Published Date: 2022-02-02
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European Enterprise WLAN Market size is estimated to surpass USD 8 billion by 2027, according to a latest forecast report by Graphical Research.
The market growth is further credited to increasing demand for continuous coverage of enterprise networks. The growing need to transform the digital infrastructure of businesses has increased the demand for a robust enterprise network. The ongoing research on 6G technology in European countries such as the UK, Germany, and others is creating an ample growth opportunity for the market as 6G will offer near instant and unrestricted wireless connectivity. Organizations are also planning to develop 6G infrastructure & solutions to secure the European sovereignty in critical technologies & systems. There are several key features of 6G technology such as intelligent connect management, control functions, trustworthy infrastructure, scalability, and affordability.
The WLAN security software segment surpassed 40% market share in 2020 due to the growing number of enterprises adopting digital networks and mobile computing networks. The growing adoption of Wi-Fi networks has increased security risks across verticals. Due to this factor, enterprises are moving toward the adoption of robust and secure encryption. Companies are developing more advanced network security solutions. For instance, in September 2021, Hikvision launched an AX Pro wireless security system for both residential and commercial applications. It consists of a panel hub and a wide range of detectors and peripherals. It includes several multitude features such as Tri-X Technology, IVaaS, app compatibility, and slick design. It also features 96 wireless devices and a wireless range of up to 2km.
The SMEs segment dominated over 30% market share in 2020 owing to the growing adoption of reliable & secure broadband connectivity and increasing industrialization. Wireless technology helps small and medium enterprises in operating their businesses smoothly. Various companies are working on developing effective and more advanced wireless solutions for SMEs. For instance, in June 2021, Vodafone entered into a new partnership with Cisco to launch an enterprise-grade broadband and Wi-Fi solution for SMEs. The solution offers reliable and secure broadband connectivity across sites. The partnership also provides enhanced customer experiences and helps SMEs to scale their Wi-Fi & physical security requirements.
Browse detailed statistical insights from the report, “Europe Enterprise WLAN Market Forecast 2027 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 Organization (SMEs, Large Enterprises), By Application (BFSI, IT & Telecom, Healthcare, Retail, Government, Hospitality, Education), Research Report, Country Outlook (UK, Germany, France, Spain, Italy, Netherlands, Nordics), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/2050/europe-enterprise-WLAN-market
The BFSI segment accounted more than 10% revenue share in 2020 attributed to growing technological developments, such as IoT, AI, cloud, and 5G technologies, in the fintech industry. Banks and other financial institutions are increasingly using wireless technology solutions to measure network traffic and determine the optimal location of the branches. WLAN solutions provide several benefits to the fintech industry such as educating customers, promoting new products & services, storing customer data, improving security, developing a more friendly environment, and others.
Germany enterprise WLAN market is poised to reach USD 1 billion by 2027 propelled by the growing adoption of smartphones. Enterprises across the country are adopting BYOD on a large scale; therefore, good coverage inside office spaces is an important factor. The country has a wide presence of telecom operators including Deutsche Telekom AG, Vodafone GmbH, Telefónica Germany GmbH & Co., Freenet AG, and others. Various companies are extensively working on developing advanced WLAN solutions. For instance, in September 2020, Deutsche Bahn AG, a German railway company, launched Wi-Fi DB WLAN network for more than 100 train stations across Germany. The company invested more than USD 228 million to expand its technical WLAN infrastructure at stations.
The enterprise WLAN in European 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:
Europe Market, By Component
Europe Market, By Organization Size
Europe Market, By Application
The above information has been provided for the following countries:
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