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The global wireless access point market size is estimated to grow by USD 6,961.75 million

According to Technavio, the global wireless access point market size is estimated to grow by USD 6,961.75 million from 2022 to 2027.

North America will account for 32% of the growth of the global market during the forecast period. The report includes historic market data from 2017 to 2021. In 2017, the wireless access point market was valued at USD 15,926.70 million.

The gateways or routers segment will account for a significant share of the market's growth during the forecast period. The growth of this segment is attributed to factors such as the rise in demand for value-added services such as location-based services (LBS), navigation, and digital mapping. The demand for routers or gateways is increasing owing to the increasing IP traffic. The demand for enterprise routers is rising to improve workforce mobility, which will increase the adoption of web technologies and contribute to the growth of the global wireless access point market during the forecast period.

Based on geography, the global wireless access point market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global wireless access point market.

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