The WLAN market is driven by the factors such as growing demand for high data transfer rate, increasing adoption of cloud technologies and increasing popularity of internet of things applications. With the increasing number of mobile devices, there has been a constant rise in the demand for connected devices. This is one of the major factors influencing the growth of WLAN market. The constant increase in number of transactions done by consumers using digital tools such as net banking, mobile banking, or digital wallets is building high growth opportunity for WLAN service providers. Uninterrupted and speedy internet connection is the need of the generation.
WLAN or wireless local area network is a type of network which allows one or more devices to connect using a wireless distribution method. In the 21st century, WLAN has wide application and is currently used in every possible industry which runs or uses information technological products or services. WLAN allows devices to connect on WAN and explore. Market of WLAN has been growing with the evolution of the computers and media devices and now WLAN is not only used in computers but there are various applications which uses WLAN.
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Major Key Players
Aruba Networks, Inc. (U.S.),
Ruckus Wireless (U.S.),
Ubiquiti Networks (U.S.),
Aerohive Networks (U.S.),
Zebra Technologies (U.S.),
D-Link (Taiwan), TP-Link (China) among others.
According to MRFR, The WLAN Market is expected to grow up to 33 Billion USD during forecast period of 2018 to 2023
The market of WLAN appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
On the basis of region, the market has been segmented into North America, Europe, Asia Pacific, and, Rest of the World. Accredited as global IT Hub owing to its technological advancements, North America is leading among the regional segments of market.- North America, Europe, Asia Pacific, and, Rest of the World. This region is the face of heavy industrialization and is adorned with IT companies using WLAN for various purposes. The second most dominating region of the market is Europe holds the second spot in the global WLAN market and is trailed by Asia Pacific (APAC). The Asia Pacific market has shown the steepest rise, in market growth authenticating the thriving demand fromof a persistently growing population. Other catalytic factors attributing the growth in Asia Pacific are significant investment in IT and Telecommunication sector, highest deployment of cloud services, etc.
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- LAN providers
- Router manufacturers
- Hardware Providers
- Software Developers