Wireless LAN security is a security system designed to protect breaches on wireless systems. Data transmitted through wireless LAN needs security owing to being vulnerable to attacks. Encryption, authentication, and administrative control methods are employed by organizations for controlling the safe transmission and sharing of data. The global wireless LAN security market report by Market Research Future (MRFR) identifies drivers, restraints, opportunities, and challenges that affect the industry for the period of 2017 to 2023 (forecast period). The COVID-19 pandemic and its effects on the industry have been included for suggesting strategies taken by industries to survive.
Wireless Lan Security Market Scope
The global wireless LAN security market size can balloon to USD 8 billion by 2023. It can exhibit 19% CAGR over the forecast period. The market is driven by inclination towards cloud, rise of internet-supported mobile devices, and adoption of BYOD among organizations. Rise of wireless networks among organizations can induce market demand significantly. WLAN security systems can enhance data transmission rates and improve network performance.
The COVID-19 pandemic led to a surge of uploads and downloads owing to high traffic on streaming, gaming, and edutech platforms. This has led to wireless LAN administrators employing security measures and updating Wi-Fi equipment for preventing entry of malicious breaches. Secure modes allows employees for gaining access through VPNs on a company network.
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But integration of wireless network security in mobile devices seems to be a key challenge of the market.
Wireless Lan Security Market Segmentation
On the basis of security type, the market is segmented into WEP (Wired Equivalent Privacy), WPA / WPA2 (Wi-Fi Protected Access), and no-encryption. The WPA/WPA2 segment is bound to dominate the market owing to protocols being built on IEEE 802.11i standard with only authorized users allowed to access the wireless network.
On the basis of technology, the market is segmented into performance monitoring and intrusion detection systems, dedicated security appliances, mobile VPNs, and stand-alone WLAN security software.
On the basis of deployment, the market is split into on-cloud and on-premise.
The end-users of wireless LAN security market are enterprises and individual consumers. Enterprises are likely to occupy a major market share owing to frequent transfer of data on wireless networks. This is attributed to demand for wireless network communication infrastructure in short distances.
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Wireless Lan Security Market Regional Analysis
North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW) are major regions analyzed for measuring the growth of the global wireless LAN security market.
North America is set to dominate the global market owing to rise of mobile device workers, demand for high speed data services, and presence of security solution providers. Adoption of cloud by SMEs and trend of BYOD among employees can trigger the demand for WLAN security. Control over devices and software that have access to internal resources can prompt chief security officers for adopting WLAN security services.
APAC is estimated to contribute to market revenue owing to presence of major companies in India, China, Japan, Australia, and Vietnam. Development of mobile workforces and radiofrequency technology for transferring data securely can drive regional market demand. High use of IoT and its proliferation in large organizations can spur the adoption of wireless security solutions.
Wireless Lan Security Market Competitive Scope
Huawei Technologies Co. Ltd, Brocade Communications Systems, Inc., Hewlett Packard Enterprise, Cisco Systems, Inc., Blue Coat Systems Inc., Motorola Solutions, Inc., Juniper Networks, Inc., ZTE Corporation, Alcatel-Lucent S.A., Symantec Corporation, Dell Inc., and A10 Networks are prominent players of the global wireless LAN security market.
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The market is highly competitive with players offering advanced solutions in form of annual subscriptions or special packages. Rise of high-secure data centers and critical infrastructure can spur innovation among players.
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