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Forecasts and Trends Analysis of the Wi-Fi 6 Market: Size and Share

Forecasts indicate that the Wi-Fi 6 Market will grow to $18.2 billion by 2031, with a CAGR of 25.2% from 2024 to 2031.<br><br>

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Forecasts and Trends Analysis of the Wi-Fi 6 Market: Size and Share

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  1. Wi-Fi 6 Market to be Worth $18.2 Billion by 2031

  2. Global Wi-Fi 6 Market – 2016-2022 Meticulous Research®, a renowned global market research firm, 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 forecasted to grow to $18.2 billion by 2031, with a CAGR of 25.2% from 2024 to 2031. This growth is driven by rising demands for high-speed internet and the increased use of Wi-Fi 6 devices in smart homes. High initial investment costs pose a challenge, but opportunities arise from smart city projects. Challenges such as data security and privacy concerns persist, while the growing number of connected devices and internet users is a notable trend. The market is segmented by device (mesh routers, wireless access points, home gateways, and wireless repeaters), commercial use (enterprises vs. consumers), application (consumer electronics, AR/VR, retail, healthcare, manufacturing, smart cities, and others), and geography. The report also provides an analysis of competitive dynamics and regional market trends. In terms of devices, the 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, attributed to their ability to handle a high number of devices efficiently. The mesh routers segment is projected to grow at the highest CAGR due to their capability to create a unified network with multiple nodes, enhancing performance and integrating with smart home systems. Commercial use segmentation includes enterprises and consumers. The enterprises segment is forecasted to account for over 65.0% of the market share in 2024, driven by the need for high- performance Wi-Fi in business settings. The consumer segment is expected to grow faster, supported by the benefits of Wi-Fi 6 for improved connectivity and performance. The market is also segmented by application into consumer electronics, AR/VR, retail, healthcare, manufacturing, smart cities, and others. The consumer electronics segment is projected to hold over 32.0% market share in 2024, driven by Wi-Fi 6’s impact on device performance. The smart cities segment is expected to grow the fastest, driven by the demand 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 anticipated to hold over 60.0% of the Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

  3. Global Wi-Fi 6 Market – 2016-2022 market share in 2024, due to high adoption rates and supportive government initiatives. Asia- Pacific is projected to experience the highest CAGR of over 21.5%, driven by increasing 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.). 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 Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

  4. Global Wi-Fi 6 Market – 2016-2022 Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com

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