How Has the Wireless Access Points Market Evolved Historically and What is its Current Size?
The wireless access points market has seen considerable growth due to a variety of factors.
• The wireless access points market has grown rapidly in recent years. It is expected to rise from $5.23 billion in 2024 to $5.75 billion in 2025, at a CAGR of 10.0%.
This expansion is attributed to factors such as increased demand for 5G network acceleration, widespread adoption of IoT devices, growing usage of wireless access points, and the rise of smart homes and connected devices.
What is the Forecasted Market Size and CAGR for the Wireless Access Points Market?
The wireless access points market is expected to maintain its strong growth trajectory in upcoming years.
• The wireless access points market is expected to grow steadily, reaching $8.29 billion by 2029 at a CAGR of 9.6%.
This growth is due to the rise of smart cities, increasing demand for seamless, high-speed wireless connectivity, and growing need for fast data access. Key trends include biotechnology innovation, technological advancements, and rising investments and partnerships.
What Key Factors and Trends Are Driving The Growth Wireless Access Points Market?
The escalating demand for wireless internet connectivity in residential and commercial properties is predicted to boost the expansion of the wireless access point market. This access pertains to wireless local area networks (WLANs) - wireless systems employing technologies like Wi-Fi to link devices within a confined space, such as homes, offices, or campuses. The surge in demand for wireless internet in residential and commercial premises is fuelled by the rising adoption of smart devices, Internet of Things (IoT), smart cities initiatives, increased bandwidth needs, high demand for BYOD and work from home arrangements, coupled with advancements in 5G and Wi-Fi 6 technology. Wireless access points offer seamless roaming, letting users navigate within the coverage area without any interruptions or loss of connection. For example, a report published by the Canadian Radio-television and Telecommunications Commission, a Canadian government agency, stated that in 2022, the residential wireless internet access subscribers tallied at 93.9%, marking a 0.4% increase from the previous year. Thus, the escalating demand for wireless internet in residential and commercial properties is propelling the wireless access point market's growth.
What Are The Market Segments In The Wireless Access Points Market?
The wireless access points market covered in this report is segmented –
1) By Type: Indoor, Outdoor
2) By Deployment: On-Premises, Cloud-Based
3) By Application: Gateways Or Routers, Dependent AP, Independent AP
4) By End User: Banking, Financial Services And Insurance, Healthcare, Manufacturing, Commercial, Telecom, Other End Users
Subsegments:
1) By Indoor: Ceiling-Mounted Access Points, Wall-Mounted Access Points, Desktop Access Points
2) By Outdoor: Dual-Band Outdoor Access Points, Weatherproof Outdoor Access Points, Rugged Outdoor Access Points
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What Emerging Trends Are Influencing The Growth Of The Wireless Access Points Market?
In the wireless access point market, leading corporations are attempting to gain a competitive edge by designing advanced access points that integrate superior WIFI 6 technology. This particular technology showcases improved network efficacy, capacity, reach, and operative performance in high-density locations such as offices, shopping centers, and residential areas. For example, in October 2022, Wi-Fi 6 Access Point was introduced by Cisco Systems Inc., a US digital communication technology company, specifically for small to medium businesses. This innovative technology intends to bolster efficiency, lessen the battery strain on linked devices, and augment the performance and effectiveness for SMBs. It further provides an adjustable and dependable network infrastructure that supports both the 2.4 GHz and 5 GHz bands. With the provision to set up multiple access points that can be managed as a single entity, it does away with the necessity of separate controller software and ensures uninterrupted coverage across the workspace.
Who Are the Key Players In The Wireless Access Points Market?
Major companies operating in the wireless access points market are:
• Huawei Technologies Co. Ltd.
• Cisco Systems Inc.
• Motorola Solutions Inc.
• Juniper Networks Inc.
• Fortinet Federal Inc.
• Ubiquiti Inc.
• HPE Aruba Networking
• Alcatel-Lucent Enterprise International SAS
• Extreme Networks Inc.
• Adtran Holdings Inc.
• TP-Link Technologies Co. Ltd.
• Sierra Wireless Inc.
• D-Link Corporation
• SonicWall Inc.
• Cradlepoint Inc.
• Zyxel Communications Corp.
• Cambium Networks Corporation
• Ruckus Networks
• Grandstream Networks Inc.
• Airspan Networks Holdings Inc.
• Aerohive Networks Inc.
• WatchGuard Technologies Inc.
• LANCOM Systems GmbH
• EnGenius Technologies Inc.
• Mist Systems Inc.
• Open Mesh Inc
What Are The Regional Insights Into The Wireless Access Points Market?
Asia-Pacific was the largest region in the wireless access points market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless access points market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
