Wi-Fi 6 Market: Comprehensive Size, Share, and Trends Analysis

 

Meticulous Research®, a leading global market research organization, has published a report titled, ‘Wi-Fi 6 Market Size, Share, Forecast, & Trends Analysis by Device (Mesh Routers, Wireless Access Points, Home Gateways), Commercial Use (Enterprises, Consumers), Application (Consumer Electronics, AR/VR, Retail, Smart Cities, Healthcare), and Geography - Global Forecast to 2031.’

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5238

The Wi-Fi 6 market is forecasted to grow to $18.2 billion by 2031, with a CAGR of 25.2% from 2024 to 2031. This growth is driven by rising demands for faster internet connectivity and the increasing deployment of Wi-Fi 6 technology in smart homes. High initial investments pose a challenge to market expansion, but the surge in smart city projects is expected to offer new growth opportunities. Data security concerns are a major obstacle, while the increasing number of connected devices is a significant trend.

The market segmentation includes devices (mesh routers, wireless access points, home gateways, and wireless repeaters), commercial use (enterprises and consumers), applications (consumer electronics, AR/VR, retail, healthcare, manufacturing, smart cities, and others), and geographical regions. The report also provides a detailed competitive analysis and regional market insights.

By device type, the Wi-Fi 6 market is segmented into mesh routers, wireless access points, home gateways, and wireless repeaters. The wireless access points segment is projected to dominate with over 41.0% market share in 2024, attributed to their ability to handle multiple devices efficiently. Mesh routers are expected to grow at the highest CAGR due to their capability to create comprehensive Wi-Fi networks with multiple nodes, enhancing performance and integrating seamlessly with smart home technologies.

In terms of commercial use, the market is divided into enterprises and consumers. The enterprises segment is forecasted to hold over 65.0% of the market in 2024, driven by the need for high-performance Wi-Fi in business environments. The consumer segment is anticipated to grow at a faster pace due to increased adoption for better connectivity and performance.

Application-wise, the market is segmented into consumer electronics, AR/VR, retail, healthcare, manufacturing, smart cities, and other sectors. The consumer electronics segment is expected to lead with over 32.0% market share in 2024, due to Wi-Fi 6’s enhancement of device performance. The smart cities segment is predicted to grow at the highest rate, driven by the increasing use of Wi-Fi 6 in urban infrastructure.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to capture over 60.0% of the market share in 2024, due to high adoption rates and supportive government policies. Asia-Pacific is projected to exhibit the highest CAGR of over 21.5%, driven by growing demand for high-speed connectivity and smart city developments.

Key Players

The key players operating in the Wi-Fi 6 market are Cisco Systems, Inc. (U.S.), Cypress Semiconductor Corporation (a part of Infineon Technologies AG) (U.S.), Aruba Networks (a part of Hewlett Packard Enterprise Company) (U.S.), D-Link Corporation (Taiwan), Marvell Technology, Inc. (U.S.), KAONMEDIA Co., Ltd. (Korea), Ruckus Wireless, Inc. (a part of Commscope Holding Company, Inc.) (U.S.), Cambium Networks Corporation (U.S.), Linksys Holdings, Inc. (U.S.), AsusTek Computer Inc. (Taiwan), TP-Link Corporation Limited (China), NETGEAR, Inc. (U.S.), Intel Corporation (U.S.), Huawei Technologies Co., Ltd. (a part OF Huawei Investment & Holding Co., Ltd.) (China), and Juniper Networks, Inc. (U.S.).

To gain more insights into the market with a detailed table of content and figures, click here:https://www.meticulousresearch.com/product/wifi-6-market-5238

Key Questions Answered in the Report:

  • Which are the high-growth market segments in terms of device, commercial use, and application?
  • What is the historical market size for Wi-Fi 6 solutions globally?
  • What are the market forecasts and estimates for 2024–2031?
  • What are the major drivers, restraints, opportunities, challenges, and trends in the Wi-Fi 6 market?
  • Who are the major players in the Wi-Fi 6 market, and what are their market shares?
  • What is the competitive landscape like?
  • What are the recent developments in the Wi-Fi 6 market?
  • What are the growth strategies adopted by major market players?
  • What are the trends, and which are the high-growth countries?
  • Who are the local emerging players in the Wi-Fi 6 market, and how do they compete with the other players?

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

Comments

Post a Comment

Popular posts from this blog

The Power Players: 15 Influencing Micro-mobility Market Growth

  The newly published research report on   Micro-mobility Market Report   provides an in-depth comprehension of a rapidly growing market. It offers an extensive market outlook, covering all the major aspects such as Micro-mobility market share, size, trends, projected growth rate, and sales channels. Also, it examines the challenges, opportunities, and prospects for the market. An in-depth analysis of all the major market segments and regions has been provided in the report. Pictorial representations such as tables, graphs, and charts have also been used to help readers comprehend the information easily. Both quantitative and qualitative research methodologies have been used in the study to provide an in-depth market comprehension. It covers crucial information on supply chain challenges and how businesses can deal with them. The research report is a vital resource for stakeholders, investors, and anyone looking to develop effective marketing strategies and stay ahead of ...
Read more

Europe EV Battery Market - Opportunity Analysis And Industry Forecast (2022-2029)

  Meticulous Research®, a prominent market research firm, released a report titled " Europe EV Batteries Market  by Type (Li-ion, Ni-MH, SLA, Ultracapacitors, Solid-state Batteries), Capacity (<50 kWh, 51-100 kWh, 101-300 kWh, >300 kWh), Bonding Type (Wire, Laser), Form, Application, End User, and Country - Forecast to 2029" . The European EV battery market is projected to expand at a compound annual growth rate (CAGR) of 45.8% from 2022, reaching $94.41 billion by 2029 . This growth is primarily fueled by the rising global adoption of electric vehicles, falling battery prices, and the increasing localization of battery production. Additionally, the expanding use of battery-as-a-service presents lucrative growth opportunities for market participants. However, the market's growth may be somewhat hindered by a potential shortage in lithium mining capacity. Additionally, safety concerns related to EV batteries pose a significant challenge to the expansion of t...
Read more

Ventilators Market to be Worth $13.23 Billion by 2031

  Meticulous Research®, a prominent market research firm, released a report titled, ‘ Ventilators Market by Product (Instrument, Catheter, Mask, Tube) Mobility (Intensive Care, Portable) Interface (Invasive, Non-invasive) Age Group (Adult, Neonatal) Mode (Volume, Pressure, Dual) End User (Hospital, ASC, Home Care) – Global Forecast to 2031’. Meticulous Research® predicts that the ventilators market will expand to $13.23 billion by 2031 , growing at a compound annual growth rate (CAGR) of 8.3% between 2024 and 2031. This growth is fuelled by several factors, including the increased availability of intensive care units (ICUs) and ICU beds, higher rates of respiratory diseases, urbanization leading to increased pollution, a growing elderly population, and more instances of preterm births. Nonetheless, obstacles such as the expensive nature of ventilators and the preference for alternative oxygenation therapies hinder market advancement. Rising demand for therapeutic devices for ho...
Read more