The global 802.11ac wave 2 market size was exhibited at USD 1,819 million in 2024 and is projected to hit around USD 3,855 million by 2034, growing at a CAGR of 7.8% during the forecast period 2024 to 2034.
The 802.11ac wave 2 market is rapidly growing due to increased demand for high-speed wireless connectivity for mobile devices and streaming services. The utilization of mobile videos and VOIP services has increased, which needs high-speed connections. The growing adoption of wireless devices like IoT devices requires the wireless networks. Government initiatives and support for smart cities and adoption of IoT technologies are emerging in the market. Additionally, regulatory needs for wireless networks are driving adoption of the 802.11ac wave 2 technology.
Additionally, the demand for fast-speed and reliable wireless connectivity has increased, driving cutting-edge technology innovation and developments, creating market competition. With rapid adoption of cloud computing and big data analytics, the market is expected to continuously boost.
North America continues to dominate the market due to strong IT infrastructure and technology developments. Asia Pacific is enhancing growth of the 802.11ac Wave 2 market due to rapid adoption of smartphones, IoT technologies, and 5G network devices. Growing development and adoption of the cloud-based services are projected to further expand the market in the region.
802.11ac Wave 2 Market Segmentation:
By End-Users
- Enterprises
- Cellular Operators
- Residential
- Public Areas
802.11ac Wave 2 Market Companies:
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