Wi-Fi 6 Industry Growth Expected to Reach $34.4 Billion by 2029 at a CAGR of 102.26% | Segmentation and Growth Opportunities
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#What Is the Forecast for the Wi-Fi 6 Market Growth in 2025?#_x000D_
The expansion of the Wi-Fi 6 market has surged notably in the past few years. The market’s size is predicted to escalate from $23.13 billion in 2024 to $31.34 billion in 2025, reflecting a compound annual growth rate (CAGR) of 35.5%. This significant growth during the historic period can be accredited to the rise in the count of interconnected gadgets, augmented demand for enhanced data transmission speeds, the escalating use of bandwidth-demanding applications, concerns of congestion and interference within Wi-Fi networks, changing patterns in internet usage, and the proliferation of multimedia streaming._x000D_
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#What Is the Forecast for the Wi-Fi 6 Market Size Through 2029?#_x000D_
In the coming years, the Wi-Fi 6 market is set to expand significantly. Its value is projected to reach $102.27 billion by 2029, growing at a compound annual rate of 34.4%. This predicted surge during the projection period can be associated with a number of factors such as increasing usage of IoT devices and smart home applications, the rapid incorporation of Wi-Fi 6 in enterprise settings, 5G network growth and its amalgamation with Wi-Fi 6, higher demand for high-speed and low-latency connectivity, and improved security measures in Wi-Fi 6 standards. Some of the emerging trends during this projection period are the use of orthogonal frequency division multiple access (OFDMA), a rise in the application of mu-mimo (multi-user, multiple input, multiple output) technology, a gradual increase in the installation of Wi-Fi 6 in public places and venues, integration of Wi-Fi 6 into Wi-Fi mesh networks, and the creation of Wi-Fi 6e to accommodate a wider spectrum usage in the 6 GHz band._x000D_
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Major companies operating in the Wi-Fi 6 market include Cisco Systems Inc., Intel Corporation, Huawei Technologies Co. Ltd., NETGEAR Inc., Juniper Networks Inc., Qualcomm Technologies Inc., Broadcom Inc., Extreme Networks Inc., Ubiquiti Inc., Fortinet Inc., Aruba Networks, NXP Semiconductors N. V., American Telephone and Telegraph Company, D-Link Corporation, Alcatel-Lucent Enterprise, TP-Link Technologies Co. Ltd., MediaTek Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Aerohive Networks Inc., Ruckus Networks, Zhongxing Telecommunication Equipment Corporation (ZTE), Nippon Electric Company Corporation (NEC), Nokia Corporation, Ericsson AB, Mist Systems, Cambium Networks Corporation, CommScope Inc., Hewlett Packard Enterprise Company_x000D_
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Public Wi-Fi deployment acceleration is anticipated to drive the Wi-Fi 6 market growth. Such hotspot locations are now so prevalent that automatic connections are typical. Wi-Fi availability in numerous locales like hotels, shopping centers, cafes, and restaurants allows users to surf the internet for free. Wi-Fi 6, due to its theoretical superior speed, is seen as the coming standard. For example, the Wi-Fi Alliance, an American Wi-Fi company, noted in January 2022 that the demand for efficient and secure Wi-Fi skyrocketed due to 6 GHz regulatory clearances, and remote hybrid working situations. This led to approximately 18 billion devices being in circulation and 4.4 billion units being delivered. Given this achievement, the WiFi Alliance is ready to delve into major connectivity trends. Thus, as the growth of public Wi-Fi deployment increases, so too should the demand for Wi-Fi 6._x000D_
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The Wi-Fi 6 market covered in this report is segmented –_x000D_
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1) By Offering: Hardware, Solution, Services_x000D_
2) By Devices: Mesh Routers, Wireless Access Points, Home Gateways, Wireless Repeaters_x000D_
3) By Commercial Use: Enterprises, Consumers_x000D_
4) By End Users: Education, Retail And E-Commerce, Healthcare, Government, Hospitality, Transportation And Logistics, Manufacturing, Consumer Electronics, Augmented reality and Virtual Reality (AR Or VR), Smart Cities_x000D_
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Subsegments:_x000D_
1) By Hardware: Routers And Access Points, Network Interface Cards (Nics), Antennas_x000D_
2) By Solution: Network Management Software, Security Solutions, Cloud-Based Wi-Fi Solutions_x000D_
3) By Services: Consulting Services, Installation And Deployment Services, Support And Maintenance Services_x000D_
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Leading businesses in the Wi-Fi 6 market are releasing wireless access points to improve connectivity, boost network functioning, and meet the rising need for fast internet in different settings, including homes, workplaces, and public areas. Wireless access points (WAPs) are network gadgets that allow wireless-capable devices to access a wired network using Wi-Fi or comparable standards. This facilitates the novel 6 GHz band, offering access to a less crowded spectrum, thereby augmenting performance and minimizing interference. For example, in July 2023, Finland’s IT security firm, Sophos Ltd, unveiled the AP6 Series, featuring Wi-Fi 6 and 6E access points. The AP6 840E model facilitates the new 6 GHz band, enabling access to a less saturated spectrum, which bolsters performance and mitigates interference. Models such as the AP6 420 and AP6 840 function on the conventional 2.4 GHz and 5 GHz bands, while the ‘E’ variants include support for the 6 GHz band._x000D_
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North America was the largest region in the Wi-Fi 6 market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the Wi-Fi 6 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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#This Report Delivers Insight On: #_x000D_
1. How big is the wi-fi 6 market, and how is it changing globally?_x000D_
2. Who are the major companies in the wi-fi 6 market, and how are they performing?_x000D_
3. What are the key opportunities and risks in the wi-fi 6 market right now?_x000D_
4. Which products or customer segments are growing the most in the wi-fi 6 market?_x000D_
5. What factors are helping or slowing down the growth of the wi-fi 6 market?_x000D_
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