Wi-Fi 6 Routers Market expected to reach at USD 39.56 billion by 2032,Upcoming Trends, Segmented by Type, Application, End-User and Region -TP-Link, Netgear, Asus, Cisco, Huawei, Xiaomi, Tenda

forecasts the global Wi-Fi 6 market size is expected to grow USD 12.5 billion in 2022 to USD 39.56 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period. The Wi-Fi 6 market is gaining traction due to increasing number of internet users.

Driver: Increasing number of internet users
Because of the number of internet users has been rising in the recent years and is projected to continue to rise in the next few years, the demand for Wi-Fi 6 and its services is expected to rise at the same time. Due to increased smartphone penetration and improved connectivity, the number of internet users worldwide is quickly expanding. Increased internet connectivity around the world has opened new business prospects for telecom service providers. However, along with these advantages in terms of latency and bandwidth, they also need to match their competitors' uptime. Telecom companies are investing extensively in upgraded Wi-Fi solutions to take advantage of these new opportunities, which might provide the requisite connectivity bandwidth, security, and network dependability. The industry is expected to rise as telecom companies increase their investments in wireless network infrastructure.

Restraint: Contention loss and co-channel interference
Contention loss and co-channel interference are the key issues associated with Wi-Fi networks. Contention loss refers to poor network performance due to various clients converging on a single AP, whereas co-channel interference is caused when two or more APs use the same Radio Frequency (RF) channel, thereby affecting the network performance. It is a threat in some of the mature markets, such as North America, Europe, and some APAC countries. Regions already have well-established Wi-Fi networks and implementing a new network may cause network mapping between the channels, thereby hindering the performance of the network. The distribution of users along the APs would not be even, which would pose a problem in making decisions about the implementation of new APs.

Leading players of Wi-Fi 6 Routers including:

TP-Link, Netgear, Asus, Cisco, Huawei, Xiaomi, Tenda

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Recent Developments:
In February 2022, NETGEAR launches nighthawk ax1800 (EAX20) and nighthawk ax6000 (EAX80) Wi-Fi 6 mesh extenders. The new Wi-Fi extenders are designed to widen bandwidth using Orthogonal Frequency Division Multiple Access (OFDMA) technology. In terms of differences between the two, the NETGEAR nighthawk ax1800 mesh extender comes as a new four-stream mesh extender and is capable of delivering up to 1.8Gbps speeds.
In December 2021, Huawei launch AirEngine 6760-X1 & 6760-X1E APs is ultra-high performance indoor settled Wi-Fi 6 (802.11ax) APs with ten spatial streams by default and two built-in IoT slots. With an RTU license, the AP can provide up to 12 spatial streams and work in the triple-radio mode.
In November 2021,Juniper Networks announced two new 6 GHz access points that leverage Mist AI. This aims to maximize Wi-Fi performance and capacity while simplifying IT operations. Wi-Fi 6E is a new wireless standard that expands network capacity by making a larger amount of RF spectrum available in the 6 GHz range to add to the existing 2.4 GHz and 5 GHz bands.

Growing Number of Internet Users and Devices

The rising number of connected devices and internet users worldwide continuously increases the demand for efficient Wi-Fi networks. Wi-Fi 6 technology has solved these problems by providing efficient networks and enabling easy connection of several devices with various bandwidth requirements to Wi-Fi. Factors such as higher data rates, excellent performance in environments with numerous connected devices, and improved power efficiency are driving the growth of the Wi-Fi 6 Devices Market.

According to Cisco, Wi-Fi hotspots are expected to reach 628 million public Wi-Fi hotspots by 2023, and Wi-Fi 6 hotspots will be 11 % of all public Wi-Fi hotspots by 2023. Developing and developed countries are introducing various government initiatives to rapidly spread public Wi-Fi hotspots across their respective countries. For instance, the Government of India approved a framework called PM Wi-Fi Access Network Interface or PM WANI scheme for the proliferation of public Wi-Fi networks. This initiative was aimed at elevating wireless internet connectivity in the country.

Furthermore, in 2020, KT, a South Korean telecom company, invested USD 1.5 billion (18 billion won) to deploy 10,000 new Wi-Fi 6 hotspots as part of the Korean Government's 'New Deal' initiative. The Korean Government invested in infrastructure in response to the COVID-19 pandemic by establishing public Wi-Fi in public transport and public places nationwide to reduce the burden of spending on household communication expenses and increase access to information for the digitally underprivileged. As part of this initiative, Wi-Fi 6 hotspots will be installed in island areas, community centers, public health centers, libraries, terminals, bus stops, etc.

Wi-Fi 6 Routers Segmentation by Type:

Type I, Type II, Others.

Wi-Fi 6 Routers Segmentation by Application:

Application I, Application II, Others
Mesh Routers Segment Projected to Grow at Highest CAGR During Forecast Period

Based on devices, the mesh routers segment is projected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is attributed to its ability to allow easy access to the internet, promote high mobility, and easily connect multiple devices with routers, each having a distinctive IP address.

The public and private companies providing networking products have started developing Wi-Fi 6 routers to support the adoption of Wi-Fi 6 technology. For instance, NETGEAR, Inc. developed the Nighthawk Pro Gaming XR1000 Wi-Fi 6 Gaming Router, which uses the power of DumaOS 3.0, an operating system designed for gamers and streamers of all skill levels. The router provides the user with reliable wired and wireless connectivity for fast-paced gaming and solid uploads for content creation.

Consumers Segment Projected to Grow at Highest CAGR During Forecast Period

Based on commercial use, the consumers segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is attributed to factors, such as better data delivery, low latency, better wireless performance enabling users to work with higher efficiency, increased battery life, multi-device connection feature, reduced terminal device power consumption, higher data transfer speed, and less bandwidth congestion provided by Wi-Fi 6 technology.

Smart Cities Segment Projected to Grow at Highest CAGR During Forecast Period

Based on application, the smart cities segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is attributed to numerous features provided by Wi-Fi 6 technology, such as real-time travel updates or on-demand entertainment, staff collaboration, simplification of network and device management, and real-time operational and business data collection.

Highlights of the Report:

The report provides Wi-Fi 6 Routers industry demand trends in Q1 and Q2 2021.
• Individual circumstances of the Wi-Fi 6 Routers segments are discussed in the report.
• The report contains forward-looking information on risks and uncertainties.
• The report studies the consumer-focused sectors of the Wi-Fi 6 Routers.
• The trade scenarios of the products and services in particular segments are detailed in the report along with regulation, taxes, and tariffs.
• The trends that are impacting the Wi-Fi 6 Routers for past few years are discussed in the report.
• The report studies the potential impact of the Covid-19 pandemic on the Wi-Fi 6 Routers industry economy and performance of the market players in the same context.

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Table of Content:

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global Wi-Fi 6 Routers by Players
4 Wi-Fi 6 Routers by Regions
4.1 Wi-Fi 6 Routers Size by Regions
4.2 Americas Wi-Fi 6 Routers Size Growth
4.3 APAC Wi-Fi 6 Routers Size Growth
4.4 Europe Wi-Fi 6 Routers Size Growth
4.5 Middle East & Africa Wi-Fi 6 Routers Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Wi-Fi 6 Routers Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

Device Type Insights
In terms of value, the WLAN infrastructure devices captured the largest share of over 40.0% in 2021. It is attributed to the soaring demand for chipsets to assemble into next-generation routers, gateways, repeaters, and extenders. A robust surge in the need for enhanced bandwidth capacity across enterprise customers is expected to ascend the global deployment of Wi-Fi 6 access points/routers. Furthermore, a high focus on providing superior client services and experience through fueling network bandwidth capacity is estimated to increase the adoption of next-generation WLAN infrastructure. Subsequently, it is likely to increase the 6 and 6E chipsets demand for these WLAN devices.

The introduction of new wireless standards has driven the demand for Wi-Fi 6 and 6E chipsets to integrate with new consumers' devices, such as smartphones, laptops, and AR/VR headsets. The new chipset technology enables consumer devices to support several new use cases. These use cases mainly encompass cloud-based gaming, 4K/Ultra-High Definition (UHD) videos, and seamless video conferencing. Thus, the significantly growing consumers' spending on new and advanced technologies is envisioned to augment the Wi-Fi 6 chipsets demand for consumer devices.

Application Insights
In terms of value, the commercial segment accounted for the largest share of over 38.0% in 2021. The enterprises/corporates segment demand is projected to be more than 1 billion units by 2030. The high growth is attributed to the rapidly increasing demand for superior wireless connectivity across corporate offices. Nowadays, corporate employees are collaborating with their clients and co-workers through video meetings, learning via streaming videos, and hosting numerous cloud applications. This requires high-speed internet connectivity and thereby raises the adoption of 6 and 6E routers and wifi-6 enabled end-user devices such as laptops. Resultantly, it is expected to increase the demand for chipsets over the forecast period.

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