Cloud-managed LAN Market Synopsis
The Cloud-Managed LAN Market is expected to register a CAGR of 10 % during the forecast period to reach USD 139.6 Billion by 2027. The Cloud Managed LAN Industry report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors, that data helps both existing industry manufacturers and upcoming competitors to gain their marketing knowledge.
Business highlights
Market growth can be attributed to growing acceptance of bringing your own devices (BYOD) and choosing your own devices (CYOD) by business enterprises, and increasingly growing Wi-Fi system deployment across public venues. During the forecast period, however, the deployment of heterogeneous networks (HetNets) and the increasing need for managed Wi-Fi solutions also pave a way for the cloud-managed LAN market. As a result of the proliferation of smart devices such as smartphones , tablets and laptops, developing economies such as Brazil , India, and South Africa are seeing a large rise in data traffic. It has enabled the mobile networks to expand rapidly. Also, mobile service providers are seeking a range of network capacity flexibility solutions in a cost-effective and secure manner. Service providers provide HetNetsmade up of Wi-Fi and Small Cell technologies to reach the network efficiency. HetNets improve network efficiency in Wi-Fi hotspots substantially and are rapidly installed at airports , train stations, stadiums and others. Thus, over the projected period, an increasing number of public Wi-Fi solutions across the public network are expected to drive the cloud-managed LAN market. At the other hand, the lack of interoperability and security and privacy problems in the forecast period are likely to impede the growth of the cloud-managed LAN market. Nonetheless, the lack of specifications in terms of Wi-Fi solutions’ compatibility and operability is likely to hamper the growth of the managed Wi-Fi market by limiting the overall cloud-based LAN market throughout the evaluation period.
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Cloud-managed LAN Market Segmentation
The cloud-managed LAN market has been segmented based on vertical, organization size, component, and region.
Based on Component
- Solution
- HardwareWi-Fi access points
Switches
Gateways
- Service
Professional servicesConsulting services
Deployment and implementation services
Other support services
Managed services
Based on Organization Size
- Small- and medium-sized enterprises
- Large enterprises
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Based on Vertical
- IT and telecom
- BFSI
- Government and public sector
- Transportation and logistics
- Travel and hospitality
- Media and entertainment
- Education
- Manufacturing
- Others
Cloud-managed LAN Market Regional Outlook
The global cloud-managed LAN market has been geographically divided into North America, Europe , Asia-Pacific, Middle East and Africa and South America.
As a developed market, North America accounted for the largest share in 2018, and projected to dominate the global cloud-managed LAN market over the forecast period. The growth in the market can be due to the emergence of major cloud-managed LAN network providers.
Asia-Pacific is projected to be the fastest-growing LAN market in the cloud-managed assessment era. The growth in the market can be attributed to the growing need for quality of services to improve customer experience.
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Cloud-managed LAN Market Key Players
MRFR recognizes some of the key players in the global cloud-managed LAN market –
- Aerohive Networks (US)
- Emeriocorp. LANCOM Systems GmbH (Germany)
- HP Enterprise Development LP (US)
- Iricent Ltd (Dublin)
- DXC Technology. (US)
- Nokia Corporation (France)
- NTT Communications (Singapore)
- T-Systems International GmbH (Germany)
- Juniper Networks, Inc. (US)
- Cisco Systems, Inc (US)
- Extreme Networks (US)
- CommScope (US)
- Cambium Networks, Ltd (US)
- Verizon (US)
- Huawei Technologies Co Ltd (China) and
- Riverbed Technology (US).
Reasons for Buying This Report:
- It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
- It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
- It Helps in Understanding the Key Product Segments and Their Future.
- It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
- It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.
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