Overview:
The voice over wireless LAN market is getting impacted strongly by demands for effective communication. Voice over wireless LAN is an effective method to communicate by sharing existing WiFi network at low, or no-cost. This increases the profit margin for any company substantially owing to which industries are now showing great interest in the sector. The market is buzzing with the prospect of voice over wireless LAN integration due to which an 11.65% CAGR during the forecast period (2020-2027) for the voice over wireless LAN market is quite possible. With this kind of growth rate, doubling the market valuation and reaching USD 34.68 billion mark by 2027 seems easily attainable. As per the reports of Market Research Future (MRFR), its ability to provide low-cost WiFi solution efficiently, improved indoor coverage through WiFi, and deft handling of increasing data traffic can take the voice over wireless LAN market forward in coming years.
However, the voice over wireless LAN market may have to ride across a few bumps regarding cost. Its installation procedure and infrastructural setup can incur high cost which can emerge as a set back for the voice over wireless LAN market during the forecast period. But 5G technology integration holds a lot of promise for the market making long-time depression a distant dream.
Segmentation:
The global voice over wireless LAN market can be segmented by solution, application, and end-user.
Based on solution, the voice over wireless LAN market can be segmented into hardware and services. Hardware is the frontrunner, and can be segmented further into wireless LAN access points, wireless LAN controller, wireless hotspot gateways, voice handsets/IP wireless phones, and others. Services can be further segmented into network planning & design, deployment, upgradation, & implementation, and training, support, & maintenance. Services is the fastest growing segment.
Application-wise, the voice over wireless LAN market can be segmented by unified communication & collaboration, security & emergency alarms, and others. Other includes price marking, shipment tracking, and inventory management. Security & emergency alarms is expected to be the fastest growing segment.
Based on end-user, the voice over wireless LAN market can be segmented into residential & small office/home office SOHO, healthcare, public sector & government offices, retail facilities & warehouses, education, manufacturing & distribution, logistics & transportation, hospitality, and others. The last segment includes banking, financial services and insurance (BFSI), IT & Telecom. Residential & SOHO segment is leading the market with considerable share. Healthcare segment can be the fastest growing one during the forecast period.
Regional Analysis:
Geographic approach of the voice over wireless LAN market takes in North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America is leading the market with great gusto. The region is generating more revenue than any of its peers. The regional market is getting support from superior infrastructure and industries that wish to benefit more from such an advanced technology. Furthermore, most of the market behemoths are from this region which is significantly impacting the market growth.
Europe is also doing great business as its creditable setup is backing up fittingly its market endeavors. However, the APAC is showing great promises. The untapped territories of the region can open up previously unimaginable opportunities which is luring in many global players. Furthermore, India and China are showing significant prospects as these two emerging regions are branching out slowly.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of voice over wireless LAN Market Research Report
Market Insight:
The global voice over wireless LAN market experiences significant strategic involvement from diverse companies that set the market on an upscale track. These tactics include mostly merger, collaboration, acquisition, and other methods for market expansion.
Cisco Systems, Inc. bought BroadSoft in 2018 which can be a step towards the future of communication. BroadSoft can better Cisco’s market portfolio.
Hewlett-Packard (HP) in 2018, bought Aruba Networks, Inc., a leading provider of network access solutions for the mobile enterprise.
Key contributors in the voice over wireless LAN market growth are Cisco Systems, Inc. (U.S.), Aruba Networks, Inc. (U.S.), Zebra Technologies Corporation (U.S.), Ruckus Wireless, Inc. (U.S.), Aerohive Networks, Inc. (U.S.), Extreme Networks, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Avaya Inc. (U.S.), Alcatel-Lucent Enterprise (France), and Dell Inc (U.S.).
Cisco Systems, Inc. bought BroadSoft in 2018 which can be a step towards the future of communication. BroadSoft can better Cisco’s market portfolio.
Hewlett-Packard (HP) in 2018, bought Aruba Networks, Inc., a leading provider of network access solutions for the mobile enterprise.
Key contributors in the voice over wireless LAN market growth are Cisco Systems, Inc. (U.S.), Aruba Networks, Inc. (U.S.), Zebra Technologies Corporation (U.S.), Ruckus Wireless, Inc. (U.S.), Aerohive Networks, Inc. (U.S.), Extreme Networks, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Avaya Inc. (U.S.), Alcatel-Lucent Enterprise (France), and Dell Inc (U.S.).
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Companies Covered | 15 |
| Pages | 100 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
