Global WiFi Access Point Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global WiFi Access Point Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

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 it to a 2.4Gig or 5Gig Hz wireless signal. It sends and receives wireless traffic to and from nearby wireless clients.

Market Overview:

The latest research study on the global WiFi Access Point market finds that the global WiFi Access Point market reached a value of USD 3110.72 million in 2022. It’s expected that the market will achieve USD 4741.67 million by 2028, exhibiting a CAGR of 7.28% during the forecast period.

COVID-19 has triggered a global health and economic crisis, which has had a great impact on people's lives all over the world, especially on operators, visitors and employees of various places. Employees work from home, the factory can't resume work, and the commercial WiFi Access Point market is affected by the downstream demand reduction, and the market sales volume is affected and decreased.

Owners and enterprises of various places are eager to return to a normal state to some extent. It is unrealistic to wait at home for months or years. Countries all over the world are using digital technology to deal with this global crisis. Digital technology, especially wireless industry, knows the importance of keeping in touch during this period. The role of wireless communication technology is not limited to virus transmission and health automation. It can also help people all over the world to connect, thus reducing the loneliness of social distance. It enables employees to work remotely, and students can continue their education and e-commerce delivery system to meet their basic needs. When great changes have taken place in daily life, in order to keep close contact with relatives, education, work and important news, people will rely more on wireless services, which promotes the development of WiFi Access Point industry to a certain extent.

Political Factors

Political factors play an important role and directly affect the profitability of WiFi Access Point industry. Complex regulatory and environmental regulations have also had a significant impact on the industry.
There will be more trade controls in North America and Europe. For example, the US government has imposed stricter import and export restrictions to restrict low-priced products from Asia-Pacific regions such as China and India from entering the domestic market. Through trade agreements, tariff policies, etc., have certain protection for local enterprises.

Economic Factors

As a variable factor, the opportunities in the stage of economic development profoundly affect the competitive advantage of a country's industry. As far as a country is concerned, infrastructure development and various forms of services are important areas to promote economic growth.
With the development of economy, the improvement of mobility, the construction of wireless network base stations and the explosive growth of IoT devices on the network, the demand for WiFi Access Point has further increased. At the same time, with the trend of global economic integration, the market competition is becoming increasingly fierce. In order to focus on their core business and superior business, and to reduce costs, more and more manufacturers began to purchase parts and components globally, and purchased parts and components with comparative advantages in the world. Globalization of WiFi Access Point procurement has become a trend.

Region Overview:

Geographically, North America held the largest market share - 48.95% in 2021.

Company Overview:

Cisco is one of the major players operating in the WiFi Access Point market, holding a share of 12.28% in 2021.

Cisco

Cisco Systems, Inc. provides information technology and networking services. The Company offers enterprise network security, software development, data collaboration, cloud computing, and other related services.

Aruba

Aruba Networks, Inc. provides mobile network access services. The Company develops operating systems for wired and wireless network infrastructure, provides remote access services, and offers data security solutions.

Segmentation Overview:

By type, Routers segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Commercial segment occupied the biggest share from 2017 to 2022.

Key Companies in the global WiFi Access Point market covered in Chapter 3:

Aruba
Xirrus
Fortinet, Inc.
TP-Link
RUCKUS WIRELESS, INC
Ubiquiti Networks, Inc
HPE
Sophos Ltd
Aerohive
D-Link Systems, Inc
Zebra
NETGEAR
Belkin
Hewlett-Packard
Cisco
Proxim Wireless Corporation

In Chapter 4 and Chapter 14.2, on the basis of types, the WiFi Access Point market from 2018 to 2029 is primarily split into:

Routers
Independent Access Point
Dependent Access Point

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the WiFi Access Point market from 2018 to 2029 covers:

Commercial
Residential

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)