Gigabit Wi-Fi Access Points - Global Market Trajectory & Analytics

Global Gigabit Wi-Fi Access Points Market to Reach $2.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Gigabit Wi-Fi Access Points estimated at US$639.8 Million in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at a CAGR of 24.3% over the period 2020-2027. Wireless Access Points, one of the segments analyzed in the report, is projected to record 27% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wireless LAN Controllers segment is readjusted to a revised 19.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $171.8 Million, While China is Forecast to Grow at 30.5% CAGR

The Gigabit Wi-Fi Access Points market in the U.S. is estimated at US$171.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$741.4 Million by the year 2027 trailing a CAGR of 30.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.9% and 22.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 20.8% 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