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Global Gigabit Wi-Fi Access Points Market Report 2023: Growth in Enterprise Mobile Computing & BYOD Heightens the Significance of Scalable Wi-Fi in the Enterprise Sector

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Global Market for Gigabit Wi-Fi Access Points

Global Market for Gigabit Wi-Fi Access Points
Global Market for Gigabit Wi-Fi Access Points

Dublin, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The "Gigabit Wi-Fi Access Points: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Gigabit Wi-Fi Access Points estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$18.1 Billion by 2030, growing at a CAGR of 27.2% over the analysis period 2022-2030.

Wireless Access Points, one of the segments analyzed in the report, is projected to record 29.1% CAGR and reach US$14.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Wireless LAN Controllers segment is readjusted to a revised 21.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $721.2 Million, While China is Forecast to Grow at 37.3% CAGR

The Gigabit Wi-Fi Access Points market in the U.S. is estimated at US$721.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2030 trailing a CAGR of 37.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.6% and 23.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 21.7% CAGR.

Select Competitors (Total 53 Featured) -

  • Airbus Defence and Space

  • Cobham plc

  • DAMM Cellular Systems A/S

  • ETELM

  • Hytera Communications Corporation Ltd.

  • Motorola Solutions Inc.

  • Sepura PLC

Report Metrics:

Report Attribute

Details

No. of Pages

279

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$2.6 Billion

Forecasted Market Value (USD) by 2030

$18.1 Billion

Compound Annual Growth Rate

27.4%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Upcoming Developments in Wi-Fi Technologies to Open a Future of Exciting New Possibilities for Gigabit Wi-Fi

  • Recent Market Activity

  • Market Outlook

  • Gigabit Wi-Fi Access Points - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rise in Wi-Fi Connected Devices & the Growing Issue of Overloaded Wi-Fi Consumption: The Cornerstone for Growth in the Gigabit Wi-Fi Access Points Market

  • Large WLAN Deployments in Enterprises Expands the Addressable Market Opportunity for Gigabit Wi-Fi in the Enterprise Sector

  • Growth in Enterprise Mobile Computing & BYOD Heightens the Significance of Scalable Wi-Fi in the Enterprise Sector

  • Disruptive Popularity of 802.11ac Wave 2 Turbocharges Growth in the Gigabit Wi-Fi Access Points Market

  • Rise in Streaming Services Catalyzes the Growth Potential of High Performance Wi-Fi Technology Solutions

  • Gigabit Wi-Fi to Benefit from the Mind-Bending Spurt in Mobile Data Consumption & the Ensuing Transformation of Wi-Fi into a Utility that Requires Robust Delivery Capabilities

  • Next Generation Wi-Fi Emerges as the Technology of Choice for IoT Connectivity, Opens New Avenues for Growth of Gigabit Wi-Fi Access Points

  • IoT Sensors & Devices Hitch a Ride on the Wi-Fi Network

  • Spectacular Growth in Public Internet Hotspots Strengthens the Business Case for Gigabit Wi-Fi Access Points

  • Offloading Internet Traffic Onto Wi-Fi Networks & the Resulting Rise of Carrier Grade Wi-Fi to Benefit Market Growth

  • Monetization of Wi-Fi Networks & Roll-out of New Wi-Fi Services, Including VoWi-Fi to Spur Investments in Gigabit Wi-Fi Access Points

  • Robust Sales of 802.11ac Wi-Fi Enabled Devices to Fuel Market Growth

  • Rise of Home Networks Backed by Strong Growth of Smart Homes to Drive Growth in the Consumer Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/bqjy9q-wi-fi?w=12

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