Wi-Fi 6 Devices Market Size, Share, Growth Analysis, By Device Type(Smartphones, laptops, tablets, access points), By Application(Smart home devices, gaming, virtual reality, augmented reality), By Region - Industry Forecast 2024-2031

Wi-Fi 6 Devices Market size was valued at USD 4.95 billion in 2019 and is poised to grow from USD 6.26 billion in 2023 to USD 32.18 billion by 2031, growing at a CAGR of 26.5% in the forecast period (2024-2031).

The Wi-Fi 6 Devices Market is highly competitive with the presence of several major players. The market is characterized by the presence of established companies with strong brand recognition and innovative product offerings. To maintain their position in the market, companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions. They are also investing in research and development to bring new and innovative products to market. Additionally, companies are leveraging their brand recognition and marketing capabilities to increase their market share and reach new customers. 'Qualcomm Technologies, Inc.', 'Intel Corporation', 'Broadcom Inc.', 'Huawei Technologies Co. Ltd.', 'Samsung Electronics Co., Ltd.', 'Cisco Systems, Inc.', 'Netgear Inc.', 'ARRIS International plc', 'H3C Technologies Co., Ltd.', 'ZTE Corporation', 'AsusTek Computer Inc.', 'TP-Link Technologies Co., Ltd.', 'Aerohive Networks, Inc.', 'Extreme Networks, Inc.', 'Fortinet, Inc.', 'Juniper Networks, Inc.', 'Nokia Corporation', 'Ruckus Networks (now part of CommScope)', 'Sierra Wireless, Inc.', 'Ubiquiti Inc.'

With the rise of internet-connected devices and high-bandwidth applications such as streaming video and online gaming, there is a growing demand for high-speed and low-latency internet connectivity. Wi-Fi 6 technology provides higher data transfer rates, increased capacity, and improved reliability, making it ideal for applications that require high-speed connectivity.

Growing adoption of smart devices: The increasing use of smartphones, tablets, laptops, and other smart devices is driving the demand for Wi-Fi 6 technology. With Wi-Fi 6, smart devices can connect to the internet faster and more reliably, allowing users to stream content, download files, and use cloud-based services more efficiently.

The Asia Pacific region is expected to be a major contributor to the growth of the Wi-Fi 6 devices market. This growth is driven by the increasing adoption of connected devices, such as smartphones, tablets, laptops, and smart home devices, in the region. China is expected to be a major market for Wi-Fi 6 devices, due to its large population and high adoption rate of new technologies. In addition, the Chinese government's efforts to promote the use of advanced technologies, such as 5G and Wi-Fi 6, are expected to drive the growth of the market in the country. Japan is also expected to be a significant market for Wi-Fi 6 devices, as the country is a leader in the development and adoption of new technologies. The Japanese government has also announced plans to promote the use of Wi-Fi 6 in public places such as airports and train stations, which is expected to further drive the growth of the market. Other countries in the Asia Pacific region, such as South Korea, India, and Australia, are also expected to contribute to the growth of the Wi-Fi 6 devices market. The increasing demand for high-speed internet connectivity and the growing adoption of smart home devices are key factors driving the growth in these markets. Overall, the Asia Pacific region is expected to see significant growth in the Wi-Fi 6 devices market, driven by the increasing demand for high-speed internet connectivity and the growing adoption of connected devices.