Wireless Lan Security Market Size is Projected to Reach USD 56.17 Billion at a CAGR of 12.50% by 2030
Wireless
Lan Security Market Size will be valued at USD 56.17 Billion by 2030 | at
12.50% of CAGR. Wireless LAN solutions are becoming an integral part of the
enterprise architecture which is helping in reducing the IT costs while
increasing employee productivity. The security modules implemented are getting
shortage of providing sufficient protection. WLAN security is an integral part
of enterprise IT strategy. Increasing network infrastructures, data centers,
and applications require encryption techniques which are driving the market.
Internet of Things devices from industrial robots to sensors used in medical
are being deployed in all verticals of an organization. The increasing wireless
devices for remote monitoring and controlling in industries are creating
challenges for security. Wireless Lan Security Market .
The
report delivers a comprehensive overview of the the market and elements such as
drivers, current trends of the past and present times, supervisory scenario,
technological growth & wireless LAN security market analysis.
Wireless Lan Security Market Segmentation
The
global wireless LAN security market is segmented into security type,
technology, deployment, end-users and region. On the basis of security type,
the segment is further classified into WPA / WPA2 (Wi-Fi Protected Access), WEP
(Wired Equivalent Privacy) and no-encryption. On the basis of technology, the
segment is further classified into dedicated security appliances, mobile VPNs,
stand-alone WLAN security software, and performance monitoring and intrusion
detection systems. On the basis of deployment, the segment is further
classified into on-cloud and on-premise. The end-users of wireless LAN security
market are enterprises and individual consumers.
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Wireless Lan Security Market Regional Analysis
North
America holds the major market share for global wireless LAN security. Factors
like technological developments, cloud managed Wi-Fi and enterprise IoT applications
are driving the market in this region. Major players are involving in merger
and acquisition activities to gain traction in the market. A10 Networks an
American manufacturer of networking components has partnered with Symantec
Corporation and American Cyber Security Company and Venafi, Inc. By partnering
with market giants A10 networks has developed specialized solutions for data
centers to deliver security modules which helps in detecting an eliminating
threats, lowering security breaches thereby reducing the total cost of security
operations.
Asia
Pacific is anticipated to show steep growth rate during the forecast period.
Owing to increase in usage of mobile devices, deployment of cloud based
applications and Internet of Things are driving the market in the region.
Adoption of cloud Wi-Fi is fuelling the market growth. The migration from
on-premise wireless LAN management to cloud wireless LAN management by most of
IT organizations are creating more growth opportunities for global wireless
WLAN security market.
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Some
of the key players in the global wireless WLAN market are
- A10 Networks
(U.S.)
- Alcatel-Lucent
S.A. (France)
- Blue Coat Systems
Inc. (U.S.)
- Brocade
Communications Systems, Inc. (U.S.)
- Cisco Systems,
Inc.(U.S.)
- Dell Inc.(U.S.)
- Hewlett Packard
Enterprise (U.S.)
- Huawei
Technologies Co. Ltd (China)
- Juniper Networks,
Inc.(U.S.)
- ZTE Corporation
(China)
- Symantec
Corporation (U.S.)
- Motorola
Solutions, Inc.(U.S.) among others.
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