The WLAN controller market in the transportation & logistics sector is estimated to witness the growth rate of over 12% over the forecast timeline. Highly reliable wireless connectivity plays an important role in improving the communication process in the transportation & logistics industry. To ensure the smooth functioning of the business operations, transportation & logistics companies deploy network devices that provide high-speed connectivity to improve wireless mobility and enhance operational efficiency. The logistics companies are moving away from traditional wired networking elements to wireless connectivity options to support mobility among remote devices and people. Growing adoption of wireless devices will augment the demand for WLAN controllers that can manage the whole LAN setup.
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WLAN Controller Market is estimated to exceed USD 3 billion by 2025, owing to the increasing business need to manage widespread and intricate LAN infrastructure along with the surging acceptance of cloud-based WLAN controllers for managing network devices. Increasing Bring Your Own Device trend, which necessitates the presence of robust network security in enterprises, will drive WLAN controller industry growth through 2025. The rising need for integrated connectivity and security for mobile clients also impacts WLAN controller industry trends.
In terms of the application landscape, WLAN Controller Market is bifurcated into government and public sector, IT and telecom, healthcare, BFSI, manufacturing, transportation & logistics, retail, and others. The retail segment is anticipated to exhibit substantial growth between 2019-2025, primarily fueled by surging acceptance of latest technology by the retail sector to offer better customer experience and convenience. The constant increase in the number of retail companies across the globe will further advance WLAN controller industry size. For instance, Aldi, supermarket chain with over 10,000 stores in 20 countries, has recently declared plans to open a new store in Chattanooga city, Tennessee, USA this fall.
The rapid upsurge in digital data has led to the introduction of AI in BFSI market, which has positively impacted WLAN Controller Market share. Financial enterprises are leveraging artificial intelligence technology to gather, analyze, and report huge chunks of data to retrieve actionable insights regarding customers to serve their requirements better. Expanding artificial intelligence market size, owing to surging adoption across automotive, manufacturing, retail, healthcare, media & advertising, agriculture, and BFSI, would push network management requirements, thereby propelling WLAN controller industry size over the future.
Europe WLAN controller market is expected to grow at a CAGR of over 5% from 2019 to 2025 due to increasing usage of wired and wireless devices backed up by internet penetration and growing adoption of cloud-based solutions to enhance the manageability of network infrastructure. The European technology companies are collaborating with cloud solution providers to accelerate wireless adoption for enterprise customers. For instance, in April 2018, Atos, a global leader in digital transformation, partnered with Google Cloud to support wireless needs of enterprise customers in the areas such as hybrid cloud, data analytics & machine learning and digital workplace.
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The increasing number of efforts by major companies present in WLAN Controller Market, to gain a competitive edge, will substantially fuel market share. Many organizations are taking huge steps towards innovation and new product development, to accelerate the shift towards cloud-enabled network services and ensure enhanced management & security of wireless LAN solutions. Global Market Insights, Inc. claims that large enterprises will accrue over 55% of WLAN Controller Industry share through 2025.
Major Key Points from Table of Content:
Chapter 5. WLAN Controller Market, By Type
5.1. Key trends, by type
5.2.1. Market estimates and forecast, 2014 – 2025
5.3.1. Market estimates and forecast, 2014 – 2025
Chapter 6. WLAN Controller Market, By Enterprise Size
6.1. Key trends, by enterprise size
6.2. Large enterprises
6.2.1. Market estimates and forecast, 2014 – 2025
6.3. Small and Medium Enterprises (SMEs)/ Small Office/Home Office (SOHO)
6.3.1. Market estimates and forecast, 2014 – 2025
Chapter 7. WLAN Controller Market, By Application
7.1. Key trends, by application
7.2. IT & Telecom
7.2.1. Market estimates and forecast, 2014 – 2025
7.3.1. Market estimates and forecast, 2014 – 2025
7.4.1. Market estimates and forecast, 2014 – 2025
7.5.1. Market estimates and forecast, 2014 – 2025
7.6.1. Market estimates and forecast, 2014 – 2025
7.7. Government & Public Sector
7.7.1. Market estimates and forecast, 2014 – 2025
7.8. Transportation & Logistics
7.8.1. Market estimates and forecast, 2014 – 2025
7.9.1. Market estimates and forecast, 2014 – 2025
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