The Wi-Fi customer premises equipment (CPE) market is expected to grow 11 percent to 176 million units in 2014, said ABI Research.
CPE equipment market includes Wi-Fi access points, routers and residential gateways.
ABI Research forecasts that nearly 32 million 802.11ac access points will be shipped in 2014.
In the consumer Wi-Fi equipment market, D-Link and NETGEAR lead 802.11ac access point shipments. The combined shipments of D-Link and NETGEAR represented more than 20 percent of worldwide 802.11ac shipments in Q1 2014.
Shipments of Wi-Fi devices with older generation standards such as 802.11a/b/g have dropped significantly over the past few years as they were replaced by 802.11n products.
Wi-Fi enabled mobile devices and multimedia applications continue to drive demand for higher performance Wi-Fi equipment.
ABI Research expects that accelerating 802.11ac deployments will cause a downward trend in older 802.11n standard devices starting from the end of 2014.
The enterprise Wi-Fi market has also experienced increased deployments of 802.11ac devices.
Cisco and Aruba Networks sold the largest numbers of 802.11ac access points in the enterprise Wi-Fi market; a combined total of 0.1 million 802.11ac access points in Q1 2014.
The enterprise class Wi-Fi equipment market is expected to grow to generate revenues of $8.1 billion by the end of 2019.