[FURL=https://www.industryarc.com/Report/19412/industrial-wlan-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Industrial WLAN market [/FURL] Industrial WLAN market size was valued at $2.2 billion in 2020, and it is estimated to grow at a CAGR 3.6% during 2021-2026. Increasing penetration of connected factories, smart cities, smart utility to provide unison through strategic networking among associated machines and systems is set to drive the market. Increasing adoption of high speed Machine-to-Machine (M2M) communication to transmit data between connected devices for real-time monitoring and controlling has stimulated the market growth. Rising Adoption of wireless location appliances to track devices within WLAN infrastructure for critical applications such as high value asset tracking are offering a cost effective, high resolution location solution that has contributed to the growth of Industrial WLAN Market. With the increasing industrial shift towards wireless communication over conventional wired connection to increase the lifecycle of machines through effective predictive maintenance the demand for Wireless local area network has gained a huge traction.
Key Takeaways
Wireless access points are estimated to dominate the market during 2021-2026 with a CAGR 4.0% owing to its wide range of industrial applications for process automation and real time quality control.
Utility sector is analyzed to hold the major market share with a share of 14.9%owing to increasing adoption of digitalization in this sector from 2021 to 2026.
North America dominated the Industrial WLAN market in 2020 and is estimated to account for the largest market share of 36.1% owing to the well-established industrial infrastructure and increased investments towards latest technological up-gradation.
Accelerated IT/OT convergence, growing demand for smart factories are anticipated to boost the market during the forecast period 2021-2026.
Data security issues is one of the major challenges impeding growth of the market.
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IIndustrial WLAN Market Drivers
Increasing penetration of Industry 4.0
Increasing adoption of wireless technology
Industrial WLAN Market Landscape
Technology launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in Industrial WLAN market. In 2020, the market of Industrial WLAN Market industry outlook has been fragmented by several companies Siemens AG, Hewlett Packard Company, Huawei technologies, D-Link Corporation, TP Link Technologies Co. Ltd., Dell inc, Aruba networks, Aerohive networks, Zebra Technologies, Ruckus Networks and others.
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