Cloud-managed LAN solutions perform functions of a normal WiFi controller and SDN Controller and facilitate coordination of network devices. It helps in unifying the wired and wireless elements of the network. Organizations are investing in cloud-managed LAN to support the ongoing trend of bring your own devices (BYOD) and choose your own devices (CYOD). Furthermore, the solution has also gained popularity due to increasing investments in smart city projects funded by the governments of developed and developing economies. The provision for internet facilities in public spaces is extensively supported by the growth of the cloud-managed LAN services.
The fact that cloud-managed LAN enables smooth functioning of heterogeneous networks (HetNets) is likely to attract investments in the coming years. It has been observed that a lack of standardization prevails in terms of connectivity and operability. It can be seen as a restraint for now, but, the vendors are working on sophistication of the technology. All these ensure that the future for cloud-based wireless LAN market is set to remain lucrative. In addition, the increasing inclination towards managed Wi-Fi solutions is also projected to encourage the adoption of cloud-managed LAN over the next couple of years.
Which Verticals Are Leveraging Cloud-managed LAN at Present?
Internet services have penetrated across all the major industries. Some of the industry domains that are prognosticated to prompt growth potential for cloud-managed LAN are - IT and telecom, BFSI, transportation and logistics, government and defense, travel and hospitality, education, manufacturing, and media and entertainment. Among these, it has been analyzed that the It and telecommunication industry is set to provide a major boost to the adoption rate of cloud-managed LAN solutions. With the rise in income levels, the sales for smartphones and other electronic gadgets have been skyrocketing. This, in turn, has called for an expansion of the network capacity to support the rising penetration of internet services. The leaders of the IT and telecommunications industry are investing in cloud-managed LAN to cater to the rising demand for network infrastructure.
Top Drivers & Key Challenges
The market of cloud-managed LAN growth can be ascribed to the rise adoption of the trend of bring your own devices (BYOD) as well as choose your own devices (CYOD) is almost all business enterprises around the world. With this, the rapid rise in the deployment of Wi-Fi solutions across public venues to influence the market to grow substantially.
Apart from this, as the business requirements are dynamic, customers are beholding for new solutions and services that can be instigated in today’s unceasing changing technology. As solutions are mounting in different markets, the requirement for services has equally become important. The introduction of gen-next integrated ICT services includes a vast range of professional and integrated services that are now likely to grow to meet the rising demand from businesses operating in analytics, big data, IoT, and infrastructure management. Now the companies are taking advantage of the surged scalability that is directing the shift from physical machines to cloud-based big data solutions. Such innovation has led organizations through various regions to change their strategies to adapt new business environments with global trends in cloud analytics. These factors are deliberated to be some of the most important driving forces for the growth of cloud-managed LAN worldwide.
Further, the prevalent investments in cloud services due to the grander advantages of SaaS, IaaS, and PaaS have required it, providers, to maintain its delivery through their network with the growing consumer base. These factors have also equally contributed to driving the adoption of LAN technologies.
On the flip side, the influence of lack of standards in terms of connectivity and operability of Wi-Fi solutions might hinder the growth of the overall cloud-managed LAN market during the assessment period. Yet, the deployment of heterogeneous networks (HetNets) and rising need for managed Wi-Fi solutions are also flagging massive ways for cloud-managed LAN market opportunities during the assessment period.
Key Players
MRFR study identifies some of the key players in the global cloud-managed LAN market, such as Inc (US), Extreme Networks (US), Aerohive Networks (US), HP Enterprise Development LP (US), Cisco Systems, DXC Technology. (US), Iricent Ltd (Dublin), Nokia Corporation (France), Inc. (US), T-Systems International GmbH (Germany), Juniper Networks. Apart from these, some more market makers such as CommScope (US), Cambium Networks, Ltd (US), Verizon (US), Emeriocorp have attained around 70–75% of the total market share in the cloud-managed LAN market.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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