WLAN Market - Size & Upcoming Industry Trends (2024-2032)

WLAN Market Synopsis:

WLAN Market Size Was Valued at USD 11.7 Billion in 2023, and is Projected to Reach USD 49.1 Billion by 2032, Growing at a CAGR of 17.3% From 2024-2032.

The WLAN market can be defined as technologies that allow physical devices to communicate to other devices and internet protocols by means of radio frequency signals within a local area, including homes, offices, campus, or other public areas. From smartphones, laptops, IoT to Industrial applications WLAN provides faster, reliable connections and networks. The products within this market include access points, routers, and controllers – alongside network software and retail services to ensure efficient and secure network performance at greater capacity. The increasing need for internet connectivity without interruptions together with various wireless standards such as Wi-Fi 6 and 6E is pushing WLAN market forward.

Currently, WLAN market is relatively growing strong continuously as testified by the high uptake resulting from its importance to digital transformation for various needs. The wireless networks have become an essential aspect in delivering Internet services to business and households since it increases productivity and supports many devices. The idea that a large portion of the population has been working remotely in recent years, students switched to distance learning, and people use digital assistants in their homes has only increased the dependence on reliable WLAN solutions. Secondly, blended with novel technologies including AI and IoT, WLAN has developed connectivity as smarter, faster and efficient networks.

The market has also continued to grow due to the constant innovation on new WLAN standards which are Wi-Fi 6 and Wi-Fi 7 offering higher bandwidth, lower latency and better device density. These innovations are enabling organizations address some of the hurdles created by the rising influx of traffic data and connectivity of devices. Other industries such as the healthcare, retail, and manufacturing sectors are using WLAN solutions to support their communications Wireless LAN Solutions Networking Architecture and to improve their operations and needs of their customers and clients making the WLAN market instrumental for modern digital ecosystem.

WLAN Market Trend Analysis:

Growing Adoption of Wi-Fi 6 and Beyond

• New generation WLAN standards like Wi-Fi 6 and future standards like Wi-Fi 7 are also a trend observed in the market examined. The glaring change that Wi-Fi 6 brings into the market is capacity enhancements, lower interference, and enhanced power save, with capacity enhancements making it an impeccable solution for those areas in which lots of devices populate the marketplace like smart homes and enterprise campuses. Also, the advancement of Wi-Fi towards the next generations 7 embodies more advancements in speed and also low latency for real-time affairs such as AR/VR, HD video streaming, and low industrial automation latency. This trend shows the continuing development of WLAN technology to address the need of with the highly connected society.

Expansion in Emerging Markets

• The WLAN market can therefore benefit greatly from emerging markets such as Asia Pacific due to the extremely high internet users, governments’ agenda on rails to use information communication technology, and urbanization. The emergence and demand for wireless infrastructure with regards to the digital divide affecting Asian-Pacific, Latin American and African nations are now seeking substantial support in these particular economic activities. In these regions, the growth is expected in e-commerce, Distance learning also named as online education, smart city projects, and other that will require robust WLAN solutions to add momentum to market growth.

WLAN Market Segment Analysis:

WLAN Market is Segmented on the basis of Component, Vertical, and Region

By Component, WLAN Hardware segment is expected to dominate the market during the forecast period

• The WLAN hardware market by segment of access point, router, and controller is expected to be the most lucid in the market during the forecast period because these products form the backbone or the core component of WLAN networks. Bridging represents are ambitious intriguing more than than correlated with hardware expansions desiring to enhance both velocity and administrative security correspondingly as more and more enterprises undertake new hybrid work arrangements and IoT inescapably progresses. New advancements such as the completely wireless mesh Wi-Fi systems and easily manageable cloud-based WLAN hardware further add to the attractiveness of this segment, as well as efficient scalability, increased coverage, and optimal performance.
• Moreover, trends to improve hardware to support Wi-Fi 6 and 6E are emerging because these standards meet the increasing need for increased data transmission and reduced latency. That is why thehardware segment plays a crucial role in formingthe market of WLANs, the necessity of which is supported by the mentioned factors.

By Vertical, IT and Telecommunication segment expected to held the largest share

• The business IT and telecommunications sector was examined to be holding the largest portion of the WLAN market due to its own requirement for speed and apparent reliability. This segment needs powerful WLAN solutions for data center, clouds and enterprise business. Furthermore, many telecom operators are adopting WLAN more and more to reduce traffic burden and facilitate customers’ experience with better services that can be delivered through WLAN with large dense usage in urban areas.
• The continuous upgrade of Wi-Fi technologies to the next generation along with call for efficiency, scalability, and security leads to a higher dominance of this segment in the respective sector. With more investments in the latest IT and telecommunications products for WLAN development, the WLAN market trends are being set by these investors.

WLAN Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America continues to be the largest contributing region when it comes to WLAN market and forecasted to reach 2023 as WLAN plays a significant role in regions that have a high internet usage, established IT facilities and high adoption on digital technologies. This is attributed to its healthy demand for Wi-Fi 6 devices together with growing investments in Smart city projects plus IoT network activities to support WLAN. North America has currently a market share of approximately 35-40% of the global market; which proves the fact that it plays a vital role in pushing the WLAN market forward through the introduction of new advanced products on the market.

Active Key Players in the WLAN Market:

• Aerohive Networks (USA)
• Aruba Networks (USA)
• Belkin International (USA)
• Cisco Systems, Inc. (USA)
• D-Link Corporation (Taiwan)
• Extreme Networks, Inc. (USA)
• Hewlett Packard Enterprise (HPE) (USA)
• Huawei Technologies Co., Ltd. (China)
• Juniper Networks, Inc. (USA)
• NETGEAR Inc. (USA)
• Ruckus Networks (USA)
• TP-Link Technologies Co., Ltd. (China)
• Ubiquiti Inc. (USA)
• WatchGuard Technologies (USA)
• Zyxel Communications Corp. (Taiwan)
• Other Active Players