Wi-Fi 6 Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Wi-Fi 6 technology is an advanced wireless technology, which is also known as 802.11ax Wi-Fi. Wi-Fi 6 provides features such as Orthogonal frequency division multiple access (OFDMA), Multi-user multiple input multiple output (MU-MIMO), 160 MHz channels, Target wake time (TWT), 1024 quadrature amplitude modulation mode (1024-QAM), and others. Due to these features, it can provide up to four times more internet speed and four times more device connectivity than its predecessor Wi-Fi 5 or 802.11ac with increase in the overall network security.

MARKET SCOPE

The "Global Wi-Fi 6 Devices Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the Wi-Fi 6 devices market with detailed market segmentation by component, industry vertical, device, and geography. The report provides key statistics on the market status of the leading Wi-Fi 6 devices market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on component, the global Wi-Fi 6 devices market is segmented into solution and service.
  
•   On the basis of industry vertical, the market is segmented into education, healthcare, retail, transportation, government, manufacturing, hospitality, sports and leisure, and others.
  
•   Based on device, the market is segmented into laptops/PCs, smartphones, smart TVs, routers and extenders, and others.
  

MARKET DYNAMICS

Drivers:

•   Increasing demand for high-speed internet connection combined with increasing internet users and devices is one of the major factor driving the growth of the Wi-Fi 6 devices market.
  
•   The increasing demand for Wi-Fi 6 in stadiums is anticipated as another factor driving the growth of the market.
  

Restraints:

•   High cost of these devices may restrain the growth of the market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Wi-Fi 6 devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Wi-Fi 6 devices market in these regions.

IMPACT OF COVID-19 ON WI-FI 6 DEVICES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the Wi-Fi 6 devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Wi-Fi 6 devices market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Wi-Fi 6 devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Dell Inc.
  
•   Apple Inc.
  
•   SAMSUNG ELECTRONICS CO., LTD.
  
•   Qualcomm Technologies, Inc.
  
•   BBK Electronics Corporation
  
•   ASUSTeK Computer Inc.
  
•   Huawei Technologies Co., Ltd.
  
•   Lenovo
  
•   TP-Link Corporation Limited
  
•   Xiaomi Corporation
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Wi-Fi 6 Devices Report Scope