Wireless Access Point Trends and Forecast
The future of the global wireless access point market looks promising with opportunities in the BFSI, healthcare, manufacturing, commercial, enterprise, and telecom markets. The global wireless access point market is expected to reach an estimated $5 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are increasing demand for high-speed data access, the rising advancement of smart cities, and the growing need for wireless internet access in residences and commercial buildings.
• Lucintel forecasts that, within the service category, managed service is expected to witness higher growth over the forecast period because the supplier helps with the wireless access pointsÄX%$%X initial configuration, deployment, and setup, as well as, guarantees that the access points are correctly set up, linked, and included into the network architecture.
• In terms of regions, APAC will remain the largest region over the forecast period due to quickening economic growth, rising digitization, wider internet penetration, and rising cellular technology adoption.
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Emerging Trends in the Wireless Access Point Market
The Wireless Access Point marketplace is a host of new trends carved by continuous technological advancements, changing user requirements, and an ever-growing digital ecosystem. These trends set a mark for the future in wireless connectivity and affect both consumer and enterprise markets.
• Wi-Fi 6 and Wi-Fi 6E Adoption: The leading trends in Wi-Fi markets today include Wi-Fi 6 and Wi-Fi 6E, which are designed to work faster and more efficiently with higher capacity. Wi-Fi 6 adds OFDMA and Multi-User MIMO, and it also supports the 6 GHz band, thus extending coverage.
• Integration with WAPs and 5G networks becomes increasingly interesting. This means that the current trend includes combining high speeds and low latency associated with 5G, along with the great coverage provided by Wi-Fi, to offer a superior experience in connectivity. Life has become easier with the rising demand for seamless and high-speed internet access.
• Improved Security Features: There has been greater emphasis on introducing advanced security features in WAPs as cyber threats become more prevalent. This includes improvements in encryption methods, secure authentication protocols, and strong network management tools to prevent unauthorized access and data breaches.
• Growth of Smart and IoT Devices: The growing adoption of IoT and smart devices generates a requirement for WAPs with robust performance. Therefore, to provide maximum functionality, devices require dependable, high-speed connections. This leads WAPs to be capable of handling traffic growth while maintaining unwavering connections for numerous connected devices.
• Deployment in High-Density Environments: With this in mind, there is an increasing trend towards deploying WAPs in very high-density environments such as stadiums, airports, and large offices. These environments require advanced WAP solutions capable of handling a large number of concurrent connections while maintaining consistent performance under extreme load conditions.
Some of the emerging trends that are bound to influence changes in the Wireless Access Point market include the adoption of Wi-Fi 6 and Wi-Fi 6E, integration with 5G, enhanced security features, the rising number of smart devices, and deployment in high-density environments. These trends drive recent progress regarding connectivity, performance, and evolving user and enterprise demands.
Recent Developments in the Wireless Access Point Market
The latest developments in the WAP market reflect significant technological advancements in response to the greater demand for high-speed, reliable wireless connectivity. Further developments in technology and relevance across various applications are reflected in continuous improvements.
• Advancements in Wi-Fi 6 Technology: One of the key features has been the rollout of Wi-Fi 6 technology, enabling connectivity at even higher speeds, with greater capacity and improved efficiency. The new Wi-Fi 6 features, such as OFDMA and TWT, enhance performance while lowering latency amid the ever-growing number of connected devices.
• Wi-Fi 6E Emerges: Wi-Fi 6E is gaining significant momentum; it operates within the 6 GHz band. This additional bandwidth eases congestion and drives up the overall productivity of the network. Wi-Fi 6E deployment is particularly beneficial in high-density device environments and for demanding applications.
• More Secure than Ever: Security concerns are one of the main factors leading to increased cybersecurity features in WAPs. Innovations include enhanced encryption standards, secure authentication, and advanced network management tools. These innovations are critical in protecting data and ensuring safe connectivity for enterprises and consumers.
• Growth in Smart and Connected Devices: The demand for improved WAP solutions accelerates with the growing deployment of smart and connected devices. WAPs will be enhanced to manage the increased traffic and connectivity requirements of IoT devices, providing reliable and high-speed access to a wide range of applications and services.
• Public and High-Density Area Deployment: Public spaces and high-density areas are leading regions for WAP deployments, including stadiums, airports, and large buildings with high volumes of commercial transactions. In these areas, there is a need for WAPs with the capabilities to handle large volumes of traffic and perform consistently even in challenging environments.
Recent developments in the market include the advancement of Wi-Fi 6 and Wi-Fi 6E, along with heightened emphasis on security and the need for better connectivity in high-density areas such as public places. This will spur innovation and shape the future of wireless technology, improving performance, increasing applications, and meeting the current needs of users.
Strategic Growth Opportunities for Wireless Access Point Market
Several potential strategic growth opportunities premised on technological development exist in the Wireless Access Point market, given the overall rising tide of demand for connectivity and the new nature of applications. Market expansion and innovation will be key opportunities.
• Wi-Fi 6/Wi-Fi 6E Network Expansion: A major positive factor that can unleash good growth is the adoption of Wi-Fi 6 and Wi-Fi 6E. In a race for increased speeds and performance, businesses and consumers are investing in these advanced technologies to capture advantages. This includes upgrading existing infrastructure and deploying new WAP solutions capable of supporting the latest standards.
• Integration with 5G Networks: Integrating WAPs with 5G networks will create excellent opportunities for enhancing connectivity and next-generation applications. This will improve performance and reliability, thus providing a seamless user experience in response to the increased demand for high-speed Internet.
• Development of High-Density WAP Solutions: High-density conditions, such as those in stadiums, airports, and large offices, increasingly demand advanced WAPs. Therefore, the development and installation of advanced WAPs capable of serving a large number of concurrent connections present significant growth opportunities in these industries.
• Expansion into Emerging Economies: Growth markets, particularly in regions like Asia-Pacific and Africa, are rapidly developing due to increased needs for connectivity and infrastructure development. Market expansion within these areas with specialized WAP solutions should help tap new customer segments and further the growth of the market.
• Improved Security Features: With the increasing list of cybersecurity threats, there is a rising demand for WAPs with advanced security features. Developing solutions boasting robust encryption, secure authentication, and comprehensive network management tools can address these challenges, attracting customers in search of secure wireless connectivity.
Strategic growth opportunities in the Wireless Access Point market include the expansion of Wi-Fi 6 and Wi-Fi 6E deployments, integration with 5G networks, development of high-density solutions, entry into emerging markets, and an emphasis on better security features. These opportunities will drive market growth, innovation, and better connectivity solutions.
Wireless Access Point Market Driver and Challenges
Various factors and challenges drive the Wireless Access Point market, which emanate from technological advancements, economic conditions, and regulatory frameworks. Therefore, understanding these elements is essential for territorial mapping of the market and building appropriate strategies.
The factors responsible for driving the wireless access point market include:
• Technological Advancements: The need for high-speed connectivity in the Wireless Access Point market is increasing with the advancement of technologies such as Wi-Fi 6 and Wi-Fi 6E, making it faster, more efficient, and able to accommodate the growing number of connected wireless devices.
• Quality Improvement: One of the major reasons for adopting advanced WAP solutions is the demand for high-speed internet. While consumers and businesses are in urgent need of reliable wireless connectivity for various applications, manufacturers of WAPs are striving to meet customer requirements with suitable solutions.
• Growth of Smart Devices and IoT: The high proliferation of smart devices and IoT applications is a significant driver for the Wireless Access Point market. Whether supporting a large number of connected devices or handling massive volumes of network traffic, both factors drive the development and deployment of advanced WAP technologies.
• 5G Technology Integration: The integration of WAPs with 5G networks will expand the market, introducing new dimensions of public and high-density deployments that support next-generation applications, thereby enhancing overall connectivity. Improved network performance opens new opportunities to deliver high-speed, low-latency connectivity.
• Public and High-Density Deployments: The increasing deployments in public and high-density environments, such as stadiums, airports, and large commercial buildings, drive demand for more advanced solutions. Such environments require WAPs to handle high volumes of traffic while ensuring consistent performance.
Challenges in the wireless access point market include:
• High Implementation Costs: Deploying this technology, especially upgrading to advanced WAP technologies such as Wi-Fi 6 and Wi-Fi 6E, incurs high costs. There is a significant risk that these costs may be unaffordable for businesses or consumers, potentially restraining market growth.
• Cybersecurity Risks: One of the major challenges facing the Wireless Access Point market is cybersecurity concerns. Due to the popularity of the devices and the vulnerability of transmitted data, attacks on WAPs are likely to increase. It is crucial to have strong security features and protection against threats to gain and retain user trust in the overall integrity of the network.
• Complex Regulatory Compliance: Compliance with regulations regarding wireless communication standards and data protection is complex and may vary by location. Navigating such regulations can be cumbersome and costly for manufacturers, making it challenging to ensure that their WAP solutions meet legal requirements.
The Wireless Access Point market is driven by technological advancements, increased demand for high-speed connectivity, and growth in smart devices, while high implementation costs, cybersecurity risks, and complex regulatory compliance remain as challenges. Addressing these challenges is essential for successfully navigating the market and achieving favorable outcomes in an evolving wireless landscape.
List of Wireless Access Point Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies wireless access point companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless access point companies profiled in this report include-
• Aerohive Networks
• Cisco Systems
• Hewlett Packard Enterprise
• Ruckus Wireless
• Ubiquiti Networks
• Alcatel-Lucent
• Belkin
• Huawei Technologies
• D-Link
• Samsung
Wireless Access Point by Segment
The study includes a forecast for the global wireless access point by services, deployment, end use industry, standard, and region.
Wireless Access Point Market by Services [Analysis by Value from 2018 to 2030]:
• Managed Services
• Professional Services
Wireless Access Point Market by Deployment [Analysis by Value from 2018 to 2030]:
• On-Premises
• Cloud Based
Wireless Access Point Market by End Use Industry [Analysis by Value from 2018 to 2030]:
• BFSI
• Healthcare
• Manufacturing
• Commercial
• Telecom
• Others
Wireless Access Point Market by Standard [Analysis by Value from 2018 to 2030]:
• 802.11n
• 802.11ac
• 802.11a/b/g
Wireless Access Point Market by Region [Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Wireless Access Point Market
The WAP market has seen rapid development, supported by continuous technological advancements, increased demand for high-speed Internet, and the proliferation of smart devices. Major developments have been influenced by improvements in wireless standards, shifts to higher throughput speeds, and extended applications across industries. This dynamic landscape reflects key developments in the US, China, Germany, Indian, and Japan regarding various strategies for enhancing wireless connectivity and infrastructure.
• U.S.A: The United States has seen recent advancements in technology and deployments concerning Wi-Fi 6 and Wi-Fi 6E, supported by strong infrastructure initiatives from both private and government sectors. In 2023, the Federal Communications Commission (FCC) announced plans to expand the 6 GHz spectrum, further supporting the deployment of advanced wireless technologies. The country is investing heavily in the development of public Wi-Fi networks and the Internet of Things, pushing manufacturers to deliver higher-capacity WAP solutions.
• China: China is ramping up its efforts to develop smart cities with enhanced connectivity solutions. Several Chinese manufacturers have launched advanced WAP solutions focusing on high-density environments, facilitating seamless connectivity across urban infrastructure. The Chinese government is also investing in expanding Wi-Fi coverage in rural and remote areas, focusing on bridging the digital divide.
• Germany: Germany has made substantial investments in upgrading its broadband infrastructure, including expanding WAP networks across its urban centers. The push toward Industry 4.0 encourages businesses to adopt advanced wireless technologies. The country aims to roll out nationwide Wi-Fi networks by 2025, enhancing connectivity across various public spaces.
• India: India’s growing population and increasing smartphone penetration drive the demand for WAPs in various sectors. The government is working on initiatives to improve internet access across urban and rural areas, fostering the development of smart cities. Private players are launching innovative WAP solutions to cater to the growing consumer needs.
• Japan: Japan has emphasized developing its telecommunications infrastructure to support smart cities and the Internet of Things. Japanese companies are focusing on advanced WAP technology to facilitate seamless connectivity in urban areas. Ongoing investments in wireless technology research and development are essential to drive future market growth.
Features of the Global Wireless Access Point Market
Market Size Estimates: Wireless access point market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wireless access point market size by various segments, such as by services, deployment, end use industry, standard, and region in terms of value ($B).
Regional Analysis: Wireless access point market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different services, deployment, end use industry, standard, and regions for the wireless access point market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless access point market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q1. What is the wireless access point market size?
Answer: The global wireless access point market is expected to reach an estimated $5 billion by 2030.
Q2. What is the growth forecast for wireless access point market?
Answer: The global wireless access point market is expected to grow with a CAGR of 8.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the wireless access point market?
Answer: The major drivers for this market are increasing demand for high-speed data access, rising advancement of smart cities, and growing need for wireless internet access in residences and commercial buildings.
Q4. What are the major segments for wireless access point market?
Answer: The future of the global wireless access point market looks promising with opportunities in the BFSI, healthcare, manufacturing, commercial, enterprise, and telecom markets.
Q5. Who are the key wireless access point market companies?
Answer: Some of the key wireless access point companies are as follows:
• Aerohive Networks
• Cisco Systems
• Hewlett Packard Enterprise
• Ruckus Wireless
• Ubiquiti Networks
• Alcatel-Lucent
• Belkin
• Huawei Technologies
• D-Link
• Samsung
Q6. Which wireless access point market segment will be the largest in future?
Answer: Lucintel forecasts that managed services is expected to witness the higher growth over the forecast period because the supplier helps with the wireless access pointsÄX%$%X initial configuration, deployment, and setup, as well as, guarantee that the access points are correctly set up, linked, and included into the network architecture.
Q7. In wireless access point market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to quickening economic growth, rising digitization, wider internet penetration, and rising cellular technology adoption.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the wireless access point market by services (managed services and professional services), deployment (on-premises and cloud based), end use industry (BFSI, healthcare, manufacturing, commercial, telecom, and others), standard (802.11n, 802.11ac, and 802.11a/b/g), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Wireless Access Point Market, Wireless Access Point Market Size, Wireless Access Point Market Growth, Wireless Access Point Market Analysis, Wireless Access Point Market Report, Wireless Access Point Market Share, Wireless Access Point Market Trends, Wireless Access Point Market Forecast, Wireless Access Point Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.