Meticulous Research®, a leading global market research company, has published a new study 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.’

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According to the report, the Wi-Fi 6 market is projected to reach $18.2 billion by 2031, with a CAGR of 25.2% from 2024 to 2031. This expansion is driven by the increasing need for high-speed internet and the growing adoption of Wi-Fi 6 devices in smart homes. Despite the promising outlook, the high initial costs associated with Wi-Fi 6 technology could hinder market growth. Nonetheless, the rise in smart city investments presents new opportunities for market players. Key challenges include concerns over data security and privacy, while the increasing 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 market competitors and regional trends.

By device , the Wi-Fi 6 market is divided into mesh routers, wireless access points, home gateways, and wireless repeaters. The wireless access points segment is expected to dominate with over 41.0% market share in 2024, due to their ability to support multiple devices without performance degradation. The mesh routers segment is anticipated to grow at the highest CAGR, driven by their ability to create seamless networks with multiple nodes, enhancing performance and supporting smart home devices.

In terms of commercial use , the market is segmented into enterprises and consumers. The enterprises segment is projected to account for over 65.0% of the market share in 2024, reflecting the need for high-performance Wi-Fi in business environments. The consumer segment, however, is expected to grow faster, driven by increasing adoption for its enhanced wireless performance and connectivity.

Application-wise , the market includes consumer electronics, AR/VR, retail, healthcare, manufacturing, smart cities, and other areas. The consumer electronics segment is expected to hold over 32.0% of the market share in 2024, due to Wi-Fi 6’s impact on device performance. The smart cities segment is projected to experience the highest growth rate, driven by the need for advanced connectivity and data analytics in urban settings.

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 widespread adoption and supportive government initiatives. Asia-Pacific is anticipated to grow at the highest CAGR of over 21.5%, driven by rising demand for high-speed connectivity 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.).

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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