Wifi 6E Devices Market - Forecast(2024 - 2030)

Report Code: ESR 0825 Report Format: PDF + Excel

Wi-Fi 6E Devices Market Overview:

Wi-Fi 6E Devices Market size is estimated to reach $7.96 billion by 2030, growing at a CAGR of 18.7% during the forecast period 2023-2030. One of the major drivers of the Wi-Fi 6E market is the increasing number of devices that require wireless connectivity. This acts as a major driver that is propelling the Wi-Fi 6E Devices Market growth.

Additionally, with more and more devices competing for bandwidth, the need for faster and more reliable Wi-Fi has become critical. As of 2022, it was estimated that there are more than 13 billion devices that are using wireless connectivity worldwide, and this number is expected to grow significantly in the coming years. With the increasing adoption of wireless technology and the growing number of internet-connected devices, the demand for Wi-Fi 6E devices is also expected to increase. These factors positively influence the Wi-Fi 6E Devices industry outlook during the forecast period.

Wi-Fi 6E Devices  Market  - Report Coverage:

TheWi-Fi 6E Devices Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Wi-Fi 6E Devices Market.

 

Attribute Segment

By Device Type

  • Smart Phones

  •  Laptops and Tablets

  • Gaming Consoles

  • Smart home devices

  •  IoT devices

  • Others

By Area of Use

  • Indoor

  • Outdoor

By End-Use

  • Consumer Electronics

  • Commercial

  • Industrial

  • Government and Utilities

  • Transportation and Logistics

  • Others

By Geography

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

  • Rest of the World (Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis:

      The COVID-19 pandemic has had a significant impact on the Wi-Fi 6E devices market, as it has disrupted global supply chains, led to changes in consumer behavior, and shifted the focus towards remote work and learning. Despite the challenges during the pandemic, leading company Cisco has clocked $2 Billion more in revenue in 2022 compared to 2021 and that demand for Wi-Fi routers is expected to remain strong in the coming years as remote work and learning become more prevalent.

      The disruption in the supply of raw materials, components, or finished products due to the Russia-Ukraine conflict impacts the production and sales of Wi-Fi 6E devices in the domestic market. Additionally, economic instability affected consumer purchasing power and demand for high-end technology products, including Wi-Fi 6E devices.

Key Takeaways:

 Asia Pacific owns the largest share

According to the Wi-Fi 6E Devices market global analysis, the Asia Pacific region owns the largest market share of 43% in 2022. One of the main reasons is the rapid adoption of new technologies in countries such as China, Japan, South Korea, and India. These countries have large populations and a high demand for faster and more reliable wireless connectivity. In addition, the Asia Pacific region is home to many leading technology companies such as Huawei, Samsung, and Xiaomi, which are driving innovation in the Wi-Fi 6E Devices market.

 Smart home devices are propelling the market growth

According to the Wi-Fi 6E Devices Market forecast, the smart home devices segment is expected to grow with a CAGR of 19.4% during the forecast period. With the increase in the number of smart home devices, the demand for faster and more reliable wireless connectivity has been increasing. This has led to significant growth in the market for WiFi 6E devices. According to Forbes, in 2022 the average number of smart home devices per household in the United States is approximately 20.

  Emerging applications for Wi-Fi 6E is driving the market

The market is experiencing a surge due to the rise of Wi-Fi 6E, which is creating opportunities for various emerging applications. Wi-Fi 6E has the potential to revolutionize industries like augmented and virtual reality, industrial IoT, smart cities, and online gaming. In particular, the online gaming sector heavily relies on seamless data transfer, demanding fast and low-latency wireless connectivity for an immersive and responsive gameplay experience. Wi-Fi 6E's high bandwidth and low latency capabilities make it an ideal solution for meeting the requirements of the gaming industry. 

● Cost of upgrading existing infrastructure poses a challenge

Upgrading existing Wi-Fi infrastructure to support Wi-Fi 6E can be expensive for businesses and individuals. This is because it often requires replacing existing routers, access points, and client devices with new hardware that supports Wi-Fi 6E. Additionally, some existing infrastructure may not be compatible with Wi-Fi 6E, requiring a complete overhaul of the network.

Wi-Fi 6E Devices Market Share (%) By Region, 2022

For More Details on This Report - Request for Sample

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Wi-Fi 6E Devices Market. The top 10 companies in this industry are listed below:

  1. Cisco Systems Inc. (Cisco Meraki, Cisco Catalyst, Cisco Aironet, Linksys)
  2. Huawei Technologies Co. Ltd. (Huawei WiFi AX3, Huawei WiFi Q2 Pro)
  3. Netgear Inc.(Orbi, Nighthawk, Insight, Armor)
  4. Dell Technologies Inc. (Dell Latitude, Dell XPS, Dell Precision, Alienware)
  5. AsusTek Computer Inc. (Asus ROG Rapture, Asus ZenWiFi AX)
  6. Broadcom Inc.(Broadcom Max WiFi, Broadcom Wi-Fi 6, Broadcom 5G WiFi)
  7. TP-Link Technologies Co. Ltd.(TP-Link Archer, TP-Link Deco)
  8. Hewlett Packard Enterprise Development LP(Aruba, HPE ProCurve)
  9. Intel Corporation(Intel Wi-Fi 6, Intel Wi-Fi 6E, Intel Tri-Band Wi-Fi, Intel Xeon)
  10. Mojo Networks Inc.

Scope of the Report:

            Report Metric                           Details

Base Year Considered

  • 2022

Forecast Period

  • 2023–2030

CAGR

  • 18.7%

Market Size in 2030

  • $7.96 billion

Segments Covered

  • Device Type, Area of Use, End Use, and Region

Geographies Covered

  • North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Cisco Systems Inc.

  2. Huawei Technologies Co. Ltd.

  3. Netgear Inc.

  4. Dell Technologies Inc.

  5. AsusTek Computer Inc.

  6. Broadcom Inc.

  7. TP-Link Technologies Co. Ltd.

  8. Hewlett Packard Enterprise Development LP

  9. Intel Corporation

  10. Mojo Networks Inc.

For more Electronics Market Research Reports please Click Here.

1.Wi-Fi 6E Devices Market - Overview
    1.1.Definitions and Scope
2.Wi-Fi 6E Devices Market - Executive Summary
3.Wi-Fi 6E Devices Market - Comparative Analysis
    3.1. Company Benchmarking - Key Companies
    3.2. Global Financial Analysis - Key Companies
    3.3. Market Share Analysis - Key Companies
    3.4. Patent Analysis
    3.5. Pricing Analysis
4. Wi-Fi 6E Devices Market - Start-up Companies Scenario 
    4.1. Key Start-up Company Analysis by
    4.1.1. Investment
    4.1.2. Revenue
    4.1.3. Venture Capital and Funding Scenario
5. Wi-Fi 6E Devices Market – Market Entry Scenario Premium 
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing Business Index
    5.3. Case Studies of Successful Ventures
6. Wi-Fi 6E Devices Market - Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Market Challenges
    6.4. Porter's Five Force Model
        6.4.1. Bargaining Power of Suppliers
        6.4.2. Bargaining Powers of Customers
        6.4.3. Threat of New Entrants
        6.4.4. Rivalry Among Existing Players
        6.4.5. Threat of Substitutes
7. Wi-Fi 6E Devices Market – Strategic Analysis
    7.1. Value Chain Analysis
    7.2. Opportunities Analysis
    7.3. Market Life Cycle
8. Wi-Fi 6E Devices Market – by Device Type (Market Size – $Million/$Billion) 
    8.1. Infrastructure Devices
    8.2. Smart Phones
    8.3. Laptops and Tablets
    8.4. Gaming Consoles
    8.5. Smart home devices
    8.6. IoT devices
    8.7. Others
9. Wi-Fi 6E Devices Market – by Area of Use  (Market Size – $Million/$Billion) 
    9.1. Outdoor
    9.2. Indoor
10. Wi-Fi 6E Devices Market – by End Use  (Market Size – $Million/$Billion) 
    10.1. Entertainment & Home automation
    10.2. Commercial
    10.3. Industrial
    10.4. Government and Utilities
    10.5. Transportation and Logistics
    10.6. Others
11. Wi-Fi 6E Devices Market – by Geography (Market Size – $Million/$Billion) 
    11.1. North America
        11.1.1. The U.S.
        11.1.2. Canada
        11.1.3. Mexico
    11.2. Europe
        11.2.1. UK
        11.2.2. Germany
        11.2.3. France
        11.2.4. Italy
        11.2.5. Spain
        11.2.6. Russia
        11.2.7. Rest of Europe
    11.3. Asia-Pacific
        11.3.1. China
        11.3.2. India
        11.3.3. Japan
        11.3.4. South Korea
        11.3.5. Australia & New Zealand
        11.3.6. Rest of Asia-Pacific
    11.4. South America
        11.4.1. Brazil
        11.4.2. Argentina
        11.4.3. Chile
        11.4.4. Colombia
        11.4.5. Rest of South America
    11.5. Rest of the World
        11.5.1. Middle East
        11.5.2. Africa
12. Wi-Fi 6E Devices Market – Entropy
13. Wi-Fi 6E Devices Market – Industry/Segment Competition Landscape
    13.1. Market Share Analysis
        13.1.1. Market Share by Product Type – Key Companies
        13.1.2. Market Share by Region – Key Companies
        13.1.3. Market Share by Country – Key Companies
    13.2. Competition Matrix
    13.3. Best Practices for Companies
14. Wi-Fi 6E Devices Market – Key Company List by Country Premium  
15. Wi-Fi 6E Devices Market - Company Analysis
    15.1. Cisco Systems Inc.
    15.2. Huawei Technologies Co. Ltd.
    15.3. Netgear Inc.
    15.4. Dell Technologies Inc.
    15.5. AsusTek Computer Inc.
    15.6. Broadcom Inc.
    15.7. TP-Link Technologies Co. Ltd.
    15.8. Hewlett Packard Enterprise Development LP
    15.9. Intel Corporation
    15.10. Mojo Netwoks Inc.
 
 
"Financials to the Private Companies would be provided on best-effort basis."
Connect with our experts to get customized reports that best suit your requirements. Our 
reports include global-level data, niche markets and competitive landscape.

Wi-Fi 6E Devices Market is projected to grow at 18.7% CAGR during the forecast period 2023-2030.

Wi-Fi 6E Devices Market size is estimated to be $2.39 billion in 2023 and is projected to reach $7.96 billion by 2030

The leading players in the Wi-Fi 6E Devices Market are Cisco Systems Inc., Huawei Technologies Co. Ltd., Netgear Inc., Dell Technologies Inc., AsusTek Computer Inc and others.

Growing adoption of smart homes and growing popularity of gaming and streaming services are some of the major Wi-Fi 6E Devices Market trends in the industry which will create growth opportunities for the market during the forecast period.

Increasing demand for high-speed internet and Increasing focus on security of the network are the driving factors of the market.