Meticulous Research®, a leading authority in global market research, has released a report titled, ‘ Wi-Fi 6 Market Size, Share, Forecast, & Trends Analysis by Device (Mesh Routers, Wireless Access Points, Home Gateways), Commercial Use (Enterprises, Consumers), Application (Consumer Electronics, AR/VR, Retail, Smart Cities, Healthcare), and Geography - Global Forecast to 2031.’

The Wi-Fi 6 market is expected to reach $18.2 billion by 2031, growing at a CAGR of 25.2% from 2024 to 2031. This growth is driven by increasing demand for high-speed internet and the expanding use of Wi-Fi 6 devices in smart home settings. High initial investment costs for Wi-Fi 6 technology could limit growth, but the rise in smart city projects offers new opportunities. Challenges such as data security and privacy issues persist, while the growing number of internet users and connected devices represents a significant trend.

The market is segmented by device type (mesh routers, wireless access points, home gateways, wireless repeaters), commercial use (enterprises vs. consumers), application (consumer electronics, AR/VR, retail, healthcare, manufacturing, smart cities, and others), and geography. The report also includes a detailed analysis of industry competitors and regional market dynamics.

For devices , the Wi-Fi 6 market is divided into mesh routers, wireless access points, home gateways, and wireless repeaters. The wireless access points segment is projected to hold over 41.0% of the market share in 2024, attributed to their capability to handle numerous devices simultaneously. Mesh routers are expected to experience the highest CAGR due to their ability to form a unified Wi-Fi network with multiple nodes, enhancing performance and integrating with smart home systems.

In terms of commercial use , the market is split between enterprises and consumers. The enterprises segment is forecasted to capture over 65.0% of the market share in 2024, driven by the need for robust Wi-Fi solutions in business environments. The consumer segment is anticipated to grow at a faster rate, driven by the benefits of Wi-Fi 6 for improved connectivity and performance.

Application-wise , the market includes consumer electronics, AR/VR, retail, healthcare, manufacturing, smart cities, and other sectors. The consumer electronics segment is expected to dominate with over 32.0% of the market share in 2024, thanks to Wi-Fi 6’s enhancement of device performance. The smart cities segment is projected to grow the fastest, driven by the need for advanced connectivity and data analytics in urban infrastructure.

Geographically , the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to hold over 60.0% of the market share in 2024, due to high adoption rates and supportive government policies. Asia-Pacific is anticipated to experience the highest CAGR of over 21.5%, driven by increasing demand for high-speed internet and smart city developments.

Key Players

The key players operating in the Wi-Fi 6 market are Cisco Systems, Inc. (U.S.), Cypress Semiconductor Corporation (a part of Infineon Technologies AG) (U.S.), Aruba Networks (a part of Hewlett Packard Enterprise Company) (U.S.), D-Link Corporation (Taiwan), Marvell Technology, Inc. (U.S.), KAONMEDIA Co., Ltd. (Korea), Ruckus Wireless, Inc. (a part of Commscope Holding Company, Inc.) (U.S.), Cambium Networks Corporation (U.S.), Linksys Holdings, Inc. (U.S.), AsusTek Computer Inc. (Taiwan), TP-Link Corporation Limited (China), NETGEAR, Inc. (U.S.), Intel Corporation (U.S.), Huawei Technologies Co., Ltd. (a part OF Huawei Investment & Holding Co., Ltd.) (China), and Juniper Networks, Inc. (U.S.).

Download Sample Report Here @  https://www.meticulousresearch.com/download-sample-report/cp_id=5238

Key Questions Answered in the Report:

• Which are the high-growth market segments in terms of device, commercial use, and application?
• What is the historical market size for Wi-Fi 6 solutions globally?
• What are the market forecasts and estimates for 2024–2031?
• What are the major drivers, restraints, opportunities, challenges, and trends in the Wi-Fi 6 market?
• Who are the major players in the Wi-Fi 6 market, and what are their market shares?
• What is the competitive landscape like?
• What are the recent developments in the Wi-Fi 6 market?
• What are the growth strategies adopted by major market players?
• What are the trends, and which are the high-growth countries?
• Who are the local emerging players in the Wi-Fi 6 market, and how do they compete with the other players?

Contact Us:
Meticulous Research®
Email-  sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn-  https://www.linkedin.com/company/meticulous-research