Press release
Wi-Fi 6 And Wi-Fi 6e Chipset Market 2024 Size, Global Report Till 2031 | Broadcom Inc, Qualcomm Technologies, Inc, ON Semiconductor Connectivity Solutions, Inc, Intel Corporation
The Global Wi-Fi 6 And Wi-Fi 6E Chipset Market reached US$ 12.7 billion in 2022 and is expected to reach US$ 34.4 billion by 2031, growing with a CAGR of 13.3% during the forecast period 2024-2031.This study enhances the understanding of global Wi-Fi 6 And Wi-Fi 6e Chipset Market dynamics and structure by segmenting and analyzing various market sectors while estimating the overall market size. The purpose of this market research report is to provide a thorough analysis, including insightful observations, statistics, historical data, and industry-validated insights. It also aims to offer forecasts based on solid assumptions and methodologies.
The global Wi-Fi and Wi-Fi 6E market is experiencing significant growth since the certification of Wi-Fi 6 in 2019 and Wi-Fi 6E in 2021. These technologies have rapidly gained traction, now exceeding 50% market share, with projections suggesting they will reach 80% by 2025, particularly in smartphones. Real-world use cases, like the University of Michigan's campus-wide Wi-Fi 6E deployment, highlight their effectiveness. Over 60 countries, including Brazil, Canada, and South Korea, are opening the 6 GHz band for Wi-Fi 6E, boosting global support. North America leads the market, driving adoption and improved connectivity.
Competitive Landscape
The report go through the competitive positioning of key companies, examining aspects such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach.
Broadcom Inc., Qualcomm Technologies, Inc., ON Semiconductor Connectivity Solutions, Inc., Intel Corporation, Celeno, MediaTek Inc., Texas Instruments Incorporated, Cypress Semiconductor Corporation, STMicroelectronics N.V, NXP Semiconductors N.V.
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Key Developments
• In July 2023, TP-Link launched the Deco X55 Pro, an affordable Wi-Fi 6 mesh router system, offered in a three-pack.
• In June 2023, CommScope expanded its Wi-Fi 6E lineup with the SURFboard mAX 6E tri-band mesh system, utilizing the 6GHz band for enhanced speed and performance in home networks.
• In October 2023, Adtran introduced its next-generation Wi-Fi 6, 6E, and 7 service delivery gateways (SDGs), the SDG 8600 and 8700 Series. These energy-efficient routers, with twice the processing power of earlier models, support over 250 devices simultaneously, optimizing in-home connectivity.
Market Segmentation
The Wi-Fi 6 And Wi-Fi 6e Chipset market research report is segmented as:
By Chipset: Wi-Fi 6, Wi-Fi 6E
By Device: WLAN Infrastructure Devices, Wireless Cameras, Industrial IoT Devices, Connected Vehicles, Drones, Others
By Application: Residential/Consumers, Commercial, Industrial, Smart City, Transportation & Logistics, Government & Defense, Others
Regional Analysis
North America: US, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain, Rest of Europe
Asia Pacific: China, India, Japan, Australia, Rest of Asia Pacific
South America: Brazil, Argentine, Rest of South America
Middle East and Africa
**Note: The full version of the report includes an in-depth analysis of emerging players and startups, providing valuable insights into the evolving market landscape and key strategies being adopted. *
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Key Questions Addressed in the Study
➡What is the projected growth rate of the Wi-Fi 6 And Wi-Fi 6e Chipset Market during the forecast period of 2031?
➡What are the primary factors driving the Wi-Fi 6 And Wi-Fi 6e Chipset Market across different regions?
➡Who are the leading vendors in the Wi-Fi 6 And Wi-Fi 6e Chipset industry, and what strategies contribute to their success?
➡What is the expected market scope for the upcoming period?
➡What significant trends are shaping the industry's growth in the near future?
➡What challenges does the Wi-Fi 6 And Wi-Fi 6e Chipset Market face?
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