Cloud-managed LAN Market Research Report - Global Forecast till 2030

Cloud-managed LAN Market Research Report: by Component [Hardware (Routers, Switches, Wi-Fi Access Point and Gateway), Solution (Network Management, Monitoring and Performance Management, Guest Access, Onboarding Services, Configuration Solution, Unified SD-LAN and SD-WAN Management, Authentication, Authorization And Accounting (AAA) Security/Authentication, Policy Enforcement) Services [Professional Services Managed Services], Organization Size (Large Enterprise, Small and Medium Enterprise), Vertical (IT and telecom, BFSI, Government and D

ID: MRFR/ICT/6714-HCR | 111 Pages | Published By Ankit Gupta on April 2023         

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Cloud-managed LAN Market

Cloud-managed LAN Market is Predicted to Reach US$ 3.8 Billion by 2030 Registering a CAGR of 9.20%

Segmentation
By Component Hardware (Routers Switches Wi-Fi Access Point and Gateway
By Solution network management monitoring and performance management guest access onboarding services configuration solution unified SD-LAN and SD-WAN management authentication authorization
By Organization Size small- and medium-sized enterprises and large enterprises
By Vertical IT and telecom BFSI government and public sector transportation and logistics travel and hospitality media and entertainment education manufacturing
Key Players
Companies Profiled   Cisco Systems Inc (US)    Aerohive Networks (US)    HP Enterprise Development LP (US)    DXC Technology. (US)    Iricent Ltd (Dublin)    Nokia Corporation (France)    T-Systems International GmbH (Germany)    Juniper Networks Inc. (US)    Extreme Networks (US)    CommScope (US)    Huawei Technologies Co Ltd (China)    Cambium Networks Ltd (US)    Verizon (US)    Emeriocorp. ( NTT Communications) (Singapore)    LANCOM Systems GmbH (Germany)    Riverbed Technology (US)
Drivers
Market Driving Forces   Rapid increase in deployment of Wi-Fi solution across the public venues    HetNets significantly enhance the network capacity in Wi-Fi hotspots
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Cloud-managed LAN Market Synopsis


The Cloud-Managed LAN Market was valued at USD 524.7 million in 2018 and is expected to register a CAGR of 9.20% during the forecast period to reach USD 3.8 Billion by 2022-2030. The market growth can be attributed increase adoption of bring your own devices (BYOD) and choose your own devices (CYOD) among business enterprises, and rapid increase in deployment of Wi-Fi solution across the public venues. However, the lack of standards in terms of connectivity and operability of Wi-Fi solutions is likely to hinder the growth of the managed Wi-Fi market there by restraining the overall cloud-managed LAN market during the assessment period. However, the deployment of heterogeneous networks (HetNets)  and rising need for managed Wi-Fi solutions are also paving a way for cloud-managed LAN market during the forecast


Emerging economies such as India, Brazil, and South Africa are witnessing a significant increase in data traffic owing to the proliferation of smart devices such as smartphones, tablets, and laptops. This has led to a rapid increase in mobile networks. Also, mobile service providers are seeking a variety of options to meet the network capacity in a cost-effective and efficient manner. To meet the network capacity, service providers are offering HetNetsmade up of Wi-Fi and small cells technologies. HetNets significantly enhance the network capacity in Wi-Fi hotspots and are increasingly deployed at airports, train stations, stadium, and others. For instance, witnessing significant development in LTE and VoLTE networks in India, Google has completed the installation of 500 Wi-Fi hotspots in railway stations, and are now planning to expand its free Wi-Fi services to public places such as malls, cafes, and universities. In addition, Cisco has developed the Cisco Connected Stadium Wi-Fi solution which has been deployed in leading venues, including AT&T Park, Dallas Cowboys Stadium, and Pittsburgh’s Consol Energy Center. The solution has also been deployed in mega stadiums, hockey arenas, US baseball parks, and entertainment venues in the US, Canada, and Europe. Thus, an increased number of public Wi-Fi solutions across the public network is expected to drive the cloud-managed LAN market during the forecast period.


On the other hand, lack of interoperability, and security and privacy issues are likely to hinder the growth of cloud-managed LAN market during the forecast period


Key Developments



  • In June 2019, Extreme Networks, software-driven networking company to acquire Aerohive Networks that allows Extreme Networks to strengthen its market position in cloud management and wireless networking, subscription, and services businesses. The acquisition is expected to be completed by 2020.



  • In April 2019, Juniper Networks, launched Contrail Service Orchestration, a cloud-based SD-WAN solution that offers secured WAN infrastructure and manages branch LAN and Wi-Fi networks simultaneously.



  • In July 2019, Ruckus Networks, a subsidiary of CommScope, has provided its Wi-Fi hotspots technology for Google Station in Sao Paulo. The company would also provide Virtual SmartZone Controller, Ruckus T310 outdoor Wi-Fi access points, Ruckus R510 and R310 for indoor ecosystems.


Cloud-managed LAN Market Segmentation


The global cloud-managed LAN market has been segmented based on component, organization size, vertical, and region.


By component, the global cloud-managed LAN market has been divided into hardware, solution, and service. The hardware segment comprises routers, switches, Wi-Fi access points, and gateways. The service segment has been sub-divided into professional services and managed services. The professional services segment has been categorized into consulting services, deployment and implementation services, and other support services.


Based on the solution, the global cloud-managed LAN market has been categorized into network management, monitoring and performance management, guest access, onboarding services, configuration solution, unified SD-LAN, and SD-WAN management, authentication, authorization and accounting (AAA) security/authentication, policy enforcement, and others.


By organization size, the market has been segmented into small- and medium-sized enterprises and large enterprises.


Based on vertical, the global cloud-managed LAN market has been categorized into IT and telecom, BFSI, government and public sector, transportation and logistics, travel and hospitality, media and entertainment, education, manufacturing, and others.


Regional Analysis


Geographically, the global cloud-managed LAN market has been categorized into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.


North America, being a matured market, accounted for the largest share in 2018 and expected to dominate the global cloud-managed LAN market during the forecast period. The market growth can be attributed to the presence of major providers of cloud-managed LAN platforms.


Asia-Pacific is expected to be the fastest-growing in the cloud-managed LAN market during the assessment period. The market growth can be attributed to the rising need for quality of services to increase the customer experience.


Competitive Analysis


The vendors operating in the cloud-managed LAN market are mainly from the US and European countries. The market players primarily follow an organic and inorganic growth approaches to expand their businesses, under which they emphasize on providing the high network bandwidth and high-performance access points.


Cloud-managed LAN Market Key Players


MRFR identifies some of the key players in the global cloud-managed LAN market Cisco Systems, Inc (US), Aerohive Networks (US), HP Enterprise Development LP (US), DXC Technology. (US), Iricent Ltd  (Dublin), Nokia Corporation (France), T-Systems International GmbH (Germany), Juniper Networks, Inc. (US), Extreme Networks (US), CommScope (US), Huawei Technologies Co Ltd (China), Cambium Networks, Ltd (US), Verizon (US), Emeriocorp. ( NTT Communications) (Singapore), LANCOM Systems GmbH (Germany) and Riverbed Technology (US). These vendors attain around 70–75% of the total market share in the cloud-managed LAN market.


Intended Audience



  • Network Solutions providers

  • Systems integrators

  • Government organizations

  • OEMs, and software vendors

  • Cloud Service Providers

  • Value-added Resellers

  • Cloud Infrastructure Agencies

  • Research Firms



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 3.8 Billion By 2030
  CAGR   9.20% From 2022 to 2030
  Base Year   2020
  Forecast Period   2022-2030
  Historical Data   2019
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Component, Solution
  Geographies Covered   North America, Europe, Asia-Pacific
  Key Vendors   Cisco Systems Inc (US) Aerohive Networks (US) HP Enterprise Development LP (US) DXC Technology. (US) Iricent Ltd (Dublin) Nokia Corporation (France) T-Systems International GmbH (Germany) Juniper Networks Inc. (US) Extreme Networks (US) CommScope (US) Huawei Technologies Co Ltd (China) Cambium Networks Ltd (US) Verizon (US) Emeriocorp. ( NTT Communications) (Singapore) LANCOM Systems GmbH (Germany) Riverbed Technology (US)
  Key Market Opportunities   
  Key Market Drivers   Rapid increase in deployment of Wi-Fi solution across the public venues


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Frequently Asked Questions (FAQ) :

The global cloud-managed LAN market will value at 3.8 Billion By 2030.

The factors attributing to the market are listed as a rise in the adoption of bring your own devices (BYOD), choose your own devices (CYOD) in business enterprises, and rapid surge in deployment of Wi-Fi solution.

It is the deployment of heterogeneous networks (HetNets), as well as rising need for managed Wi-Fi solutions, are paving prominent ways for cloud-managed LAN market’s growth in the future.

India, Brazil, and South Africa are the emerging economies heavily contributing to the market’s growth in the future.