Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Synopsis
The global market for WiFi Access Point was estimated to be worth US$ 3549 million in 2024 and is forecast to a readjusted size of US$ 5550 million by 2031 with a CAGR of 6.3% during the forecast period 2025-2031.
WiFi Access Point is a networking device that allows easy access to the Internet over the air. Most access points look very similar to routers. An access point receives data by wired Ethernet, and converts to a 2.4Gig or 5Gig Hz wireless signal. It sends and receives wireless traffic to and from nearby wireless clients. An access point is different from a wireless router, in that it does not have firewall functions, and will not protect your local network against threats from the Internet.
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%.
The driving factors of the WiFi access point market mainly include the following aspects:
1. Technological innovation and upgrading
Evolution of WiFi technology standards:
From WiFi4 to WiFi5, to today's WiFi6 and the future WiFi7, each technological upgrade has brought about a significant increase in transmission rate, improved spectrum utilization, and enhanced multi-user concurrency. These technological innovations enable WiFi access points to meet the needs of higher-density network environments, thereby driving market growth.
In particular, WiFi6 technology, with its cutting-edge technologies such as OFDMA and MU-MIMO, has successfully responded to the challenges of high-density device connections and large data transmission, becoming a new trend in the market.
Improvement of chip technology:
The continuous advancement of WiFi chip technology has significantly improved access points in terms of performance, power consumption, and integration. This reduces the production cost of access points and improves their market competitiveness.
For example, some companies have launched highly integrated WiFi6 solutions that support multi-band and high-speed bandwidth, further promoting the popularity of the market.
2. Market demand growth
Accelerated digital transformation:
With the accelerated advancement of digital transformation, the demand for wireless networks in all walks of life is growing. Whether it is a large office space, airport, school and other crowded areas, or a scene that requires smooth video conferencing, online education, VR/AR applications and IoT deployment, it has put forward a higher demand for WiFi access points.
The surge in IoT devices:
The increasing abundance of IoT devices, such as smart homes and smart wearable devices, has further aggravated the network burden and promoted the growth of the WiFi access point market. These devices require stable and high-speed wireless network connections to achieve functions such as data transmission and remote control.
Consumers' pursuit of network speed:
As consumers' requirements for network speed and quality continue to increase, they are more inclined to choose high-performance WiFi access points to meet their daily Internet needs. This has driven the sales growth of high-end WiFi access point products in the market.
3. Policy support and promotion
Government policy:
Governments of various countries have introduced policies to support the development of wireless network technology, including providing financial subsidies, tax incentives and other policy measures to promote the popularization and upgrading of the WiFi access point market.
Telecommunications regulatory authorities:
Telecommunications regulatory authorities have strengthened the supervision and regulation of wireless network technology to ensure the healthy development of the market. At the same time, they have also actively promoted the research and development and application of new technologies, providing strong support for the WiFi access point market.
4. Collaborative development of the industrial chain
Cooperation between upstream and downstream enterprises:
The industrial chain of the WiFi access point market covers multiple links such as chip manufacturers, equipment manufacturers, and operators. The close cooperation between upstream and downstream enterprises has promoted technological innovation and product upgrades and improved the overall competitiveness of the industry.
Ecosystem construction:
Some companies actively build a WiFi ecosystem to meet the diverse needs of customers by providing comprehensive solutions and services. This helps to increase the company's market share and brand influence.
In summary, the driving factors of the WiFi access point market mainly include technological innovation and upgrading, market demand growth, policy support and promotion, and collaborative development of the industrial chain. These factors interact with each other and jointly promote the rapid development of the market.
This report aims to provide a comprehensive presentation of the global market for WiFi Access Point, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of WiFi Access Point by region & country, by Type, and by Application.
The WiFi Access Point market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding WiFi Access Point.
Market Segmentation
By Company
Segment by Type
Segment by Application
Segment by Region
*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.
Index
Available Upon Request
Published By : QY Research