APAC Enterprise WLAN Market size to reach $8 Bn by 2027
Published Date: February 2, 2022 Request a sample
APAC Enterprise WLAN Market size is expected to cross USD 8 billion by 2027, according to a latest forecast report by Graphical Research. The market growth is due to growing industrialization and increasing adoption of BYOD solutions across industries. Various business enterprises are extensively adopting BYOD solutions due to their advanced features & benefits such as increased workforce mobility, improved efficiency & productivity, reduced licensing costs, flexibility, and customer satisfaction. Moreover, an increasing number of small & medium enterprises are adopting BOYD solutions to reduce the initial infrastructure expenses. During the COVID-19 pandemic, various business organizations have adopted the BYOD environment for their employees and partners. Furthermore, the growing use of smartphones is supporting the market growth. For instance, according to a report published by GSMA, it was reported that mobile internet users in Asia Pacific were 1.2 billion in 2020. The WLAN security software segment exceeded 40% market share in 2020 owing to the growing use of Wi-Fi in both commercial and residential spaces. Various small, medium & large enterprises are extensively relying on wireless networks as they reduce maintenance costs, improve the operating income of business enterprises, and enable high-speed data transmission in a secure environment. Companies in the Asia Pacific market are developing advanced WLAN security solutions for their customers. For instance, in February 2021, Distribution Management, a leading fulfillment and supplies network, standardized on Aruba wireless, switching, and security solutions across all its locations. This helped the company to enable digital transformation initiatives to support the company’s rapid growth and increase customer demand. The SMEs segment dominated over 30% market share in 2020 credited to a growing need to transform business infrastructure and rapid industrialization across sectors. Wireless technologies help SMEs in speeding up their daily tasks and improve the efficiency of their businesses. SMEs are increasingly adopting wireless network technologies due to their several benefits such as improved responsiveness, expanded office network, increased productivity & efficiency, reduced operating expenses, and others. Browse detailed statistical insights from the report, “Asia Pacific Enterprise WLAN Market Forecast 2027 By Organization (SMEs, Large Enterprises), By Component (Hardware [Wireless Access Points, Access Point Antenna, Wireless LAN Controller, Multigigabit Switches, Wireless Location Appliance], Software [WLAN Security, WLAN Analytics, WLAN Management], Service [Professional Service, Managed Service]), By Application (BFSI, IT & Telecom, Healthcare, Retail, Government, Hospitality, Education), Research Report, Country Outlook (U.S., Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @ The BFSI segment accounted around 15% revenue share in 2020 attributed to the growing demand for secure and reliable wireless network technologies. Growing instances of cyber threats in the fintech industry have increased the demand for strong encryption, robust identification, and personalized wireless network solutions. An encrypted potential network helps banks and other financial institutions in mitigating the risk of attacks. Companies are extensively developing advanced and secure IoT & wireless network solutions so that banks and other organizations can easily transmit data. India enterprise WLAN industry will exceed USD 1 billion by 2027, impelled by the development of IoT technology and rapidly expanding wireless internet connectivity across the country. The Government of India is actively promoting smart city infrastructure across the nation under the Smart Cities Mission. The major telecom carriers are implementing strategic initiatives such as investment programs and collaborations with foreign networking & telecommunications companies to rollout advanced 5G infrastructure and services for Indian customers. For instance, in December 2020, Nokia Corporation started its production of 5G equipment in India. The roll out of 5G services in India is dependent on spectrum auction as telecom operators requires wireless frequencies. The APAC enterprise WLAN market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2016 to 2027 for the following segments: Asia Pacific Market, By Component Asia Pacific Market, By Organization Size Asia Pacific Market, By Application The above information has been provided for the following countries:
https://www.graphicalresearch.com/industry-insights/2051/asia-pacific-enterprise-wlan-market