Wi-Fi 6 Devices Market Revenue, Key Companies, Growth Factors, Trends, Forecast To 2028

Market Size – USD 4,472.9 Million in 2020, Market Growth – at a CAGR of 25.1%, Market Trends – Increasing IoT devices and connectivity demands for large number of devices

Wi-Fi 6 devices market size is expected to reach USD 27.42 Billion in 2028, and register a CAGR of 25.1% during the forecast period.The today's report, Wi-Fi 6 Devices market permits stakeholders to advantage insights into their capacity customers to construct extra powerful advertising and marketing techniques for the forecast period, 2021 to 2028. Most importantly, the report empowers business owners to seek information about potential customers and in which they could discover them. With an different coverage of the top vendors, the study permits business owners to recognize more about the local market and find capacity customers.

Market revenue growth is primarily driven by rising demand for high-speed wireless connectivity owing to benefits of instant network traffic routing offered by Wi-Fi 6. These devices are effective for even remote devices in crowded networks. Wi-Fi 6 provides reliable connectivity solutions, to a very large network traffic volume, thereby allowing for higher number of smartphones, laptops, cameras, displays, smart speakers, and other Internet of Things (IoT) and personal devices to be seamlessly connected and communicate with each other.

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Further key findings from the report suggest

  • Private segment revenue is expected to register fastest growth rate during the forecast period. Enhancements offered by Wi-Fi 6 devices in 2.4-Ghz band is providing major benefits to residential users contributing to the growth of this segment.
  • Healthcare segment accounted for a significant large revenue share among other application segments in the global Wi-Fi 6 devices market in 2020. In hospitals, Wi-Fi 6 devices are able to provide smooth and high-speed connectivity to a number of devices, which makes Wi-Fi 6 devices very desirable in the healthcare setup.
  • North America accounted for a dominant revenue share over other regional markets in the global Wi-Fi 6 devices market in 2020.
  • Wi-Fi 6 devices market in Asia Pacific is expected to register fastest revenue growth rate over the forecast period due to increasing investments in smart city development projects in countries such as China, Australia, and India.

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Report Objective:

The report offers a complete analysis of the global Wi-Fi 6 Devices market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as MA acquisition, partnerships, joint ventures, license agreement and collaborations. Fortinet Ruckus Networks, ADTRAN Inc., TP-Link Technologies Co. Ltd., Mojo Networks Inc., Ubiquiti Inc., Huawei Technologies Co. Ltd., Dell Technologies, and Hewlett Packard Enterprise Development LP. and others are some of the top companies profiled in the report.

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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For the purpose of this report, Emergen Research has segmented the global Wi-Fi 6 devices market on the basis of component, usage type, application, and region:

Component Outlook (Revenue, USD Billion; 2018–2028)

  • Controller/Switch
  • Gateways/Routers
  • Access Points
  • Others

Usage Type Outlook (Revenue, USD Billion; 2018–2028)

  • Public
  • Private

Application Outlook (Revenue, USD Billion; 2018–2028)

  • Education
  • Healthcare
  • Retail
  • Automotive Transportation
  • Government
  • Sports Leisure
  • Hospitality
  • Others

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

The report addresses the following key points:

  • The report provides a forecast of market drivers, restraints, and future opportunities for the Wi-Fi 6 Devices market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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