A report from Meticulous Research® 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’ has projected that the Wi-Fi 6 market will grow at a CAGR of 25.2% from 2024 to 2031, reaching a valuation of $18.2 billion by 2031.

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The increasing adoption of Wi-Fi 6 technology across various sectors, driven by its ability to support high-speed data transfer , improved efficiency, and better management of multiple connected devices, is a key growth factor. However, the high cost of upgrading to Wi-Fi 6 infrastructure may hinder adoption. Despite this, the growing focus on smart cities and smart home applications presents vast opportunities, even as challenges around data security continue to emerge.

The market is segmented by device type , commercial use , application , and geography , offering in-depth insights into each category.

Device Segment: In the device category, mesh routers, wireless access points, home gateways , and wireless repeaters are analyzed. Wireless access points are expected to dominate the market by 2024, with a 41.0% share . These devices are integral to providing fast, secure connections in both commercial and consumer environments, especially in areas with many users.

Mesh routers , however, are expected to grow the fastest, thanks to their ability to provide seamless coverage across large spaces, making them ideal for smart home environments where multiple devices need consistent, reliable connectivity.

Commercial Use Segment: In terms of commercial use, the market is divided into enterprises and consumers . Enterprises are forecast to hold the largest share of the market in 2024, accounting for 65.0% of revenue. The growing reliance on cloud-based applications and the Internet of Things (IoT) for daily operations is driving the adoption of Wi-Fi 6 in enterprises.

The consumer segment , however, is expected to witness the highest growth rate. Increasingly, consumers are adopting Wi-Fi 6-enabled devices to manage multiple smart home technologies, from smart speakers to home security systems , all of which require fast, reliable internet connections to function optimally.

Application Segment: The consumer electronics segment is expected to account for 32.0% of the market by 2024, driven by the rising demand for high-performance devices that rely on fast, reliable Wi-Fi for smooth operation. This segment includes smartphones, laptops, gaming consoles , and other home electronics .

The smart cities segment is anticipated to grow at the highest CAGR during the forecast period. As smart city projects expand, Wi-Fi 6 is becoming essential to support connected infrastructure, including smart traffic systems , energy management systems, and public Wi-Fi networks .

Geographic Analysis: Regionally, North America is expected to lead the global market with a 60.0% market share by 2024, fueled by the early adoption of Wi-Fi 6 in industries such as retail , smart homes , and enterprise solutions .

Meanwhile, the Asia-Pacific region is set to experience the fastest growth, driven by increasing investments in smart city projects , the rising number of connected devices , and government initiatives to improve internet infrastructure . Countries like China , Japan , and India are expected to be at the forefront of this growth, with significant focus on expanding high-speed internet to meet the demands of both urban and rural populations.

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.).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/wifi-6-market-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?

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