December 5, 2019 by Market-NewsFlash
Global Cloud-managed LAN Market Research Report: by Component [Hardware (Routers, Switches, Wi-Fi Access Point and Gateway), Solution (Network Management, Monitoring and Performance Management, Guest Access, Onboarding Services, Configuration Solution, Unified SD-LAN and SD-WAN Management, Authentication, Authorization And Accounting (AAA) Security/Authentication, Policy Enforcement) Services [Professional Services Managed Services], Organization Size (Large Enterprise, Small and Medium Enterprise), Vertical (IT and telecom, BFSI, Government and Defense, Transportation and Logistics, Travel and Hospitality, Media and Entertainment, Education, Manufacturing) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) — Forecast till 2025
The Global Cloud-Managed LAN Market was valued at USD 524.7 million in 2018 and is expected to register a CAGR of 12.3% during the forecast period to reach USD 1,183.8 Million by 2025.
The Global Cloud-Managed LAN Market has been segmented based on component, organization size, vertical, and region.
By component, the global cloud managed LAN market has been divided into hardware, solutions, and services. The hardware segment accounted for the largest market share in 2018, whereas the services segment is anticipated to have the highest CAGR during the forecast period. Furthermore, the solution segment has been further segmented into configuration solution, authentication, authorization and accounting (AAA) security/authentication, unified SD-LAN and SD-WAN management, network management, guest access, monitoring and performance management, policy enforcement, and onboarding services.
Additionally, the services segment has been categorized as professional services and managed services. The managed services accounted for a larger market share in 2018, and it is expected to dominate the market during the forecast period. Furthermore, the professional services segment has been further divided into deployment and implementation services, consulting services, and other support services.
MRFR identifies some of the key players in the cloud-managed LAN market including Cisco Systems, Inc (US), Riverbed Technology (US), Huawei Technologies Co Ltd (China), HP Enterprise Development LP (US), DXC Technology. (US), Iricent Ltd (Dublin), Aerohive Networks (US), Juniper Networks, Inc. (US), Extreme Networks (US), CommScope (US), Verizon (US), Nokia Corporation (France), Cambium Networks, Ltd (US), Emeriocorp. (Singapore), LANCOM Systems GmbH, (Germany), and T-Systems International GmbH (Germany).
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