The market for wireless access points, which had a 2022 market value of US$ 4559 million, is projected to reach US$ 8226 million in 2032 and increase at a CAGR of 6.1% over the forecast period. Sales of wireless access points are anticipated to rise in the future due to an increase in the number of connected devices in homes, workplaces, and public spaces, among other factors.
A wireless access point (WAP) is a device that allows wireless devices to connect to a wired network using Wi-Fi, Bluetooth, or related standards. WAPs connect to a wired network and transmit a wireless signal, allowing wireless devices such as smartphones, laptops, and tablets to connect to the Internet or other network resources. They can be used in homes, offices, and public spaces to provide wireless access to a network. Some WAPs also include additional features such as security, network management, and Quality of Service (QoS) controls.
Another reason for the increase in demand for wireless access points is that they are simple to put in networks everywhere and don’t require a lot of technical know-how. Additionally, the wireless access point has a remarkable capacity to function as a transmitter.
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Who are Some of the Key Market Players in the Wireless Access Point Market?
Some of the key players in the wireless access point market are:
- Sophos Ltd.,
- Huawei Technologies,
- Cisco System Inc.,
- Avaya Inc.,
- Aerohive networks,
- Netgear Inc.,
- Zyxel Communications Corp.,
- Oberon Inc., and
- Kontron AG.
By modernising their communications, the key players are implementing open, collaborative, and secure communications environment across various departments in certain cities, thereby ensuring those cities quickly adjust to keep pace with rapid changes, and ensuring that the costs are cut and the productivity increases.
- In February 2022, Oberon released Version 2.0 of Web-Based authoring and review tools making collaboration easier with SMEs.
- In January 2022, Zyxel communications announced that it would be joining Open Networking Foundation aligning with projects focused on broadband transformation.
What are the Current Market Dynamics pertaining to Wireless Access Point Market?
Wireless access points allow people, especially employees within an organisation to remain connected to the internet, and provide them the flexibility to access the internet from anywhere within the office premises, irrespective of the size of the office. This is something which is expected to increase the demand for wireless access point.
Moreover, the wireless access points have the ability to handle many devices at a single time, as compared to range extenders, which can’t handle more than 20 devices at a times. Thus, if the access points are installed in the premises of the building, it allows seamless transition from one access point to another for accessing the internet. This is expected to increase the sales of wireless access point.
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Key Segments Profiled in the Wireless Access Point Market Survey
By Deployment:
- On-Premises
- Cloud Based
By Services:
- Managed Services
- Professional Services
By End User:
- BFSI
- Healthcare
- Manufacturing
- Telecom
- Retail
- Others
By Data Standard:
- 802.11n
- 802.11ac
- 802.11a/b/g
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
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About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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