The voice over WLAN market reaches a valuation of US$ 34.7 billion in 2023, with a projected CAGR of 8.2% from 2023 to 2033. By 2033, the market is anticipated to reach US$ 76.0 billion.
In various settings, the voice over WLAN market is experiencing significant growth due to the rising demand for cost-effective Wi-Fi solutions, enhanced voice quality, high indoor coverage, improved performance, and fast data speeds. These significant factors are driving the adoption of voice over WLAN technology, offering businesses and individuals seamless communication experiences.
Attribute | Details |
---|---|
Voice over WLAN Market Estimated Value (2023) | US$ 34.7 billion |
Voice over WLAN Market Estimated Value (2033) | US$ 76.0 billion |
Voice over WLAN Market Value CAGR (2023 to 2033) | 8.2% |
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The demand for voice over WLAN experienced steady growth from 2018 to 2022 at a CAGR of 11.3%, driven by the demand for unified communications, and the increasing adoption of IoT across industries.
The voice over WLAN market outlook from 2023 to 2033 is projected to show even strong growth compared to the period between 2018 and 2022. The market is anticipated to witness significant expansion during the forecast years, driven by the factors such as:
As businesses and individuals seek seamless communication experiences in various settings, the adoption of voice over WLAN technology is expected to accelerate, presenting significant opportunities for the market's expansion in the coming decade. As per the FMI analysis, the voice over WLAN industry is likely to garner revenue of about US$ 76.0 billion by 2033, advancing at 8.2% CAGR over the forecast period.
In many countries of Asia including China, there is a notable surge in investments toward developing robust wireless infrastructure, particularly focusing on WLAN technology. FMI projects that the market for voice over WLAN in China is expected to secure 9.6% CAGR from 2023 to 2033, touching US$ 19.8 billion by 2033.
The growing emphasis on government-led digitalization initiatives further influences the demand for advanced Wi-Fi networking systems, consequently propelling the adoption of voice over WLAN (VoWLAN) services. This confluence of factors has fostered a climate of high growth prospects for the VoWLAN market in the region.
Leading market players in these countries are actively contributing to the expansion by investing in research and development efforts to drive technical innovations and improve the overall VoWLAN experience.
The ever-increasing number of smartphone users in the region also plays a pivotal role in boosting the demand for VoWLAN services as it enables seamless and efficient communication on mobile devices. With the convergence of these factors, China’s voice over WLAN market is poised to witness tremendous growth opportunities in the foreseeable future.
The growth outlook for the Voice over WLAN industry in the United States appears highly promising with a predicted market size of US$ 11.6 billion by 2033 and achieving 7% CAGR from 2023 to 2033.
The demand for advanced Wi-Fi networking systems is on the rise with increasing investments in wireless infrastructure, including WLAN technology, and strong government initiatives for digitalization. As a result, the adoption of VoWLAN services is projected to experience significant growth.
Key market players in the region are actively contributing to the industry's expansion by investing in research and development efforts to drive technical innovations and enhance the overall VoWLAN experience. With a growing number of smartphone users and the convergence of these favorable factors, the United States' VoWLAN industry is positioned for substantial growth opportunities in the forthcoming years.
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The services sub-segment is expected to lead the market by solution at a growth rate of 8.1% over the forecast period. The services sub-segment is expected to lead the market by solution due to several factors. Firstly, the growing adoption of Voice over WLAN (VoWLAN) necessitates comprehensive support and maintenance services, driving the demand for specialized service providers.
Secondly, businesses recognize the value of seamless implementation and integration of VoWLAN into existing communication systems, leading to increased reliance on professional services. Moreover, the need for ongoing technical support, troubleshooting, and network optimization further strengthens the position of the services sub-segment.
As VoWLAN continues to expand across various industries, service providers play a crucial role in ensuring a smooth transition and optimal performance, making the services sub-segment a key driver of market leadership.
By application, security and emergency alarms are likely to top the market for voice over WLAN at a CAGR of 8.0% from 2023 to 2033.
The security and emergency alarms application is likely to top the voice over WLAN (VoWLAN) market. As safety and security remain paramount concerns for businesses and individuals, the demand for reliable and efficient voice communication in emergencies drives the adoption of VoWLAN solutions.
Integrating VoWLAN with security and emergency alarm systems enables swift and seamless communication during critical events, making it a pivotal application in the market's growth and leadership.
The competition landscape in the voice over WLAN (VoWLAN) industry is dynamic and competitive, with numerous players vying for market share.
Established telecommunication companies, technology vendors, and service providers are actively participating, offering a wide array of VoWLAN solutions tailored to various industries and customer needs. Additionally, the market is witnessing emerging players and start-ups introducing innovative VoWLAN technologies, further intensifying competition.
Differentiation through advanced features, superior voice quality, seamless integration, and comprehensive support services become crucial for companies to gain a competitive edge in this significantly evolving market. As the demand for seamless wireless voice communication rises across sectors, the VoWLAN industry is poised for continued growth and heightened competition.
Recent Developments in the Market:
The global market might create a revenue of around US$ 34.7 billion in 2023.
The United States could reach a market value of US$ 11.6 billion by 2033.
China, with a robust growth rate of 9.6% till 2033.
The services segment contributes for more than 50% and to grow at 8.1% until 2033.
Security and emergency alarm to lead with 8% CAGR through 2033.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Solution 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Solution, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Solution, 2023 to 2033 5.3.1. Hardware 5.3.2. Service 5.4. Y-o-Y Growth Trend Analysis By Solution, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Solution, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033 6.3.1. Unified Communication and Collaboration 6.3.2. Security and Emergency Alarms 6.3.3. Other - Price Making, Shipment Tracking, and Inventory Management 6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis by End User, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast by End User, 2023 to 2033 7.3.1. Residential and SOHO-Small Office House Office 7.3.2. Commerical 7.3.2.1. Healthcare 7.3.2.2. Public Sector & Government Offices 7.3.2.3. Retail Facilities & Warehouses 7.3.2.4. Education 7.3.2.5. Manufacturing & Distribution 7.3.2.6. Logistics & Transportation 7.3.2.7. Hospitality 7.3.2.8. Others - BFSI, IT & Telecom 7.4. Y-o-Y Growth Trend Analysis by End User, 2018 to 2022 7.5. Absolute $ Opportunity Analysis by End User, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. The USA 9.2.1.2. Canada 9.2.2. By Solution 9.2.3. By Application 9.2.4. By End User 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Solution 9.3.3. By Application 9.3.4. By End User 9.4. Key Takeaways 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Solution 10.2.3. By Application 10.2.4. By End User 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Solution 10.3.3. By Application 10.3.4. By End User 10.4. Key Takeaways 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. United Kingdom 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Solution 11.2.3. By Application 11.2.4. By End User 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Solution 11.3.3. By Application 11.3.4. By End User 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Singapore 12.2.1.5. Thailand 12.2.1.6. Indonesia 12.2.1.7. Australia 12.2.1.8. New Zealand 12.2.1.9. Rest of Asia Pacific 12.2.2. By Solution 12.2.3. By Application 12.2.4. By End User 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Solution 12.3.3. By Application 12.3.4. By End User 12.4. Key Takeaways 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Solution 13.2.3. By Application 13.2.4. By End User 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Solution 13.3.3. By Application 13.3.4. By End User 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. USA 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2022 14.1.2.1. By Solution 14.1.2.2. By Application 14.1.2.3. By End User 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2022 14.2.2.1. By Solution 14.2.2.2. By Application 14.2.2.3. By End User 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2022 14.3.2.1. By Solution 14.3.2.2. By Application 14.3.2.3. By End User 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2022 14.4.2.1. By Solution 14.4.2.2. By Application 14.4.2.3. By End User 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2022 14.5.2.1. By Solution 14.5.2.2. By Application 14.5.2.3. By End User 14.6. United Kingdom 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2022 14.6.2.1. By Solution 14.6.2.2. By Application 14.6.2.3. By End User 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2022 14.7.2.1. By Solution 14.7.2.2. By Application 14.7.2.3. By End User 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2022 14.8.2.1. By Solution 14.8.2.2. By Application 14.8.2.3. By End User 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2022 14.9.2.1. By Solution 14.9.2.2. By Application 14.9.2.3. By End User 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2022 14.10.2.1. By Solution 14.10.2.2. By Application 14.10.2.3. By End User 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2022 14.11.2.1. By Solution 14.11.2.2. By Application 14.11.2.3. By End User 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2022 14.12.2.1. By Solution 14.12.2.2. By Application 14.12.2.3. By End User 14.13. Singapore 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2022 14.13.2.1. By Solution 14.13.2.2. By Application 14.13.2.3. By End User 14.14. Thailand 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2022 14.14.2.1. By Solution 14.14.2.2. By Application 14.14.2.3. By End User 14.15. Indonesia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2022 14.15.2.1. By Solution 14.15.2.2. By Application 14.15.2.3. By End User 14.16. Australia 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2022 14.16.2.1. By Solution 14.16.2.2. By Application 14.16.2.3. By End User 14.17. New Zealand 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2022 14.17.2.1. By Solution 14.17.2.2. By Application 14.17.2.3. By End User 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2022 14.18.2.1. By Solution 14.18.2.2. By Application 14.18.2.3. By End User 14.19. South Africa 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2022 14.19.2.1. By Solution 14.19.2.2. By Application 14.19.2.3. By End User 14.20. Israel 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2022 14.20.2.1. By Solution 14.20.2.2. By Application 14.20.2.3. By End User 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Solution 15.3.3. By Application 15.3.4. By End User 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Cisco Systems Inc 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.2. Aruba Networks Inc 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.3. Zebra Technologies Corporation 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.4. Ruckus Networks 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.5. Aerohive Networks 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.6. Extreme Networks 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.7. Huawei Technologies 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.8. Avaya Inc 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.9. Alcatel-Lucent Enterprise 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.10. Dell Inc 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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