Record Level 3Q 2022 Wireless LAN Revenues Defy Ongoing Supply Problems, According to Dell'Oro Group
REDWOOD CITY, Calif., Dec. 13, 2022 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the Wireless LAN market hit a new record of $2.4 Billion in the third quarter, despite the continuing supply bottlenecks. The market grew a surprising 32 percent year over year; meanwhile, manufacturers still have a huge pile-up of backlogged orders.
- "The third quarter saw the second highest level of shipment volumes in history a testament to manufacturers' excellent navigation of the supply constraints," said Sin Morgan, Wireless LAN Research Director at Dell'Oro Group.
- On top of this, the high adoption of Wi-Fi 6 is driving up prices, having an accelerating effect on revenues.
- Arista and Ruijie Networks, two companies each with a small Wireless LAN market share, made bold moves focusing on expansion.
- Public Cloud managed APs are growing faster than the market and represented 30 percent of Wireless LAN revenues.