Smart Textiles for Military Market Forecasts to 2028 – Global Analysis By Type (Active Smart Textiles, Ultra-Smart Textiles, and Other Types), Application (Energy Harvest, Health Monitoring, Protection & Mobility, and Other Applications), End User and By

Smart Textiles for Military Market Forecasts to 2028 – Global Analysis By Type (Active Smart Textiles, Ultra-Smart Textiles, and Other Types), Application (Energy Harvest, Health Monitoring, Protection & Mobility, and Other Applications), End User and By Geography

According to Stratistics MRC, the Global Enterprise WLAN Market is accounted for $7.31 billion in 2022 and is expected to reach $11.4 billion by 2028 growing at a CAGR of 7.7% during the forecast period. The enterprise WLAN (wireless local area network) market consists of sales of enterprise WLAN network devices and services by entities (organisations, sole proprietorships, and partnerships) that connect to the internet via radio wireless connections (Wi-Fi) rather than traditional cables. Enterprise WLAN is a device that uses wireless communication to connect two or more wireless devices and provide mobility to network users. It uses radio communication to connect to a wired network within a specific area, such as a work campus or an office building. The growing volume of data used by enterprise applications has fueled the adoption of enterprise WLAN solutions, which improve network throughput and data transmission rates.

According to the Wi-Fi Organizations, the global economic value of Wi-Fi connections reached USD 3,244 billion in 2021 and is expected to reach around USD 4,348 billion by 2025. Furthermore, the integration of solutions in WLAN services such as traffic analyzers, performance monitoring, and configuration management enables organisations to solve problems such as hyper-scale networks, which is boosting the growth of the Enterprise WLAN market.

Market Dynamics:

Driver:

Increase in adoption of Cloud-based managed services

The market is expanding due to increased adoption of cloud-based managed services and rising demand for IoT devices in enterprises. Furthermore, cloud managed platforms help organisations achieve higher speeds by deploying radio frequency-based solutions. Several leading players are developing cloud platforms to manage internet and wi-fi connections around the world, which will boost market growth. Moreover, the increased demand for network solutions for improved work efficiency is expected to propel the enterprise WLAN industry's growth over the forecast period.

Restraint:

Service, Security & Range issues

Unauthorized users are more likely to attack Wi-Fi networks. When deciding to use wireless networks, you must consider security. Furthermore, to reduce interference, several government and non-government organisations around the world control and restrict frequency usage. The quality of wireless LAN service is frequently lower than that of traditional networks. Furthermore, growth is hampered by limited bandwidth due to radio transmission constraints, higher error rates due to interference, and increased delay/delay volatility due to extensive error correction and detection methods.

Opportunity:

Rising Demand from Large Enterprises

The increasing demand for continuous connectivity for smooth business operations can be attributed to the growth of the enterprise WLAN market. Deployment of WLAN services in large enterprises is boosting overall market growth, as increased data usage creates a strong demand for improved premise mobility. Furthermore, the increasing reliance on enterprise WLAN structures is positively influencing the industry's growth in order to meet rapidly changing business requirements such as high bandwidth and low latency.

Threat:

Lack of Standardization

Market players are struggling to meet the requirements for Wi-Fi technology-based access point networks. A wireless enterprise LAN deployment is not complete unless and until it provides internet access. The network is made up of handling and deploying access points in the appropriate locations. The location of the access points is determined by a single device with specific area network coverage. Furthermore, the lack of standardised instruments by various vendors, as well as network trafficking bottlenecks impede market growth.

Covid-19 Impact

The global COVID-19 pandemic has had a significant impact on businesses all over the world. Due to the lockdown imposed by various governments, but it has had a positive impact on the adoption of enterprise WLAN solutions. Employees are required to work from home, increasing the use of cloud infrastructure and the adoption of remote workspace applications. This is expected to lead to an increase in internet traffic. The global lockdown hampered the auction of WLAN spectrum, delaying the implementation of enterprise WLAN. Following the implementation of COVID-19, businesses are focusing on advanced technology, such as augmented reality, virtual reality, and the internet of things, to perform contactless operations in industry verticals such as manufacturing, energy and utility, and others, which will drive the global adoption of enterprise WLAN solutions.

The Large Enterprises segment is expected to be the largest during the forecast period

The large enterprises represented more than the Enterprise WLAN market in North America and is expected to be the largest during the forecast period. Several global corporations are turning to sophisticated technologies like cloud and IoT to improve business efficiency and productivity. They are also collaborating with other companies to build advanced cybersecurity solutions that make use of cutting-edge technology such as AI and IoT which drives the market, Furthermore, one of the primary reasons that large firms use corporate WLAN solutions is that they employ radio frequency to transfer vast amounts of data, allowing companies to dramatically minimise capital expenditure.

The Software segment is expected to have the highest CAGR during the forecast period

The Software segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its increase demand for WLAN management, WLAN analytics, and WLAN security. Among these, WLAN analytics segment will witness highest growth through the analysis timeframe. This growth is majorly attributed to the due to increasing use of intelligent Wi-Fi analytics for predicting consumer behavior as well as monitoring network. Increasing adoption and developments of cloud-based software solutions for better internet connectivity have propelled the market growth.

Region with highest share:

North America dominated the enterprise WLAN market and is expected to retain its position during the forecast period, owing to an increase in the need for high-speed internet for business due to the shift of business toward digitization and the availability of deployment of unlicensed and shared spectrum in organisations. The infrastructure for wireless technology has received such substantial expenditures, which has increased demand for commercial WLAN. Therefore, contributing to the highest share in the market.

Region with highest CAGR:

During the forecast period, Asia Pacific is expected to register highest CAGR, due to the growing adoption of wireless technologies, as well as increased investment by the leading telecom companies. This market experienced significant growth in all major countries, including China, India, Japan, and others.

Key players in the market

Some of the key players profiled in the Enterprise WLAN Market include Netgear, Inc., Extreme Networks, Inc., Fortinet, Inc, ZTE TEchnologies., Commscope, Inc., TP-Link Technologies Co., Ltd., D-Link Corporation (Taiwan), Dell Technologies, Inc., Huawei Technologies Co., Ltd., Cisco Systems, Inc., Juniper Networks, Inc., LANCOM Systems GmbH, Cambium Networks, Ltd. and Boingo Wireless,Inc.

Key Developments:

In January 2021, Netgear, Inc., a network equipment company, launched ‘Nighthawk RAXE500 Wi-Fi 6E’, Tri-band router at the CES 2021. It was designed to facilitate the fastest Wi-Fi speed up to 10.8 Gbps. Netgear RAXE500 Wi-Fi launched with two advanced mobile products, including LAX20 4G LTE Nighthawk Wi-Fi 6 router and Netgear LM1200 4G LTE modem.

In September 2021, D-Link Corporation launched advanced outdoor industrial access points 3650AP DIS AC1200 and indoor industrial access point DIS-2650AP. These products are based on advanced technologies to drive business growth through its innovation. This launch accelerated the company’s access point’s solutions product portfolio to improve operational efficiency in the industry.

In February 2020, Huawei Technologies Co. Ltd. launched ‘AirEngine Wi-Fi 6’ and Wi-Fi 6 access point (AP) products for accelerating enterprise with WLAN fully wireless technology. These products are deployed to establish wireless technology campuses and accelerate their digital transformation.

Components Covered:
• Hardware
• Software
• Service

Applications Covered:
• Healthcare
• Retail
• Government
• Hospitality
• Education
• BFSI
• IT & Telecom
• Other Applications

Organizations Covered:
• Small and Medium Enterprises
• Large Enterprises

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements