Wireless LAN Security Market Report: Trends, Forecast and Competitive Analysis to 2030

Wireless LAN Security Market Report: Trends, Forecast and Competitive Analysis to 2030

Wireless LAN Security Trends and Forecast

The future of the global wireless LAN security market looks promising with opportunities in the enterprise and individual consumer markets. The global wireless LAN security market is expected to reach an estimated $24.5 billion by 2030 with a CAGR of 15.2% from 2024 to 2030. The major drivers for this market are rising frequency of cyberattacks and threats to privacy, increasing use of high-speed internet connectivity, and growing demand for WLAN security in small and medium-sized businesses.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Wireless LAN Security by Segment

The study includes a forecast for the global wireless LAN security by security type, technology, deployment mode, end use industry, and region.

Wireless LAN Security Market by Security Type [Shipment Analysis by Value from 2018 to 2030]:

• WPA2/WPA (Wi-Fi Protected Access)
• WEP (Wired Equivalent Privacy)
• No-Encryption

Wireless LAN Security Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Dedicated Security Appliances
• Mobile VPNs
• Stand-Alone WLAN Security Software
• Performance Monitoring and Intrusion Detection Systems

Wireless LAN Security Market by Deployment Mode [Shipment Analysis by Value from 2018 to 2030]:

• On-Premises
• On-Cloud

Wireless LAN Security Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Enterprises
• Individual Consumers

Wireless LAN Security Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Wireless LAN Security Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless LAN security companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless LAN security companies profiled in this report include-

• ALE International
• Broadcom
• Cisco Systems
• Dell
• Fortinet
• Hewlett Packard Enterprise
• Huawei Technologies
• ZTE

Wireless LAN Security Market Insights

Lucintel forecasts that WPA2/WPA is expected to witness highest growth over the forecast period.

North America is expected to witness highest growth over the forecast period due to growing number of cyber crimes, significant adoption of cloud based solutions among enterprises, and presence of key players in the region.

Features of the Global Wireless LAN Security Market

Market Size Estimates: Wireless LAN security market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Wireless LAN security market size by various segments, such as by security type, technology, deployment mode, end use industry and region in terms of ($B).

Regional Analysis: Wireless LAN security market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different security types, technologies, deployment modes, end use industries, and regions for the wireless LAN security market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless LAN security market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the wireless LAN security market size?

Answer: The global wireless LAN security market is expected to reach an estimated $24.5 billion by 2030.

Q.2 What is the growth forecast for wireless LAN security market?

Answer: The global wireless LAN security market is expected to grow with a CAGR of 15.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the wireless LAN security market?

Answer: The major drivers for this market are rising frequency of cyberattacks and threats to privacy, increasing use of high-speed internet connectivity, and growing demand for WLAN security in small and medium-sized businesses.

Q4. What are the major segments for wireless LAN security market?

Answer: The future of the wireless LAN security market looks promising with opportunities in the enterprise and individual consumer markets.

Q5. Who are the key wireless LAN security market companies?

Answer: Some of the key wireless LAN security companies are as follows:

• ALE International
• Broadcom
• Cisco Systems
• Dell
• Fortinet
• Hewlett Packard Enterprise
• Huawei Technologies
• ZTE

Q6. Which wireless LAN security market segment will be the largest in future?

Answer: Lucintel forecasts that WPA2/WPA is expected to witness highest growth over the forecast period.

Q7. In wireless LAN security market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to growing number of cyber crimes, significant adoption of cloud based solutions among enterprises, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the wireless LAN security market by security type (WPA2/WPA, WEP, and no-encryption), technology (dedicated security appliances, mobile VPNs, stand-alone WLAN security software, and performance monitoring and intrusion detection systems), deployment mode (on-premises and on-cloud), end use industry (enterprises and individual consumers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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