The global gigabit Wi-Fi access points market is expected to grow at a CAGR of around 27.3% from 2020 to 2027 and expected to reach the market value of around US$ 9,835.6 Mn by 2027.

Wi-Fi Access Points are the devices that are used to create local area networks (WLAN) particularly in offices or large buildings. The technology connects wired router, switch, or hub via an Ethernet cable, and provides a Wi-Fi signal to a designated area. Additionally, it can convert to a 2.4Gig or 5Gig Hz wireless signal.

Market Dynamics

The improvement in connectivity infrastructure, growing penetration of technological devices, increasing use of advanced electronic equipment, favorable government support to promote industrialization and digitalization in developing economies, and speedy rise in data traffic in several emerging economies are some of the prominent factors supporting the market value. Some of the other important factors like cloud computing, integration of networks and technologies, app-driven technology environment, mobile as the new internet accessibility engine are additionally bolstering the market value. Furthermore, the penetration is new markets and ongoing R&D activities are likely to create potential opportunities over the forecast timeframe from 2020 to 2027.

On the other side, the limitation of WLAN networks to cyberattacks is one of the major factors projected to hamper the growth to an extent.

Commercial/Industrial accounted for the major share in the global market

By the end-user, the commercial/industrial segment is leading the global market with a major share in terms of value. The segment is leading with a share of more than 70% in the global market. Additionally, the commercial/Industrial segment is further divided into retail, education, manufacturing, hospitality, healthcare, and others. The increasing investment in the aforementioned sectors across the globe is supporting the market value. The rapidly expanding e-learning infrastructure in the educational sector is supporting the market value. Additionally, the expanding usage of electronic devices for storing and analyzing the patient’s information in the healthcare sector is accelerating market growth. The ongoing industrialization and digitalization in emerging countries across the globe are bolstering the market value.

The market research study on “Gigabit Wi-Fi Access Points Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027”, offers a detailed insight into the global gigabit Wi-Fi access market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global gigabit Wi-Fi access market, its maximum data delivery rate, component, end user, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global gigabit Wi-Fi access points market size and volume, and segment markets by maximum data delivery rate, component, end user, and geography along with the information on companies operating in the market. The global gigabit Wi-Fi access market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.

The players profiled in the report include Aerohive Networks Inc., Aruba Networks Inc., Cisco Systems Inc., D-Link Corporation, Ruckus Wireless, Inc., TP-Link Technologies Co., Ltd., Zebra Technologies Corporation, Fortinet, Inc., Netgear Inc., Proxim Wireless, and Riverbed Xirrus. The global manufacturers are investing in research and development activities for the development of advance and effective solutions that will meet the advance future requirement.

Market Segmentation

Market By Maximum Data Delivery Rate

• Less than 868 Mbps
• 868 to 1300 Mbps
• More than 1300 Mbps

Market By End User

Residential

Commercial/Industrial

• Retail
• Education
• Manufacturing
• Hospitality
• Healthcare
• Others

Market By Component

Wireless Access Points

• Indoor
• Outdoor
• Special-purpose

Wireless LAN Controllers

Market By Geography

North America

• U.S
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa

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