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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.

By Jay PrakashPublished about a year ago 3 min read
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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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