Cloud-managed LAN Market Demand, Size, Share, Scope & Forecast To 2030
Cloud-Managed LAN: The Future of Network Management
The Cloud-Managed LAN Market was valued at USD 524.7 million in 2018 and is expected to register a CAGR of 9.20% during the forecast period to reach USD 3.8 Billion by 2022-2030.
A Local Area Network (LAN) is an essential component of a business’s communication and information sharing infrastructure. In the past, LANs were managed through on-premise solutions, which required significant investments in hardware, software, and IT personnel. However, with the advent of cloud computing, businesses are now able to manage their LANs through cloud-managed solutions. Cloud-managed LANs offer several advantages over traditional on-premise solutions:
Scalability: Cloud-managed LANs are designed to be scalable, allowing businesses to easily add or remove devices from their network as needed. This makes it easy for businesses to adapt to changing business needs.
Simplified Management: Cloud-managed LANs are managed through a single dashboard, making it easy for IT personnel to monitor network activity, configure settings, and troubleshoot issues.
Cost-Effective: Cloud-managed LANs eliminate the need for significant investments in hardware and IT personnel, reducing the cost of network management for businesses.
Security: Cloud-managed LANs provide high levels of security through the use of advanced encryption and authentication protocols.
Remote Access: Cloud-managed LANs can be accessed remotely, making it easy for IT personnel to manage the network from anywhere.
One of the primary benefits of cloud-managed LANs is their scalability. As businesses grow and expand, they often need to add new devices to their network. This can be a complex process with on-premise solutions, requiring significant investments in hardware and IT personnel. However, with cloud-managed LANs, businesses can easily add or remove devices from their network through a centralized dashboard, without the need for significant investments in hardware or personnel.
Cloud-managed LANs also simplify network management. With on-premise solutions, IT personnel often need to manually configure settings and troubleshoot issues on individual devices. This can be a time-consuming and labor-intensive process. However, cloud-managed LANs allow IT personnel to monitor network activity, configure settings, and troubleshoot issues through a single dashboard, streamlining the network management process.
Cloud-managed LANs are also cost-effective. With on-premise solutions, businesses need to invest in significant hardware and personnel to manage their network. However, with cloud-managed solutions, businesses only need to pay for the services and resources they use, reducing the overall cost of network management.
Browse In-depth Market Research Report (111 Pages) on Cloud-managed LAN Market
Cloud-managed LAN Market Key Players
MRFR identifies some of the key players in the global cloud-managed LAN market
- Cisco Systems, Inc (US),
- Aerohive Networks (US),
- HP Enterprise Development LP (US),
- DXC Technology. (US),
- Iricent Ltd (Dublin),
- Nokia Corporation (France),
- T-Systems International GmbH (Germany),
- Juniper Networks, Inc. (US),
- Extreme Networks (US),
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