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Gigabit Wi-Fi Access Point Market Analysis By 2027 | Aerohive Networks Inc., Aruba Networks Inc., Cisco Systems Inc., D-Link Corporation, and Arris International Plc.

10-30-2018 02:18 PM CET | IT, New Media & Software

Press release from: Future Market Insights

Gigabit Wi-Fi Access Point Market Analysis By 2027 | Aerohive

Future Market Insights (FMI) has published a new report on the gigabit Wi-Fi access point market. The report has been titled “Gigabit Wi-Fi Access Point Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” Vendors across the globe are eyeing India as it is one of the potential regions to capitalise on and is expected to provide lucrative prospects in the coming years. Seeking huge GWAP growth opportunities in India, leading players such as SAMSUNG need to focus on the India market to offer innovative GWAP solutions for strengthening their presence in emerging countries. India has a huge potential, which is attracting vendors associated with the GWAP market to export their products to India.

To know key findings Request Sample Report @: https://www.futuremarketinsights.com/reports/sample/rep-gb-1351

The Government of India is laying out expenditure on gigabit Wi-Fi access point (FTTH) to provide better and high speed internet, which is expected to be a good opportunity for vendors associated with the GWAP market to extract business, especially from emerging economies like India. Rapid technological progression, coupled with the implementation of better internet infrastructure is projected to drive the GWAP market in India in the coming years. The commercial/industrial end use sector is currently dominating the GWAP market, and GWAP vendors need to focus on this sector to expand their market share in India. Some of the companies contending with full strength in the market are Aerohive Networks Inc., Aruba Networks Inc., Cisco Systems Inc., D-Link Corporation, and Arris International Plc., among several others.

According to the report, the global gigabit Wi-Fi access point market is expected to rise at a stellar CAGR of 29.1% from 2017 to 2027. In 2017, the market was worth US$ 393.3 Mn and is expected to rise to a valuation of US$ 3,717.4 Mn by the end of 2027.

Request for Report Methodology @: https://www.futuremarketinsights.com/askus/rep-gb-1351

Growing Acceptance of Advanced Products to Increase Market Demand

With huge advancements in technology, North America focuses on adopting new technology such as gigabit Wi-Fi access point devices to enhance overall internet infrastructure to provide better internet speed in the region. In August 2016, Aruba Networks Inc. expanded its wireless competences with Penske Truck Leasing in North America. Penske selected Aruba Networks to install 5,000 outdoor and indoor access points for better connectivity. Henceforth, with continuous technology progression various companies are implementing gigabit Wi-Fi access point devices to deploy internet with fast speed.

Cutting-edge electronic devices such as smartphones and tablets are gradually gaining traction among consumers, comprising the young population. Compact devices such as smartphones offer great features to consumers, comprising mobility, fast operating time, and long battery life. Hence, the increasing market penetration of smartphones and tablets will result in higher deployment of gigabit Wi-Fi access point in North America.

Adoption of smart homes and applications in the past five years in Western Europe has increased significantly, owing to increasing advancement in home automation in the region. A growing adoption of smart homes is expected to drive demand for high bandwidth internet to operate all the smart gadgets. Owing to the aforementioned factors consumers are adopting better and advanced internet infrastructure with cutting-edge security offerings.

Get access to full summary @: https://www.futuremarketinsights.com/reports/gigabit-wi-fi-access-point-market

Hardware Replacement Cost to act as a Roadblock in Market Revenue Growth

Old devices such as 802.11n wireless access point devices may or may not be able to support the new hardware standards of 802.11 AC. Henceforth, installing the 802.11 AC standard needs the whole infrastructural change to obtain the maximum benefits from new standard 802.11 AC. Installation of new hardware compatible with 802.11 AC is projected to incur high costs, which is expected to act as a restraint in the initial adoption of gigabit Wi-Fi access points.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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