Cloud-managed LAN Market Segmented by Company, Manufactures, SWOT Analysis, Business Challenges and Investment Opportunities & Forecast by 2027
Research Reports
Feb 15, 2022
Global Cloud-managed LAN Market Synopsis
The Cloud-managed LAN Market was estimated at USD 524.7 million in 2018, with a CAGR of 12.3% projected to hit USD 1.183.8 million by 2025 during the forecast period. The report includes a detailed segmentation study of the Cloud-managed LAN market, in which all segments are analyzed in terms of market growth, size, share, growth rate & forecast with expert review.
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.
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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.
Cloud-managed LAN Market Key Players
MRFR recognizes some of the key players in the global cloud-managed LAN market
- Aerohive Networks (US)
- 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)
- Riverbed Technology (US)
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Cloud-managed LAN Market Segmentation
The global cloud-managed LAN market has been segmented based on vertical, organization size, component, and region.
Based on the component, the global cloud-managed LAN market has been segmented into solution, hardware, and service. The hardware segment comprises routers, Wi-Fi access points, switches, and gateways. The service segment has been divided into professional services and managed services. The professional services segment has been classified into deployment and implementation services, consulting services, and other support services.
Based on the solution, the global cloud-managed LAN market has been classified into network management , monitoring and performance management, guest access, on-board services, configuration solution, unified SD-LAN and SD-WAN management, security / authentication, policy enforcement, and others.
The industry was segmented into small and medium-sized businesses and big business by organizational scale.
The global cloud-managed LAN market was categorized vertically into BFSI, IT and telecommunications, government and the public sector, transport and logistics, media and entertainment, travel and hospitality, education, manufacturing, and 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.
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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.
Key Points Covered in the Cloud-managed LAN Industry Report:
- The global Cloud-managed LAN industry research examines all the leading players in the Cloud-managed LAN market and ranks them based on their corporate strengths and product offerings in today’s competitive marketplace.
- Economic, social, political, legal, and technological factors on customer growth, as well as emergent Cloud-managed LAN market trends, were investigated in the report.
- Company profiles, capability, growth, global spend; share, requirements, product price image, and contact information for key global industry players in the global Cloud-managed LAN market are also covered in the research study.
- The study contains information on the strategic partnerships and tactics used by competitors in the target Cloud-managed LAN market.
Contact Information:
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