February 13, 2020
According to a recent study titled ‘Wireless LAN Controller Market Size By Type (Standalone, Integrated), By Enterprise Size (Large Enterprises, SMEs/Small Office/Home Office (SOHO)), By Application (IT & Telecom, BFSI, Healthcare, Government & Public Sector, Retail, Manufacturing, Transportation & Logistics), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Spain, Italy, Netherlands, China, India, Japan, Taiwan, Australia & New Zealand (ANZ), South Korea, Brazil, Mexico, Argentina, Colombia, Chile, South Africa, Saudi Arabia, Israel, UAE), Growth Potential, Competitive Market Share & Forecast, 2019 - 2025’ available with Market Study Report, the global wireless LAN controller market is projected to surpass USD 3 billion by the year 2025.
Increasing focus of enterprises to efficiently manage large and complex LAN infrastructure with minimal cost is driving the growth of wireless LAN controller market. Cloud-based wireless LANs offer enterprises a centralized control over all networking elements such as firewalls, routers, switches, and gateways. Rising incorporation of the solution is enabling the enterprises to scale up their networks by accommodating new devices as per the need. Rising implementation of BYOD (Bring Your Own Device) policies is fueling the demand for wireless LAN controllers as they provide advanced security features such as web filtering and antivirus protection.
Based on the type, integrated wireless LAN controller market segment is presumed to witness a growth rate of over 9% during the predicted timeframe. The segment growth can be attributed to rising integration of controller functionalities with network devices such as routers and switchers, which eliminates the need for multiple devices to manage and control the whole network. New product offering with advanced security features such as intrusion prevention and encryption will enhance the business landscape in the coming years.
In terms of the enterprise size, large enterprises segment held over 60% share of wireless LAN controller market in 2018 and is expected to follow similar trends over the forecast period. Rising adoption of BOYD in enterprises coupled with upsurge in use of networking devices such as access points and routers for reliable connectivity across an organization is boosting the demand for wireless LAN controllers.
Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/2057049/
Speaking of the application scope, transportation & logistics segment is projected to witness a CAGR of 12% during the study period. The segment growth can be attributed to the product’s ability to provide reliable and high-speed wireless connectivity, which is crucial to the transportation & logistics sector for improved communication and operational efficiency.
Considering the geographical outlook, Europe wireless LAN controller market is slated to grow with a CAGR of over 5% during 2019-2025. The regional growth is accounted to increasing use of wired & wireless devices and easy internet accessibility in conjunction with rising adoption of cloud-based solutions.
Prominent players of wireless LAN controller market include Cisco Systems, Inc., Huawei Technologies Co., Ltd., Hewlett Packard Enterprise (Aruba Networks), NETGEAR, Extreme Networks, Inc., Dell, Alcatel-Lucent Enterprise, and Fortinet, Inc. among others.