As per our research report, the global WiFi 6E Devices market size is estimated to be growing at a CAGR of 14.9% from 2023 to 2030.
The current COVID-19 epidemic has accelerated digital technology adoption and boosted demand for wireless networking, Wi-Fi 6, and Wi-Fi 6E technology. The governments of China, Japan, Germany, and the United States had to implement strict government lockdowns in their respective countries as a result of the virus' fast spread. Due to several companies no longer producing goods that made use of the COVID-19 chip, there was a drop in the total output of Wi-Fi 6 devices. However, production levels returned to normal as soon as chip fabrication began in countries where the proportion of compromised chip cases was minimal. Several end-verticals saw major expenditures and technological advancements as a result of the COVID-19 pandemic outbreak in 2020. The COVID-19 pandemic had an impact on a variety of end users and sectors, including supply chain disruptions, manufacturing industry closures, and economic slowdowns. The pandemic also had a bad effect on several industries, including manufacturing, retail, healthcare, and consumer electronics. However, the COVID-19 pandemic mostly had a positive impact on the Wi-Fi 6 market. During the COVID-19 epidemic, a lot of individuals started doing their work, learning, and amusing themselves at home. Globally, the home network environment was greatly clogged by virtual reality-capable online gaming gadgets, linked kitchen appliances, and sports equipment for live-streaming workouts. The COVID-19 virus, which quarantined and locked down towns and countries all over the world, has made working from home necessary. Numerous IT and BPO firms have been working hard in recent years to make it easier for their personnel to feel comfortable working remotely. The availability of dedicated networks and fiber optics has led to an increase in internet traffic worldwide, which is shifting from businesses to residences. A South Korean telecom company, KT, committed USD 1.5 billion (18 billion won) in 2020 to set up 10,000 new Wi-Fi 6 hotspots as part of the Korean government's "New Deal" strategy. In response to the COVID-19 pandemic, the Korean government invested in infrastructure to reduce the financial burden of household communication costs and increase access to information for the digitally underprivileged. Public Wi-Fi was set up in public spaces and on public transportation nationwide. In support of this initiative, Wi-Fi 6 hotspots will be installed in island areas, community centers, public health facilities, libraries, terminals, bus stops, etc.
In response to the increased need to connect more devices to the network, Wi-Fi 6E will enable companies and service providers to offer new and developing applications while preserving each connected device's performance at its peak. By providing more contiguous channel capacity and enabling an ever-increasing number of devices at unheard-of speeds, Wi-Fi 6E's introduction addresses issues with Wi-Fi spectrum shortage. To deliver stable, rapid access throughout a home or business complex, any Wi-Fi 6E network utilized in the real world would likely use both the 6GHz and 5GHz bands. Future Wi-Fi 6E networks may also employ one or more Wi-Fi 6E repeaters in addition to a core Wi-Fi 6E router to create a wireless mesh network that delivers the promised performance of Wi-Fi 6E even in large homes or office buildings with multiple obstacles.
As a consequence of the quick development of technologies like as self-driving vehicles, distributed energy grids, and stricter public safety rules driving an ever-increasing need for connection, the market for Wi-Fi 6 Devices is predicted to expand throughout the course of the forecast period. Initiatives for smart cities are being funded by governments in several countries, allowing them to allocate resources based on the needs of the population. Wi-Fi 6 Devices will encourage a wave of cutting-edge technologies, including artificial intelligence (AI), the Internet of Things (IoT), edge computing, blockchain, and enhanced video analytics, guaranteeing that cities are prepared to handle difficulties in the future. For instance, smart cities like Barcelona, Vancouver, and Singapore have demonstrated how technology can change urban populations. Wi-Fi 6 and 5G both outperform their predecessors in terms of capacity, speed, and latency. Wi-Fi 6 is designed for high-density locations including shopping centers, stadiums, colleges, and transportation systems.
When there is a growing demand to add more devices to the network, network traffic increases. Worldwide, businesses want faster speeds to support commercial applications, and more devices need more bandwidth. It is critically important to enhance the quantity of spectrum that is accessible due to the global growth of devices. Wi-Fi 6 technology has solved these challenges by building efficient networks and making it easier to connect a range of devices with various bandwidth requirements to Wi-Fi. Because of characteristics including faster data transfer rates, excellent performance in environments with many connected devices, and improved battery efficiency, the market for Wi-Fi 6 devices is growing. By 2023, Cisco projects that there will be 628 million public Wi-Fi hotspots, 11% of which will be Wi-Fi 6 hotspots. Government initiatives have led to a fast expansion of public Wi-Fi hotspots in both developed and developing nations. Additionally, Wi-Fi 6 targets new high-bandwidth, low-latency use cases and enhances user experience in congested locations. Wi-Fi 6's quicker speeds for each user enable more data-intensive applications like real-time immersive gaming, 4K UHD video streaming, and mobile augmented reality.
Wi-Fi 6E is the most significant extension of unlicensed airwaves to date thanks to the inclusion of the 6 GHz band and greatly expanded Wi-Fi capacity. Because they are just 50 MHz apart, the 6 GHz and 5 GHz bands of Wi-Fi 6E provide a challenge. Traditional filtering equipment cannot adequately separate the two channels because the design calls for a greater distance between the two bands. Additionally, using that outdated technology would restrict the 6 GHz deployment's flexibility. Because they can block up to 30% of 6 GHz channels in EMEA and 10% of 6 GHz channels in North America, conventional bandpass filters are insufficient. They are excessively rough, as well. Radio frequency filtering technology must advance to become more accurate and dynamic to successfully eliminate interference issues and improve channel utilization.
Based on the devices, In comparison to Wi-Fi 5, Wi-Fi 6 offers several enhancements, including optimized access to several sensors and other devices. This facilitates environment scaling, which keeps operations functioning smoothly. Smartphone makers are building Wi-Fi 6 chipsets into their devices and investing a lot of money in R&D to increase the Wi-Fi 6 connectivity's capabilities and speeds. The global market for Wi-Fi 6E Devices is primarily driven by the rising smartphone penetration rate. The mesh routers sector is anticipated to increase at the greatest CAGR during the forecast period.
Based on commercial use, Consumers are anticipated to grow at the highest CAGR during the projected period when it comes to commercial use.
Based on the application, the sector for smart cities is anticipated to develop at the highest CAGR during the projected period. Numerous services offered by Wi-Fi 6 technology, including real-time travel information or on-demand entertainment, staff collaboration, simplified network, and device management, and real-time operational and business data collecting, are responsible for the strong growth rate of this market.
Based on the region, North America led the WiFi 6E Devices market in 2021 due to a large number of significant players in the region. The Asia Pacific region is anticipated to have the greatest CAGR during the projection period.
Companies playing a leading role in the global WiFi 6E Devices market profiled in this report are Broadcom Inc., Qualcomm, Intel, NXP Semiconductors N.V., Inc., Qorvo, and Hewlett Packard Global soft PVT Ltd.
Mesh Routers
Wireless Access Points
Home Gateways
Wireless Repeaters
Enterprises
Consumers
Consumer Electronics
AR/VR
Retail
Healthcare
Manufacturing
Smart Cities
Other Applications
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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