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 6 GHz range, Wi-Fi 6E or Wi-Fi 6 Extended, uses the same technology as Wi-Fi 6, but it operates over a wider range of 6 GHz, from 5.925 GHz to 7.125 GHz. Due to an increase in the number of devices using the 2.4 GHz and 5 GHz bands, Wi-Fi is facing a spectrum constraint. Utilizing this 6 GHz extended-spectrum capacity offers a better future for on-process innovation in linked devices and the Wi-Fi r experience. With faster and more dependable Wi-Fi networks created for skyrocketing device densities and high-bandwidth applications like streaming video, conferencing, and calls, the Wi-Fi 6E standard enhances the 802.11ax network user experience.
During the Covid-19 pandemic the adoption of digital technologies and demand for wireless networking and Wi-Fi 6 and Wi-Fi 6E technology. The virus quickly spread, and the governments of China, Japan, Germany, and the United States imposed harsh government lockdowns on their respective nations. The production of Wi-Fi 6 devices decreased as a result of numerous manufacturers ceasing to make products that utilized the COVID-19 chip. Production levels were restored to normal and soon chip manufacturing resumed in nations where the number of contaminated chip cases was relatively low. The pandemic affected various end-users and industries, creating economic slowdowns, closures of manufacturing industries, and disruptions in the supply chain. Additionally, the pandemic negatively affected several businesses, including manufacturing, retail, consumer electronics, and healthcare. Work from home became essential due COVID-19 virus, which quarantined and closed down cities and nations around the world. In 2020, the "New Deal" plan, KT, a South Korean telecom provider, invested USD 1.5 billion (18 billion won) to install 10,000 new Wi-Fi 6 hotspots.
Wi-Fi 6 Devices are expected to grow throughout the forecast period which can result from the rapid growth of technologies such as self-driving cars, distributed energy grids, and higher public safety regulations driving an ever-increasing demand for connectivity. Governments in several nations are funding smart city initiatives. Smart cities like Barcelona, Vancouver, and Singapore, have shown how technology can transform metropolitan populations. Both 5G and Wi-Fi 6 perform better than their forerunners in terms of capacity, and speed. Wi-Fi 6 is used in high-density areas including malls, stadiums, colleges, and public transit. Cisco predicts that by 2023, there will be 628 million public Wi-Fi hotspots, with Wi-Fi 6 hotspots making up 11% of all public Wi-Fi hotspots. Public Wi-Fi hotspots are quickly expanding across both developed and developing countries due to government initiatives. Wi-Fi 6 improves user experience in crowded areas and addresses new high-bandwidth, low-latency use cases. More data-intensive applications, such as real-time gaming, 4K UHD video streaming, and mobile augmented reality, are made possible by Wi-Fi 6's faster speeds for each user.
Based on market segmentation by Devices, the market for Wi-Fi 6E Devices is primarily driven by the increase in smartphone penetration rate. The mesh routers sector is expected to increase at the greatest CAGR during the period. The market's rapid expansion is based on the capacity to facilitate simple internet access, encourage high mobility, and quickly link numerous devices with routers, each of which has a unique IP address.
Based on market segmentation by Commercial Use, Consumers are anticipated to grow at the highest CAGR during the forecasted period when it comes to commercial use. This market's rapid expansion can be attributed to factors like Wi-Fi 6 technology's advanced data delivery, low latency, advanced wireless performance that enables users to work more efficiently, longer battery life, multi-device connection feature, reduced terminal device power consumption, data transfer speed, and reduced bandwidth congestion.
Based on market segmentation by Application, smart cities are expected to develop at the highest CAGR during the forecasted period. Various services offered by Wi-Fi 6 technology, including real-time information or on-demand entertainment, staff collaboration, easily available network, and device management, and real-time operational and business data collecting, are factors responsible for the strong growth rate of this market.
Based on market segmentation by Region, North America has the largest segment for the WiFi 6E Devices market in 2021 with large significant players in the region. This resulted in the widespread adoption of cutting-edge technologies like Wi-Fi 6 and the demand for Wi-Fi 6 from end-user applications including the construction of smart cities, homes, and businesses is rising. The Asia Pacific region is expected to have a higher CAGR during the forecasted period. Asian markets that help in the development of Wi-Fi 6 products are China, Japan, South Korea, and India. The market for Wi-Fi 6 will benefit from the use of smartphones, tablets, laptops, and Computers. The next-generation wireless frequency bands that these products support provide a full network experience.
Companies playing a leading role in the Global WiFi 6E Devices market profiled in this report are –Broadcom Inc., Qualcomm, Dell, Skyworks Solutions, Intel, NXP Semiconductors N.V., Inc., Qorvo, TP-Link, Hewlett Packard Global soft PVT Ltd, MediaTek, Nordic Semiconductor, Celeno Communications, Realtek Semiconductor, Nokia, Samsung, Huawei, Apple, NETGEAR, Asus, Cisco, D-Link, LinksysLenovo, and Sony Group Corporation.
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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