May 19, 2022
According to the research report titled ‘North America Enterprise WLAN Market Forecast 2027 By Application, By Component, By Organization, Research Report, Country Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America Enterprise WLAN market size is expected to be worth USD 10 billion by 2027.
Rapid digitalization and surging investments in the telecom space are some of the key factors driving the growth of North America enterprise WLAN market.
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While the COVID-19 outbreak altered the most of businesses functions, companies are now working on creating powerful distant networking environments to satisfy employee expectations and incorporate robust corporate operations, which in turn will drive North America enterprise WLAN market expansion.
The overall market is bifurcated into component type, organization size, application landscape, and regional contribution.
Based on component spectrum, the market is fragmented in terms of hardware, software, and service. Among these, the software segment held 35% market share in recent past and is likely to depict similar growth trends in the upcoming years.
Moving on to organization size, the market is segmented into large and SMEs segments.
As per application terrain, North America enterprise WLAN industry is further categorized into BFSI, IT & telecom, government, education, healthcare, hospitality, and others. Among these, the IT & telecom segment captured a 20% market revenue in 2020 and is expected to grow significantly over the forecast period, owing to increased digitization, rising popularity for 5G technologies and Wi-Fi 6, and growing demand for effective communication network technologies
The prominent vendors operating in North America enterprise WLAN industry include ADTRAN Inc., Allied telesis, Boingo Wireless, Cisco Systems, Inc., Dell Inc., Fortinet, Alcatel–Lucent S.A., Aruba Networks, Cambium Networks, D-Link Corporation, Extreme Networks, and Juniper Networks, Inc.