Wi-Fi 6 Market Size & Share 2023 to 2032

Report ID: GMI5397
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Published Date: November 2022
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Wi-Fi 6 Market Size

Wi-Fi 6 Market size exceeded USD 20 billion in 2022 and is poised to grow at 10% CAGR from 2023 to 2032. The industry growth is driven by the increasing number of internet users.
 

Wi-Fi 6 Market

Growing smartphone penetration and expanding telecommunication services have proliferated the number of internet users, fueling the development and adoption of connectivity technologies such as Wi-Fi 6. Meanwhile, government investments towards digital infrastructure development will also augment the Wi-Fi 6 market share. For instance, in April 2021, the U.S. government invested USD 40 million in an NSF-led RINGS program to fund research on latest cellular, Wi-Fi, and satellite network versions to increase the number of connected devices that enable everyday lives.
 

Wi-Fi 6 Market Trends

Despite there being a broad scope for Wi-Fi 6 adoption across a growingly connected world, increasing internet security threats may hamper the market growth. Of late, numerous security and privacy challenges have come to the forefront due to the rising number of connected systems. Every endpoint, sensor, gateway, and smartphone has become vulnerable to cyberattacks, which may negatively impact the Wi-Fi 6 industry landscape. Proper privacy and security are required for Wi-Fi solutions and the associated services to be leveraged, which may pose challenges to the industry.
 

Wi-Fi 6 Market Analysis

Wi-Fi 6 Market Size By Device

Based on component, the Wi-Fi 6 market from home gateways segment is set to hit USD 3 billion by 2032, driven by the rapidly rising adoption of home automation across developed economies. Smart, home automation devices such as internet kitchen appliances require an internet connection for access, creating demand for home gateways. The market growth is also expected to come from growing digitalization in IT and infrastructure worldwide.
 

On the basis of the band, the single-band segment will witness 5% CAGR through 2032, fueled by a strong demand from commercial and residential applications. Single-band Wi-Fi devices are ideal for facilitating internet connection across short distances, providing internet connection to smartphones, laptops, smart home devices, online gaming platforms, and other mobile devices. The growing hybrid working trend is further expected to foster the demand for single band devices from residential applications.
 

Wi-Fi 6 Market Size By Application

Based on application, the Wi-Fi 6 market from commercial application will showcase around 10% –growth rate during the forecast period, on account of surging demand for Wi-Fi connectivity across commercial spaces such as schools, universities, offices, and public places. The growing adoption of Wi-Fi devices across commercial applications can also be credited to rising e-learning trend across schools and universities which require unified network connectivity for uninterrupted services.
 

Wi-Fi 6 Market Share By Region

Based on region, the Europe Wi-Fi 6 market size is anticipated to depict around 6% CAGR till 2032, owing to a growing internet demand in the region. The rising presence of connected devices is fostering a pressing need for scalable public Wi-Fi infrastructure. Nations such as the UK, Russia, Germany, France, and Italy are among the leading adopters of the Wi-Fi 6 technology in Europe, which can be attributed to the rapid shift to digital-first lifestyles following the COVID-19 pandemic.
 

Wi-Fi 6 Market Share

Some of the leading companies operating in the Wi-Fi 6 industry include

  • Cambium Networks, Inc.
  • ALE International
  • Aruba Networks (HPE)
  • ASUSTeK Computer Inc.
  • Commscope
  • D-Link Corporation
  • Cisco Systems, Inc.

Many companies are focusing on product innovations to better cater to consumer demand. In February 2022, NETGEAR, an American computer networking company, unveiled two new Wi-Fi 6 mesh extenders: nighthawk ax1800 (EAX20), and nighthawk ax6000 (EAX80). Developed specifically to extend the bandwidth through Orthogonal Frequency Division Multiple Access (OFDMA) technology, both devices are capable of delivering speeds of up to 1.8Gbps.
 

Impact of COVID-19 Pandemic

The COVID-19 pandemic had a positive impact on the Wi-Fi 6 market as the ensuing lockdowns elevated the need to internet connectivity worldwide. According to OECD, the demand for broadband communication services has increased drastically since the start of the pandemic, with some operators reporting a 60% rise in internet traffic.
 

Prolonged lockdowns also made consumers more dependent on the internet, and Wi-Fi devices by extension, for remote learning and work purposes. As per a 2020 survey conducted by the U.S. Bureau of Labor Statistics, 31% of establishments increased telework for employees due to the pandemic. Now, with the remote working trend still going strong, the market is likely to witness a stable period of growth in coming years.
 

This Wi-Fi 6 market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipments in terms of units from 2018 to 2032, for the following segments:

Market, By Component

  • Device
    • Mesh routers
    • Wireless access points
    • Home gateways
    • Wireless repeaters
    • Chipset
  • Services

Market, By Band

  • Single band
  • Dual band
  • Tri band

Market, By Application

  • Commercial
  • Residential

Market, By End Use

  • Education
  • Consumer electronics
  • Healthcare
  • Automotive & transportation
  • Industrial
  • IT & telecommunication
  • Others

The above information has been provided for the regional and countries:

North America

  • U.S.
  • Canada

Europe

  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Taiwan

Latin America

  • Brazil
  • Mexico

MEA

  • South Africa
  • GCC

 

Authors: Suraj Gujar, Tanisha Malwa
Wi-Fi 6 Market Scope
  • Wi-Fi 6 Market Size
  • Wi-Fi 6 Market Trends
  • Wi-Fi 6 Market Analysis
  • Wi-Fi 6 Market Share

Report Content

Chapter 1   Methodology & Scope

1.1    Scope and definition

1.2    Methodology & forecast parameters

1.3    COVID-19 impact

1.3.1    North America

1.3.2    Europe

1.3.3    Asia Pacific

1.3.4    Latin America

1.3.5    MEA

1.4    Data Sources

1.4.1    Secondary

1.4.1.1   Paid sources

1.4.1.2   Public sources

1.4.2    Primary

1.5    Industry Glossary

Chapter 2   Executive Summary

2.1    Wi-Fi 6 industry 3600 snapshots, 2018-2032

2.2    Business trends

2.2.1    Total Addressable Market (TAM), 2023 - 2032

2.3    Regional trends

2.4    Component trends

2.5    Band trends

2.6    Application trends

2.7    End-use trends

Chapter 3   Wi-Fi 6 Industry Insights

3.1    Introduction

3.2    COVID-19 impact

3.2.1    Global outlook

3.2.2    Impact by region

3.2.2.1   North America

3.2.2.2   Europe

3.2.2.3   Asia Pacific

3.2.2.4   Latin America

3.2.2.5   MEA

3.3    Russia-Ukraine war impact

3.4    Wi-Fi 6 industry ecosystem analysis

3.4.1    Component supplier

3.4.2    Service provider

3.4.3    Technology provider

3.4.4    Distribution channel

3.4.5    End-user

3.4.6    Vendor matrix

3.4.7    Profit margin

3.5    Technology & innovation landscape

3.5.1    Evolution of Wi-Fi 6

3.5.2    WiFi 7 chipsets

3.6    Patent landscape

3.7    Key initiative & news

3.8    Regulatory landscape

3.8.1    International

3.8.2    North America

3.8.3    Europe

3.8.4    Asia Pacific

3.8.5    Latin America

3.8.6    MEA

3.9    Industry impact forces

3.9.1    Growth drivers

3.9.1.1   Increasing number of internet users in North America

3.9.1.2   Surge in adoption of Wi-Fi enabled devices in smart home applications in Asia Pacific

3.9.1.3   Rising government initiative and projects for smart cities in developing nations

3.9.1.4   Increasing demand for high speed internet connection globally

3.9.1.5   The rising scenario of hybrid working in several regions

3.9.2    Industry pitfalls & challenges

3.9.2.1   Increasing security threats

3.9.2.2   High procurement and maintenance cost

3.10    Investment portfolio

3.11    Growth potential analysis

3.12    Porter’s analysis

3.12.1    Threat of new entrant

3.12.2    Bargaining power of supplier

3.12.3    Bargaining power of buyer

3.12.4    Threat of substitution

3.12.5    Competitive rivalry

3.13    PESTEL analysis

3.13.1    Political

3.13.2    Economical

3.13.3    Social

3.13.4    Technological

3.13.5    Legal

3.13.6    Environmental

Chapter 4   Competitive Landscape, 2022

4.1    Introduction

4.2    Company market share, 2022

4.3    Completive analysis of key market players, 2022

4.3.1    Cisco Systems, Inc.

4.3.2    Huawei Technologies Co., Ltd

4.3.3    Aruba Networks (HPE)

4.3.4    Broadcom

4.3.5    Technicolor

4.4    Completive analysis of innovative players, 2022

4.4.1    Qualcomm

4.4.2    Arcadyan Technology Corporation

4.4.3    Juniper Networks, Inc.

4.4.4    Intel Corporation

4.4.5    ZTE Corporation.

4.5    Vendor adoption matrix

4.6    Strategic outlook matrix

Chapter 5   Wi-Fi 6 Market, By Component

5.1    Key trends, by component

5.2    Device

5.2.1    Market estimates and forecast, 2018-2032

5.2.2    Mesh routers

5.2.2.1   Market estimates and forecast, 2018-2032

5.2.3    Wireless access points

5.2.3.1   Market estimates and forecast, 2018-2032

5.2.4    Home gateways

5.2.4.1   Market estimates and forecast, 2018-2032

5.2.5    Wireless repeaters

5.2.5.1   Market estimates and forecast, 2018-2032

5.2.6    Chipset

5.2.6.1   Market estimates and forecast, 2018-2032

5.3    Services

5.3.1    Market estimates and forecast, 2018-2032

Chapter 6   Wi-Fi 6 Market, By Band

6.1    Key trends, by band

6.2    Single band

6.2.1    Market estimates and forecast, 2018-2032

6.3    Dual band

6.3.1    Market estimates and forecast, 2018-2032

6.4    Tri band

6.4.1    Market estimates and forecast, 2018-2032

Chapter 7   Wi-Fi 6 Market, By Application

7.1    Key trends, by application

7.2    Commercial

7.2.1    Market estimates and forecast, 2018-2032

7.3    Resedential

7.3.1    Market estimates and forecast, 2018-2032

Chapter 8   Wi-Fi 6 Market, By End Use

8.1    Key trends, by end use

8.2    Education

8.2.1    Market estimates and forecast, 2018-2032

8.3    Consumer Electronics

8.3.1    Market estimates and forecast, 2018-2032

8.4    Healthcare

8.4.1    Market estimates and forecast, 2018-2032

8.5    Automotive & transportation

8.5.1    Market estimates and forecast, 2018-2032

8.6    Industrial

8.6.1    Market estimates and forecast, 2018-2032

8.7    IT & Telecommunication

8.7.1    Market estimates and forecast, 2018-2032

8.8    Others

8.8.1    Market estimates and forecast, 2018-2032

Chapter 9   Wi-Fi 6 Market, By Region

9.1    Key trends, by region

9.2    North America

9.2.1    Market estimates and forecast, 2018-2032

9.2.2    Market estimates and forecast, by component, 2018-2032

9.2.3    Market estimates and forecast, by band, 2018-2032

9.2.4    Market estimates and forecast, by application, 2018-2032

9.2.5    Market estimates and forecast, by end use, 2018-2032

9.2.6    U.S.

9.2.6.1   Market estimates and forecast, 2018-2032

9.2.6.2   Market estimates and forecast, by component, 2018-2032

9.2.6.3   Market estimates and forecast, by band, 2018-2032

9.2.6.4   Market estimates and forecast, by application, 2018-2032

9.2.6.5   Market estimates and forecast, by end use, 2018-2032

9.2.7    Canada

9.2.7.1   Market estimates and forecast, 2018-2032

9.2.7.2   Market estimates and forecast, by component, 2018-2032

9.2.7.3   Market estimates and forecast, by band, 2018-2032

9.2.7.4   Market estimates and forecast, by application, 2018-2032

9.2.7.5   Market estimates and forecast, by end use, 2018-2032

9.3    Europe

9.3.1    Market estimates and forecast, 2018-2032

9.3.2    Market estimates and forecast, by component, 2018-2032

9.3.3    Market estimates and forecast, by band, 2018-2032

9.3.4    Market estimates and forecast, by application, 2018-2032

9.3.5    Market estimates and forecast, by end use, 2018-2032

9.3.6    UK

9.3.6.1   Market estimates and forecast, 2018-2032

9.3.6.2   Market estimates and forecast, by component, 2018-2032

9.3.6.3   Market estimates and forecast, by band, 2018-2032

9.3.6.4   Market estimates and forecast, by application, 2018-2032

9.3.6.5   Market estimates and forecast, by end use, 2018-2032

9.3.7    Germany

9.3.7.1   Market estimates and forecast, 2018-2032

9.3.7.2   Market estimates and forecast, by component, 2018-2032

9.3.7.3   Market estimates and forecast, by band, 2018-2032

9.3.7.4   Market estimates and forecast, by application, 2018-2032

9.3.7.5   Market estimates and forecast, by end use, 2018-2032

9.3.8    France

9.3.8.1   Market estimates and forecast, 2018-2032

9.3.8.2   Market estimates and forecast, by component, 2018-2032

9.3.8.3   Market estimates and forecast, by band, 2018-2032

9.3.8.4   Market estimates and forecast, by application, 2018-2032

9.3.8.5   Market estimates and forecast, by end use, 2018-2032

9.3.9    Italy

9.3.9.1   Market estimates and forecast, 2018-2032

9.3.9.2   Market estimates and forecast, by component, 2018-2032

9.3.9.3   Market estimates and forecast, by band, 2018-2032

9.3.9.4   Market estimates and forecast, by application, 2018-2032

9.3.9.5   Market estimates and forecast, by end use, 2018-2032

9.3.10    Spain

9.3.10.1    Market estimates and forecast, 2018-2032

9.3.10.2    Market estimates and forecast, by component, 2018-2032

9.3.10.3    Market estimates and forecast, by band, 2018-2032

9.3.10.4    Market estimates and forecast, by application, 2018-2032

9.3.10.5    Market estimates and forecast, by end use, 2018-2032

9.3.11    Russia

9.3.11.1    Market estimates and forecast, 2018-2032

9.3.11.2    Market estimates and forecast, by component, 2018-2032

9.3.11.3    Market estimates and forecast, by band, 2018-2032

9.3.11.4    Market estimates and forecast, by application, 2018-2032

9.3.11.5    Market estimates and forecast, by end use, 2018-2032

9.4    Asia Pacific

9.4.1    Market estimates and forecast, 2018-2032

9.4.2    Market estimates and forecast, by component, 2018-2032

9.4.3    Market estimates and forecast, by band, 2018-2032

9.4.4    Market estimates and forecast, by application, 2018-2032

9.4.5    Market estimates and forecast, by end use, 2018-2032

9.4.6    China

9.4.6.1   Market estimates and forecast, 2018-2032

9.4.6.2   Market estimates and forecast, by component, 2018-2032

9.4.6.3   Market estimates and forecast, by band, 2018-2032

9.4.6.4   Market estimates and forecast, by application, 2018-2032

9.4.6.5   Market estimates and forecast, by end use, 2018-2032

9.4.7    India

9.4.7.1   Market estimates and forecast, 2018-2032

9.4.7.2   Market estimates and forecast, by component, 2018-2032

9.4.7.3   Market estimates and forecast, by band, 2018-2032

9.4.7.4   Market estimates and forecast, by application, 2018-2032

9.4.7.5   Market estimates and forecast, by end use, 2018-2032

9.4.8    Japan

9.4.8.1   Market estimates and forecast, 2018-2032

9.4.8.2   Market estimates and forecast, by component, 2018-2032

9.4.8.3   Market estimates and forecast, by band, 2018-2032

9.4.8.4   Market estimates and forecast, by application, 2018-2032

9.4.8.5   Market estimates and forecast, by end use, 2018-2032

9.4.9    South Korea

9.4.9.1   Market estimates and forecast, 2018-2032

9.4.9.2   Market estimates and forecast, by component, 2018-2032

9.4.9.3   Market estimates and forecast, by band, 2018-2032

9.4.9.4   Market estimates and forecast, by application, 2018-2032

9.4.9.5   Market estimates and forecast, by end use, 2018-2032

9.4.10    Taiwan

9.4.10.1    Market estimates and forecast, 2018-2032

9.4.10.2    Market estimates and forecast, by component, 2018-2032

9.4.10.3    Market estimates and forecast, by band, 2018-2032

9.4.10.4    Market estimates and forecast, by application, 2018-2032

9.4.10.5    Market estimates and forecast, by end use, 2018-2032

9.5    Latin America

9.5.1    Market estimates and forecast, 2018-2032

9.5.2    Market estimates and forecast, by component, 2018-2032

9.5.3    Market estimates and forecast, by band, 2018-2032

9.5.4    Market estimates and forecast, by application, 2018-2032

9.5.5    Market estimates and forecast, by end use, 2018-2032

9.5.5.1   Brazil

9.5.5.2   Market estimates and forecast, 2018-2032

9.5.5.3   Market estimates and forecast, by component, 2018-2032

9.5.5.4   Market estimates and forecast, by band, 2018-2032

9.5.5.5   Market estimates and forecast, by application, 2018-2032

9.5.5.6   Market estimates and forecast, by end use, 2018-2032

9.5.6    Mexico

9.5.6.1   Market estimates and forecast, 2018-2032

9.5.6.2   Market estimates and forecast, by component, 2018-2032

9.5.6.3   Market estimates and forecast, by band, 2018-2032

9.5.6.4   Market estimates and forecast, by application, 2018-2032

9.5.6.5   Market estimates and forecast, by end use, 2018-2032

9.6    MEA

9.6.1    Market estimates and forecast, 2018-2032

9.6.2    Market estimates and forecast, by component, 2018-2032

9.6.3    Market estimates and forecast, by band, 2018-2032

9.6.4    Market estimates and forecast, by application, 2018-2032

9.6.5    Market estimates and forecast, by end use, 2018-2032

9.6.5.1   South Africa

9.6.5.2   Market estimates and forecast, 2018-2032

9.6.5.3   Market estimates and forecast, by component, 2018-2032

9.6.5.4   Market estimates and forecast, by band, 2018-2032

9.6.5.5   Market estimates and forecast, by application, 2018-2032

9.6.5.6   Market estimates and forecast, by end use, 2018-2032

9.6.6    GCC

9.6.6.1   Market estimates and forecast, 2018-2032

9.6.6.2   Market estimates and forecast, by component, 2018-2032

9.6.6.3   Market estimates and forecast, by band, 2018-2032

9.6.6.4   Market estimates and forecast, by application, 2018-2032

9.6.6.5   Market estimates and forecast, by end use, 2018-2032

Chapter 10   Company Profiles

Don't see your key competitors?

The companies listed in this report are a curated selection - not the full competitive universe.

Our market revenue calculations use a bottom-up methodology that accounts for all players across all regions - including manufacturers, distributors, and specialists not individually profiled. The profiles section spotlights strategically significant players; it does not define the scope of our market sizing.

Your competitive landscape may also include

Regional or domestic-only leaders not in the global top tier
Distributors and channel partners who control market access
Emerging disruptors, startups, or adjacent-industry entrants
Niche players focused on a specific application or end-use

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