Press release
Global Wireless Access Points Market Expected to Achieve 8.3% CAGR by 2029: Growth Forecast Insights
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Wireless Access Points Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for wireless access points has seen substantial growth lately. It is predicted to increase from $5.23 billion in 2024 to $5.69 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.8%. The exceptional growth during the historical period can be credited to factors such as increasing demand for acceleration of 5g networks, widespread use of internet of things (iot) devices, growing uptake of wireless aps, and the emergence of smart homes and connected devices.
Wireless Access Points Market Size Forecast: What's the Projected Valuation by 2029?
The market size for wireless access points is predicted to witness significant expansion in the upcoming years, reaching a total of $7.81 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.3%. This surge over the forecast period can be credited to the progressive development of smart cities, increased need for rapid, uninterrupted wireless connection, and the escalating demand for high-speed data access. The forecast period will see leading trends like monumental shifts in biotechnology, technological progression, collaborations, and financial investments.
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What Are the Drivers Transforming the Wireless Access Points Market?
The escalating demand for wireless internet connectivity in residential and commercial establishments is likely to fuel the expansion of the wireless access point market. Such connectivity in these areas refers to wireless local area networks (WLANs), which leverage technologies like Wi-Fi to link devices within a confined space like homes, workplaces, or campuses. This surge in demand for wireless internet connectivity in residential and commercial settings is stimulated by the rising use of smart devices, initiatives for IoT and smart cities, heightened bandwidth needs, growing BYOD and remote work trends, and advancements in 5G and Wi-Fi 6 technology. Wireless access points facilitate uninterrupted roaming, enabling users to move freely in the coverage area without disturbances or loss of connection. For example, a report released by the Canadian Radio-television and Telecommunications Commission, a governmental organization from Canada, stated that as of February 2024, in 2022, the subscribers for residential wireless internet access were 93.9%, marking a growth of 0.4% compared to the earlier year. Hence, the escalating demand for wireless internet connectivity in residential and commercial establishments propels the expansion of the wireless access point market.
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What Long-Term Trends Will Define the Future of the Wireless Access Points Market?
Leading businesses in the wireless access point market are concentrating on the creation of superior access points employing the powerful WIFI 6 technology to edge ahead of their competition. This advanced WIFI 6 technology boosts network efficiency, capacity, reach and performance in dense environments like corporate offices, shopping centres, and residential zones. For example, Cisco Systems Inc., a prominent American digital communications technology company, unveiled a Wi-Fi 6 Access Point in October 2022, specifically designed for small to mid-sized businesses. The main objective of this innovation is to enhance efficiency by minimizing the battery strain on connected devices, bolstering effectiveness and performance for SMBs. It also provides a versatile and dependable network framework, catering to both the 2.4 GHz and 5 GHz bands, and permits the setup of multiple access points managed as a single unit. This guarantees uninterrupted coverage across the workspace eliminating the need for independent controller software.
Which Segments in the Wireless Access Points Market Offer the Most Profit Potential?
The wireless access pointsmarket 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, Healare, 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 Firms Dominate the Wireless Access Points Market by Market Share and Revenue in 2025?
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 Regions Offer the Highest Growth Potential in the Wireless Access Points Market?
Asia-Pacific was the largest region in the wireless access points market in 2024. 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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