Gigabit Wi Fi Access Point Market

• Growing adoption of Wi-Fi 6 (802.11ax) is driving the market growth

Market CAGR for gigabit Wi-Fi access point is growing at a rapid pace owing to factors such as rising adoption of Wi-Fi 6 technologies. Wi-Fi 6 allows Gigabit Wi-Fi access points to provide quicker and more dependable wireless connectivity since it supports higher data rates than earlier Wi-Fi standards. This is especially important in settings where there are a lot of users and programs that require a lot of bandwidth. Wi-Fi 6 brings cutting-edge features that enhance spectrum efficiency and expand network capacity, like multi-user multiple input, multiple outputs (MU-MIMO), and orthogonal frequency-division multiple access (OFDMA).

Using Wi-Fi 6, gigabit Wi-Fi access points can support more devices at once, improving performance in densely populated areas. 

Technologies that improve power efficiency and lower latency are included in Wi-Fi 6: target wake time (TWT) and basic service set (BSS) coloring. By employing Wi-Fi 6, gigabit Wi-Fi access points can increase the battery life of linked devices and offer a smoother and more responsive user experience.

Additionally, compared to the current Wi-Fi bands, Wi-Fi 6E has access to more spectrum since it runs in the recently assigned 6 GHz frequency range. Higher data speeds, reduced latency, and enhanced performance are made possible by this extra spectrum, especially in situations where there is significant network congestion, by Gigabit Wi-Fi access points that utilize Wi-Fi 6E. Gigabit Wi-Fi access points benefit from cleaner, more dependable channels for communication through the use of the 6 GHz frequency spectrum, which is less busy than the 2.4 GHz and 5 GHz bands.

Particularly in heavily populated locations, this leads to improved throughput and a more consistent user experience.

Gigabit Wi-Fi access points may cooperate thanks to mesh networking, creating a self-healing network that covers a greater region. In settings where conventional Wi-Fi configurations find it difficult to provide sufficient coverage, this guarantees reliable connectivity and gets rid of dead zones, which increases demand for gigabit Wi-Fi access points. Mesh networks are very scalable, making it simple for businesses to add more access points as needed to increase the coverage of their Wi-Fi.

Because of their adaptability, gigabit Wi-Fi access points with mesh networking are perfect for settings where connectivity needs change over time, like expanding workplaces, campuses, and outdoor events.

According to projections from the International Telecommunication Union (ITU), 66% of the world's population, or 5.3 billion people, will be online this year. With a projected 1.1 billion new users accessing the Internet during that period, this is a 24% increase from 2019. Both domestic and foreign manufacturers of Wi-Fi routers will have greater opportunities to release new models and increase bandwidth in an effort to capture a sizable portion of the market now that so many more people are utilizing the Internet. Thus driving the Gigabit Wi-Fi Access Point market revenue.

The ongoing development of smart cities globally significantly influences the Global Gigabit Wi-Fi Access Point Market Industry. As urban areas evolve, the integration of advanced technologies necessitates reliable and high-speed wireless networks. Smart city initiatives often include public Wi-Fi access, traffic management systems, and smart infrastructure, all of which rely on Gigabit Wi-Fi access points. This trend is expected to contribute to the market's growth, with projections indicating a rise to 110.2 USD Billion by 2035. The alignment of urban planning with technological advancements creates a fertile ground for the expansion of Gigabit Wi-Fi solutions.

The Global Gigabit Wi-Fi Access Point Market Industry is poised for remarkable growth, with projections indicating a market value of 6.8 USD Billion in 2024 and a staggering increase to 110.2 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 28.81% from 2025 to 2035. Such figures reflect the increasing reliance on high-speed internet across various sectors, including residential, commercial, and industrial applications. The market's expansion is likely driven by technological advancements, rising consumer expectations, and the ongoing digital transformation across the globe.

The Global Gigabit Wi-Fi Access Point Market Industry is significantly impacted by the shift towards remote work. As organizations adapt to flexible work arrangements, the demand for reliable and high-speed internet solutions has surged. Employees require seamless connectivity to collaborate effectively, access cloud-based applications, and participate in virtual meetings. This trend has led to a heightened focus on enhancing home office setups, driving the adoption of Gigabit Wi-Fi access points. The market is expected to grow at a CAGR of 28.81% from 2025 to 2035, reflecting the long-term implications of this evolving work culture.

The growing adoption of cloud services significantly influences the Global Gigabit Wi-Fi Access Point Market Industry. As businesses migrate their operations to the cloud, the need for robust and high-speed internet connectivity becomes paramount. Gigabit Wi-Fi access points facilitate seamless access to cloud applications, enabling organizations to enhance productivity and efficiency. This trend is expected to contribute to the market's expansion, with projections indicating a rise to 110.2 USD Billion by 2035. The synergy between cloud services and Gigabit Wi-Fi technology underscores the importance of reliable internet infrastructure in the modern business landscape.

The Global Gigabit Wi-Fi Access Point Market Industry experiences a notable surge in demand for high-speed internet connectivity. As more consumers and businesses seek faster internet solutions, the market is projected to reach 6.8 USD Billion in 2024. This demand is driven by the increasing reliance on cloud services, video streaming, and online gaming, which require robust bandwidth. Moreover, the proliferation of smart devices and the Internet of Things (IoT) further intensifies this need. Consequently, manufacturers are compelled to innovate and enhance their offerings to meet the expectations of a tech-savvy population.

Technological advancements play a crucial role in shaping the Global Gigabit Wi-Fi Access Point Market Industry. Innovations such as Wi-Fi 6 and the upcoming Wi-Fi 7 standards promise enhanced speed, capacity, and efficiency. These advancements cater to the increasing number of connected devices and the demand for higher data rates. As businesses and consumers alike seek to upgrade their networks, the market is poised for substantial growth. The introduction of these technologies not only improves user experience but also drives competition among manufacturers, further propelling the market forward.

The study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World by region. The North American Gigabit Wi-Fi Access Point market will dominate this market. North America is renowned for embracing new technology early on, especially the United States. Businesses and consumers in North America are likely to embrace the newest developments in wireless connectivity with the introduction of Gigabit Wi-Fi technology, which will increase demand for Gigabit Wi-Fi access points.

Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: GIGABIT WI-FI ACCESS POINT MARKET SHARE BY REGION 2023 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe's Gigabit Wi-Fi Access Point market accounts for the second-largest market share. European countries are actively supporting digital transformation initiatives and digital infrastructure projects in order to promote economic growth and innovation. Among these projects are the development of high-speed broadband networks and smart city programs, which present opportunities for gigabit Wi-Fi access point providers. Further, the German Gigabit Wi-Fi Access Point market held the largest market share, and the UK Gigabit Wi-Fi Access Point market was the fastest-growing market in the European region.

The Asia-Pacific Gigabit Wi-Fi Access Point Market is expected to grow at the fastest CAGR from 2024 to 2032. Some of the world's population and metropolitan centers are expanding the quickest in Asia-Pacific. Gigabit Wi-Fi access points are being used to serve the connectivity needs of businesses, governments, and consumers as cities grow and people move into more densely populated areas. This is due to the increased need for high-speed internet connectivity. Moreover, China’s Gigabit Wi-Fi Access Point market held the largest market share, and the Indian Gigabit Wi-Fi Access Point market was the fastest-growing market in the Asia-Pacific region.

Gigabit Wi-Fi Access Point market expansion will be driven by the industry's top players continuing to invest heavily in R&D to expand their product ranges. Significant market developments include contracts, mergers and acquisitions, higher investments, joint ventures, and the creation of new products. Market participants also engage in various strategic initiatives to broaden their global presence. A competitive and dynamic market demands reasonable prices for products and services if the Gigabit Wi-Fi Access Point Sector is to thrive and grow.

One of the main strategies manufacturers use in the worldwide Gigabit Wi-Fi Access Point market is local manufacturing, which expands the market sector and helps customers by lowering operating costs. The Gigabit Wi-Fi Access Point industry has recently provided some of the largest medical advantages. Major players in the Gigabit Wi-Fi Access Point market, including Aerohive Networks Inc., D-Link Corporation, Aruba Networks Inc., Cisco Systems Inc., TP-Link Technologies Co. Ltd., Zebra Technologies Corporation, Ruckus Wireless Inc., Riverbed Xirrus, Netgear Inc., Fortinet Inc., Proxim Wireless, and others, are making investments in R&D activities in an effort to boost market demand.

Networking devices that connect consumers, companies, and service providers are created and sold by NETGEAR Inc. Ethernet switches, wireless controllers, modems, routers, gateways, digital displays, and powerline adapters are among the products offered by the company. In addition, it provides 4G/5G mobile hotspots and whole-home networking hardware and software solutions. Under the brand names NPG, Orbi, ReadyShare, NETGEAR, ProSafe, RangeMax, and Nighthawk, Netgear sells its products. It distributes its goods via direct market resellers, value-added resellers, broadband service providers, traditional and online retailers, wholesale distributors, direct market resellers, and its direct web store at www.netgear.com.

The WBE750, a small Wi-Fi 7 access point with a 10Gbps/Multi-Gigabit PoE++ connector and a maximum 18.4Gbps Wi-Fi throughput, was released by NETGEAR in March 2024.

Fortinet Inc. offers network security solutions and next-generation firewalls. The business streamlines the IT infrastructure and offers defense against security risks. Data centers, network access, network security, network security, application security, and security management products are all offered. Under a number of names, including FortiManager, FortiAnalyzer, FortiAP, FortiGate VM, FortiMail, FortiWeb, FortiASIC, FortiOS, FortiClient, and FortiSwitch, the firm offers its products. It provides its services to various types of organizations, such as small businesses, government agencies, corporations, and communication service providers.

A new 10-gigabit power-over-Ethernet switch and Wi-Fi 7-enabled secure access point are being released in January 2024 by cybersecurity company Fortinet Inc. These devices will improve connectivity in high-density areas by providing quicker speeds and more user capacity.