Product ID: SQMIG50C2025
Global Enterprise WLAN Market Size, Share, Growth Analysis, By Component(Hardware, Software), By Organisation Size(Small, Medium Enterprises), By Industry(BFSI, IT & Telecommunication) - Industry Forecast 2024-2031
Report ID:
SQMIG50C2025 |
Region:
Global |
Published Date: February, 2024
Pages:
260
|
Tables:
95 |
Figures:
76
Global Enterprise WLAN Market Insights
Enterprise WLAN Market size was valued at USD 39.26 billion in 2019 and is poised to grow from USD 43.79 billion in 2023 to USD 102.96 billion by 2031, growing at a CAGR of 11.26% in the forecast period (2024-2031).
Rapid digitization and the increased demand for Internet-of-Things (IoT) devices will drive the market growth for enterprise WLAN. Moreover, the growing popularity of cellular connectivity and broadband services may promote industry growth. The market expansion can be primarily attributable to the industry's demand for reliable internet connectivity as well as the ongoing expansion of enterprise network infrastructure.
The launch of new wireless standards called WIFI6, commonly known as 802.11ax, will have a beneficial market impact given the ongoing expansion of network infrastructure and rising demand for high-speed internet. Additionally, the frequent updating of standards to increase network throughput in terms of top speeds and transmission power. The increased emphasis on developing a digital workplace by organizations to improve premise mobility has emerged as a key element in the market expansion.
The enterprise WLAN market is projected to expand due to the rising demand for high-speed data connectivity. Users may simply maintain copies of their files in the cloud owing to high-speed internet connectivity, and employees can access and transfer their data to other devices including laptops, cellphones, and personal PCs easily. A wireless local area network (WLAN) is used by wireless devices to facilitate high-speed data communication. The usage of enterprise WLAN solutions has been stimulated by the growing amount of data that company applications require, boosting network throughout and enhancing data transmission rates.
US Enterprise WLAN Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Enterprise WLAN Market Report Snapshots
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