Wireless LAN Controller Market Size to Grow by USD 629.87 million with 33% of the Contribution from North America - 17,000+ Technavio Reports
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- The "Wireless LAN Controller Market by Type Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the wireless LAN controller market between 2021 and 2026 is USD 629.87 million, as per the latest market analysis report by Technavio. Technavio categorizes the global wireless local area network (LAN) controller market as a part of the global technology hardware, storage, and peripherals market within the overall global information technology market. Our report provides extensive information on the value chain analysis for the wireless LAN controller market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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Key Market Dynamics:
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Key Market Segmentation Highlights:
The wireless LAN controller market report is segmented by Type (Standalone and Integrated) and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
Regional Opportunities: 33% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for wireless LAN controllers in North America. Market growth in this region will be faster than the growth of the market in the European and MEA regions. The increasing adoption of IoT technology in the US requires a large number of wireless LAN controllers by the LAN network administrator in the enterprises. This will facilitate the wireless LAN controller market growth in North America over the forecast period.
Revenue-generating Segment Analysis: The wireless LAN controller market share growth by the standalone segment will be significant during the forecast period. The increasing adoption of smart devices and surging demand for data usage are creating a huge demand for wireless LAN controllers in the global market. Thus, the standalone type segment in the global wireless LAN controller market is expected to witness growth during the forecast period.
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