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, there was a glimmer of hope in the enterprise class Wireless LAN (WLAN) market as revenues increased Q/Q to $2.2 B. The adoption of Wi-Fi 7 accelerated, with Huawei shipping over half of the world's units.
Additional highlights from the 2Q 2024 Wireless LAN Quarterly Report:
Wi-Fi 7 adoption surged in 2Q 2024; however, large volumes of Wi-Fi 6E APs were also sold, especially to North America.
Dell’Oro Group’s outlook calls for a gradual recovery in revenues in the second half of the year and into 2025.
All macro regions contracted on a Y/Y basis. North America gained in revenue share, signaling the region is recovering from the excess supply that has dampened demand.
The purchase of Juniper by HPE obtained several regulatory approvals, and enterprise uncertainty about the acquisition does not appear to be dampening sales of Juniper Mist WLAN.
Read the full press release here.
Dell'Oro Group