According to IDC’s Worldwide Quarterly Wireless LAN Tracker, the Indian WLAN market had a strong YoY growth of 19.2% by vendor revenue during 2Q22 majorly driven by the enterprise wireless segment. The market stood at USD 59.9 million (by Vendor Revenue).
With a market share of 28.6%, TP-Link was the market leader in the WLAN segment during 2Q22. Within the enterprise-class WLAN segment, Cisco was the market leader with 28.2% market share followed by HPE with 12.5%.
Enterprise-class WLAN grew by 29.4% by vendor revenue. The chip shortage situation is comparatively easing out in the WLAN segment compared to switching. Vendors are currently focused on clearing the backlogs as much as they could before CY 2022 to be able to efficiently cater to future demand. The trend of choosing vendors other than the top three to be able to get quicker shipments was evidently seen in the wireless segment as well. Services continued to be the top spending vertical. However, verticals such as education, retail, hospitality, etc. which was in a long slumber caused due to COVID, have started to gain significant traction. Wi-Fi 6 continued to dominate WLAN revenues with a 70% share by vendor revenues. Despite the growth of Wi-Fi 6, older generations of wireless i.e., AC Wave 2 continue to have market demand owing to the cost-effectiveness and to bridge the gap in the lack of Wi-Fi 6 access points in the market.
The consumer gateway router business grew by 5.7% YoY by vendor revenue. Despite offices opening in the country, the trend of hybrid work is largely propelling the growth of consumer gateway routers. Having mentioned that, the QoQ growth remained flat at 0.4%. While AX is starting to gain adoption in the consumer segment, the market is still dominated by Wi-Fi AC followed by N routers as ISPs continue to use these generations of routers for enabling home broadband connectivity.
