What is Cloud-managed LAN Market?
Cloud managed LAN is a data communication network which connects various terminals or computers within a limited geographical area along with operating data and services residing in the cloud. This technology nowadays has become a popular source of communication network with broader market prospects. Cloud managed LAN services provides secure connectivity, cloud hosted centralized platform and an intuitive browser-based dashboard and hence are influencing the market prospects. Moreover, this technology is boosting the growth of the market as it facilitates quick and uncomplicated device exchanges in the data communication network.
The market study is being classified and major geographies with country level break-up.
Cisco Systems (United States), Aerohive Networks (United States), HP Enterprise Development LP (United States), DXC Technology (United States), Iricent Ltd (Dublin), Nokia (Finland), T-Systems International GmbH (Germany), Juniper Networks (United States), Extreme Networks (United States), CommScope (United States) and Huawei Technologies Co Ltd (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cambium Networks Ltd (United States), Verizon (United States), Emeriocorp. (NTT Communications) (Singapore), LANCOM Systems GmbH (Germany) and Riverbed Technology (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cloud-managed LAN market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Cloud-managed LAN market by Type, Application and Region.
On the basis of geography, the market of Cloud-managed LAN has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Deployment of Wi-Fi Solutions in Public Venues
- Access to High Speed Internet and Cost Effectiveness
Market Trend
- Rising Adoption of BYOD and CYOD in Enterprises
Restraints
- Security and Privacy Issues May Hinder the Market
Opportunities
- Increasing Need for Managed Wi-Fi Solutions
- Rising Use of Software as a Service Technology
Challenges
- Lack of Standards in Terms of Connectivity
Market Leaders and some development strategies
In June 2019, Extreme Networks, announced acquire Aerohive Networks that allows Extreme Networks to strengthen its market position in cloud management and wireless networking, subscription, and services businesses. The acquisition is expected to be completed by 2020.
In April 2019, Juniper Networks, has launched Contrail Service Orchestration, which is a cloud-based SD-WAN solution that offers secured WAN infrastructure and manages branch LAN and Wi-Fi networks simultaneously
Key Target Audience
Equipment Manufacturers, Raw material suppliers, Government associations, Research organisations, Software vendors and Others