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The cloud managed LAN is a data transmission network connecting different workstations and computers within a restricted geographic area together with operating data and services that are present in the cloud. The cloud managed LAN services are triggering the market prospects as it offers cloud centralized platform, secure connectivity, and an easy-to-use browser-based console. In the modern digital era, a trusted network is enhancing the IT operations in an efficient manner. This means, the customer can connect and cooperate in the newest ways over mobile devices, cloud-based applications, and IoT. A cloud-managed network provides fast, reliable, and scalable Wi-Fi and switching solutions. Cloud managed network also ensures simple, web-based operations, and management.
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Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Increase in centralization of information technology and usage of heavy video applications among enterprises are some of the major factors driving the growth of the cloud-managed LAN market. In addition, rapid increase in deployment of Wi-Fi solution around the public places drives the market growth. However, lack of operational compatibility and security & privacy issues are the factors hampering the growth of the market. Furthermore, the deployment of diverse networks and rising necessity for managed Wi-Fi solutions are anticipated to provide lucrative opportunities to the growth of the market.
The market trends for cloud-managed LAN market are as follows:
Adoption of latest technologies to enhance services
The introduction of advanced networking technologies such as artificial intelligence and machine learning solutions to collect and store data values among the organization for analysis is driving the market growth. The cloud-managed networking levels is providing a platform to deliver the resources to collect and analyze data, identify patterns and trends, and present insights, which help in improving network operations. Cyber security threats are evolving and small businesses are highly attractive targets, which propel the cloud-managed LAN market growth. Cloud-managed networks are used to deliver security features to protect the network from attacks and infringements, prevent unauthorized usage, and combine with best-in-class security solutions for protection.
North America is expected to lead the market during the forecast period
North America is extremely mature and advanced to adapt latest innovation and newer technologies. The growth of the market is credited to the presence of leading market players and service providers and the presence of the headquarters and data centers in the region. Many businesses have already developed and understood the requirement of cloud managed networks for growth and improving efficiency. The increase in adoption and acceptance of outsourcing IT infrastructure & security services in this region for conserving expenses and optimizing the network is expected to boost the cloud-managed LAN market.
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