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Wi-Fi 6 Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5929212

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.

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]

  • Indoor
  • Outdoor

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

The publisher 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: The publisher 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,the publisher 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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Table of Contents

1. Executive Summary
2. Global Wi-Fi 6 Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Wi-Fi 6 Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Wi-Fi 6 Market by Location Type
3.3.1: Indoor
3.3.2: Outdoor
3.4: Global Wi-Fi 6 Market by Offering
3.4.1: Hardware
3.4.2: Solution
3.4.3: Service
3.5: Global Wi-Fi 6 Market by Application
3.5.1: Immersive Technologies
3.5.2: HD Video Streaming and Video Streaming
3.5.3: Smart Home Devices
3.5.4: IoT and Industry 4.0
3.5.5: Telemedicine
3.5.6: Public Wi-Fi and Dense Environments
3.5.7: Others
3.6: Global Wi-Fi 6 Market by End Use Industry
3.6.1: Retail and Ecommerce
3.6.2: Government and Public Sector
3.6.3: Manufacturing
3.6.4: Media and Entertainment
3.6.5: Healthcare and Life Sciences
3.6.6: Transportation and Logistics
3.6.7: Travel and Hospitality
3.6.8: Education
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Wi-Fi 6 Market by Region
4.2: North American Wi-Fi 6 Market
4.2.1: North American Wi-Fi 6 Market by 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
4.3: European Wi-Fi 6 Market
4.3.1: European Wi-Fi 6 Market by Location Type: Indoor and Outdoor
4.3.2: European Wi-Fi 6 Market by 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
4.4: APAC Wi-Fi 6 Market
4.4.1: APAC Wi-Fi 6 Market by Location Type: Indoor and Outdoor
4.4.2: APAC Wi-Fi 6 Market by 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
4.5: ROW Wi-Fi 6 Market
4.5.1: ROW Wi-Fi 6 Market by Location Type: Indoor and Outdoor
4.5.2: ROW Wi-Fi 6 Market by 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
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Wi-Fi 6 Market by Location Type
6.1.2: Growth Opportunities for the Global Wi-Fi 6 Market by Offering
6.1.3: Growth Opportunities for the Global Wi-Fi 6 Market by Application
6.1.4: Growth Opportunities for the Global Wi-Fi 6 Market by End Use Industry
6.1.5: Growth Opportunities for the Global Wi-Fi 6 Market by Region
6.2: Emerging Trends in the Global Wi-Fi 6 Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Wi-Fi 6 Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Wi-Fi 6 Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Cisco Systems
7.2: Qualcomm Technologies
7.3: Broadcom
7.4: Intel
7.5: Huawei technologies

Companies Mentioned

  • Cisco Systems
  • Qualcomm Technologies
  • Broadcom
  • Intel
  • Huawei technologies

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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