The wireless access point market, 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 modernizing their communications, the key players are implementing open, collaborative, and secure communications environments 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 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.
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What are the Current Market Dynamics of the Wireless Access Point Market?
Wireless access points allow people, especially employees within an organization 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 that is expected to increase the demand for wireless access points.
Moreover, the wireless access points can handle many devices at a single time, as compared to range extenders, which can’t handle more than 20 devices at a time. Thus, if the access points are installed in the premises of the building, it allows a seamless transition from one access point to another for accessing the internet. This is expected to increase the sales of wireless access points.
Wireless Access Point Market Segmentation:
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
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