Global Wireless LAN Security Market 2016-2020

Overview of the global wireless LAN (WLAN) security market

Technavio’s market research analyst predicts that the global wireless LAN (WLAN) security market will grow at a CAGR of around 20% by 2020. The recent increase in the volume of transmitted data across the network and the data stored in storage devices such a server has led to the introduction of several advanced computing techniques. These computing techniques have intensified the demand for WLAN, resulting in an increased need for WLAN security solutions to protect the network from cyber-attacks. In addition, the wide adoption of the bring-you-own-device (BYOD) policy among enterprises, which involves the use of personal devices like laptops, smartphones, and tablets for official purposes has boosted the demand for WLAN security solutions. With the growing adoption of Internet-of-things (IoT) and BYOD globally, the demand for a modernized network structure will increase significantly, which will eventually augment the need for WLAN security solutions during the predicted period.

APAC will be the fastest-growing region in the WLAN security market during the forecast period and will post a CAGR of more than 24% by 2020. Much of the region’s growth can be attributed to the increased use of mobile devices and upcoming technologies, which allows users to implement WLAN for enhanced performance over the network in terms of the increase in the transmission rate of data. With more small and medium enterprises (SMEs) adopting cloud-based services, there is a greater requirement for WLAN security solutions to protect the network and ensure the security of the transmitted data, which will boost the growth of the overall market in the region in the coming years.

Competitive landscape and key vendors

Intense competition prevails in this market because there are a number of new collaborations and emerging prominent vendors in the market with a strong global presence. The established vendors have captured the entire market which has restricted the entry of new players in the market. Cisco is the major vendor in both the access wired switching and WLAN markets. It provides both on-premises and cloud-based controlled solutions to deploy WLAN technology and offers a number of solutions and services such as Data Center Hardware and Wi-Fi Security.

Leading vendors in the market are -

• Aruba Networks
• Cisco
• Fortinet
• Juniper
• Ruckus
• Symantec

Other prominent vendors in the WLAN security market include AirTight Networks, Broadcom, Brocade Communication Systems, Dell SonicWALL, Enterasys Networks, Highwall Enterprise, and Motorola Solutions.

Segmentation by technology and analysis of the WLAN security market

• WEP
• WPA
• WPA2

During 2015, the Wi-Fi protected access (WPA2) segment dominated the WLAN security market and accounted for more than 56% of the total market share. WPA2 is an advanced technology that encrypts user credentials such as login details and passwords, so that they cannot be decoded by passive attacks, providing more secured networks. WPA2 also includes highly secured protocols such as the counter cipher mode with block-chaining message authentication code protocol and the Advanced Encryption Standard algorithm, which ensures the security of the network for both individuals and enterprises.

Segmentation by end users and analysis of the WLAN security market

• Individual consumers
• Enterprises

Enterprises are the largest end-users of WLAN security and occupied around 55% of the total market share in 2015.  The increased adoption of mobile devices and the implementation of the BYOD policy by enterprises has led to an increased demand for network security, which will, in turn, propel growth in the WLAN market. WLAN protects the wireless network from risks associated with the lost or stolen devices and insider thefts. The adoption of new technologies such as WPA2 by enterprises will generate more revenues in the market from this segment in the coming years.           

 Key questions answered in the report include

• What will the market size, market forecasting and the growth rate be in 2020?
• What are the key factors driving the global WLAN security market?
• What are the key market trends impacting the growth of the global WLAN security market?
• What are the challenges to market growth?
• Who are the key vendors in the global WLAN security market?
• What are the market opportunities and threats faced by the vendors in the global WLAN security market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global WLAN security market?

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