Wi-Fi 6 Market to Surge to $64.1 Billion by 2031, Growing at 19.6% CAGR | AMR
Asia-Pacific is expected to witness significant growth during the forecast period, owing to rising consumer demand for the internet.
WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 2, 2024 /EINPresswire.com/ -- The global ๐๐ข-๐ ๐ข ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at $10.9 billion in 2021, and is projected to reach $64.1 billion by 2031, growing at a CAGR of 19.6% from 2022 to 2031. The Wi-Fi 6 Market report provides an in-depth analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 320 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/A31440
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ญ๐๐ฅ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐ฉ๐ฉ๐ฅ๐ ๐๐ง๐., ๐๐ฎ๐ง๐ข๐ฉ๐๐ซ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ, ๐๐ฎ๐๐ฅ๐๐จ๐ฆ๐ฆ ๐๐ง๐., ๐๐ญ๐๐ซ๐ฅ๐ข๐ญ๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐ข๐ฆ๐ข๐ญ๐๐, ๐๐ซ๐จ๐๐๐๐จ๐ฆ, ๐๐ข๐ง๐ค๐ฌ๐ฒ๐ฌ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ, ๐๐ง๐., ๐ ๐จ๐ซ๐ญ๐ข๐ง๐๐ญ ๐๐ง๐., ๐๐ซ๐ฎ๐๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ฌ, ๐๐๐ ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ๐ฌ, ๐๐&๐, ๐๐ฌ๐ฎ๐ฌ๐ญ๐๐ค ๐๐จ๐ฆ๐ฉ๐ฎ๐ญ๐๐ซ ๐๐ง๐., ๐๐ฎ๐๐ฐ๐๐ข ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ, ๐๐๐ฐ๐ฅ๐๐ญ๐ญ-๐๐๐๐ค๐๐ซ๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ, ๐๐๐ฆ๐ฌ๐ฎ๐ง๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐จ. ๐๐ญ๐, ๐๐ข๐ฌ๐๐จ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ
Wi-Fi 6, also known as IEEE 802.11ax, is the newest Wi-Fi specification standard, coming after Wi-Fi 5 (IEEE 802.11ac). It promises greater speeds and better connectivity, as well as increased support for multiple, high-bandwidth devices. It operates between the 1 and 6 GHz frequency bands. With Wi-Fi 6 solution, enterprises can gain a business edge by building a network without any coverage gaps and eliminating packet loss during roaming. This makes it ideal for critical deployments in digital education, digital airport, omnichannel finance, smart healthcare, smart government, and Industry 4.0.
Based on offering, the solution segment accounted for the highest share in 2021, contributing to nearly three-fifths of the total share, and is expected to maintain its leadership status during the forecast period. However, the service segment is expected to manifest the highest CAGR of 21.0% from 2022 to 2031.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/wi-fi-6-market/purchase-options
By enterprise size, the large enterprises segment dominated the global market in 2021, and is expected to continue this trend during the forecast period, owing to increase in adoption of Wi-Fi 6 solutions to integrate into their existing system. Conversely, the small- & medium-sized enterprises segment is expected to grow at the highest CAGR during the forecast period, owing to surge in adoption of Wi-Fi 6 solutions, as it provides cost-effective, quick transmission of internet and efficient solution for SMEs.
By offering, the solution segment dominated the growth of the Wi-Fi 6 market in 2021, and is expected to maintain its dominance in the upcoming years due to rise in need of advanced and capable Wi-Fi solutions for better efficiency and experience. However, the services segment is expected to witness highest growth rate during the forecast period due to adoption of Wi-Fi 6 services, as they ensure effective functioning of solutions and platforms throughout the process.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎโ๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A31440
Based on industry vertical, the IT and telecom segment held the lionโs share in terms of revenue in 2021, contributing to more than two-fifths of the market. However, the travel and hospitality segment is projected to register the highest CAGR of 23.9% during the forecast period.
On the basis of enterprise size, the large enterprises segment dominated the market in 2021, accounting for around three-fifths of the global Wi-Fi 6 market size, and is projected to maintain its leading position throughout the forecast period. However, the SMEs segment is estimated to showcase the highest CAGR of 20.9% during the forecast period.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A31440
The report analyzes these key players in the global Wi-Fi 6 market. These players have adopted various strategies such as new product launches, expansion, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments of every market player.
Factors such as need to manage customer traffic and customer movement to boost productivity have accelerated the need for Wi-Fi 6 globally. In addition, increase on emphasis on customer service across major industry verticals has further boosted the Wi-Fi 6 market growth. However, high initial set-up cost of Wi-Fi 6s restricted the market growth. On the other hand, with many SMEs entering the market and providing advance solutions for Wi-Fi 6 is expected to create greater opportunities during the forecast period.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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