Overview and Scope
Wireless access points (WAPs) refer to networking devices that allow wireless devices to connect to a wired network or a wireless network. They serve as the interconnection point between a wireless local area network (WLAN) and a fixed-wire network, enabling wireless devices to access the wired network and vice versa. WAPs are commonly used in homes, public Internet hotspots, and business networks to accommodate both wired and wireless networking equipment.
Sizing and Forecast
The wireless access points market size has grown strongly in recent years. It will grow from $4.77 billion in 2023 to $5.23 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to raised demand for 5g network acceleration, the growing adoption of internet of things (iot) devices, growing adoption of wireless aps, rise of smart homes and connected devices.
The wireless access points market size is expected to see strong growth in the next few years. It will grow to $7.57 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rising advancement of smart cities, the rising demand for seamless, fast wireless connectivity, increasing demand for high-speed data access. Major trends in the forecast period include biotechnology revolution, technological advancements, partnerships, and investments.
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Segmentation & Regional Insights
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
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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Major Driver Impacting Market Growth
The growing need for wireless internet access in residences and commercial buildings is expected to propel the growth of the wireless access point market going forward. Wireless internet access in residences and commercial buildings refers to wireless local area networks (WLANs), which are wireless networks that use technology such as Wi-Fi to connect devices within a limited area, such as homes, offices, or campuses. The growing need for wireless internet access in residences and commercial buildings is driven by the increasing adoption of smart devices, IoT and smart cities initiatives, increased bandwidth requirements, growing demand for BYOD and remote work, and advancements in 5G and Wi-Fi 6. Wireless access points support seamless roaming, allowing users to move around within the coverage area without experiencing interruptions or dropped connections. For instance, in February 2024, according to a report published by the Canadian Radio-television and Telecommunications Commission, a Canada-based government organization, in 2022, the number of residential wireless internet access subscribers was 93.9%, which is an increase of 0.4% compared to the previous year. Therefore, the growing need for wireless internet access in residences and commercial buildings is driving the growth of the wireless access point market.
Key Industry Players
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
The wireless access points market report table of contents includes:
1. Executive Summary
2. Wireless Access Points Market Characteristics
3. Wireless Access Points Market Trends And Strategies
4. Wireless Access Points Market – Macro Economic Scenario
5. Global Wireless Access Points Market Size and Growth
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32. Global Wireless Access Points Market Competitive Benchmarking
33. Global Wireless Access Points Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Wireless Access Points Market
35. Wireless Access Points Market Future Outlook and Potential Analysis
36. Appendix
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