Wi-Fi 6 Devices Market-Global Industry Analysis and Forecast 2023-2029

Wi-Fi 6 Devices Market size is expected to reach nearly US $ 32.18 Bn by 2029 with the CAGR of 26.5% during the forecast period.

The Wi-Fi 6 is a next-generation standard in Wi-Fi technology which is also called 802.11 ax WIFI or AX WIFI. These Wi-Fi 6 devices are expected to be commercially available, followed by 6-GHz regulatory approvals.To Know About The Research Methodology :- Request Free Sample Report
Overview:
The scope of the MMR report includes a detailed study of global and regional markets for the Wi-Fi 6 Devices Market with the reasons given for variations in the growth of the industry in certain regions. The global market is expected to gain market growth from 2022-2029 thanks to the increase in technological advancement in various industries such as education, healthcare, transportation and others. The global Wi-Fi 6 devices market is projected to grow owing to the rise in the use of consumer electronics including tablets, laptops, smartphones, and others. However, rising cyber security breaches over wireless device networks might hamper market growth.
Dynamics:
Governments are investing in smart-city projects is expected to create lucrative growth opportunities for companies in the global Wi-Fi 6 devices market.

Globally, many governments are investing in smart-city projects, which allows governments to manage the capitals as per the citizens’ needs. Such as the Indian Government launched in June 2015, the National Smart Cities Mission to grow 100 smart cities across India by 2023 with a USD 14 billion budget. Related projects have been undertaken by many governments across the world. In these smart city projects, several internets of things (IoT) devices like CCTV cameras, smartphones, and others are connected to the internet, which will offer data to the government. Wi-Fi 6 technology can provide high speed internet connectivity to achieve real-time data on these devices.
Segmentation:
The MMR report covers all segments in the global Wi-Fi 6 devices market such as t component, band type, density type, industry. Based on the component, the services segment is expected to account for xx% of the total market share in 2022 and is expected to grow at the highest CAGR of 20.4% during the forecast period. This development is attributed to the need for the companies to plan, install, design, and maintain the services offered by them.The services segment subdivided into network planning and design, installation and support& maintenance. Among these, the network planning and design sub-segment is expected to grow at a CAGR of xx% over 2020-2029 thanks to the necessity for operators to develop a tested system and error-free before the overview into the market. However, the support & maintenance segment occupied the second largest market share of xx% in 2022.
Regional Analysis:
North America Wi-Fi 6 Devices Market was valued at US$ xx Bn. in 2022 and is expected to reach a value of US$ xx Bn. by 2029, with a CAGR of 21.02% during the forecast period. Thanks to a large number of mobile device development of technology, extensive R&D supported by well-rounded funding to start-ups have contributed to providing Wi-Fi 6 Devices Market with a competitive edge. In North America, the U.S. is expected to grow at the largest CAGR of 20.71% during the forecast period.

APAC accounts for the second-highest xx% revenue share contribution to the Wi-Fi 6 devices market thanks to multi-domain application and the presence of a rich network of well-established companies in APAC like Panasonic and Huawei.
Key Development:
The MMR reports analyzes key developments in the global Wi-Fi 6 devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies like product launches, product approvals and others. For Example, in April 2021, Cisco company launched Wi-Fi 6 enabled Catalyst 9600 series, a switch gears and wireless networking access points for the enterprise . As per the Cisco, these new products will expand network coverage and speed with improved security.

In Feb 2021, Huawei Company launched Air Engine Wi-Fi 6 products that speed up the capacity of corporate houses to present fully powered office networks with air-interface data rates as high as 10.75 Gbps.

The report also helps in understanding Global Wi-Fi 6 Devices Market dynamics, structure by analyzing the market segments and project the Global Wi-Fi 6 Devices Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.
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Global Wi-Fi 6 Devices Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 6.20 Bn.


Forecast Period 2023 to 2029 CAGR:
26.5%
Market Size in 2029:
US $ 32.18 Bn.


 Segments Covered:
by Component
Solution
Service


by Band Type
Single Band
Dual Band
TriBand


by Density Type
Short Range
Long Range


by Industry
Commercial
Defense



Wi-Fi 6 Devices Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Wi-Fi 6 Devices Market Key Players are:
1. ADTRAN, Inc.
2. Aerohive Networks
3. Aruba Networks (Hewlett Packard Enterprise)
4. Cisco Systems, Inc. (including Cisco Meraki)
5. Extreme Networks Inc.
6. Fortinet
7. Huawei Technologies Co., Ltd.
8. Mojo Networks, Inc.
9. Riverbed Technology, Inc.
10.Cambium Networks, Ltd.
11.Ruckus Networks
12.TP-Link Technologies Co., Ltd.
13.Ubiquiti Networks
14.Others
Frequently Asked questions
1. What is the market size of the Global Wi-Fi 6 Devices Market in 2022?
Ans. The market size mlobal market in 2022 was US$ 6.20 Billion.

2. What are the different segments of the Global Wi-Fi 6 Devices Market?
Ans. The global market is divided into Component, Type and Industry.

3. What is the study period of this market?
Ans. The Global Wi-Fi 6 Devices Market will be studied from 2022 to 2029.

4. Which region is expected to hold the highest global market share?
Ans. The Asia Pacific dominates the market share in the  market.

5. What  is the Forecast Period of Global Wi-Fi 6 Devices Market?
Ans. The Forecast Period of the market is 2023-2029 in the market.