May 19, 2022
According to the recent research report titled ‘Asia Pacific Enterprise WLAN Market Forecast 2027 By Organization, By Component, By Application, Research Report, Country Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’ available with MarketStudyReport, Asia Pacific enterprise WLAN market is estimated to reach a valuation of USD 8 billion by 2028.
With booming demand for WiFi connectivity and the Internet of things (IoT) in tandem with growing trend of upgrading home working stations, Asia Pacific enterprise WLAN market is likely to witness exponential growth in the ensuing years.
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In today's distant working conditions, leading firms across Asia Pacific are using WLAN solutions to give their workforce reliable and high-speed internet access. The growing use of FON connectivity (open Wi-Fi) in Asia Pacific countries is providing significant income potential for the industry, thereby stimulating the overall industry outlook.
Asia Pacific enterprise WLAN market sphere is segmented on the basis of component type, organization type, application reach, and regional analysis.
As per component type, the industry is divided into service, software and hardware segments. The service segment is further split into managed service and professional service. Meanwhile, the software segment consists of WLAN management and WLAN security.
The hardware segment is also bifurcated into wireless location application, multigigabit switches, wireless LAN controller, access point antenna, and wireless access points.
By organization type, the market is differentiated into SME and large corporations.
In terms of the application segment, the market is divided into IT & telecommunications, financial services and insurance (BFSI), banking, retail, transportation, and others. The IT & telecom application segment accounted for 19% of market share in 2020 and is expected to expand significantly through the forecast duration, due to growing demand for wireless communication technologies.
The regional landscape of the Asia Pacific enterprise WLAN marketplace extends to Australia, New Zealand, China, India, Japan, and South Korea. According to the report, India enterprise WLAN industry is estimated to be worth USD 1 billion by 2027, owing to rapid advancements in IoT technology and wireless internet access.
The competitive landscape of Asia Pacific enterprise WLAN industry landscape is formulated by companies such as Netgear Inc., Huawei Technologies Co. Ltd., Juniper Network Inc., Extreme Network, Dell Technologies Inc., Cisco Systems Inc., Commscope Inc., Cambium Networks, Boingo Wireless Inc., Aruba Networks, Alcatel-Lucent Enterprise, and ADTRAN Inc.