Press release
In-Depth Analysis of the Wireless Access Points Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
"What Are the Projected Growth and Market Size Trends for the Wireless Access Points Market?In recent times, the market size for wireless access points has witnessed substantial growth. This market, which was valued at $5.23 billion in 2024, is expected to reach $5.75 billion in 2025, showcasing a Compound Annual Growth Rate (CAGR) of 10.0%. The historic period growth can be tied to factors such as increased demand for 5g network acceleration, proliferating adoption of Internet of Things (IoT) devices, rising utilization of wireless APS, and the emergence of smart homes and connected devices.
The market size of wireless access points is predicted to experience notable expansion in the forthcoming years. It is anticipated to surge to $8.29 billion by 2029, with a compound annual growth rate (CAGR) of 9.6%. The projected growth during this forecast period can be associated with the progressive development of smart cities, an escalating demand for rapid, uninterrupted wireless connectivity, and a growing requirement for high-speed data access. Major trends to be mindful of during the forecast period encompass the revolution in biotechnology, advancements in technology, collaborative partnerships, and investments.
What Is Driving the Growth Trajectory of the Wireless Access Points Market?
The escalation in demand for wireless internet connectivity in homes and commercial structures is predicted to stimulate the expansion of the wireless access point market in the future. The requirement for wireless internet in these areas is attributable to wireless local area networks (WLANs) which utilize technologies like Wi-Fi to link devices within a confined space such as homes, workplaces, or university campuses. The escalating need for wireless internet connectivity in homes and commercial buildings is being fueled by several factors like the rise in smart device usage, IoT and smart city initiatives, heightened bandwidth needs, burgeoning demand for BYOD and telecommuting, as well as advancements in 5G and Wi-Fi 6 technologies. Wireless access points facilitate continuous roaming, enabling users to move within the coverage area without worrying about interrupted or lost connections. As an example, a report by the Canadian Radio-television and Telecommunications Commission revealed that in 2022, residential wireless internet access subscribers amounted to 93.9%, a growth of 0.4% from the preceding year. Consequently, the escalating need for wireless internet access in homes and commercial buildings is propelling the expansion of the wireless access point market.
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Which Leading Companies Are Shaping the Growth of 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 Major Trends Shaping the Wireless Access Points Market?
Established corporations in the wireless access point market are focusing their efforts on creating cutting-edge access points employing top-tier WIFI 6 technology in an attempt to become more competitive. This premium grade WIFI 6 technology bolsters network effectiveness, storage, coverage, and operation in dense locations such as office buildings, shopping centres, and residential districts. For example, in October 2022, the American digital communications tech firm, Cisco Systems Inc., debuted a Wi-Fi 6 Access Point catered to small and medium enterprises. This innovative technology aims to boost efficiency by easing the battery load on connected devices and augmenting productivity and performance for SMEs. It also provides a flexible and trustworthy network infrastructure that accommodates both the 2.4 GHz and 5 GHz bands. Moreover, it enables the installation of numerous access points managed as a single unit, assuring consistent coverage throughout the workplace without the requirement for separate controller software.
What Are the Key Segments of 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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Which Region Dominates 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.
What Is Covered In The Wireless Access Points Global Market Report?
- Market Size Analysis: Analyze the Wireless Access Points Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Wireless Access Points Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Wireless Access Points Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Wireless Access Points Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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