Global Cloud Managed LAN Market, By Type (Hardware, Service, Solution), Deployment (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (Small and Medium Enterprises, Large Enterprises), Application (Information Technology, BFSI, Manufacturing, Retail, Healthcare, Telecommunications, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Cloud Managed LAN Market
The cloud managed LAN market is expected to witness market growth at a rate of 12.30% in the forecast period of 2021 to 2028 and is expected to reach USD 1,676.55 million by 2028. Data Bridge Market Research report on cloud managed LAN market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in adoption of “bring your own devices” (BYOD) across the globe is escalating the growth of cloud managed LAN market.
Cloud managed local area network refers to data communication network which connects numerous terminals or computers within a limited geographical area coupled with operating data and services in the cloud platform. Cloud managed LAN services offer secure connectivity, an intuitive browser based dashboard and cloud hosted centralized platform. These services assist in facilitating quick and uncomplicated device exchanges within the data communication network.
The increasing need of solution for fast transmission of large amount of data and rise in demand of high speed internet within a small geographical area are the major factors driving the cloud managed LAN market. The growing adoption of bring your own devices (BYOD) and choose your own devices (CYOD) by business enterprises and the high usage of Wi-Fi solution in the public venues accelerate the cloud managed LAN market growth. The growth in the cloud computing trend, M2M communications and big data and centralization of IT and the increasing use of cloud-hosted voice and customer engagement applications by midsize businesses in order to gain a competitive edge and grow list of IoT devices influence the cloud managed LAN market. The consumer inclination towards the technology as they are known to analyze data, deliver resources to collect, identify patterns and trends and provide insights to enhance network operations which also propels the cloud managed LAN market. Additionally, concerns regarding cyber security threats as this technology protect the network from attacks and intrusions, the ease of integrating devices into home or corporate networks, increasing need to scalable compute and storage to deliver value and cost effectiveness positively affect the cloud managed LAN market. Furthermore, growing need for managed WI-FI solutions and deployment of heterogeneous networks (HetNets) extend profitable opportunities to the cloud managed LAN market players in the forecast period of 2021 to 2028.
On the other hand, the lack of standards in terms of connectivity and operability of Wi-Fi solution is expected to obstruct the cloud managed LAN market growth. The rise in concerns regarding the security and privacy is projected to challenge the cloud managed LAN market in the forecast period of 2021-2028.
This cloud managed LAN market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cloud managed LAN market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Cloud Managed LAN Market Scope and Market Size
The cloud managed LAN market is segmented on the basis of type, deployment, organization size and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the cloud managed LAN market is segmented into hardware, service and solution. Hardware is further segmented into switches, Wi-Fi access points, routers and gateways. Service is further segmented into professional services and managed services. Solution is further segmented into network management, guest access, configuration solution and others.
- On the basis of deployment, the cloud managed LAN market is segmented into public cloud, private cloud and hybrid cloud.
- On the basis of organization size, the cloud managed LAN market is segmented into small and medium enterprises and large enterprises.
- On the basis of application, the cloud managed LAN market is segmented into information technology, BFSI, manufacturing, retail, healthcare, telecommunications and others.
Global Cloud Managed LAN Market Country Level Analysis
The cloud managed LAN market is analyzed and market size, volume information is provided by the country, type, deployment, organization size and application as referenced above.
The countries covered in the global cloud managed LAN market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the cloud managed LAN market due to the presence of major providers of cloud-managed LAN platforms, technological advancement and innovations and the rising adoption and acceptance of outsourcing IT infrastructure and security services in the region. Asia-Pacific is expected to witness the fastest growth because of the increasing need for quality of services to increase the customer experience in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cloud Managed LAN Market Share Analysis
The cloud managed LAN market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cloud managed LAN market.
The major players covered in the cloud managed LAN market report are Iricent Ltd., Extreme Networks, LANCOM Systems GmbH, Huawei Technologies Co., Ltd, Riverbed Technology, NTT Corporation, Cambium Networks, Ltd., Verizon, Cisco, Juniper Networks, Inc., DXC Technology Company, Extreme Networks, T-Systems International GmbH, Hewlett Packard Enterprise Development LP, CommScope, Nokia, Infinera Corporation, Microchip Technology Inc., Microsoft among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-