Wi-Fi 6 Market Size to Grow by USD 9.53 Bn at a CAGR of 28%| Passenger Cars segment is expected to witness lucrative growth | Technavio

NEW YORK, June 1, 2022 /PRNewswire/ -- The Wi-Fi 6 Market size is expected to grow by USD 9.53 billion with a YOY growth of 35.35% during the forecast period. The adoption of digital transformation initiatives is notably driving the Wi-Fi 6 market growth. The report offers an up-to-date analysis of the current market scenario and information from several leading manufacturers.

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This market research report extensively covers Wi-Fi 6 Market by the following:

• End-user - Enterprise and consumer
• The enterprise segment's Wi-Fi 6 market share will grow significantly. In the business world, enterprise mobility has gained traction, allowing employees to use their own cellphones, tablets, and portable PCs at work. To provide secure and effective work settings, bring your own device (BYOD) necessitates specific IT service delivery frameworks. As a result, the increased acceptance of the BYOD concept in businesses will propel the worldwide Wi-Fi 6 market forward over the forecast period.
• Geography - North America, Europe, APAC, Middle East and Africa, and South America
• APAC will account for 40% of the market's growth. In APAC, China and Japan are the most important markets for Wi-Fi 6. The market in this region will increase at a quicker rate than the market in other regions.
• Over the projection period, the expansion and growth of communications networks will aid the growth of the Wi-Fi 6 market in APAC.

Get more insights into this market's growth with a detailed analysis of the top regions, View our Sample Report! 

Wi-Fi 6 Market Dynamics

Market Driver

One of the primary factors boosting the worldwide WIFI 6 market is the adoption of digital transformation initiatives across companies. The use of WiFi 6 by businesses reduces the cost of connection installation, which requires physically laying down wired connections. Small firms may compete with larger companies because of the flexibility provided by mobilizing their personnel and company processes, which allows them to compete without sacrificing worker efficiency or productivity.

Market Challenge

The global WIFI 6 market's growth is being hampered by increased security threats. Due to their inadequate security measures compared to WiFi routers used by businesses, WiFi 6-enabled devices face security issues and are easy targets for hackers. The expense of implementing high-security features in WiFi 6-enabled gadgets rises, limiting their adoption among price-conscious buyers. In the virtual world, data theft is also frequent. Because real-time monetary transactions are involved with WiFi 6-enabled devices, a loss of essential data can result in a financial loss for consumers.

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Wi-Fi 6 Market Segmentation

• End User
• Enterprise
• Consumer
• Geographic
• North America
• APAC
• Europe
• South America
• MEA

Download Sample Report: to know additional highlights and key points on various market segments and their impact in coming years. 

Wi-Fi 6 Market Vendor

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.  

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Broadcom Inc.
• Cisco Systems Inc.
• Dell Technologies Inc.
• Extreme Networks Inc.
• Fortinet Inc.
• Hewlett Packard Enterprise Development LP
• Huawei Investment Holding Co. Ltd.
• Intel Corp.
• NXP Semiconductors NV
• Qualcomm Inc.

Find out the top market vendors, their competition and how they excel in the Wi-Fi 6 Market in our latest Sample Report. Download our Detailed Sample Report. 

Wi-Fi 6 Market Key Highlights

• CAGR of the market during the forecast period
• Detailed information on factors that will assist wifi 6 market growth during the next five years
• Estimation of the wifi 6 market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the wifi 6 market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of wifi 6 market vendors

Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!

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Table of Contents

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics
• 2.2 Value chain analysis
• Exhibit 03: Value Chain Analysis: Communications Equipment

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition
• 3.2 Market segment analysis
• Exhibit 05: Market segments
• 3.3 Market size 2020
• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five Forces Summary
• Exhibit 08: Five forces analysis 2020 & 2025
• 4.2 Bargaining power of buyers
• Exhibit 09: Bargaining power of buyers
• 4.3 Bargaining power of suppliers
• Exhibit 10: Bargaining power of suppliers
• 4.4 Threat of new entrants
• Exhibit 11: Threat of new entrants
• 4.5 Threat of substitutes
• Exhibit 12: Threat of substitutes
• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry
• 4.7 Market condition
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by End-user

• 5.1 Market segments
• 5.2 Comparison by End-user
• 5.3 Enterprise - Market size and forecast 2020-2025
• Exhibit 17: Enterprise - Market size and forecast 2020-2025 ($ million)
• Exhibit 18: Enterprise - Year-over-year growth 2020-2025 (%)
• 5.4 Consumer - Market size and forecast 2020-2025
• Exhibit 19: Consumer - Market size and forecast 2020-2025 ($ million)
• Exhibit 20: Consumer - Year-over-year growth 2020-2025 (%)
• 5.5 Market opportunity by End-user
• Exhibit 21: Market opportunity by End-user

6 Customer landscape

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 23: Market share by geography 2020-2025 (%)
• 7.2 Geographic comparison
• Exhibit 24: Geographic comparison
• 7.3 North America - Market size and forecast 2020-2025
• Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
• Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
• 7.4 APAC - Market size and forecast 2020-2025
• Exhibit 27: APAC - Market size and forecast 2020-2025 ($ million)
• Exhibit 28: APAC - Year-over-year growth 2020-2025 (%)
• 7.5 Europe - Market size and forecast 2020-2025
• Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
• Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
• 7.6 South America - Market size and forecast 2020-2025
• Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
• Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
• 7.7 MEA - Market size and forecast 2020-2025
• Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
• Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
• 7.8 Key leading countries
• Exhibit 35: Key leading countries
• 7.9 Market opportunity by geography
• Exhibit 36: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers
• 8.2 Market challenges
• Exhibit 37: Impact of drivers and challenges
• 8.3 Market trends

9 Vendor Landscape

• 9.1 Overview
• 9.2 Vendor landscape
• Exhibit 38: Vendor landscape
• 9.3 Landscape disruption
• Exhibit 39: Landscape disruption
• Exhibit 40: Industry risks

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 41: Vendors covered
• 10.2 Market positioning of vendors
• Exhibit 42: Market positioning of vendors
• 10.3 Broadcom Inc.
• Exhibit 43: Broadcom Inc. - Overview
• Exhibit 44: Broadcom Inc. - Business segments
• Exhibit 45: Broadcom Inc. - Key offerings
• Exhibit 46: Broadcom Inc. - Segment focus
• 10.4 Cisco Systems Inc.
• Exhibit 47: Cisco Systems Inc. - Overview
• Exhibit 48: Cisco Systems Inc. - Business segments
• Exhibit 49: Cisco Systems Inc. – Key news
• Exhibit 50: Cisco Systems Inc. - Key offerings
• Exhibit 51: Cisco Systems Inc. - Segment focus
• 10.5 Dell Technologies Inc.
• 10.6 Extreme Networks Inc.
• Exhibit 56: Extreme Networks Inc. - Overview
• Exhibit 57: Extreme Networks Inc. - Business segments
• Exhibit 58: Extreme Networks Inc. - Key offerings
• 10.7 Fortinet Inc.
• Exhibit 59: Fortinet Inc. - Overview
• Exhibit 60: Fortinet Inc. - Business segments
• Exhibit 61: Fortinet Inc. - Key offerings
• 10.8 Hewlett Packard Enterprise Development LP
• Exhibit 62: Hewlett Packard Enterprise Development LP - Overview
• Exhibit 63: Hewlett Packard Enterprise Development LP - Business segments
• Exhibit 64: Hewlett Packard Enterprise Development LP – Key news
• Exhibit 65: Hewlett Packard Enterprise Development LP - Key offerings
• Exhibit 66: Hewlett Packard Enterprise Development LP - Segment focus
• 10.9 Huawei Investment Holding Co. Ltd.
• Exhibit 67: Huawei Investment Holding Co. Ltd. - Overview
• Exhibit 68: Huawei Investment Holding Co. Ltd. - Business segments
• Exhibit 69: Huawei Investment Holding Co. Ltd. - Key offerings
• Exhibit 70: Huawei Investment Holding Co. Ltd. - Segment focus
• 10.10 Intel Corp.
• Exhibit 71: Intel Corp. - Overview
• Exhibit 72: Intel Corp. - Business segments
• Exhibit 73: Intel Corp. - Key offerings
• Exhibit 74: Intel Corp. - Segment focus
• 10.11 NXP Semiconductors NV
• Exhibit 75: NXP Semiconductors NV - Overview
• Exhibit 76: NXP Semiconductors NV - Business segments
• Exhibit 77: NXP Semiconductors NV – Key news
• Exhibit 78: NXP Semiconductors NV - Key offerings
• 10.12 Qualcomm Inc.
• Exhibit 79: Qualcomm Inc. - Overview
• Exhibit 80: Qualcomm Inc. - Business segments
• Exhibit 81: Qualcomm Inc. – Key news
• Exhibit 82: Qualcomm Inc. - Key offerings
• Exhibit 83: Qualcomm Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report
• 11.2 Currency conversion rates for US$
• Exhibit 84: Currency conversion rates for US$
• 11.3 Research methodology
• Exhibit 85: Research Methodology
• Exhibit 86: Validation techniques employed for market sizing
• Exhibit 87: Information sources
• 11.4 List of abbreviations
• Exhibit 88: List of abbreviations

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