Press release
WiFi Access Point Market to Reach USD 5.58 Billion by 2029 | Growing at 9.3% CAGR Driven by Smart Connectivity and IoT Expansion
WiFi Access Point Market SizeThe global WiFi Access Point revenue was US$ 2975 million in 2022 and is forecast to a readjusted size of US$ 5584.2 million by 2029 with a CAGR of 9.3% during the review period (2023-2029).
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The major players in global WiFi Access Point market include Cisco Systems, Hewlett Packard, TP-LINK, Sophos Ltd., Huawei, etc. The top 5 players occupy about 45% shares of the global market. North America and China are main markets, they occupy about 50% of the global market. Indoor is the main type, with a share about 80%. Office is the main application, which holds a share about 35%.
This report focuses on global and India WiFi Access Point market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
By Type
• Indoor
• Outdoor
By Application
• Residential
• Office
• Commercial Chains
• Medical and Education
• Manufacturing
Key Companies
Cisco Systems, Inc., Hewlett Packard, TP-LINK, Sophos Ltd., Huawei, Extreme Networks, Inc., Ruckus Wireless, Inc., Ubiquiti Networks, Inc., Avaya Inc, Netgear Inc, Xirrus, Inc., Zebra, D-Link, Linksys, Aerohive, Fortinet, Inc.
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