Global Wi-Fi 6 Market by Devices (Mesh Routers, Access Points, Home Gateways, Repeaters), Commercial Use (Enterprises, Consumers), Application (Consumer Electronics, Healthcare, Manufacturing, Smart Cities, AR/VR, Others), and Regions (Asia Pacific, Europe, North America, Middle East & Africa, and Latin America) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Wi-Fi 6 Market

The rising demand for high-speed internet connections, the growing number of internet users and devices, and the rising adoption of Wi-Fi 6 Devices across various smart home applications are the major factors driving the market's growth. Furthermore, rising investments in smart city projects and ongoing Wi-Fi standard upgrades provide significant growth opportunities for players in the Wi-Fi 6 market.

Drivers: Wi-Fi 6 Market

The Driving Factors of Wi-Fi 6 Market are rising demand for water treatment globally, as well as rising awareness of the importance of purifying drinking water in developing regions. Legislation influences the demand for water treatment chemicals and technology.

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Restraints: Wi-Fi 6 Market

The global submarine cable system market is likely to be hampered by high repair and maintenance costs, as well as fishing and shipping activities. Natural disasters and entry barriers to start-ups and small businesses could also stymie growth. Regardless of the constraints, the global submarine cable system market is expected to expand at a rapid pace due to rapid global modernization and digitalization.

Impact of COVID-19

The emergence of the COVID-19 pandemic in 2020 had a significant impact on investments and technological advancements in a variety of end-verticals. The COVID-19 pandemic impacted several end-users and industries, causing economic slowdowns, manufacturing industry closures, and supply chain disruptions. In addition, the pandemic had a significant impact on the consumer electronics, healthcare, manufacturing, and retail industries. The COVID-19 pandemic, on the other hand, had a net positive impact on the Wi-Fi 6 market.

Segmentation by Device

Based on devices, the mesh routers segment is projected to grow at the highest CAGR during the forecast period. This segment's rapid growth can be attributed to its ability to provide easy internet access, promote high mobility, and easily connect multiple devices with routers, each with a unique IP address.

To support the adoption of Wi-Fi 6 technology, public and private networking product providers have begun developing Wi-Fi 6 routers. NETGEAR, Inc., for example, created the Nighthawk Pro Gaming XR1000 Wi-Fi 6 Gaming Router, which leverages the power of DumaOS 3.0, an operating system designed for gamers and streamers of all skill levels. The router provides the user with dependable wired and wireless connectivity for fast-paced gaming as well as consistent upload speeds for content creation.

Segmentation by commercial use

Based on commercial use, the consumers segment is expected to grow at the highest CAGR during the forecast period. This segment's rapid growth can be attributed to factors such as improved data delivery, low latency, improved wireless performance allowing users to work more efficiently, increased battery life, multi-device connection feature, reduced terminal device power consumption, higher data transfer speed, and less bandwidth congestion provided by Wi-Fi 6 technology.

Segmentation by Application:

By Application, the global Wi-Fi 6 Market is segmented into adsorption, desiccation, catalysis, and other functions. The adsorption segment is expected to account for the majority of the Wi-Fi 6 Market in 2021. This segment's large share can be attributed to rising demand for decontaminated water across various industries, stringent regulatory and sustainability mandates, and a strong emphasis on providing potable water to developing countries' large populations.

Segmentation by Region

Wi-Fi 6 technology has been widely adopted in China, Japan, India, and South Korea. The development of highly advanced Wi-Fi 6 devices with high-speed data, longer battery life, and widespread Wi-Fi coverage has encouraged a variety of public and private companies throughout the region to adopt Wi-Fi 6 technology.

Competitive Landscape:

Cisco Systems, Inc., Cypress Semiconductor Corporation, Aruba Networks, D-Link Corporation, Marvell Technology, Inc., KAONMEDIA Co., Ltd., Ruckus Wireless, Inc., Cambium Networks Corporation, Linksys Holdings, Inc., AsusTek Computer Inc., TP-Link Corporation Limited, NETGEAR, Inc., Intel Corporation, Huawei Technologies Co., Ltd., and Juniper Networks, Inc.

Industrial Development:

In March 2021, NETGEAR Inc. released the Nighthawk RAX20 Wi-Fi 6 Router, a Wi-Fi 6 device. This router is compatible with two different bands: 2.4GHz and 5GHz. The router is Wi-Fi 6 certified. It is equipped with a quad-core processor and the WPA3 security protocol.

Qualcomm Technologies, Inc. released two new Wi-Fi 6 products in May 2020: Qualcomm FastConnect 6900 and Qualcomm FastConnect 6700. These advancements allow Qualcomm Technologies, Inc. to differentiate itself from competitors by offering a communication portfolio that accelerates smartphone adoption.

Market taxonomy

By Device

• Mesh Routers
• Wireless Access Points
• Home Gateways
• Wireless Repeaters

By Commercial

• Enterprises

• Consumers

By Application

• Consumer Electronics
• AR/VR
• Retail
• Healthcare
• Manufacturing
• Smart Cities
• Other Applications

By region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa