players seeking to dominate the market. It has players who have broad product offerings and who have operations all over the world making it hard for the other players into the market. These firms effectively utilize their consolidated R&D strengths to develop and launch new and better WLAN solutions that meet the specific needs of enterprises in terms of high-quality WLAN links. Furthermore, there are new entrants that are entering the market with unique market segments or unique technologies, which are usually targeted at verticals segments or new technology such as cloud-based WLAN solutions. Over the years, vendor cooperation in this market is high since it encourages technology adoption and the expansion of coverage. This is driven by the continuous enhancement of BYOD policies in the market, demand for a seamless connection, and the enhanced internet of things application, which requires a strong and efficient wireless LAN that is capable of handling dense traffic data in a secure manner.
Integration of AI and Machine Learning: Incorporation of artificial intelligence (AI) and machine learning (ML) into the design of enterprise WLAN is one of the major trends in the market. Recent WLAN vendors’ models include Artificial Intelligence for analytics in the networks for increased performance, integrated usage pattern predictions, and security issues handling. Real time inclusive network monitoring and analysis is possible through machine learning algorithm besides identifying defective WLAN and implementing auto response measures hence increasing the reliability of the WLAN.
Adoption of Wi-Fi 6 (802. 11ax) Standards: The particular trend on the enterprise WLAN market is Wi-Fi 6 adoption, which is gradually increasing. Wi-Fi 6 has better speed, capacity and efficiency in terms of populated networks thus the ideal in enterprises with heavy traffic and connections. Enterprises are migrating their WLAN to Wi-Fi 6 in order to prepare for forthcoming applications such as IoT, 5G, and AR/VR networks.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global enterprise WLAN market is expected to continue to expand as organizations across the world continue to invest in transforming digitally and require dependable, fast wireless networking solutions. According to our research, it is expected to experience a CAGR in the excess of 23.6% during the period under forecast mainly due to rising spending on smart city solutions and differentiation arising from evolving cloud environments as well as the proliferation of mobile devices. Market trends that are relevant to the situation are the shift towards 802. 11ac and 802. 11ax (Wi-Fi 6) standard for the higher speed and capacity of WLAN and the utilization of AI and machine learning in the WLAN solutions for proper network control and security. Legal restrictions and data protection issues are the two key trends that affect WLAN vendors’ strategic directions and product design worldwide.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 9.08 Billion |
Market size value in 2031 | USD 59.62 Billion |
Growth Rate | 23.6% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Enterprise WLAN Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Enterprise WLAN Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Enterprise WLAN Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Enterprise WLAN Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Report ID: SQMIG50C2025
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