Enjoy complimentary customisation on priority with our Enterprise License!
The wireless access point market size is estimated to grow by USD 7.53 billion at a CAGR of 5.9% between 2023 and 2028. The increase in the development of smart cities, which use technology to improve efficiency, sustainability, and quality of life, is driving demand for products and services that support smart city infrastructure. The rising Internet protocol traffic, driven by factors such as increasing Internet penetration and the growth of online services, is leading to higher demand for networking equipment and services. The growing adoption of mobile computing devices, such as smartphones and tablets, is driving demand for mobile applications and services, as well as for devices with advanced networking capabilities.
For More Highlights About this Report, Download Free Sample in a Minute
The report includes a comprehensive outlook on the Wireless Access Point Market, offering forecasts for the industry segmented by End-user, which comprises enterprises and consumers. Additionally, it categorizes Product into gateways or routers, dependent AP, and independent AP. Moreover, the Type segment includes indoor and outdoor and Geography regions, including North America, APAC, Europe, South America, and the Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
The market share growth by the enterprises segment will be significant during the forecast period. Large enterprises and IT professionals are opting for the cloud, resulting in increased use of cloud services such as Microsoft Office 365, Google apps, and SAP. This leads to elevated bandwidth demand and network requirements.
Get a glance at the market contribution of various segments Download the PDF Sample
The enterprises segment showed a gradual increase in the market share of USD 9.36 billion in 2018. The increasing use of tablets, laptops, and media-intensive applications in enterprises is accelerating the demand for enterprise WLAN. This, in turn, is increasing wireless traffic from clients and access points. As the number of IoT devices grows, the demand for increased bandwidth exceeding the capacity of 1 Gbps Ethernet uplink from an access point will rise exponentially and fuel the growth of the global wireless access point market during the forecast period.
The gateways or routers segment revenue will grow significantly due to the increased demand for value-added services such as location-based services (LBS), navigation, and digital mapping. The rising IP traffic drives the need for routers/gateways to handle the traffic engineering functions on the Internet. The demand for enterprise routers is receiving a boost in workforce mobility, which will thereby increase the adoption of web technologies and contribute to the growth of the global wireless access point market during the forecast period.
For more insights on the market share of various regions Download PDF Sample now!
North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The deployment of wireless access points is witnessing an increase in the number of enterprises in North America, especially in developed economies such as the US and Canada. In the US, which is a major market in the region, the IT sector is expected to grow due to an increase in the adoption of IoT technology in the US, which requires many wireless access points in the enterprise.
In addition, the growing popularity of smartphones is increasing the demand for bring-your-own-device (BYOD) solutions across the region. In addition, the raised demand for 5G network acceleration is enabling firms and telecom component providers in the region to develop advanced telecom infrastructure and related components, which will drive the growth of the regional wireless access point market during the forecast period
The market is expanding rapidly, driven by the increasing demand for wireless network connectivity in various environments. Connected devices in offices, homes, and public places require robust Wi-Fi technology for seamless connectivity. Technical expertise in deploying and managing wireless networks, including transceivers, routers, and range extenders, is crucial. Power over Ethernet (PoE+) is increasingly used to simplify installation. With the advent of 5G technology and the proliferation of IoT devices, the market is poised for significant growth. Industries such as healthcare and education are adopting wireless access points to enable digital initiatives, such as smart homes and connected classrooms while ensuring security against evolving security threats. The introduction of Wi-Fi 6 and Wi-Fi 6E further enhances wireless network performance and capacity, meeting the needs of modern consumers and businesses.
The increase in development of smart cities is the key factor driving market growth. Governments worldwide are investing in the establishment of smart cities or interconnected urban hubs. This requires the implementation of public Wi-Fi networks to deliver essential services like safety, education access, waste management, and healthcare. Residents can easily access these services using their cell phones and tablets via public Wi-Fi networks, driving a surge in demand for wireless access points in smart city setups.
Moreover, the development of smart cities aims to enhance economic growth and living standards through technologies like Wi-Fi connectivity. These cities integrate databases and network systems with cameras, sensors, and control systems to efficiently allocate services, manage traffic and inventory, and facilitate information transfer. Consequently, the evolution of smart cities is anticipated to propel significant growth in the market throughout the forecast period.
An increase in 5G investments is the primary trend shaping market growth. 5G is the next generation of communication technology, following 4G, and on commercialization, 5G will support data download speeds of 10,000 Mbps. There have been numerous investments in 5G across the globe.
In addition, worldwide 5G network infrastructure revenue grew 39% to a total of USD 19.1 billion in 2021, up from USD 13.7 billion in 2020. The rising investments in 5G are creating demand for 5G network infrastructure. This is expected to drive the growth of the global wireless access point market during the forecast period.
Latency issues regarding infrastructure for internet connectivity is a challenge that affects market growth. Although many countries, such as the US, the UK, and Japan, have advanced internet infrastructure, other countries lack the basic infrastructure for internet connectivity. In suburban areas and highways, where the quality of the network is usually poor, mobile network operators need to build solutions to offer connectivity to IoT devices in these areas. This challenge has the highest impact on the consumer segment, as individual consumers cannot have access to high-speed Internet everywhere.
Moreover, low internet speeds and latency (time taken by the data packet to travel between devices in a network) are affecting the adoption of routers and APs among consumers. Besides, in countries with lower internet speeds, such as Yemen, Cuba, and Sudan, the adoption of wireless APs is slow, which creates latency issues and is expected to impede the growth of the global wireless access point market during the forecast period.
The Wireless Access Point Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Wireless Access Point Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
Wi-Fi Hotspot Market: Wi-Fi Hotspot Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, Canada, China, Japan, Germany - Size and Forecast
Home Wi-Fi Router Market: Home Wi-Fi Router Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, India, Germany, Japan - Size and Forecast
Industrial Wireless Market: Industrial Wireless Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, Russia, Germany - Size and Forecast
The market is evolving rapidly due to technological development and digital transformation. With the rise of cloud computing and IoT applications, the demand for high-speed connectivity and wireless infrastructure is increasing. Wi-Fi market players like Aerohive Networks are offering cloud-managed WAPs for seamless roaming and multiple user access. Factors such as smart city initiatives and remote work are driving growth. However, challenges like Hackers and data encryption persist. Market players are focusing on R&D activities and security protocols to stay ahead in the competitive network management landscape.
Moreover, in the Interactive Wireless Access Point Market, companies are striving to improve their position in the market by leveraging positive changes and expanding their product offerings. They conduct primary research and analyze quantitative data to understand market dynamics. Factors like regulations and social factors influence their research and development growth strategies. They also rely on subject matter expert advice and statistical databases for insights. Tech giants play a significant role in driving wireless connectivity innovations, including WLAN Controllers and WPA3 security protocols. They communicate their advancements through press releases and webcasts to the public and SMEs.
Additionally, the Interactive Wireless Access Point Market is influenced by various factors such as economic factors, political factors, and competitive environment. Companies in this market use digital solutions and IoT applications to enhance their offerings. They analyze sales data and conduct future analysis to stay ahead in the market. Educational institutions and manufacturing sectors are key users of wireless access points. The market sees inorganic growth through acquisitions and partnerships. High-density Wi-Fi and IoT connectivity are driving forces in this industry, impacting public areas and residences alike.
Market Scope |
|
Report Coverage |
Details |
Page number |
178 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.9% |
Market Growth 2024-2028 |
USD 7.53 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
5.53 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 32% |
Key countries |
US, Canada, China, Japan, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Avaya LLC, Cambium Networks Corp., Cisco Systems Inc., CommScope Holding Co. Inc., D Link Corp., EnGenius Technologies Inc., Extreme Networks Inc., Fortinet Inc., Hewlett Packard Enterprise Co., HFCL Ltd., Huawei Technologies Co. Ltd., Juniper Networks Inc., Kontron AG, Netgear Inc., Qualcomm Inc., SIA Mikrotikls, Sophos Ltd., Telefonaktiebolaget LM Ericsson, TP Link Corp. Ltd., and Zyxel Communications Corp. |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Market Segmentation by Type
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Trends
12 Vendor Landscape
13 Vendor Analysis
14 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.