The Global LAN as a Service market is projected to grow at a CAGR of 16.2% During Forecast Period 2022-2030.

LAN as a Service Market Overview:

This market research analysis identifies the increasing adoption of the Internet of Things (IoT) as one of the major growth factors for this market. Rapid urbanization, migration of people to cities, and increasing smart city development have led to an exponential increase in the number of smart connected devices. This will increase the demand for machine-to-human (M2M) and machine-to-human (M2H) communications that help users easily manage, monitor and maintain their connected devices. IoT uses multiple technologies such as Wi-Fi, Radio Frequency Identification (RFID), sensors, barcodes and GPS to ensure the reliability of smart city projects, which demands an effective connectivity solution. Demand for LANaaS-enabled services will increase dramatically in the coming years as they provide a low-cost connectivity solution for smart connected devices.

The growing adoption of on-demand LANs will be one of the key trends that will gain traction in this market over the next few years. The growing popularity of LANaaS and Wide Area Network as a Service (WANaaS) will introduce on-demand networking solutions. On-demand services provide flexible networking options with minimal upfront cost. Vendors such as Cisco Systems and AT&T have already developed on-demand networking services to explore new areas of the cloud-based networking market, and are also developing next-generation networking solutions such as software-defined networking to simplify LAN systems.

LAN as a Service market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global LAN as a Service market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in LAN as a Service Industry Research:

Market Key Players:
Cisco Systems, Huawei Technologies, Juniper Networks, VMware, Aerohive Networks, Aryaka, Brocade Communications System, Centiant International, Iricent, Microland, NetCraftsmen, Nuvem Networks, Pertin, And Others.

By Type:

• Managed LANaaS
• Wi-Fi Only
• Management Only
• Other

By Application:

• BFSI
• Education
• Healthcare
• Hospitality
• Telecom
• Other

• C-Level Executives: 35%
• D-Level Executives: 25%
• Managers: 40%
• Other

By Region:

Asia Pacific is expected to emerge as the fastest-growing regional market during the forecast period. This growth can be attributed to an increase in the number of service providers in the region coupled with growing demand for cost-effective and flexible solutions. Additionally, increasing adoption of cloud technologies by APAC enterprises has increased the demand for LANaaS services in the region. As smartphone and tablet penetration increases across Asia Pacific, so does data usage, driving the need for efficient network infrastructure solutions such as managed LANaaS services.

North America is estimated to hold a significant share due to early adoption of the technology coupled with the presence of major players operating within the country, such as AT&T. corporation; Cisco Systems, Inc.; Google LLC; Microsoft company; Verizon Communications

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Growth Factors:

The growing trend of cloud computing and the demand for greater flexibility and scalability have increased the demand for LAN as a Service by small and medium-sized businesses (SMBs).

The growing popularity of virtualization, which helps organizations reduce hardware costs, makes LAN as a Service a much more attractive option.

The rapid growth of mobile devices and BYOD policies placing greater strain on corporate networks is driving demand for LAN as a Service solutions that can quickly adapt to changing requirements.

As concerns about data security grow, many organizations are looking to managed LAN services that provide enhanced protection against, for example, cyber threats.

LAN as a Service Market report scope:

Crucial Points from this LAN as a Service Report

• Estimate LAN as a Service market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the LAN as a Service market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of LAN as a Service market?

The LAN as a Service Market is growing at a CAGR of 16.1% During Forecast Period.

 What are the key types of LAN as a Service market?

Managed LANaaS, Wi-Fi Only, Management Only

What are the key applications of LAN as a Service market?

BFSI, Education, Healthcare, Hospitality, Telecom                   

Who are the key players in LAN as a Service market?

Cisco Systems, Huawei Technologies, Juniper Networks, VMware, Aerohive Networks, Aryaka, Brocade Communications System, Centiant International, Iricent, Microland, NetCraftsmen, Nuvem Networks, Pertin, And others.