CHICAGO, Feb. 26, 2020 /PRNewswire/ -- According to a new market research report "Enterprise WLAN Market by Component, Hardware (Wireless access points, AP Antennas, Wireless LAN controllers, Multigigabit Switching, Wireless Location Appliance), Software, Service, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets™, the global Enterprise Wirelesses Local Area Network (WLAN) market is expected to reach USD 21.10 Billion by 2021 from USD 5.53 Billion in 2016, at a Compound Annual Growth Rate (CAGR) of 30.7% between 2016 and 2021, driven by factors such as growing demand for Bring Your Own Device (BYOD) and cloud applications, along with the emergence of Internet of Things (IoT).
Wireless LAN controller has created vibrant prospects for marketers and other stakeholders in the market
A wireless LAN controller is used in combining access point protocols to manage access points in large through network administrators or network operations centers. The WLAN controller automatically handles the configuration of wireless access points. Driving factors for the WLAN controller market is the increasing number of smart devices, such as mobile phones and tablets, the increasing number of data-intensive applications used in these smart devices and the observed pattern of maximum data usage by the end users when they are stationary such as, in homes, restaurants and workplace.
Hospitality vertical projected to showcase robust growth in the Enterprise WLAN market
Hospitality companies require insights into factors such as number of users, media duration, and Quality of Experience (QoE). These factors cumulatively provide insights into the current quality and content delivery provided by the network and is facilitated through the enterprise WLAN solutions for the real-time entertainment network analysis, peak period analysis, and subscriber application usage. Moreover, these solutions provide the capability for ensuring uninterrupted network performance.
Growing demand to optimize supply chain and the governments' efforts to standardize the enterprise WLAN market creates remarkable potential in the APAC market
The APAC region is expected to experience extensive growth opportunities in the next few years. The existence of a large working population and developing technology hubs has expanded the competitive environment in the region. APAC has the highest deployment of the cloud-based services. The region is investing in the IT and telecommunication sector. These developments clubbed with a growing demand from a massive and growing population, certifies a tremendous growth potential for Enterprise WLAN market in the region.
Software Defined Networking Market by SDN Type (Open SDN, SDN via Overlay, and SDN via API), Component (Solutions and Services), End User (Data Centers, Service Providers, and Enterprises), and Region - Global Forecast to 2023
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