Voice Over Wireless LAN Market Analysis
The global voice over wireless LAN market size is predicted to touch USD 34.68 billion at an 11.65% CAGR between 2022- 2030, states the recent Market Research Future (MRFR) analysis. Voice over wireless LAN or VoWLAN, simply put, is the use of wireless network components and VoIP technology to support voice over Wi-Fi. Hospitality, logistics and transportation, manufacturing and distribution, education, retail facilities and warehouses, public sector and government offices, healthcare, residential and small office/home office SOHO, and others, are some of its end users.
Various factors are propelling the global voice over wireless LAN (VO WLAN) market, share. According to the recent MRFR report, such factors include the burgeoning demand for efficient and low-cost Wi-Fi solution, high performance and speed, better voice quality, and high indoor coverage, ability to handle growing data traffic, and need for effective communication. Besides, increasing use of voice over wireless LAN during the current COVID-19 outbreak is also adding market growth.
On the contrary, huge investments in infrastructural setup and installation procedure may limit the global voice over wireless LAN market growth over the forecast period.
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Voice Over Wireless LAN Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global voice over wireless LAN market based on end user, application, and solution.
By solution, the global voice over wireless LAN industry is segmented into services and hardware. Of these, the hardware segment will lead the market over the forecast period. It is further segmented into voice handsets/IP wireless phones, wireless hotspot gateways, wireless LAN controller, wireless LAN access points, and others. The services segment is again segmented into support and maintenance, training, upgradation and implementation, deployment, and planning and design. The services segment will grow at a fast pace over the forecast period.
By application, the global voice over wireless WLAN market is segmented into security and emergency alarms, unified communication and collaboration, and others. The others segment is again segmented into inventory management, shipment tracking, price marking, and others. Of these, the security and emergency alarms segment will dominate the market over the forecast period.
By end user, the global voice over wireless LAN market is segmented into hospitality, logistics and transportation, manufacturing and distribution, education, retail facilities and warehouses, public sector and government offices, healthcare, residential and small office/home office SOHO, and others. Of these, the healthcare segment will have a major share in the market over the forecast period.
Voice Over Wireless LAN Market Key Competitors
Key contenders profiled in the global voice over wireless LAN market report include Dell Inc (U.S.), Alcatel-Lucent Enterprise (France), Avaya Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Extreme Networks, Inc. (U.S.), Aerohive Networks, Inc. (U.S.), Ruckus Wireless, Inc. (U.S.), Zebra Technologies Corporation (U.S.), Aruba Networks, Inc. (U.S.), and Cisco Systems, Inc. (U.S.).
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Voice Over Wireless LAN Market Regional Analysis
Based on the region, the global voice over wireless LAN market covers the growth opportunities and recent trends across Europe, North America, Asia Pacific (APAC), and Rest-of-the-World (RoW). Of these, North America will spearhead the market over the forecast period. The presence of superior infrastructure industries, technological advances, and the presence of market behemoths are adding to the global voice over wireless LAN market growth in the region.
The global voice over wireless LAN market in Europe is predicted to hold the second-largest share over the forecast period.
The global voice over wireless LAN market in the APAC region is predicted to grow at a fast pace over the forecast period. The largest smartphone market in China, important collaborations in Japan, and favorable initiatives by the government like Digital India are adding to the global voice over wireless LAN market growth in the region. India and China have the utmost share in the market.
The global voice over wireless LAN market in the RoW is predicted to have sound growth over the forecast period.
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