Demand for high-speed wireless connectivity owing to benefit of instant network traffic routing offered by Wi-Fi 6 is a key factor driving market revenue growth

VANCOUVER, BC, CANADA, November 10, 2022 /EINPresswire.com/ -- The global 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. 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.

For the past decade, electronic and communication technologies have been quickly advancing, and the Wi-Fi 6 devices market is expected to continue to grow. Consumers and enterprises with unique router and device requirements are already attracting innovative features from companies like Cisco. According to Cisco, by 2023, the number of Wi-Fi hotspots will have surpassed 600 million, a nearly fourfold increase from 2018. Users desire faster Internet speeds at home and in public venues like airports, stadiums, malls, and other congested areas, a factor that could boost the Wi-Fi 6 device market.

Smartphones, computer devices, routers, and other smart items that use Wi-Fi 6 technology are currently pricey and not accessible for mid-range products. Wi-Fi 6 devices are being developed for a specific market and will take a few years to overtake the Wi-Fi 5 category. Furthermore, to fully enjoy Wi-Fi 6, users will require a Gigabit-class broadband connection.

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Current devices have a shorter range than the 5GHz network, which could result in signal interruptions if there is an impediment between the router and the device. Such factors can restrain market growth in the short term. Nonetheless, developers in the Wi-Fi 6 device market are currently concentrating on product development and enhanced design in order to match market demand and make it widely accessible.

Some Key Highlights From The Report:

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.

Some of the prominent players in the Wi-Fi 6 devices market include 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.

What Questions Should You Ask before Buying a Market Research Report?

How is the Wi-Fi 6 Devices market evolving?

What is driving and restraining the Wi-Fi 6 Devices market?

How will each Wi-Fi 6 Devices submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?

How will the market shares for each Wi-Fi 6 Devices submarket develop from 2022 to 2030?

What will be the main driver for the overall market from 2022 to 2030?

Will leading Wi-Fi 6 Devices markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?

Who are the leading players and what are their prospects over the forecast period?

What are the Wi-Fi 6 Devices projects for these leading companies?

How will the industry evolve during the period between 2020 and 2030? What are the implications of Wi-Fi 6 Devices projects taking place now and over the next 10 years?

Is there a greater need for product commercialisation to further scale the Wi-Fi 6 Devices market?

Where is the Wi-Fi 6 Devices market heading and how can you ensure you are at the forefront of the market?

What are the best investment options for new product and service lines?

What are the key prospects for moving companies into a new growth path and C-suite?

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You need to discover how this will impact the Wi-Fi 6 Devices market today, and over the next 10 years:

Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.

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This report tells you Today how the Wi-Fi 6 Devices market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

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

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Regional Outlook (Revenue: USD Billion; 2018-2028)
North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

BENELUX

Rest of Europe

Asia Pacific

China

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

MEA

Saudi Arabia

UAE

Rest of MEA

Forecasts to 2030 and other analyses reveal commercial prospects

In addition to revenue forecasting to 2030, our new study provides you with recent results, growth rates, and market shares.

You will find original analyses, with business outlooks and developments.

Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Wi-Fi 6 Devices prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

How will the Wi-Fi 6 Devices Market, 2022 to 2030 report help you?

In summary, our 250-page report provides you with the following knowledge:

Revenue forecasts to 2030 for Wi-Fi 6 Devices Market, 2022 to 2030 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.

Revenue forecasts to 2030 for four regional and 20 key national markets – See forecasts for the Wi-Fi 6 Devices Market, 2022 to 2030 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.

Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Wi-Fi 6 Devices Market, 2022 to 2030.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

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With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Wi-Fi 6 Devices Market, 2022 to 2030, market-leading companies. You will find data, trends and predictions.

The content of each profile differs, depending on the organization. In general, a profile gives the following information:

Overview of the company’s Wi-Fi 6 Devices products & services

Analysis of recent financial performance–annual revenue of the companies

Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations

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