Wi-Fi 6 Market is predicted to reach USD 65.58 billion at a CAGR of 30.20% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Wi-Fi 6 Market”.

The Wi-Fi 6 market is estimated to register a CAGR of 30.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Wi-Fi 6 market— Cisco Systems Inc. (US), Qualcomm Technologies Inc. (US), Broadcom Inc (US), Intel Corporation (US), Huawei technologies (China), NETGEAR Inc (US), Juniper Networks Inc (US), Extreme Networks Inc. (US), Ubiquiti Inc. (US), Fortinet Inc. (US).

Market Highlights

The global Wi-Fi 6 market is accounted to register a CAGR of 30.20% during the forecast period and is estimated to reach USD 65.58 billion by 2032.

The market for Wi-Fi 6 is being propelled by an increase in the number of connected devices and the proliferation of bandwidth-intensive applications, which are both factors driving demand for faster data transfer rates. The increasing prevalence of nascent technologies, including the Internet of Things, augmented reality, and virtual reality exacerbates the demand for improved wireless connectivity. Furthermore, the pursuit of enhanced network efficiency by both businesses and consumers has instigated the adoption of Wi-Fi 6 in order to mitigate congestion concerns and guarantee uninterrupted connectivity. The market for advanced, high-performance wireless networks is driven by the necessity as the standard becomes more and more integrated into numerous industries.

Access full report @ https://www.marketresearchfuture.com/reports/wi-fi-6-market-16141

Segment Analysis

The global Wi-Fi 6 market has been segmented based on Offering, Location, Application, and Vertical.

On the basis of Offering, the market is segmented into Hardware, Solutions, and Services. The hardware segment was attributed to holding the largest market share in 2022. Demand for Wi-Fi 6-capable equipment, such as routers, access points, and client devices, has been a major factor in the hardware segment's growth. Wi-Fi 6 compliant gear is becoming more and more popular as businesses and people update their networking infrastructures to benefit from its new features.

Based on Location, the global Wi-Fi 6 market has been segmented into Indoor and Outdoor. The indoor segment was expected to hold the largest market share in 2022. Installing Wi-Fi 6 technology in homes, offices, and public spaces is becoming more common, which has caused the interior section of the Wi-Fi 6 business to expand. Wi-Fi 6 has becoming widely used in interior environments due to the rise of remote work, the development of smart homes, and the requirement for constant connectivity within buildings.

On the basis of application, the market is segmented into Immersive Technologies, HD Video Streaming and Video Streaming, Smart Home Devices, IoT and Industry 4.0, Telemedicine, Public Wi-Fi and Dense Environments, and Other Applications. The HD Video Streaming and Video Streaming segment was attributed to holding the largest market share in 2022. The proliferation of high-definition video content across numerous platforms and the increasing popularity of video streaming services have resulted in an exponential growth in data usage. The capacity of Wi-Fi 6 to offer higher data speeds and improved network efficiency meets the needs for continuous video streaming.

Based on vertical, the global Wi-Fi 6 market has been segmented into Retail and E-commerce, Government and Public Sector, Manufacturing, Media and Entertainment, Healthcare and Life Sciences, Transportation and Logistics, Travel and Hospitality, Education, Residential, and Other Verticals. The Healthcare and Life Sciences segment was expected to hold the largest market share in 2022. Resilient and secure wireless connectivity is becoming more and more necessary as digital technologies—like telemedicine, electronic health records, and Internet of Things-enabled medical devices—are increasingly being used in the healthcare industry. Wi-Fi 6's improved features—such as faster data transfer rates, lower latency, and more device capacity—adequately meet the critical needs of healthcare applications by facilitating seamless connection and data exchange.

Regional Analysis

The global Wi-Fi 6 market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Wi-Fi 6 market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Wi-Fi 6 market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Wi-Fi 6 market comprises the Middle East, Africa, and Latin America.

North America is the market leader for Wi-Fi 6 because of its high rate of smart device use, quick technological development, and emphasis on digital transformation across all industries—especially in the US.

Asia-Pacific emerges as the second-largest market, propelled by the extensive implementation of 5G infrastructure, swift urbanization, and an upsurge in the desire for interconnected devices and digital services in various economies situated throughout the area.

Furthermore, the rest of the world's Wi-Fi 6 market is divided into the Middle East, Africa, and Latin America. The fastest-growing segment is The Rest of the World, which comprises regions outside of North America, Europe, and Asia-Pacific. The area undergoes a swift and substantial digital revolution, accompanied by heightened investments in infrastructure and an expanding need for cutting-edge wireless technologies.

Moreover, a robust digital infrastructure, rising adoption of smart technologies in industries such as healthcare and manufacturing, and regulatory initiatives encouraging connectivity and innovation all contribute to the expansion of the Wi-Fi 6 market in Europe.

Key Findings of the Study

• The global Wi-Fi 6 market is expected to reach USD 65.58 billion by 2032, at a CAGR of 30.20% during the forecast period.


• The fastest-growing segment is the Rest of the World. Rapid digital transformation, increased infrastructure investments, and a rising demand for advanced wireless technologies are driving this expansion.


• Increasing Wi-Fi 6 technology deployment in residences, offices, and public areas will propel the indoor segment to the forefront of the Wi-Fi 6 market in 2022.


• Cisco Systems Inc. (US), Qualcomm Technologies Inc. (US), Broadcom Inc (US), Intel Corporation (US), Huawei technologies (China), NETGEAR Inc (US), Juniper Networks Inc (US), Extreme Networks Inc. (US), Ubiquiti Inc. (US), Fortinet Inc. (US).