Gigabit Wi-Fi Access Point Market Research Report Information By Maximum Data Delivery Rate (Less than 868 Mbps, 868 to 1300 Mbps, and More than 1300 Mbps), By End User (Residential, and Commercial/Industrial, (Retail, Hospitality, Education, Manufacturing, Healthcare, and Others)), By Component (Wireless Access Points, (Indoor, Outdoor, and Special-purpose), and Wireless LAN Controllers), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Gigabit Wi-Fi Access Point Market Overview

The Gigabit Wi-Fi Access Point Market was valued at USD 5.2 billion in 2023. The industry is projected to grow from USD 6.8 billion in 2024 to USD 47.9 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 32.00% during the forecast period (2024 - 2032).

Increasing demand for high-speed Internet and the expansion of smart cities and IoT are the primary drivers propelling the market's expansion.

Figure 1: Gigabit Wi-Fi Access Point Market Size, 2024-2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Gigabit Wi-Fi Access Point Market Trends

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  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.

Gigabit Wi-Fi Access Point Market Segment Insights

Gigabit Wi-Fi Access Point Maximum Data Delivery Rate Insights

Based on the Maximum Data Delivery Rate, the Gigabit Wi-Fi Access Point Market segmentation includes less than 868 Mbps, 868 to 1300 Mbps, and more than 1300 Mbps. In 2023, the more than 1300 Mbps segment dominated the market. Higher data transmission rates are necessary to enable seamless and uninterrupted user experiences with the rise of bandwidth-intensive apps like online gaming, virtual reality (VR), augmented reality (AR), and ultra-high-definition video streaming. These applications can be supported by gigabit Wi-Fi access points, which have data rates higher than 1300 Mbps.

The 868 to 1300 Mbps category is anticipated to be the fastest growing. Airports, stadiums, conference centers, and retail malls are examples of venues with high user densities that need Wi-Fi access points that can provide dependable, quick connectivity to a lot of people at once. Higher data transmission rates on gigabit Wi-Fi access points make them more capable of managing the increased bandwidth requirements in these kinds of deployments.

Figure 1: Gigabit Wi-Fi Access Point Market by Maximum Data Delivery Rate, 2023 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Gigabit Wi-Fi Access Point End User Insights

Based on End User, the Gigabit Wi-Fi Access Point Market segmentation includes residential and commercial/industrial (retail, hospitality, education, manufacturing, healthcare, and others). In 2023, the commercial/industrial category generated the most income. Unified communications (UC) and voice-over-internet protocol (VoIP) are becoming more and more popular in business settings for internal communication and teamwork. By giving VoIP traffic priority and reducing latency, jitter, and packet loss, gigabit Wi-Fi access points guarantee crystal-clear audio and video calls.

The Gigabit Wi-Fi Access Point residential segment market is anticipated to grow fastest during the forecast period. Residential consumers want high-speed internet connectivity due to the growing popularity of bandwidth-intensive apps like online gaming, video conferencing, and streaming 4K video. The bandwidth required to enable these apps is provided by gigabit Wi-Fi access points, guaranteeing a smooth and continuous online experience.

Gigabit Wi-Fi Access Point Component Insights

Based on Components, the Gigabit Wi-Fi Access Point Market segmentation includes wireless access points (indoor, outdoor, and special-purpose) and wireless LAN controllers. The wireless access points category leads the market. The performance, range, and coverage of gigabit Wi-Fi access points are largely dependent on their antennas. High-gain, multi-element antennas with sophisticated beamforming and spatial diversity capabilities are in greater demand as the need for increased coverage and better signal quality grows.

The Gigabit Wi-Fi Access Point market’s wireless LAN controllers segment is anticipated to grow fastest during the projection period. The central processing unit (CPU) is the main part that runs the algorithms and software in the wireless LAN controller. More potent CPUs with multi-core designs and hardware acceleration capabilities are needed as networks get bigger and more sophisticated in order to manage the growing amount of network traffic effectively.

Gigabit Wi-Fi Access Point Regional Insights

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, MRFR 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 Key Market Players & Competitive Insights

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.

Key Companies in the Gigabit Wi-Fi Access Point market include

• 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

Gigabit Wi-Fi Access Point Industry Developments

January 2024: The AP5020, which provides cloud-based management and built-in security for simple deployment and support for bandwidth-intensive apps and IoT devices, is one of the two new switches that Extreme Networks unveiled together with its first Wi-Fi 7+ enabled access point.

July 2023: The first Cloud Wi-Fi 7 enterprise access point, the ECW536 from EnGenius, is powered by Qualcomm's Networking Pro 1220 chipsets. With its lightning-fast 18.8 Gbps aggregate speeds and EnGenius Cloud administration capabilities, this 4x4 wireless access point enables cloud management and remote wireless technology deployment.

Gigabit Wi-Fi Access Point Market Segmentation

Gigabit Wi-Fi Access Point Maximum Data Delivery Rate Outlook

• Less than 868 Mbps


• 868 to 1300 Mbps


• More than 1300 Mbps

Gigabit Wi-Fi Access Point End User Outlook

• Residential


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

Gigabit Wi-Fi Access Point Component Outlook

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


• Wireless LAN Controllers

Gigabit Wi-Fi Access Point Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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


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


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America