Increasing Adoption of BYOD Policy is a New Trend in the Global Wireless LAN Security Market

LONDON - March 6, 2014 - PRLog -- TechNavio, the independent London-based global research firm, today announced the publication of its research report on the Global Wireless LAN Security Market. The report finds increasing adoption of BYOD policy as a new trend catching up the Global Wireless LAN Security Market. The analysis is for the forecast period 2014-2018.

One of the major trends in the market is the increasing adoption of BYOD policy in enterprises. As the need to expand business operations is increasing, the need for enterprise mobility is also increasing. As a result, enterprises are encouraging employees to use their personal devices for official purposes. This is a major factor supporting the growing demand for WLAN. Therefore, as the adoption of BYOD will be increasing, the need for WLAN will be also increasing; which will be contributing to the growth of the Global WLAN Security market during the forecast period.

In 2013, the Americas were dominating the Global WLAN Security market with a share of 43.8 percent. Within the Americas, WLAN penetration was the highest in North America, especially in the US. However, sales in the US market were relatively flat due to decreased spending by the US federal government. Latin America will be witnessing high growth during the forecast period as the Healthcare and Education sectors in Latin America will be witnessing an increasing deployment of WLAN infrastructures along with the increasing trend of BYOD in workplaces. WLAN security vendors are estimating high-growth potential in the emerging Latin American countries including Brazil and Mexico. The EMEA & APAC region closely followed this.

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

If you are interested in more information on this topic and our upcoming research on the Global Wireless LAN Security Market 2014-2018 (http://www.technavio.com/report/global-wireless-lan-secur...), please send an e-mail to media@TechNavio.com

About TechNavio

TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.

TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Wireless LAN Security Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.