The enterprise WLAN market is projected to register massive gains driven by shifting preference of retailers towards intelligent WLAN systems, increasing adoption of smartphones, growing trend of BYOD, rising use of intelligent Wi-Fi analytics for predicting consumer behavior as well as monitoring network. Rapid modernization of retail banking solutions coupled with digitalization of federal agencies will also contribute towards market growth.

The most significant job of an enterprise WLAN solution is to essentially provide robust as well as secure wireless service to its users. In fact, in some cases, different Wi-Fi Aps are largely deployed on enterprise networks such as offices, stadiums, pedestrian streets, and shopping malls. In addition, enterprises can also discover lucrative business opportunities mainly by exploring data value from wireless networks.

The enterprise WLAN market is segmented in terms of component, enterprise size, application, and regional landscape.

With respect to component, the market for enterprise WLAN is classified into services, software, and hardware.

The hardware segment is further classified into wireless location appliance, multigigabit switches, wireless LAN controller, access point antennae, and wireless access points. Among these, access point antennae segment will witness a respectable CAGR of around 22% over the projected time period. The growth is ascribed to the rising deployments of AP antennae for better coverage and to decrease downtimes.

Meanwhile, wireless location appliance segment will expand at a CAGR of more than 13% over the forecast time period owing to increased use of WLAN solutions for location-based intelligence.

The software segment is further categorized into WLAN management, WLAN analytics, and WLAN security. Among these, WLAN analytics segment will witness a CAGR of about 23% through the analysis timeframe. This growth is majorly attributed to the due to increasing use of intelligent Wi-Fi analytics for predicting consumer behavior as well as monitoring network.

In terms of application, the overall enterprise WLAN market is bifurcated into education, hospitality, government, retail, healthcare, IT & telecom, BFSI, and others. BFSI segment will hold a market share of more than 17% over the coming time period as banking sector are embracing digital connectivity and rapid modernization of retail banking solutions.

IT & telecom segment will witness a CAGR of around 18% over the forecast time period. This estimated growth is ascribed to the increasing use of cloud-based WLAN across IT sector.

Meanwhile, the retail application segment will account for a market share of more than 11% over the assessment time period. The growth is majorly ascribed to the increasing adoption of smart Wi-Fi analytics systems in retail outlets and supermarkets.

Government segment will record a CAGR of nearly 20% through the projected timeframe. This is anticipated to the rising installations of public Wi-Fi installations and digitalization of federal agencies.

From a regional frame of reference, enterprise WLAN market in Latin America will witness a CAGR of more than 21% over the forecast timeframe. This anticipated growth is ascribed to the rising WLAN deployments by emerging SMEs in the region.

Meanwhile, MEA enterprise WLAN market will witness a respectable CAGR of around 13% over the forthcoming time frame. Large retailers and hospitality sector in GCC are heavily turning to WLAN mainly for enhanced customer experience.