The report on the global Voice Over Wireless LAN Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
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Market Insight
Global voice over wireless LAN market is cementing its foothold at a CAGR of 11.65% during the forecast period (2018-2023). The market is also poised to attain a valuation of to USD 34.68 billion by 2022 from USD 15.01 billion in 2015. The market is proliferating with the ongoing spread of WiFi all corners of the world, be it in offices, shops, supermarkets, railways and more. Effective communication is the key to success for an organization and voice over wireless LAN provides WiFi network at a low or no-cost, which is the chief factor driving the global voice over wireless LAN market remarkably.
The system of voice over wireless LAN works like land mobile radio system or a walkie-talkie system with a wireless framework and sends voice as discrete data packets instead of the usage of analog voice flow. It has excellent acceptance for improved indoor coverage through Wi-Fi, and its ability to handle increasing data traffic has emerged as one of the prime factors for the growth of voice over wireless LAN market over the years and would strive the market in the coming years.
The global voice over wireless LAN market is expecting an exponential growth owing to other significant factors such as creating effective communication, massive data carrier in increased coverage of the network. With the help of at little or no-cost Wi-Fi solution, the voice-over wireless LAN can profit margin of the companies under communication and is yet another striving factor for the market to spread on in the assessment period. Furthermore, the voice-over wireless LAN market is cementing with other factors such as its efficiency in handling massive data and sorting it out on the basis of increased and the enhanced coverage. These factors can ensure to raise voice over wireless LAN market growth.
On the flip side, factors such as the installation procedure and infrastructural setup required for huge investment can hold back the weight of voice over wireless LAN market growth during the forecast period. However, on the other hand, the incorporation of wireless LAN with the 5G technology can open ways for the voice-over wireless LAN market during the review period.
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Industry Segment
The market for voice over wireless LAN market globally has been segmented into solution, application, and end-user.
In terms of solution, the voice-over wireless LAN market has been segmented into hardware and services, where hardware is the leading segment and is further sub-segmented as wireless LAN access points, wireless LAN controller, wireless hotspot gateways, and voice handsets/IP wireless phones. On the other hand, services can be sub-segmented into network planning & design, deployment, up-gradation, & implementation, and training, support, & maintenance.
In terms of application, the market is segmented into unified communication & collaboration, security & emergency alarms, and more. Price marking, shipment tracking, and inventory management have been further segmented under unified communication & collaboration.
In terms of end-user, the market has been segmented into residential & small office/home office (SOHO), healthcare, public sector & government offices, retail facilities & warehouses, education, manufacturing & distribution, logistics & transportation, hospitality, and many more. Among others, banking, financial services, and insurance (BFSI), IT & Telecom are the segments that impact expressively. Residential & SOHO segment is the foremost part of the market having a significant share.
Key Competitors
The list of key contributors in the voice-over wireless LAN market growth are named as Cisco Systems, Inc. (U.S.), Aruba Networks, Inc. (U.S.), Zebra Technologies Corporation (U.S.), Ruckus Wireless, Inc. (U.S.), Aerohive Networks, Inc. (U.S.), Extreme Networks, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Avaya Inc. (U.S.), Alcatel-Lucent Enterprise (France), and Dell Inc (U.S.).
Regional Analysis
Regionally, the Voice Over Wireless LAN Market globally has been studied under main regions of North America, Asia Pacific, Europe, and Rest-of-the-World (RoW).
Among all these, North America, at present, is considered to be leading the global market by having a considerable market share. The infrastructural superiority of this region is providing the perfect ambiance for the voice-over wireless LAN market. With this, the region is integrating latest technologies at a rapid speed to make sure that it stays ahead of the rest and thus giving the voice over wireless LAN market scope to expand through various industries during the review period.
On the other hand, the European region and its industrial level and its strategies are also benefitting the voice over wireless LAN market significantly. Infrastructural set up in this region is commendable, which complements the regional growth. Whereas, the APAC market is showing great promise as the region holds tremendous prospect and is lucrative enough to make sure market behemoths it. Furthermore, companies are finding the region fit for their expansion plans, which ensures voice over wireless LAN market growth in the coming years as well.
LIST OF TABLES
Table1 Global Voice Over Wireless LAN Market: By Region, 2018-2023
Table2 North America Voice Over Wireless LAN Market: By Country, 2018-2023
Table3 Europe Voice Over Wireless LAN Market: By Country, 2018-2023
Table4 Asia-Pacific Voice Over Wireless LAN Market: By Country, 2018-2023
Table5 Rest Of The World Voice Over Wireless LAN Market: By Country, 2018-2023
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LIST OF FIGURES
FIGURE 1 Global Voice Over Wireless LAN Software Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Voice Over Wireless LAN Market
FIGURE 4 Value Chain Of Global Voice Over Wireless LAN Market
FIGURE 5 Share Of Global Voice Over Wireless LAN Market In 2018, By Country (In %)
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