Wi-Fi 6 And Wi-Fi 6E Chipset Market Size, Share, Growth Analysis, By Chipset Type(Wi-Fi 6, Wi-Fi 6e), By Device type(WLAN Infrastructure Devices, Consumer Devices (Smartphones/Tablets, Desktops/Laptops, AR/VR), By Application(Residentials/Consumers, Commercial (Enterprises/Corporates, Airports, Stadiums), By Region - Industry Forecast 2024-2031

Wi-Fi 6 And Wi-Fi 6E Chipset Market Driver

Growing Need for Enhanced Communication Network to Boost Market Growth

• The market is expected to be driven by the increased need for enhanced network communications across enterprises, including low latency and high bandwidth, throughout the forecast period. The volume of data traffic has increased significantly, which has accelerated the need for improved network connectivity across a wide range of businesses, including corporate and industrial. As a result, it is expected that the number of Wi-Fi 6 and Wi-Fi 6E devices installed would rise, resulting in an increase in demand for respective chipsets during the next seven years. Broadcom Inc. demonstrated the BCM4389, the first consumer device to enable Wi-Fi 6E, to the public in 2020. When compared to the previous model, this one has a higher Wi-Fi 6 level to handle the soon-to-be-operational 6 GHz spectrum as well as broader 160 MHz channel bandwidths. As a result, speeds rise by a factor of two and latency decreases by a factor of two. The BCM4389 is a suitable choice for the upcoming Augmented Reality and Virtual Reality (AR/VR) devices as well as premium smartphones since it enables real-world speeds of over 2 Gbps and up to 5 times better energy use. It is expected that the advantages provided by the new chipset technology would outweigh the disadvantages.

Wi-Fi 6 And Wi-Fi 6E Chipset Market Restraint

COVID-19 Pandemic Negatively Affected the Production of Wi-Fi Chipsets

• Due to covid 19, demand for these items was unfavourable across the globe's diverse marketplaces. When viruses began to spread rapidly in the year 2020, the federal governments of major nations such as China, the United States of America, Germany, Japan, and the United Kingdom placed their countries under lockdown. A number of producing facilities, as well as international crossings, have been temporarily shut down as a result of the closure. As a result, both overall chip manufacture and supply on the global market declined as a direct result. As a result, it has served as a disincentive to the