Wireless LAN controller market size to grow by $629.87 million

The “Wireless LAN Controller Market by Type Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the wireless LAN controller market between 2021 and 2026 is USD 629.87 million, as per the latest market analysis report by Technavio. Technavio categorizes the global wireless local area network (LAN) controller market as a part of the global technology hardware, storage, and peripherals market within the overall global information technology market. Our report provides extensive information on the value chain analysis for the wireless LAN controller market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Key Market Dynamics:

• Market Driver: One of the key factors driving growth in the wireless LAN controller market is enhancing connectivity for business enterprises. The deployment of wireless LAN controllers in enterprises can substantially improve business operations in terms of finances, efficiency, productivity, and customer service. Hence, WLAN solutions have become an integral aspect of business operations. Thus, the expediency offered by wireless LAN controllers ensures the safety of information-sharing, which is driving the growth of the global wireless LAN controller market.
• Market Challenge: The security vulnerabilities associated with wireless LAN controllers will be a major challenge for the wireless LAN controller market during the forecast period. Despite the advantages that wireless LAN controllers provide, such as easy monitoring of networks, convenience, increased productivity, and cost advantages, wireless LAN controllers also pose security threats, such as increased risks of denial of service attacks, spoofing and session hijacking, and eavesdropping. Such security threats in wireless LAN controllers might disrupt business operations, which can hamper the growth of the global wireless LAN controller market during the forecast period.

Regional Opportunities: 33% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for wireless LAN controllers in North America. Market growth in this region will be faster than the growth of the market in the European and MEA regions. The increasing adoption of IoT technology in the US requires a large number of wireless LAN controllers by the LAN network administrator in the enterprises. This will facilitate the wireless LAN controller market growth in North America over the forecast period.

Revenue-generating Segment Analysis: The wireless LAN controller market share growth by the standalone segment will be significant during the forecast period. The increasing adoption of smart devices and surging demand for data usage are creating a huge demand for wireless LAN controllers in the global market. Thus, the standalone type segment in the global wireless LAN controller market is expected to witness growth during the forecast period.

CT Bureau