Industrial Wireless Local Area Network WLAN
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How Large Will the Industrial Wireless Local Area Network (WLAN) Market Size By 2025?
The sector of industrial wireless local area network (WLAN) has seen a significant increase in its market size in recent times. It is predicted that it will rise from $1.74 billion in 2024 to $1.85 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. The historic growth is due to the industrial trend towards wireless communication, an extension in the lifespan of machinery, enhanced investment in nascent technologies, the growing penetration of Industry 4.0, and the increased use of wireless location devices for critical applications.
How Big Is the Industrial Wireless Local Area Network (WLAN) Market Size Expected to Grow by 2029?
In the coming years, it is anticipated that the industrial wireless local area network (WLAN) market will witness considerable expansion. By 2029, it is forecasted to grow to $2.38 billion, having an annual compound growth rate (CAGR) of 6.5%. This predicted growth within the forecast period can be ascribed to increased digitalization within industries, growing acceptance of wireless location appliances, rising demand for products that respect the environment, growing requests for innovative and sustainable commodities, and heightened requirement for swift, reliable, and protected communication in industrial environments. The forecast period also shows significant trends such as technological advancements, the introduction of advanced Wi-Fi standards, IoT technology developments, the adaptation of cloud-based WLAN solutions, and the inception of high-speed machine-to-machine (M2M) communication.
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Which Key Market Drivers Powering Industrial Wireless Local Area Network (WLAN) Market Expansion and Growth?
The proliferation of the Internet of Things (IoT) is predicted to be a major driver in the expansion of the industrial wireless local area network (WLAN) market. IoT refers to a coordinated system of interlinked physical devices, equipped with sensors, actuators, and software, facilitating the collection and exchange of information via the Internet. Several factors contribute to its escalating adoption, such as rapid acceptance of remote tracking and regulation solutions, amplified production of low-cost sensors, and advancements in connectivity solutions. Industrial WLAN delivers dependable wireless connections for IoT apparatus distributed throughout industrial settings, facilitating uninterrupted communication between IoT sensors, actuators, controllers, and other devices. This enables them to share information and engage in real-time interaction. A case in point is the prediction by the UK’s non-profit industry organization, the GSM Association, in January 2022, that overall IoT connections will surge past 23.3 billion by 2025, a considerable increase from the 15.1 billion connections recorded in 2021. Hence, the escalating adoption of the Internet of Things (IoT) propels the industrial wireless local area network (WLAN) market.
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Which Fast-Growing Trends Are Poised to Disrupt the Industrial Wireless Local Area Network (WLAN) Market?
Leading players in the industrial wireless local area network (WLAN) market, such as Moxa Inc., are introducing innovative solutions like advanced industrial wireless networks to enhance productivity and safety standards. These cutting-edge systems are tailored to cater to the growing complexities and needs of modern industrial sectors. For example, in February 2023, the China-based tech firm Moxa Inc., known for its dexterity in industrial networking, computing, and automation solutions, rolled out its AWK-3252A, AWK-4252A, and AWK-1151C Series AP/bridge/client devices. These next-generation industrial wireless networking solutions aim to streamline wireless operations and are tailored to the escalating needs of industrial mobile applications. The devices from the AWK series are crafted with an eye towards augmenting industrial wireless connectivity and meet the surging demand for expeditious data transmission through utilising IEEE 802.11ac technology. The AWK series by Moxa raises the bar in the simplification of wireless transactions and amalgamation of mobile systems equipped with intricate sensors and cameras, all while delivering performance par excellence to fulfil the needs of robust and future-ready systems.
What Are the Emerging Segments in the Industrial Wireless Local Area Network (WLAN) Market?
The industrial wireless local area network (WLAN) market covered in this report is segmented –
1) By Offering: Hardware, Software, Services
2) By Technology: 802.11 a/b/g, 802.11 n(WIFI 4), 802.11 ac(WIFI 5), 802.11 ax(WIFI 6)
3) By Deployment: On-Premise, Cloud
4) By End-User: Water And Wastewater, Power, Oil And Gas, Automotive, Other End-Users
Subsegments:
1) By Hardware: Wireless Access Points (APs), Wireless Controllers, Network Interface Cards (NICs), Antennas, Repeaters And Extenders, Routers And Gateways
2) By Software: Network Management Software, Security And Authentication Software, Network Optimization Software, Monitoring And Analytics Software
3) By Services: Installation And Configuration Services, Maintenance And Support Services, Managed Services, Consulting And Design Services, Training Services
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Who Are the Global Leaders in the Industrial Wireless Local Area Network (WLAN) Market?
Major companies operating in the industrial wireless local area network (WLAN) market are Dell Technologies Inc., Huawei Technologies Co. Ltd., Siemens AG, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., Hewlett Packard Enterprise Co., Nokia Corp., Eaton Corp. PLC, Western Digital Technologies Inc., ZTE Corporation, Commscope Inc., Juniper Networks Inc., Fortinet Inc., Avaya LLC, Belden Inc., Extreme Networks Inc., D-Link Corporation, ALE International SAS, Allied Telesis, Boingo Wireless, Aerohive Networks, WiFi SPARK Limited, Moxa Technologies, Ruckus Wireless, Hirschamnn, Aruba Networks (HP)
Which are the Top Profitable Regional Markets for the Industrial Wireless Local Area Network (WLAN) Industry?
North America was the largest region in the industrial wireless local area network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial wireless local area network (WLAN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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