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  • WLAN Market is predicted to reach USD 50.1 Billion at a CAGR of 5.96% during the forecast period 2024 to 2032

    WLAN Market expected grow up to 50.1 Billion USD by 2032 | MRFR

    Report Details:
    15 Companies Covered
    100 Pages

    Market Research Future (MRFR) has published a cooked research report on the “Global WLAN Market” that contains information from 2024 to 2032. The WLAN market is estimated to register a CAGR of 5.96% during the forecast period of 2024 to 2032.


    MRFR recognizes the following companies as the key players in the global WLAN market— Cisco (U.S.), Aruba Networks Inc. (U.S.), HP (U.S.), Ruckus Wireless (U.S.), Ubiquiti Networks (U.S.), Aerohive Networks (U.S.), Huawei (China), Zebra Technologies (U.S.), Netgear (U.S.), D-Link (Taiwan), TP-Link (China), Juniper Networks (U.S.), Boingo Wireless (U.S.), Dell Inc. (U.S.) and ZTE Corporation (China)


    WLAN Market Synopsis


    The global WLAN market is accounted to register a CAGR of 5.96% during the forecast period and is estimated to reach USD 50.1 Billion by 2032.


    The WLAN (Wireless Local Area Network) market refers to the industry that deals with the production, deployment, and use of wireless networking technologies for local area connectivity. It encompasses the development and sales of wireless networking equipment, including routers, access points, and related software, to enable wireless communication and internet access in homes, offices, and public spaces.


    Segment Analysis


    The global WLAN market has been segmented based on Component, Organization Size and Industry.


    On the basis of Component, the market is segmented into Software, Hardware, and Services. Due to the rising need for controllers, gateways, routers, and other hardware, it is anticipated that hardware will command the biggest market share.


    Based on the organization size, the global WLAN market has been segmented into small & medium enterprises and large enterprises. The largest growth rate is anticipated for small and medium-sized businesses over the forecast period. The rise of emerging digital service providers and the rise in start-up activity are mostly to blame for this.


    Based on industry, the global WLAN market has been segmented into BFSI, IT & Telecommunication, healthcare, retail, government, hospitality, education, and others. During the projection period, IT & Telecommunication is anticipated to have the biggest market share. With the global increase in digitization, rising IT and telecommunications investment is anticipated to fuel market expansion.


    Regional Analysis


    The global WLAN market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe WLAN market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The WLAN market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World WLAN market comprises of Middle East, Africa, and Latin America.


    The North America WLAN Market dominated this market in 2022. the existence of top firms like Netgear Inc., Verizon, Fortinet, Inc., and others, as well as rising investment in wireless Wi-Fi technology, are the primary causes of this.


    During the projected period, Asia Pacific is anticipated to grow at the fastest rate. The expanding use of wireless technology and rising investment by the top telecom providers are what are driving the market size. Mobile operator businesses in the Asia Pacific area want to invest more than $400 billion between 2020 and 2025, according to the GSMA Intelligence Report published in November 2020.


    During the predicted period, Europe is anticipated to increase significantly. anticipated to expand at a sizable CAGR. Additionally, a number of major companies and regional governments are making investments to adopt Wi-Fi and wireless connectivity across central and Eastern Europe.


    Throughout the projected period, it is anticipated that the Middle East and Africa enterprise WLAN market would expand steadily. This is mostly due to an increase in the use of wireless communication goods using broadband and Wi-Fi technology. South America is expanding moderately, with the major players increasingly forming strategic alliances and partnerships.


    Key Findings of the Study



    • The global WLAN market is expected to reach USD 46.84 Billion by 2030, at a CAGR of 17.76% during the forecast period.

    • The North America WLAN Market dominated this market in 2022. the existence of top firms like Netgear Inc., Verizon, Fortinet, Inc., and others, as well as rising investment in wireless Wi-Fi technology, are the primary causes of this.

    • Based on Component, the it is anticipated that hardware will command the biggest market share.

    • Cisco (U.S.), Aruba Networks Inc. (U.S.), HP (U.S.), Ruckus Wireless (U.S.), Ubiquiti Networks (U.S.), Aerohive Networks (U.S.), Huawei (China), Zebra Technologies (U.S.), Netgear (U.S.), D-Link (Taiwan), TP-Link (China), Juniper Networks (U.S.), Boingo Wireless ( U.S.), Dell Inc. ( U.S.) and ZTE Corporation (China)