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 S

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The 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 market growth can be attributed increase adoption of bring your own devices (BYOD) and choose your own devices (CYOD) among business enterprises, and rapid increase in deployment of Wi-Fi solution across the public venues. However, the lack of standards in terms of connectivity and operability of Wi-Fi solutions is likely to hinder the growth of the managed Wi-Fi market there by restraining the overall cloud-managed LAN market during the assessment period. However, the deployment of heterogeneous networks (HetNets) and rising need for managed Wi-Fi solutions are also paving a way for cloud-managed LAN market during the forecast


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