Global Wi-Fi 6 Market Size By Device Type (Smartphones, Laptops/PCs, Smart Wearables), By Offering (Hardware, Software, Services), By Geographic Scope And Forecast

Wi-Fi 6 Market Size And Forecast

Wi-Fi 6 Market size was valued at USD 12.5 Billion in 2021 and is projected to reach USD 32.6 Billion by 2030, growing at a CAGR of 13.06% from 2022 to 2030.

The reduction in the tariff rates for Wi-Fi infrastructure for organizations along with the development of smart cities promises a progressive performance for this market. The rise in the demand for high-speed internet and widespread network coverage adds fuel to the overall market growth during the forecasted period. The Global Wi-Fi 6 Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Wi-Fi 6 Market Definition

The rising need for enhanced network low latency and information measure communications across enterprises is calculable to drive the market throughout the forecast period. The considerably increasing knowledge traffic has accelerated the requirement for superior network property across many verticals like company and industrial. Thus, it will spice up the installations of wi-fi 6 and 6E devices and will increase the demand for the chipsets within the next few years. The Global Wi-Fi 6 Market has witnessed a rise in transfer traffic due to the improved use of home and workplace Wi-Fi networks.

The current infrastructure is proving to be inefficient and incapable with the increase in simple accessibility due to the growing demand for sensible devices and therefore the increasing need for quick internet service by businesses for time period observation and managing systems. Product innovations like Wi-Fi 6 are presumably to supply the specified resolution for multiple connectivities in less time. The developed countries are witnessing large-scale deployments of sensible home security and different vehicle motion-picture show devices. Sensible devices have to be compelled to connect with different devices via unvaried or heterogeneous networks.

Wi-Fi 6 makes connecting all your different gadgets a breeze, no more headaches! Thanks to the "smart" tech baked in, you can control everything remotely, keeping things humming smoothly. Let's be honest, Wi-Fi is practically a must-have for any smart home device these days. Plus, Wi-Fi 6 seriously boosts your wireless speed. Want to ditch the network management headaches? Wi-Fi 6 solutions offer professional and managed services, letting you focus on what you do best and boosting productivity. Basically, they let businesses hand off managing their network, and focus on their core business. And it's all available through a subscription model, making it easier than ever.

Global Wi-Fi 6 Market Overview

We've seen a huge jump in the number of people using the internet lately, and it looks like that's only going to keep growing! Because of this, everyone's expecting Wi-Fi 6 and related services to get even more popular. With smartphones being everywhere and internet access getting better, the global internet user base is exploding. This wider internet access is creating some awesome new business chances for telecom companies. But, while latency and bandwidth are improving, these companies also need to keep up with each other. That's why you're seeing telecom companies invest big time in better Wi-Fi solutions. They want to grab these opportunities and offer the bandwidth, security, and reliable networks that people need.

We're expecting the Wi-Fi trade to really take off, especially as big telecommunication corporations keep pumping money into better wireless network infrastructure. But it's not all smooth sailing! The main headaches with Wi-Fi are things like "contention loss" and "co-channel interference." Basically, contention loss means your Wi-Fi gets sluggish because too many people are trying to use the same access point (AP) at once. And co-channel interference? That's when multiple APs are all blasting signals on the same Radio Frequency (RF) channel, messing up everyone's connection. This is a real issue in places that already have tons of Wi-Fi, like North America, Europe, and parts of Asia. Think about itif you're trying to set up a new network where everything's already crowded, you could end up with channels overlapping and performance taking a hit. Still, Wi-Fi is popping up everywhere these days – from your local supermarkets to huge stadiums, airports, and even hotels!

So, why is everyone suddenly clamoring for Wi-Fi devices and guest Wi-Fi? Well, these days, people have blazing-fast broadband and expect to be connected 24/7. But it's not just about convenience! Businesses are using Wi-Fi analytics to get serious insights. Imagine a hotel using location analytics to see how often guests hit the gym, sports facilities, the bar, the restaurant, or even just hang out in the lobby. With that kind of data, they can offer personalized services and really cater to their guests. And when it comes to guest Wi-Fi, providers can keep track of returning customers who log in. That means the business can offer loyalty points and special deals to their regulars, making them feel truly valued!

Global Wi-Fi 6 MarketSegmentation Analysis

The Global Wi-Fi 6 Market is segmented on the basis of Device Type, Offering, And Geography.

Wi-Fi 6 Market, By Device Type

• Smartphones• Laptops/PCs• Smart Wearables

Based on Device Type, The market is segmented into Smartphones, Laptops/PCs, and Smart Wearables.

Wi-Fi 6 Market, By Offering

• Hardware• Software• Services

Based on Offering, The market is segmented into Hardware, Software, and Services. The Hardware segment includes WAP, mesh routers, as well as wireless repeaters. Services consist of professional services and managed services.

Wi-Fi 6 Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Regional Analysis, The Global Wi-Fi 6 Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The adoption of Wi-Fi 6 is rapidly growing in Asia-Pacific due to the rise in the consumer demand for the internet and the increasing number of connected devices, as well as the high demand for public Wi-Fi hotspots driving demand for Wi-Fi 6 across the region.

Key Players

The “Global Wi-Fi 6 Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Cisco Systems (US), Intel Corporation (US), Huawei Technologies (China), NETGEAR (US), Juniper Networks (US), Broadcom (US), Qualcomm Inc. (US), Extreme Networks (US), Ubiquiti Networks (US), Fortinet Inc. (US), Aruba Networks (US), NXP Semiconductors (Netherlands), AT&T.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• December 2021Huawei launched AirEngine 6760–X1 & 6760–X1E APs as ultra–high performance indoor settled Wi-Fi 6 (802.11ax) APs with ten spatial streams by default and two built-in IoT slots. With an RTU license, the AP can provide up to 12 spatial streams and work in the triple–radio mode.

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Reasons to Purchase this Report

We'll dive deep into the market, looking at both the numbers and the less obvious stuff that shapes it, using segmentation to understand the economic and non-economic drivers. You'll get market value data (in USD Billion, of course!) for every segment and sub-segment. We'll pinpoint the region and segment poised for the biggest boom and market leadership. Expect a geographical breakdown, showcasing product/service consumption and the specific factors influencing each region's market. Our competitive landscape review will rank the big players and highlight their recent moves – new product launches, strategic partnerships, expansions, and acquisitions over the last five years. We'll provide comprehensive company profiles, including overviews, insights, product benchmarking, and a clear SWOT analysis of key market players. Get a clear picture of the industry's present and future, covering growth opportunities, drivers, and challenges in both up-and-coming and established regions. We'll also apply Porter's five forces analysis to give you an in-depth look at the market from different angles. Plus, you'll get insight into the market through the Value Chain. Finally, we'll map out the market dynamics scenario and highlight future growth opportunities. And don't forgetyou get 6 months of post-sales analyst support!

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