The Asia Pacific Network Devices Market would witness market growth of 7.2% CAGR during the forecast period (2022-2028).
Wireless access points (WAPs) refer to the devices that integrate a transmitter and a receiver (transceiver) to make a wireless LAN (WLAN). Different network devices with a designed antenna, transmitter, and adaptor are known as access points. The wireless infrastructure network type is used by APs to establish a connection among WLANs as well as a wired Ethernet LAN. They also contain many ports, allowing companies to extend the network to accommodate more users. One or more APs may be obligated to issue full coverage, based on the scale of the network. New access points are utilized to provide access to more wireless users and to extend the wireless network's range.
Access to safe, dependable, and cheap high-speed broadband services is an obvious and urgent requirement for each and every Indian person. Fiberization and network densification are necessary for the spread of high-speed broadband throughout the nation. To ensure that everyone is connected, it became increasingly important to spend on the extension of broadband. Hence, the purpose of these Recommendations is to offer a roadmap to the Government for infrastructure building, fiberisation and densification of networks, and diffusion of high-speed broadband systems in the region.
Understanding the current state of broadband, including where it is available and where it is not, as well as the obstacles to implementing and utilizing the technology, is the first step toward solving the nation's broadband demands. Over the past four to five years, India's broadband user base has been expanding quickly. From 2016 to 2020, there was a 33 percent Compounded Annual Growth Rate (CAGR). There will be about 747 million broadband consumers in the nation as of December 2020. Due to this increase in internet connectivity along with the rising spending on building improved network, the growth of the regional network devices market would escalate over the forecast period.
The China market dominated the Asia Pacific Network Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,439.4 million by 2028. The Japan market is anticipated to grow at a CAGR of 6.5% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 7.8% during (2022 - 2028).
Based on Type, the market is segmented into Indoor and Outdoor. Based on Connectivity, the market is segmented into WiFi, Cellular, WiFi + Others, Long Range Radio (LoRa), and Others. Based on Application, the market is segmented into Enterprise Networking, Residential Networking, Industrial Networking, Commercial Networking, and Transportation Networking. Based on Device Type, the market is segmented into Routers, Gateways, and Access Points. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Network Devices Market is Projected to reach USD 38.4 Billion by 2028, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc.,Siemens AG, Schneider Electric SE, General Electric (GE) Co., TE Connectivity Ltd., Hewlett-Packard Enterprise Company, Juniper Networks, Inc., ADTRAN, Inc., Huawei Technologies Co. Ltd., Digi International, Inc., and Ericsson AB.
By Type
By Connectivity
By Application
By Device Type
By Country
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