Market Highlights
The
Wireless Network Security Market benefits from advanced telecommunication
combined with the rising adoption of the internet of things. Various
technologies like bring your own device (BYOD) are gaining a strong foothold in
the market, in addition to the increasing implementation of advanced network
technologies in organizations. This gives way to a number of growth
opportunities to the worldwide wireless security network market. Another factor
that induces market growth include the rising adoption of intrusion detection
system in a host of applications, including high-security areas and critical
infrastructure.
The
communication systems that can transmit data effortlessly without using cables
are in high demand globally. Reports that review the information and
communication technology industry has been presented by Market Research Future,
which produces reports on industry verticals that appraise the market expansion
and prospects. The market is expected to create revenues worth USD 8.4 Billion
at CAGR of 19.05 % in the course of the forecast period.
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The
development of infrared or radio frequency technology is a major factor adding
to the growth of the wireless LAN security market. The ability of wireless LAN
security to ensure that the data transmitted is secure along with the
capability to reduce the incidence of a malware attack is driving the progress
of the market. Furthermore, elevated development in mobile workforce solutions
and an increasing number of internet-based devices are anticipated to bolster
the wireless LAN security market in the approaching years.
With
the constant changes in the technological world, given the high usage of the
internet of things (IoT), numerous organizations are now going for wireless
network security. These wireless network security systems help guard their
network from malicious access attempts. At present, wireless communication
finds widespread use in organizations, since it is easy to set up and also
helps bring down the limitations associated with the wired communication
structure. Wireless network security is known for its low cost compared to the
wired structure and is portable. It players a crucial role in wireless
communication, getting rid of unnecessary threats that usually take place in a
network.
The
market also gains from the mounting demand for WLAN security system. However,
the complicated process of integrating wireless technologies across mobile
devices can hinder the growth of the wireless network security market in the
near future. Having said that, the surge in the use of cloud-based services in
enterprises, as well as the strong growth in mobile workforce solutions, can
lead the market to greater heights in the following years.
Segmentation:
The
segmentation of the wireless LAN security market is conducted on the basis of
technology, deployment, security type, end-users, and region. Based on the
security type, the wireless LAN security market is segmented into WEP (Wired
Equivalent Privacy), WPA / WPA2 (Wi-Fi Protected Access), and no-encryption.
Based on the technology, the wireless LAN security market is segmented into mobile
VPNs, dedicated security appliances, performance monitoring, stand-alone WLAN
security software, and intrusion detection systems. Based on the deployment,
the wireless LAN security market is segmented into on-cloud and on-premise. The
end-users basis of segmenting the wireless LAN security market comprises of
individual consumer and enterprises. Based on the region, the wireless LAN
security market comprises of North America, Europe, Asia Pacific and Rest of
the World.
Regional Analysis:
The
regional study of the wireless WLAN security market includes North America,
Europe, Asia Pacific, and Rest of the World. The North American region controls
the chief market portion of the wireless LAN security market. The incidence of
chief market players, increasing mobile workforce, and a surge in demand for
high-speed data services are motivating the market in this region. The APAC
region is anticipated to exhibit a sharp growth rate throughout the forecast
period. The boost in the use of mobile devices, implementation of cloud-based
solutions in SME and large enterprises and progresses in the IT sector are
majorly accountable for the development in this region. The important players
in this market are frequently innovating in terms of research and development
in order to expand the cost-effective secured WLAN group.
Competitive
Dashboard:
The
competitors are devoting their resources to ensure an optimum level of growth
in the coming years. The competition level in the market is found to be
conducive to the advancement of the players who are operating in the market.
The need to capture a broader chunk of the profits is supporting the expansion
of the market. The influence of governmental policies is motivating further
development in the market. The uncertainty in the market is a critical factor
that is driving the formulation of policies and plans that will be applied to
drive market growth. The rise in the flow of international transactions between
nations is further inspiring the progress of the market. The synergies being
created between supply and demand forces in the market is expected to induce
further growth of the market. The fluctuations in the currency are expected to
stabilize and thus create a favorable impact on the market.
The
wireless WLAN market includes contenders like Alcatel-Lucent S.A. (France),
Blue Coat Systems Inc. (U.S.), A10 Networks (U.S.), Symantec Corporation
(U.S.), Brocade Communications Systems, Inc. (U.S.), ZTE Corporation (China),
Cisco Systems, Inc.(U.S.), Dell Inc.(U.S.), Hewlett Packard Enterprise (U.S.),
Huawei Technologies Co. Ltd (China), Juniper Networks, Inc.(U.S.), Motorola
Solutions, Inc.(U.S.) to name a few.
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List
of Figures
FIGURE
1 RESEARCH TYPE
FIGURE
2 MESSAGING SECURITY MARKET: BY COMPONENTS (%)
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3 MESSAGING SECURITY MARKET: BY TYPE (%)
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4 MESSAGING SECURITY MARKET: BY MODE OF COMMUNICATION (%)
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5 MESSAGING SECURITY MARKET: BY DEPLOYMENT (%)
FIGURE
6 MESSAGING SECURITY MARKET: BY VERTICAL (%)
FIGURE
7 MESSAGING SECURITY MARKET: BY REGION (%)
FIGURE
8 NORTH AMERICA MESSAGING SECURITY MARKET, BY COMPONENTS (%)
FIGURE
9 NORTH AMERICA MESSAGING SECURITY MARKET, BY TYPE (%)
FIGURE
10 NORTH AMERICA MESSAGING SECURITY MARKET, BY MODE OF COMMUNICATION (%)
FIGURE
11 NORTH AMERICA MESSAGING SECURITY MARKET, BY DEPLOYMENT (%)
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