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Driving Forces Behind The Wireless Access Point Market Growth In Residences And Commercial Buildings Driving Market Acceleration in the Wireless Access Points Industry, 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Wireless Access Points Market Size By 2025?
The market size for wireless access points has experienced substantial growth in the past years. The market is projected to increase from $5.23 billion in 2024 to $5.75 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.0%. The growth observed in the historical period is largely due to the heightened demand for 5G network acceleration, the escalating adoption of internet of things (IoT) devices, increased utilization of wireless APS, and the emergence of smart homes and connected devices.
How Big Is the Wireless Access Points Market Size Expected to Grow by 2029?
Expectations are high for substantial growth in the wireless access points market in the coming years, with eventual projections at $8.29 billion by 2029. The compound annual growth rate (CAGR) for this period is predicted to be 9.6%. This expected growth during the forecast period is spurred by several factors, including the progression of smart cities, the increasing requirement for seamless, rapid wireless connections, and a heightened demand for speedy access to data. Key trends to watch during the forecast period include developments in biotechnology, technological advancements, strategic partnerships, and investments.
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Which Key Market Drivers Powering Wireless Access Points Market Expansion and Growth?
The demand for wireless internet connectivity in homes and commercial establishments is anticipated to fuel the wireless access point market's augmentation. Such connectivity in these spaces implies the use of wireless local area networks (WLANs), wireless networks leveraging technology like Wi-Fi to link devices within a restricted area like houses, workplaces, or campuses. The surging need for wireless internet in these locations stems from the escalating adoption of intelligent devices, IoT, smart cities initiatives, amplifying bandwidth demands, the rising call for BYOD and remote work, plus advancements in 5G and Wi-Fi 6. Wireless access points facilitate smooth roaming, enabling users to navigate within the service area without dreaded interruptions or disconnected links. As an illustration, a report from the Canadian Radio-television and Telecommunications Commission, a government entity in Canada, stated that in 2022, the tally of residential wireless internet access subscribers was at 93.9%, marking a 0.4% rise against the prior year as of February 2024. Thus, the mounting need for wireless internet connectivity in homes and commercial establishments is empowering the expansion of the wireless access point market.
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Which Fast-Growing Trends Are Poised to Disrupt the Wireless Access Points Market?
Key players in the wireless access point market, like Cisco Systems Inc., are strategically focusing on the development of advanced access points using high-performance WIFI 6 technology as a means to stay competitive. This state of the art technology greatly improves network efficiency, capacity, coverage, and performance in densely populated environments, including office spaces, shopping centres, and residential areas. In an illustrative example, Cisco Systems, a leading US-based digital communications technology company, introduced a Wi-Fi 6 Access Point engineered specifically for small and medium-sized businesses in October 2022. This technological advancement is designed to boost efficiency by lessening the power consumption of connected devices. It also improves overall effectiveness and performance for small to medium-sized businesses by providing a sturdy and reliable network infrastructure that is capable of supporting both 2.4 GHz and 5 GHz bands. This wifi solution allows the coordinated management of multiple access points as a single unit, ensuring uninterrupted coverage throughout a workplace, eliminating the need for separate controller software.
What Are the Emerging 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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Who Are the Global Leaders 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
Which are the Top Profitable Regional Markets for the Wireless Access Points Industry?
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.
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