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(Wireless-NewsWire.Com, November 28, 2018 ) 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)
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Accelerated adoption of cloud services and the Bring Your Own Device (BYOD) trend among large and small enterprises is driving the enterprise Wireless Local Area Network (WLAN) market. The market is projected reach 21.10 Billion by 2021, growing at a Compound Annual Growth Rate (CAGR) of 30.7% from 2016 to 2021.
The enterprise WLAN market is a lucrative market for solution providers. Exponential growth is projected in this market with the evolving demand for various enterprise WLAN technologies in Asia-Pacific (APAC) and other emerging economies across the world. However, factors such as limited investment owing to the high prices of WLAN products limit the market growth.
Various vendors prevailing in the market space include Cisco Systems (U.S.), Juniper Networks (U.S.), Alcatel Lucent Enterprises (U.S.), Aruba Networks (U.S.), Ruckus Wireless (U.S.), Aerohive Networks (U.S.), Allied Telesis (U.S.), Avaya Corporation (U.S.), Dell (U.S.), Huawei (Japan), Extreme Networks (U.S.), ZTE Corporation (China), Fortinet (U.S.), Wi-Fi Spark (U.K.), and Boingo Wireless (U.S.).
Players in this sector have embraced different strategies to extend their worldwide presence and expand their market shares. Partnerships, collaborations, acquisitions, new product launches, and expansions are some of the significant strategies embraced by the market players to accomplish development in the enterprise WLAN market.
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Technological giants, such as Huawei, Cisco Systems, and Juniper, have created various enterprise WLAN products for the enormous growth potential in this market. These players have adopted various growth strategies, such as mergers and acquisitions; new product launches; and partnerships, agreements, and collaboration.
Cisco launched an open, extensible, and software-driven architecture that helps businesses in fast innovations, which would reduce their operational cost along with complexity, thus eventually reducing risks. In November 2016, Cisco announced that Durham County Government of North Carolina has designed and implemented a new data center network fabric based on the Cisco Application-Centric Infrastructure (ACI), as a part of the long-range plan to create a highly efficient and automated application-centric data center. In June 2015, Telmex collaborated with Cisco to jointly deploy the first High Density and Gigabit Wi-Fi Network in Mexico.
Huawei and Infosys jointly launched a Smart Stadium Solution that would provide high-speed Wi-Fi access along with the provision of smart services.
Along with this, Huawei also collaborated with FanPlay to offer Agile Stadium Solutions, which provide solutions that support high-speed wireless connectivity and value-added mobile services at stadiums and professional football clubs in Europe. In September 2016, Huawei launched the Software-Defined Security Solution. The company, to provide high-quality signal coverage and simplify device management, launched an innovative Wi-Fi solution in December 2015.
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