Wi-Fi 6 Market Report: Trends, Forecast and Competitive Analysis to 2030
Wi-Fi 6 Trends and Forecast
The future of the global Wi-Fi 6 market looks promising with opportunities in the retail and ecommerce, government and public sector,manufacturing, media and entertainment, healthcare and life sciences, transportation and logistics, travel and hospitality, education, and residential markets. The global Wi-Fi 6 market is expected to reach an estimated $35.2 billion by 2030 with a CAGR of 16.9% from 2024 to 2030. The major drivers for this market are growing number of internet users, increasing need for faster and secure network, and expanding adoption of IoT devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Wi-Fi 6 by Segment
The study includes a forecast for the global Wi-Fi 6 by location type, offering, application, end use industry, and region.
Wi-Fi 6 Market by Location Type [Shipment Analysis by Value from 2018 to 2030]:
Wi-Fi 6 Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
- Hardware
- Solution
- Service
Wi-Fi 6 Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Immersive Technologies
- HD Video Streaming and Video Streaming
- Smart Home Devices
- IoT and Industry 4.0
- Telemedicine
- Public Wi-Fi and Dense Environments
- Others
Wi-Fi 6 Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
- Retail and Ecommerce
- Government and Public Sector
- Manufacturing
- Media and Entertainment
- Healthcare and Life Sciences
- Transportation and Logistics
- Travel and Hospitality
- Education
- Residential
- Others
Wi-Fi 6 Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Wi-Fi 6 Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies Wi-Fi 6 companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the Wi-Fi 6 companies profiled in this report include-
- Cisco Systems
- Qualcomm Technologies
- Broadcom
- Intel
- Huawei technologies
Wi-Fi 6 Market Insights
Lucintel forecasts that outdoor is expected to witness the highest growth over the forecast period.
Within this market, education will remain the largest segment.
North America will remain the largest region over the forecast period.
Features of the Global Wi-Fi 6 Market
Market Size Estimates: Wi-fi 6 market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wi-fi 6 market size by various segments, such as by location type, offering, application, end use industry, and region in terms of value ($B).
Regional Analysis: Wi-fi 6 market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different location types, offerings, applications, end use industries, and regions for the Wi-Fi 6 market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the Wi-Fi 6 market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the Wi-Fi 6 market size?
Answer: The global Wi-Fi 6 market is expected to reach an estimated $35.2 billion by 2030.
Q2. What is the growth forecast for Wi-Fi 6 market?
Answer: The global Wi-Fi 6 market is expected to grow with a CAGR of 16.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the Wi-Fi 6 market?
Answer: The major drivers for this market are growing number of internet users, increasing need for faster and secure network, and expanding adoption of IoT devices.
Q4. What are the major segments for Wi-Fi 6 market?
Answer: The future of the Wi-Fi 6 market looks promising with opportunities in the retail and ecommerce, government and public sector,manufacturing, media and entertainment, healthcare and life sciences, transportation and logistics, travel and hospitality, education, and residential markets.
Q5. Who are the key Wi-Fi 6 market companies?
Answer: Some of the key Wi-Fi 6 companies are as follows:
- Cisco Systems
- Qualcomm Technologies
- Broadcom
- Intel
- Huawei technologies
Q6. Which Wi-Fi 6 market segment will be the largest in future?
Answer: Lucintel forecasts that outdoor is expected to witness the highest growth over the forecast period.
Q7. In Wi-Fi 6 market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the Wi-Fi 6 market by location type (indoor and outdoor), offering (hardware, solution, and service), application (immersive technologies, hd video streaming and video streaming, smart home devices, IoT and industry 4.0, telemedicine, public wi-fi and dense environments, and others), end use industry (retail and ecommerce, government and public sector, manufacturing, media and entertainment, healthcare and life sciences, transportation and logistics, travel and hospitality, education, residential, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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