Global Wi-Fi 6E Devices Market Size Forecast 2024 - 2033
23 Dec, 2024
What Is The Overview Of The Global Wi-Fi 6E Devices Market?
Wireless fidelity 6 extended (Wi-Fi 6E) devices are an expansion of Wi-Fi 6 technology that uses the 6GHz frequency spectrum in addition to the existing 2.4GHz and 5GHz channels. This increased bandwidth allows for higher data rates, reduced congestion, and improved network performance, making Wi-Fi 6E ideal for demanding applications such as ultra-high-definition streaming, online gaming, and simultaneous device connectivity.
Wi-Fi 6E Devices Global Market Report 2024 provides data on the global wi-fi 6e devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The wi-fi 6e devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global Wi-Fi 6E Devices?
The Wi-Fi 6E devices market has grown exponentially, rising from $2.54 billion in 2023 to $3.09 billion in 2024 at a CAGR of 21.7%. This growth is attributed to increased bandwidth demand, the rise of IoT devices, 4K and 8K video streaming, enterprise applications, and low-latency requirements. The market is anticipated to grow to $6.88 billion by 2028 at a CAGR of 22.1%, fueled by increasing internet penetration, the rollout of 5G networks, demand for enhanced security, and the emergence of Wi-Fi 7. Key trends include integration into next-generation devices, synergy with 6G networks, mass adoption in consumer electronics, and advancements in smart home automation.
What Are The Leading Drivers Of Growth In The Wi-Fi 6E Devices Market?
The rising demand for high-speed connectivity is anticipated to drive the Wi-Fi 6E devices market. As data consumption, the Internet of Things (IoT), remote work, and digital transformation accelerate, the need for faster and more reliable internet connections is increasing. Wi-Fi 6E devices provide high-speed connectivity with faster data transfer rates and lower latency, improving user experiences. A report by Ookla indicated that broadband speeds increased by 28% for fixed connections and 17% for mobile in 2022. As the need for faster connectivity grows, Wi-Fi 6E devices will continue to see increased demand.
Get Your Free Sample of the Global Wi-Fi 6E Devices Market ReportHow Are The Segments Defined Within The Global Wi-Fi 6E Devices Market?
The wi-fi 6e devices market covered in this report is segmented –
1) By Device Type: Smart Phones, Laptops And Tablets, Gaming Consoles, Smart Home Devices, Internet Of Things (IoT) Devices, Other Devices
2) By Area of Use: Indoor, Outdoor
3) By End-Use: Consumer Electronics, Commercial, Industrial, Government And Utilities, Transportation And Logistics, Other End Uses
How Are New Trends Expected To Influence The Growth Of The Wi-Fi 6E Devices Market?
Companies in the wireless fidelity 6 extended (Wi-Fi 6E) device market are focusing on developing advanced solutions like Wi-Fi 6E-ready access points to push forward the Wi-Fi offering in the market. These devices are designed to provide reliable, high-density, power-efficient wireless networks, even in challenging conditions. For example, in May 2022, Cisco Systems launched the Cisco Catalyst IW9167 Series, which offers Wi-Fi and ultra-reliable wireless backhaul (URWB) modes. This series supports multiple data radios and provides robust and uninterrupted connectivity with high availability, low latency, and seamless handoffs, ensuring reliable performance in outdoor and industrial spaces.
Which Region Drives The Highest Growth In The Wi-Fi 6E Devices Market?
Asia-Pacific was the largest region in the Wi-Fi 6E devices market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the wi-fi 6e devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.