The Global market for Cloud Managed LAN Market is estimated to reach $1523.47 million by 2025, growing at a CAGR of 11.83% from 2020 to 2025.Cloud managed local area network is a data communication network connecting various terminals or computers within a limited geographical area along with operating data and services residing in the cloud. Cloud managed LAN technology nowadays has become a popular source of communication network with broader market prospects. Cloud managed LAN services are influencing the market prospects as it provides secure connectivity, cloud hosted centralized platform and an intuitive browser based dashboard. This cloud managed LAN technology are boosting the growth of the market as it facilitates quick and uncomplicated device exchanges in the data communication network. Fast transmission of large amount of data, demand of high speed internet within a small geographical area, ease of integrating devices into home or corporate networks along with cost effectiveness are fueling the growth of Cloud Managed LAN Market.

Key Takeaways
If an Organization is geographically dispersed cloud managed LAN enables to control the entire wireless network from a single interface. Flexibility, ease of setup along with scalability are some of the features driving the growth of Cloud Managed LAN Market.

Cloud Managed LAN networks are widely used in various small and medium enterprises for communications, penetration of high speed net and cost effective deployment of various cloud services are further driving the growth of the market.

Hospitals are using cloud based LAN technologies in a wide way for facilitating new healthcare devices which need high speed internet.

North America is dominating the market owing to the rise in enterprises, rise in demand for high speed internet, rise in hospitals facilitating technologies for healthcare using cloud managed LAN networks.

Cloud managed LAN services require the costs of data recovery which could overweigh the benefits for companies that are not as dependent on uptime and instant recovery. Furthermore, in cloud managed services full data recovery could prove very time consuming and impactful on systems. These factors are hindering the growth of the market.

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Geography - Segment Analysis
North America dominated the Cloud Managed LAN Market share by a CAGR xx% in 2019 owing to the demand for business operated in analytics, Internet of Things along with infrastructure management. Requirement for cloud managed LAN networks are contributing to further growth of the market in North America region. Furthermore, dynamic business requirements along with growing enterprises are aiding to more use of cloud based LAN networks in this region. According to the International Trade Administration In 2018, 50% of enterprises with more than 1000 users are anticipated using products provided by Cloud Access Security Broker (CASB) to monitor and manage their use of software as service and forms of public cloud in United States. Furthermore, U.S companies are very well-positioned to continue in leaderships positions within the cloud managed LAN global market.

Drivers – Cloud Managed LAN Market

Rising use of Software as service Technology

Cost effectiveness and Access to high Speed Internet

Market Landscape: Cloud Managed LAN Market is dominated by major companies such as Cisco Systems Inc., Aerohive Networks, DXC Technology, Riverbed Technology, T-Systems International, Lancôme Solutions GmbH, Verizon (US), Nokia (Finland), Juniper Networks (US), Iricent Ltd. among others.

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