Gigabit Wi-Fi Access Point Market

Gigabit Wi-Fi Access Point Market Outlook for 2024 to 2034

The gigabit Wi-Fi access point market is expected to register a CAGR of 32.30% from 2024 to 2034, valued at USD 5.31 billion in 2024, and is projected to reach USD 87.11 billion by 2034. Global sales of gigabit Wi-Fi access points are expected to be driven by digitalization and government programs to support industrialization in emerging countries.

Consumption Analysis of Gigabit Wi-Fi Access Point

• The development of Wi-Fi-connected devices and remote access technology has given up opportunities for encroachment in the gigabit Wi-Fi access point industry.
• The market is being boosted by augmented internet penetration and digital technology adoption across various industries, opening novel market opportunities for market players to succeed.
• The industry surge is primarily compelled by the usage and adoption of digital gadgets and the demand for wireless access points among corporate and commercial users.
• The rise in adoption of 4G, LTE, and 5G internet services for remote workplaces and smart home applications in the residential and commercial sectors is the facilitator of BPS's gigabit Wi-Fi access point market.
• The increasing global use of smart devices and government initiatives to improve technology and IT infrastructure in emerging economies propel the demand for gigabit Wi-Fi access points.

Attributes	Details
Market Value for 2024	USD 5.31 billion
Market Value for 2034	USD 87.11 billion
Market Forecast CAGR for 2024 to 2034	32.30%

Historical Performance and Future Growth of the Gigabit Wi-Fi Access Point Market

The following section discusses the historical growth and future growth of the market. The market is anticipated to register a stunning CAGR of 32.30% from 2024 to 2034, which was CAGR of 30.10% till 2023.

Attributes	Details
Historical CAGR for 2019 to 2023	30.10%

The market faces challenges such as infrastructure limitations, especially in outdated or inadequate networks. These restrictions hinder the effectiveness of gigabit Wi-Fi technology, limiting users' potential and resulting in suboptimal experiences.

Acute aspects that are anticipated to influence the demand through 2034.

• Market players anticipate showcasing a lucrative opportunity by improving technological platforms such as virtual reality and augmented reality in smart devices such as mobiles, smartwatches, and smart glasses.
• Opportunities exist to develop demand through the development of cloud computing and IoT integration with Wi-Fi.
• The introduction of public access platforms for Wi-Fi has paved the way for market development.

Market players are likely to desire prudence and flexibility over the anticipated period, as these challenging attributes position the industry for success in subsequent decades.

Key Trends Influencing the Gigabit Wi-Fi Access Point Market

Cloud Computing Holds the Upper Hand in the Industry

• The gigabit Wi-Fi market is gaining momentum due to the widespread use of cloud-managed solutions, providing greater flexibility, scalability, and ease of deployment.
• Demand for gigabit Wi-Fi access points in cloud computing is improving as organizations require remote configuration, troubleshooting, and updates, reducing on-site IT support and operational costs.
• Cloud-managed solutions enhance network security, performance, and user experience, driving innovation in the market. The cloud-based solutions facilitate seamless integration with other cloud-based services, improving IT infrastructure agility.

The Gigabit Wi-Fi Access Point Industry to Widespread the Bandwidth Demand

• The market is expecting the improvement in the network bandwidth, catered by an array of streaming services, cloud computing, and IoT devices.
• In this industry, consumers and organizations demand quicker and more steadfast wireless connectivity to accommodate data-heavy applications and simultaneously support multiple IoT devices.
• The demand is expected to grow due to the adoption of ultra-fast Wi-Fi solutions, requiring investments in advanced bandwidth technologies and infrastructure upgrades to meet user expectations in the coming decade.

Virtual gaming experiences boost up the demand for the gigabit Wi-Fi access points

• The gaming industry has experienced a surge since the introduction of virtual reality gaming platforms such as Metaverse, deriving all the attention towards the improvement in the virtual gaming experience.
• In virtual gaming platforms, players can move and relocate in multiple dimensions. Thus, it needs a strong and reliable gigabit Wi-Fi access point to seamlessly stream the game.
• Various market players are anticipated to develop novel technologies, such as virtual glasses like Oculus and Apple Vision and smart wearable watches, to help players in virtual gaming. The progression in virtual gaming pushes its demand to the next level.

Category-wise Insights

The following part offers an in-depth segmental analysis of gigabit Wi-Fi access point market. Our analyst has categorized the market according to the maximum data delivery rate and end-user industry. According to the data delivery rate, bandwidth between 868 to 1300 Mbps is in significant demand from various industries, and based on the end-user industry, the retail sector witnesses huge demand.

Data Delivery Rate of 868 To 1300 Mbps Develops 41.30% Market Share

Attributes	Details
Top Maximum Data Delivery Rate	868 to 1300 Mbps
Market share in 2024	41.30%

The gigabit Wi-Fi access point industry spectate specific demand for data delivery rate of 868 to 1300 Mbps, acquiring a market share of 41.30% in 2024. The following aspects share the development of 868 to 1300 Mbps demand:

• The most significant number of IoT devices operate on the data delivery rate of 868 to 1300 Mbps, providing rapid internet access and propelling the demand.
• The data delivery speed, between 868 to 1300 Mbps, delivers rapid internet speed for various applications such as cloud computing, surfing, gaming, and streaming. Ultimately propelling the high-speed Wi-Fi AP market.
• Growth in the gigabit Wi-Fi access point market is more significant in commercial and residential applications, where an average user utilizes the data delivery speed between 868 to 1300 Mbps to complete their usual tasks.

Retail Sector Sacks up Around 24.40% of Market Share

Attributes	Details
Top End User	Retail
Market share in 2024	24.40%

The retail sector utilizes gigabit Wi-Fi access points significantly, which is anticipated to acquire almost 24.40% market share in 2024. The development of retail sector demand from the following drivers:

• Demand is more significant in the retail sector, as it offers remote internet access and easy connectivity to various devices.
• The retail sector supports the sales of gigabit Wi-Fi access points by developing novel technology such as High-speed Wi-Fi and Raspberry Pie integration.
• The gigabit wireless access point market players are focused on delivering novel products, such as smart wearables, for the betterment of the industry.

Country-wise Insights

The following section describes the demand for gigabit Wi-Fi access points in various countries. The demand from nations such as Australia and China is tremendous, whereas the market in the United States and Germany is still developing with adequate speed. The demand in Japan is anticipated to rise gradually compared to other countries. These countries have created significant demand for the Wi-Fi AP.

Countries	CAGR from 2024 to 2034
United States	29.10%
Germany	27.70%
China	32.80%
Japan	27.00%
Australia	35.80%

The United States Offers Fertile Ground for the Wi-Fi 6 Access Point Market

The Wi-Fi 6 access point industry in the United States is projected to experience a CAGR of 29.1% through 2034. Here are a few of the major trends:

• The information technology sector in the United States offers a path for development to emerging players and prominent establishments.
• The development of novel access point technologies caters to the development of the advanced customer base for the Wi-Fi AP industry in the United States.
• The emergence of platforms such as Metaverse, Roblox, and so on has paved the way for the growth in the gigabit Wi-Fi access point market in the United States.

Germany’s Public Access Point Sector Hit the Roof with Demand for Wi-Fi

Demand in Germany is expected to develop at a CAGR of 27.7%. The following factors are propelling the adoption in Germany:

• The government offers public access to a multitude of free Wi-Fi servers, propelling the gigabit Wi-Fi AP industry in Germany.
• The progression of the gigabit Wi-Fi AP industry in Germany demonstrates the betterment of the eCommerce sector.
• Consumers are anticipated to develop a demand for free and high-speed internet across Germany, which has been propelling the Gigabit wireless access point market in the country.

China’s Commercial and Manufacturing Sectors Cultivates the Demand for Wi-Fi 6 Access Points

Demand in China is expected to showcase a CAGR of 32.8% between 2024 and 2034. Some of the primary trends in the industry are:

• Chinese commercial sector demands fast internet speed for the betterment of general applications.
• The demand for gigabit Wi-Fi AP is significant in the Chinese manufacturing sector owing to the breakthrough in China's E-commerce and exporting industry.
• Chinese consumers desire rapid data delivery speed for daily internet application use in various sectors.

Japan-based Companies Advances the Utilization of Wireless Access Points

Demand for gigabit Wi-Fi access point in Japan is expected to report a CAGR of 27.0% from 2024 to 2034. Some of the primary trends are:

• Technological companies in Japan are experimenting with broadening the internet speed and network.
• Demand for wireless access points is more prominent in Japan, as a significant amount of the population is spending time on streaming services, which require high gigabit Wi-Fi.
• The streaming content industry in Japan drives a significant amount of internet traffic over multiple internet platforms; Japan’s market players are experimenting with the wireless internet network to improve the internet traffic issue on streaming platforms.

Australian Gigabit Wireless Access Point Industry Shoots Up in the Forthcoming Decade

The industry in Australia is expected to display a CAGR of 35.8% by 2034. Among the primary drivers of the market are:

• The online streaming sector in Australia skyrockets the demand, catering to seamless streaming of online content without rendering.
• Video game streaming in Australia is hitting the roof with its genderless content data delivery and advanced graphics.
• Demand for gigabit Wi-Fi access point technology is increasing in remote areas of Australia, connecting them to the centralized network.

Market Players Shaping the Outlook of the Gigabit Wi-Fi Access Point Market

The rise of advanced technologies such as the IoT and novel product launches by major players are the reasons behind the rapid growth of the market. Companies try to incorporate innovative technologies to capture the eye of consumers and stay ahead in the market. The market is mostly pushed by strategies like mergers, acquisitions, partnerships, collaborations, and product launches.

The demand for high-speed internet connectivity is increasing, and emerging technologies such as IoT and smart homes are contributing to market growth. Therefore, market players are putting their entire focus on internet-based applications and services, including video streaming, online gaming, and cloud computing, to satisfy the need for gigabit Wi-Fi access points.

Developing new technologies and improving internet network bandwidth could potentially create a strong consumer base for the market. These advancements are designed to help users experience faster and more reliable internet connectivity. This is incalculably essential for businesses, educational institutions, and households.

Recent Developments

• In March 2024, NETGEAR introduced the WBE750, a compact WiFi 7 access point capable of delivering up to 18.4Gbps total WiFi throughput and a 10Gbps/Multi-Gigabit PoE++ port.
• In January 2024, Extreme Networks introduced its first Wi-Fi 7-capable access point and two new switches, including the AP5020, which offers cloud-based management and built-in security for easy deployment and support for bandwidth-intensive applications and IoT devices.
• In January 2024, Cybersecurity firm Fortinet Inc. introduces a new Wi-Fi 7-enabled secure access point and 10-gigabit power-over-Ethernet switch, offering faster speeds and increased user capacity, enhancing connectivity in high-density environments.
• In July 2023, EnGenius introduced the ECW536, the first Cloud Wi-Fi 7 enterprise access point powered by Qualcomm's Networking Pro 1220 chipsets. This 4x4 wireless access point offers ultra-fast aggregate speeds up to 18.8 Gbps and can be managed on EnGenius Cloud, allowing remote deployment of wireless technologies and cloud management.

Key Companies

• 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
• Riverbed Xirrus

Key Coverage in the Gigabit Wi-Fi Access Point Market Report

• Rising Sales of Gigabit Wi-Fi Access Points in the United States
• Growth Analysis of the Home Wi-Fi Security Solutions Market
• Top 10 Emerging Trends in Enterprise Wi-Fi AP
• Analysis of Growth Overview of Gigabit Wi-Fi AP Technology in the United States
• Sales Assessment of Market Dynamics of Wireless Access Point Market

Key Segments

By Maximum Data Delivery Rate:

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

By End User:

• Residential
• Commercial/Industrial
• Retail
• Education
• Manufacturing
• Hospitality
• Healthcare
• Others

By Component:

• Wireless Access Points
• Indoor
• Outdoor
• Special-purpose
• Wireless LAN Controllers

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

Frequently Asked Questions

How Big is the Gigabit Wi-Fi Access Point Market?

The market is set to be valued at USD 5.31 billion in 2024.

What is the Future Outlook of the Gigabit Wi-Fi Access Point Market?

The market is on its way to be valued at USD 87.11 billion by 2034.

How Many Clients can a Wi-Fi Access Point Handle?

In a single time use, the Wi-Fi AP can handle up to 30 entities per AP.

What is the Forecast for the Gigabit Wi-Fi Access Point Market?

The market to register a CAGR of 32.30% from 2024 to 2034.

Which Data Delivery Rate is in Demand in 2024?

Gigabit Wi-Fi access points with data delivery rates between 868 to 1300 Mbps are anticipated to acquire a 41.30% market share in 2024.