The wireless access point market, which was valued at US$ 4559 million in 2022, is expected to be valued at US$ 8226 million by 2032, growing at a CAGR of 6.1% over the forecast period.
Wireless Access Points are networking devices that connect enterprise wireless devices to wired networks. Wireless Access Points are simple to install in networks for small and medium-sized businesses, large enterprises, campuses, and branch offices. Wireless Access Points have advanced features such as multi-site management and cloud scalability that make connectivity easier.
The surge in wireless access point sales can also be predicted because the CAGR for this market is already 5.6%. In any case, with expected growth in wireless point utilisation, the CAGR for the figure time frame is expected to be 6.1%.
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Wireless Access Point Market: Drivers and Restraints
The adoption of cloud-based solutions for wireless communication is significantly increasing in small and large enterprises, which is turning to be the major driving factor of Wireless Access Point market. Moreover, rising implementation of voice over internet protocol (VoIP) for wireless communication across several verticals is also turning to be an important factor driving the growth of Wireless Access Point market in positive manner.
Global Wireless Access Point Market: Competitive Landscape
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.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- 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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Global Wireless Access Point Market: Market Segmentation
Global Wireless Access Point Market can be divided into four segments, on the basis of deployment, services, end-user, and region.
The major segments of Wireless Access Point market on the basis of the deployment include:
- On-premises
- Cloud-based
Segmentation on the basis of the services for Wireless Access Point Market as:-
- Managed Services
- Professional Services
Segmentation on the basis of the end-user for Wireless Access Point Market as:-
- BFSI
- Healthcare
- Manufacturing
- Retail
- Telecom
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
