Enterprise Wireless Local Area Network (WLAN) is a wireless distribution method for more than two smart devices. These devices use high frequency radio waves and include an access point to the internet. Wireless local area network usually provide connection in a home or an office. The global enterprise WLAN market is anticipated to grow with a CAGR of 32% during the forecast period of 2016-2023. The factors driving the growth of global enterprise WLAN market during the forecast period are increasing penetration of smart devices and increasing media intensive applications in business environment. However, lack of expertise and data security issues are the factors restraining the growth of global enterprise WLAN market during the forecast period.
Geographically, Asia Pacific accounted for the largest market share in terms of revenue in 2016 for global enterprise WLAN market. The region is expected to witness the highest growth during the forecast period. The countries of Asia Pacific such as China, Japan, India andSouth Korea are highly dependent on the internet and telecommunication services and this adds growth in the enterprise WLAN market in Asia Pacific during the forecast period.
The growth in global enterprise WLAN market is also influenced by the presence of major players such as CISCO SYSTEMS INC. (U.S.), JUNIPER NETWORKS (U.S.), HUAWEI TECHNOLOGIES CO. LTD. (CHINA), ALCATEL LUCENT ENTERPRISES (U.S.), ARUBA NETWORKS (U.S.), RUCKUS WIRELESS INC. (U.S.) etc. Product launches, Mergers & acquisitions etc. are some crucial strategies adopted by the major players to gain competitive advantage.
The global nano & micro satellite market is segmented into component, hardware, software, services and vertical. Report further covers segments of which includes Wireless access points, AP Antennas, Wireless LAN controllers, Multi gigabit switching and Wireless location appliance. Wireless LAN controller segment is expected to hold the largest market share in terms of revenue during the forecast period. It is used in combining access point protocols to manage access points in network administrators or network operation centers. It automatically handles the configuration of wireless access points. Increasing penetration of smart devices and data intensive applications are the factors that drives the growth of enterprise WLAN market segment during the forecast period. Furthermore, the Verticals adopting enterprise WLAN are IT and Telecommunication, Municipality and Public infrastructure, Logistics, BFSI, Education, Healthcare, Transport and Logistics, retail and others. Hospitality segment is expected to hold the largest market share in terms of revenue during the forecast period. This segment deals with factors such as media duration, number of users, and quality of experience.