Voice Over Wireless LAN Market Research Report- Forecast 2027

Voice Over Wireless LAN Market Information by Solution (Hardware, Service), Application (Unified Communication & Collaboration, Security & Emergency Alarms, Other), End-User (Residential & SOHO, Healthcare, Public Sector & Government Offices, Retail Facilities & Warehouses, Education, Manufacturing & Distribution, Logistics & Transportation, Hospitality, Others), and Region- - Forecast to 2027

ID: MRFR/SEM/5222-HCR | February 2021 | Region: Global | 100 pages

Voice Over Wireless LAN Market Overview


The voice over wireless LAN market is ready to take a giant leap and double up its valuation from USD 15.01 billion in 2015 to USD 34.68 billion by 2022. Effective communication is the key to success for any organization. Voice over wireless LAN provides just that by sharing existing WiFi network at low, or no-cost. The system works like land mobile radio system or walkie-talkie systems with a wireless framework and sends voice as discrete data packets instead of using analog voice flow. The voice over wireless LAN market would also record an impressive growth with CAGR 11.65% during the forecast period (2018-2023). The published report on voice over wireless LAN market by Market Research Future (MRFR) includes an in-depth analysis of the factors for a better understanding of the market. Major factors to influence the growth of the voice over wireless LAN market are efficient & low-cost WiFi solution, improved indoor coverage through WiFi, and its ability to handle increasing data traffic. Effective communication has become the need of the hour and if it is available at little or no-cost then the profit margin of any company increases. This is one major trigger that can help the voice over wireless LAN market cement its position. In addition, its efficiency in handling massive data and sorting it out accordingly has increased and the enhanced coverage it provides is something to cheer for. These factors can ensure market growth. However, its installation procedure and infrastructural setup require huge investment which can hold back the voice over wireless LAN market growth during the forecast period. But its integration with the 5G technology can open up vistas steering the voice over wireless LAN market away from any long-time halt.


Segmentation


Based on solution, the voice over wireless LAN market can be segmented into hardware and services. Hardware is leading the segment, and can be sub-segmented into wireless LAN access points, wireless LAN controller, wireless hotspot gateways, voice handsets/IP wireless phones, and others. Services can be sub-segmented into network planning & design, deployment, upgradation, & implementation, and training, support, & maintenance. Based on application, the voice-over wireless LAN market can be segmented into unified communication & collaboration, security & emergency alarms, and others. Under the other, price marking, shipment tracking, and inventory management have been segmented. 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. Under the others, banking, financial services and insurance (BFSI), IT & Telecom are segments that impacts significantly. Residential & SOHO segment is leading the market with considerable share.


Regional Analysis


North America, at present, is leading the global market with considerable market share. Its infrastructural superiority is providing the perfect ambiance for the voice over wireless LAN market. Furthermore, the region is integrating the latest technologies at an express speed to make sure that it stays ahead of the rest. This gives the voice over wireless LAN market enough scope to expand and percolate through various industries. European industrial strategies are also benefitting the market considerably. Infrastructural setup is commendable and it amply backs the regional growth. The APAC market is showing great promise. As uncharted territories are great in number, the region holds tremendous prospect and is lucrative enough to make sure market behemoths take interest in it. Furthermore, companies are finding the region fit for their expansion plans which ensures growth.


Key Competitors


Key contributors in the market of voice over wireless LAN 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.).


Global Voice Over Wireless LAN Market by Solution



  • Hardware

    • Wireless LAN Access Points

    • Wireless LAN Controller

    • Wireless Hotspot Gateways

    • Voice Handsets/IP Wireless Phones

    • Others



  • Services

    • Network Planning & Design

    • Deployment, Upgradation, & Implementation

    • Training, Support, & Maintenance




Global Voice Over Wireless LAN Market by Application



  • Unified Communication & Collaboration

    • Security & Emergency Alarm

    • Others



  • Price Marking

  • Shipment Tracking

  • Inventory Management


Global Voice Over Wireless LAN Market by End-user



  • Residential & Small Office/Home Office (SOHO),

    • Healthcare,

    • Public Sector & Government Offices,

    • Retail Facilities & Warehouses,

    • Education,

    • Manufacturing & Distribution,

    • Logistics & Transportation,

    • Hospitality

    • Others



  • BFSI

  • IT & Telecom


Global Voice Over Wireless LAN Market by Region



  • North America

  • Europe

  • Asia Pacific (APAC)

  • Rest-of-the-World (RoW)



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 34.68 Billion
  CAGR   11.65%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Solution, Application, End-User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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.)
  Key Market Opportunities   The presence of superior infrastructure & industries, technological advances, and the presence of market behemoths are adding to the global voice over wireless LAN market growth.
  Key Market Drivers

  • Efficient & low-cost WiFi solution
  • Improved indoor coverage through WiFi
  • Ability to handle increasing data traffic


  • Frequently Asked Questions (FAQ) :


    The voice over wireless LAN market valuation in 2022 would be USD 34.68 bn.

    The voice over wireless LAN market valuation in 2015 was USD 15.01 bn.

    The voice over wireless LAN market CAGR would be 11.65% during the forecast period covering 2016 to 2022.

    Players included in the voice over wireless LAN market report are Zebra Technologies Corporation (U.S.), Cisco Systems, Inc. (U.S.), Aruba Networks, Inc. (U.S.), Aerohive Networks, Inc. (U.S.), Ruckus Wireless, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Extreme Networks, Inc. (U.S.), Alcatel-Lucent Enterprise (France), Avaya Inc. (U.S.), and Dell Inc (U.S.).

    North America has the chance to lead the voice over wireless LAN market.