Global Wired and Wireless LAN Access Infrastructure Market Trend By Type (Software, Hardware), By Application (BFSI, Education), By Geographic Scope And Forecast

Report Id: 59 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


lobal Wired and Wireless LAN Access Infrastructure Market Report Description


The Global Wired and Wireless LAN Access Infrastructure Market was valued at USD 10.8 billion in 2023 and is projected to reach USD 21.6 billion by 2031, growing at a CAGR of 8.7% during the forecast period from 2023 to 2031. The market growth is fueled by the increasing adoption of wireless LAN solutions in enterprise settings, the rising demand for high-speed internet connectivity, and the growing prevalence of IoT and smart devices.

Drivers:

Rising Demand for High-Speed Connectivity: Enterprises and consumers alike are driving the adoption of faster and more reliable LAN solutions to support bandwidth-intensive applications.

Proliferation of IoT Devices: The growth in smart devices and IoT applications necessitates robust and scalable LAN infrastructure.

Digital Transformation: The shift towards digital workplaces and cloud-based solutions is driving demand for enhanced network access technologies.

Restraints:

High Implementation Costs: Deploying advanced LAN systems, particularly wireless infrastructure, involves significant upfront investment.

Security Concerns: As LAN networks expand, ensuring robust cybersecurity measures becomes a critical challenge.

Opportunity:

Emerging Markets: Increasing digitalization in developing regions presents significant opportunities for market expansion.

Integration with 5G Networks: The advent of 5G technology offers a complementary pathway for seamless wireless network integration.

Market by System Type Insights:

Wired LAN: Traditional Ethernet solutions continue to hold a substantial share, driven by their reliability and speed in high-demand environments.

Wireless LAN: Expected to witness the highest growth, fueled by advancements in Wi-Fi 6 and Wi-Fi 7 technologies and the increasing adoption of wireless-first strategies by enterprises.

Market by End-Use Insights:

Enterprise Sector: Dominates the market, accounting for over 50% of the market share in 2023, as businesses prioritize investments in secure and scalable network infrastructure.

Residential Sector: Gaining traction due to rising consumer demand for high-speed internet solutions and home automation technologies.

Market by Regional Insights:

North America: Held the largest share in 2023, owing to high technological adoption and the presence of major industry players.

Asia-Pacific: Projected to grow at the fastest rate, driven by rapid urbanization, rising internet penetration, and government initiatives for smart city development.

Competitive Scenario:

Key players in the Global Wired and Wireless LAN Access Infrastructure Market include Cisco Systems, HPE/Aruba, Huawei, Extreme Networks, Juniper Networks, Ubiquiti Inc., Fortinet, and D-Link Corporation. These companies are focusing on innovations, strategic collaborations, and regional expansions to strengthen their market presence.

Scope of Work – Global Wired and Wireless LAN Access Infrastructure Market

Report Metric

Details

Market Size (2023)

USD 10.8 billion

Projected Market Size (2031)

USD 21.6 billion

CAGR (2023-2031)

8.7%

Key Segments

Wired LAN, Wireless LAN; Enterprise, Residential

Growth Drivers

IoT adoption, demand for high-speed connectivity

Opportunities

Emerging markets, 5G integration

Key Market Developments:

2023: Cisco launched its next-generation Wi-Fi 7 routers, focusing on enterprise connectivity and enhanced security.

2024: Huawei announced the integration of AI-based traffic management in its wireless LAN solutions, enhancing network efficiency.

2025: Juniper Networks entered a strategic partnership with cloud service providers to offer integrated wired and wireless solutions tailored for hybrid work environments.

FAQs:

What is the current market size of the Global Wired and Wireless LAN Access Infrastructure Market?

The market size was USD 10.8 billion in 2023.

What is the major growth driver of the Global Wired and Wireless LAN Access Infrastructure Market?

The major driver is the rising demand for high-speed internet connectivity and IoT device proliferation.

Which is the largest region during the forecast period in the Global Wired and Wireless LAN Access Infrastructure Market?

North America is expected to dominate the market due to technological advancements and infrastructure investments.

Which segment accounted for the largest market share in the Global Wired and Wireless LAN Access Infrastructure Market?

The Enterprise segment accounted for the largest share in 2023.

Who are the key market players in the Global Wired and Wireless LAN Access Infrastructure Market?

Key players include Cisco Systems, HPE/Aruba, Huawei, and Juniper Networks.

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