The global Wi-Fi 6 market size is projected to grow from USD 5.7 billion in 2023 to USD 20.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 29.3%. With the increasing numbers of internet users, the demand for Wi-Fi 6 and its services is expected to rise, driving market growth. Also, with the exponential growth of connected devices and data-intensive applications in business environments, the demand for higher data speeds and network capacity has surged. Wi-Fi 6 offers superior performance and efficiency, meeting these escalating data requirements.
Key and innovative vendors in the Wi-Fi 6 market include 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), Aruba Networks (US), NXP Semiconductors (Netherlands), AT&T (US), D–Link Corporation (Taiwan), Alcatel Lucent Enterprise (France), TP–Link Corporation Limited (China), MediaTek Inc. (Taiwan), Telstra (Australia), Murata Manufacturing Co., Ltd. (Japan), Sterlite Technologies Limited (India), Renesas Electronics (Japan), H3C Technologies Co., Ltd. (China), Keysight Technologies (US), LitePoint (US), Rohde & Schwarz (Germany), Cambium Networks, Ltd. (US), Senscomm Semiconductors Co., Ltd. (China), XUNISON (Ireland), Redway Networks Ltd. Company (England), VSORA SAS (France), WILUS Inc. (South Korea), Federated Wireless, Inc. (US), Actiontec Electronics (US), ADB Global (Switzerland), SDMC Technology (China), and Edgewater Wireless (Canada).
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Cisco specializes in designing and selling a broad range of technologies that power the internet. The company offers its products and technologies into the following categories: secure, agile networks; internet for the future; collaboration; end-to-end security; optimized application experiences; and other products. Also, it provides a broad range of service offerings, consisting of technical support and advanced services. It provides services to businesses of all sizes, public institutions, governments, and service providers, including large web-scale providers. The company also provides comprehensive advisory services focused on responsive, preventive, and consultative support of technologies for specific networking needs. It also offers support and maintenance services to help the customers ensure their products operate efficiently, remain available, and benefit from the most up-to-date system and application software. The services offered by the company help customers to protect their network investments, manage risk, and minimize downtime for systems running mission-critical applications. Cisco Meraki offers cloud-managed wireless solutions and services as its products in the global Wi-Fi 6 market. The company’s customers primarily operate in the following markets: enterprise, commercial, service provider, and public sector. It conducts business globally and has a presence across the Americas, Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC).
Qualcomm is a global leader in developing and commercializing foundational technologies for the wireless industry. The technologies and products are used in mobile devices and other wireless products. They are sold across industries and applications beyond mobile handsets, including automotive and the Internet of Things (IoT) (which includes the industries and applications of consumer, industrial, and edge networking). The company's inventions have helped power the growth of smartphones, which have connected billions of people. Qualcomm is a leader in 3G (third generation), 4G (fourth generation), and 5G (fifth generation) wireless technologies. Most 5G devices include multimode support for 3G, 4G, and Wi-Fi 6 technologies, enabling service continuity. They also allow mobile operators to utilize existing 3G and 4G network infrastructure, enabling them to roll out 5G services over time while helping maximize previous-generation equipment investments.
Wi-Fi 6 Market by Offering (Hardware, Solution, and Services), Location Type, Application (Immersive Technologies, IoT & Industry 4.0, Telemedicine), Vertical (Education, Media & Entertainment, Retail & eCommerce) and Region - Global Forecast to 2028
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