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Wi-Fi 6 Market Research Report Information By Offering (Hardware, Solutions, and Services), By Location (Indoor and Outdoor), By Application (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), By Vertical (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 Ot


ID: MRFR/ICT/14614-HCR | 128 Pages | Author: Shubham Munde| December 2024

Wi-Fi 6 Market Overview


Wi-Fi 6 Market Size was valued at USD 6.1 Billion in 2022. The Wi-Fi 6 market industry is projected to grow from USD 7.94 Billion in 2023 to USD 65.58 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 30.20% during the forecast period (2023 - 2032). The demand for higher data speeds, increased device connectivity, and improved efficiency are the key market drivers enhancing the market growth.


Wi-Fi 6 Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Wi-Fi 6 Market Trends


Increased demand for high data speeds is driving the market growth


Constantly increasing demand for more dependable and quick wireless connections drives Wi-Fi 6, also known as 802.11ax. The proliferation of interconnected devices—including but not limited to smartphones, tablets, smart home devices, and IoT sensors—imposes a growing burden on pre-existing Wi-Fi networks. Wi-Fi 6 tackles this obstacle through the implementation of technologies including Basic Service Set (BSS) Coloring and Orthogonal Frequency Division Multiple Access (OFDMA), which substantially improve network efficacy and data transfer rates. Wi-Fi 6 is anticipated to provide data rates of as high as 9.6 Gbps, which is sufficient for bandwidth-intensive applications such as virtual reality, augmented reality, and 4K video streaming. This has led to its widespread implementation in both consumer and enterprise settings and fueling the Market CAGR.


Wide-Fi 6 adoption is being propelled by the incorporation of the Internet of Things (IoT) and the proliferation of smart devices across industries. Conventional Wi-Fi networks frequently need help with attempting to manage a substantial volume of concurrently connected devices, resulting in congestion and diminished performance. Wi-Fi 6 effectively tackles this concern by implementing enhanced multiple access methods, which enable concurrent connections to operate more efficiently. Ensuring seamless and dependable connectivity is of utmost importance in various domains, including smart homes, industrial IoT, healthcare, and smart cities, where a multiplicity of devices operate. The establishment of Wi-Fi 6 as the prevailing standard enables the provision of essential infrastructure to sustain the continuously growing ecosystem of interconnected devices. It streamlines the execution of IoT applications to their complete capacity.


Wi-Fi 6 not only enhances the pace of raw data but also implements cutting-edge features such as Target Wake Time (TWT) and Basic Service Set (BSS) Coloring, which effectively optimize the utilization of the network's resources. By enabling devices to schedule specified waking and sleeping times, TWT extends the battery life and reduces the power consumption of IoT sensors and mobile devices. BSS Coloring facilitates the differentiation of various BSSs that are operating on the same channel, thereby decreasing interference and improving the overall efficacy of the network. The enhancements above yield a wireless network that is more dependable and responsive, thereby delivering an uninterrupted and elevated connectivity experience to its users. With the increasing demand for enhanced performance and efficiency in wireless networks among both businesses and consumers, the features provided by Wi-Fi 6 establish it as a compelling option, thereby propelling its market penetration. Thus driving the Wi-Fi 6 market revenue.


Wi-Fi 6 Market Segment Insights


Wi-Fi 6 Offering Insights


The Wi-Fi 6 Market segmentation, based on Offering, includes Hardware, Solutions, and Services. Hardware comprises the greatest segment of the Wi-Fi 6 market. A significant driver of the hardware segment's expansion is the increase in demand for Wi-Fi 6-enabled devices, including routers, access points, and client devices. The acquisition of Wi-Fi 6-compatible hardware has significantly increased as organizations and individuals modernize their networking infrastructures to take advantage of its enhanced functionalities.


Figure 1: Wi-Fi 6 Market, by Offering, 2022 & 2032 (USD Billion)


Wi-Fi 6 Market, by Offering, 2022 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Wi-Fi 6 Location Insights


The Wi-Fi 6 Market segmentation, based on Location, includes Indoor and Outdoor. Wi-Fi 6 technology is increasingly being installed in homes, workplaces, and public areas, which has led to the growth of the indoor segment in the Wi-Fi 6 industry. The proliferation of remote work, the increasing sophistication of smart homes, and the need for uninterrupted connectivity within structures have all contributed to the widespread implementation of Wi-Fi 6 in indoor settings. In order to provide faster and more dependable wireless connectivity and to accommodate the expanding number of connected devices, organizations are modernizing their indoor networking infrastructure.


Wi-Fi 6 Application Insights


The Wi-Fi 6 Market segmentation, based on Offering, includes 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 holds the largest share of the Wi-Fi 6 market. Data consumption has increased exponentially due to the proliferation of high-definition video content across multiple platforms and the rising prevalence of video streaming services. The capability of Wi-Fi 6 to provide increased data rates and enhanced network efficacy satisfies the requirements for uninterrupted video streaming experiences. The expansion of immersive technologies, which include online gaming, augmented reality, and virtual reality applications, further contributes to the market's dominance.


Wi-Fi 6 Vertical Insights


The Wi-Fi 6 Market segmentation, based on Location, includes 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 vertical known as "Healthcare and Life Sciences" is a notable and swiftly expanding sector within the Wi-Fi 6 industry. The escalating incorporation of digital technologies within the healthcare sector, such as telemedicine, electronic health records, and medical devices facilitated by the Internet of Things, is driving the need for resilient and secure wireless connectivity. The enhanced functionalities of Wi-Fi 6, including accelerated data transfer rates, diminished latency, and expanded device capacity, effectively cater to the crucial demands of healthcare applications by enabling smooth communication and data interchange. The need for a dependable and high-performing wireless infrastructure is driving the adoption of Wi-Fi 6 in the healthcare and life sciences vertical as organizations prioritize digital transformation to enhance patient care and operational efficiency.


Wi-Fi 6 Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American Wi-Fi 6 market area will dominate this market, primarily due to the robust demand for advanced networking solutions in the United States. A high adoption rate of smart devices, the rapid proliferation of Internet of Things (IoT) applications, and the rising demand for dependable and high-speed connectivity across industries are all contributors to the region's expansion.


Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: WI-FI 6 MARKET SHARE BY REGION 2022 (USD Billion)


WI-FI 6 MARKET SHARE BY REGION 2022


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Asia-Pacific closely follows as the second most significant market for Wi-Fi 6. The region's expansion is propelled by several key factors: the extensive implementation of 5G infrastructure, the swift development of smart cities, and the burgeoning need for interconnected devices and digital services in various economies. The expanding population and growing urbanization exacerbate the necessity for wireless networks that are both efficient and high-performing. Moreover, China’s Wi-Fi 6 market held the largest market share, and the Indian Wi-Fi 6 market was the fastest-growing market in the Asia-Pacific region.


The Rest of the World is the segment with the highest rate of expansion. Increasing investments in infrastructure development, the ongoing digital transformation in emerging markets, and the adoption of Wi-Fi 6 to support the surge in mobile and internet utilization all contribute to this expansion. The recognition of the strategic significance of advanced wireless technologies by governments and businesses in these regions is accelerating their adoption and propelling the rest of the world to become the Wi-Fi 6 market's fastest-growing region.


Wi-Fi 6 Key Market Players & Competitive Insights


Leading market players in the Wi-Fi 6 market vie for a substantial foothold in this swiftly transforming environment, which is marked by fierce competition. Market participants are continuously innovating in order to maintain a competitive edge with important market developments. These prominent figures in the Wi-Fi 6 industry strive to create state-of-the-art hardware, software, and all-encompassing solutions that comply with the Wi-Fi 6 standard.


Furthermore, in order to contribute to the market's overall competitiveness, chipset manufacturers such as Qualcomm and Intel are instrumental in the development of Wi-Fi 6 technology. Their chipsets regulate a variety of devices in the global Wi-Fi 6 industry. Major players in the Wi-Fi 6 market, including 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).


Cisco is an industry leader in networking hardware, software, and services on a global scale. Established in 1984, the organization has gained widespread recognition for its extensive selection of networking solutions—including collaboration tools, routers, switches, and security solutions. Cisco, a prominent participant in the Wi-Fi 6 industry, consistently engages in innovation to address the changing requirements of contemporary connectivity. The company provides cutting-edge networking infrastructure that is utilized by enterprises, service providers, and governmental bodies across the globe.


As a leading manufacturer of telecommunications apparatus and semiconductors, Qualcomm is at the forefront of mobile technology innovation. Qualcomm, an organization established in 1985, has gained significant acclaim for its advancements in wireless communication standards and the design of state-of-the-art chipsets. Qualcomm is an integral component of the Wi-Fi 6 ecosystem, supplying cutting-edge Wi-Fi solutions that enable a variety of devices to function with enhanced wireless connectivity speed and efficiency. The organization's dedication to pioneering connectivity technologies establishes it as a significant participant in the progression of wireless communication.


Key Companies in the Wi-Fi 6 market include



Wi-Fi 6 Industry Developments



December 2023: Boingo Wireless introduced an advanced 5G and Wi-Fi 6 network at Grand Central Madison, operated by the Metropolitan Transportation Authority (MTA). This network offers dependable and expeditious wireless connectivity for the station's daily traversal by millions of commuters. For the first time in more than a century, LIRR passengers will have direct access to the east side of Manhattan thanks to this most recent improvement.




November 2022: Nokia, a renowned technology leader, unveiled India's inaugural WiFi6-ready broadband network in collaboration with TATA Play Fiber, signifying a significant advancement in the Indian broadband industry. This initiative aims to tackle the escalating demand for reliable broadband connections, which are becoming ever more crucial in commercial establishments and residential dwellings due to the pervasiveness of digital connectivity in daily life.




December 2023: Nordic Semi continues to add nRF7002 WiFi 6 boards with the introduction of the nRF7002 Expansion Board, which enables WiFi 6 connectivity and transforms the Thingy:53 IoT prototyping platform into an all-in-one wireless development kit that supports Thread, Matter, Bluetooth Low Energy, and WiFi 6.



Wi-Fi 6 Market Segmentation


Wi-Fi 6 Offering Outlook



  • Hardware

  • Solutions

  • Services


Wi-Fi 6 Location Outlook



  • Indoor

  • Outdoor


Wi-Fi 6 Application Outlook



  • Immersive Technologies

  • HD Video Streaming and Video Streaming

  • Smart Home Devices

  • IoT and Industry 4.0

  • Telemedicine

  • Public Wi-Fi and Dense Environments

  • Other Applications


Wi-Fi 6 Vertical Outlook



  • Retail and E-commerce

  • Government and Public Sector

  • Manufacturing

  • Media and Entertainment

  • Healthcare and Life Sciences

  • Transportation and Logistics

  • Travel and Hospitality

  • Education

  • Residential

  • Other Verticals


Wi-Fi 6 Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Report Attribute/Metric Details
Market Size 2022 USD 6.1 Billion
Market Size 2023 USD 7.94 Billion
Market Size 2032 USD 65.58 Billion
Compound Annual Growth Rate (CAGR) 30.20% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Offering, Location, Application, Vertical, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled  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)
Key Market Opportunities ·       Increased Data Transfer Speeds ·       High Device Density Support
Key Market Dynamics ·       Enhanced Network Efficiency ·       Improved Performance in Crowded Areas ·       Enhanced Security Features


Frequently Asked Questions (FAQ) :

The Wi-Fi 6 Market size was valued at USD 6.1 Billion in 2022.

The global market is projected to grow at a CAGR of 30.20% during the forecast period, 2023-2032.

North America had the largest share of the global market

The key players in the market are 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).

The hardware category dominated the market in 2022.

The indoor segment had the largest share of the global market in 2022.

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