WLAN Market Expected to Grow to $21.1 Billion in 2021

WLAN Market Expected to Grow to $21.1 Billion in 2021The global enterprise Wireless Local Area Network (WLAN) market is expected to grow from USD 5.53 Billion in 2016 to USD 21.10 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 30.7%.

The market is being driven by factors such as service providers’ drive to get away from low-margin commodity services to value-added services. However, now, as the need for internet has increased, users require internet connectivity at all times. This has stipulated the demand for wireless products and services. WLAN technology provides internet for all the users at all times and at any desired location. Lack of standardization in enterprise WLAN technology for provisioning of internet interoperability and portability acts as bottlenecks for the market.

The growth in the WLAN management software market is primarily due to the rise in enterprise WLAN deployments across several locations, such as residential premises, enterprises, indoor public locations, citywide deployments, and deployments in various transportation modes, such as trains, airplanes, ships, and along the roads to provide wireless connectivity to end-users.

 

Follow Doug

Doug Atkinson

President at Solutions Review
An entrepreneur and executive with a passion for enterprise technology, Doug founded Solutions Review in 2012. He has previously served as a newspaper boy, a McDonald's grill cook, a bartender, a political consultant, a web developer, the VP of Sales for e-Dialog - a digital marketing agency - and as Special Assistant to Governor William Weld of Massachusetts.
Follow Doug