Emerging Wi-Fi 7 Market Trend 2025-2034: Keysight Unveils Advanced Wireless Test Platform For Wi-Fi 7 Technology

How Is the Wi-Fi 7 Market Projected to Grow, and What Is Its Market Size?
Over the past few years, the Wi-Fi 7 market scale has expanded significantly. The market is projected to rise from $1.67 billion in 2024 to $2.76 billion in 2025, with a compound annual growth rate (CAGR) of 65.6%. This increase during the previous years is owing to greater requirements for energy conservation, data-intensive demands, digital age needs, enhanced internet access, and rise in data traffic.

Expectations are high for a significant surge in the Wi-Fi 7 market size in the coming years. The anticipation is that it will escalate to $20.58 billion by 2029, maintaining a compound annual growth rate (CAGR) of 65.3%. This growth projection during the predicted period is tied to factors such as growing demand for smart consumer gadgets, escalating use of interconnected devices, expansion of smart cities, rising number of smartphone consumers, and increasing IoT devices count. The period is also expected to experience significant trends such as creation of high-end Wi-Fi chipsets, technological advancement, progression in industry 4.0 and smart technologies, smart city projects benefiting from integration, and the merging with 5g networks.

What Is Contributing to the Growth of the Wi-Fi 7 Market?
It is anticipated that the increasing embrace of the Internet of Things (IoT) will spur the expansion of wi-fi 7 markets in the future. IoT refers to a network wherein physical devices interconnect and exchange data over the internet. This growth in IoT adoption is driven by the proliferation of connected devices, the evolution of sensor technology, and the growth of high-speed internet infrastructure leading to its large-scale integration across various sectors. Wi-fi 7 boosts IoT by offering superior connectivity, quicker data transmission speeds, and lower latency, contributing to the effective communication and functioning of numerous interconnected IoT devices. For instance, as reported by the UK's non-profit organization, the Global System for Mobile Communications Association (GSMA), in August 2022, it expects that IoT's worldwide connections will rise to 23.3 billion by 2025, a remarkable rise from the 15.1 billion connections documented in 2021. As a result, the increasing adoption of IoT is driving the expansion of the wi-fi 7 market.

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Who Are the Major Industry Players Fueling Wi-Fi 7 Market Expansion?
Major companies operating in the Wi-Fi 7 market are Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Qualcomm Incorporated, Broadcom Inc., MediaTek Inc., ZTE Corporation, CommScope Holding Company Inc., Keysight Technologies Inc., Vantiva SA, Rohde and Schwarz GmbH and Co. KG., TP-Link Technologies Co. Ltd., MaxLinear Inc., Netgear Inc., Ruijie Networks Co. Ltd., DZS Inc., LitePoint Corporation, VVDN Technologies Pvt. Ltd., ADB Global, SDMC Technology Co. Ltd., Actiontec Electronics Inc., Senscomm Semiconductor Co. Ltd., H3C Technologies Co. Ltd.

Which Key Developments Are Influencing the Wi-Fi 7 Market?
Leading firms in the wi-fi 7 market are prioritizing the development of breakthrough technologies, such as wi-fi performance test solutions, aimed at improving network speed, dependability, and proficiency. These tools and strategies check the quality, speed, coverage, and reliability of wi-fi networks. They are instrumental in optimizing wi-fi networks to deliver peak performance in diverse settings, from private homes and offices to major corporations and public areas. For example, in February 2024, Keysight Technologies Inc., an American company specializing in electronic design and test solutions, introduced the E7515W UXM Wireless Connectivity Test Platform tailored for wi-fi 7. This inclusive network emulation solution is crafted for testing devices that incorporate the latest wi-fi 7 technology. The platform provides extensive testing capacities for wi-fi 7's rapid data transmission, improved connectivity, and lesser latency. It accommodates a variety of performance gauges including advanced modulation models and multi-link operations, making sure that devices satisfy the strict requirements of wi-fi 7. The platform is also equipped with real-time examination and debugging tools, permitting precise assessment and enhancement of network performance.

How Is the Segmentation of the Wi-Fi 7 Market Defined?
The Wi-Fi 7market covered in this report is segmented -

1) By Offering: Hardware, Software, Services
2) By Location Type: Indoor, Outdoor
3) By Application: 8K Video Streaming, Cloud-Based Gaming, Augmented Reality And Virtual Reality, Industrial Internet of Things And Industry 4.0, Smart Cities, Telemedicine, Other Applications
4) By Industry Vertical: Education, Healthcare And Life Sciences, Manufacturing, Media And Entertainment, Retail, Transportation And Logistics, Travel And Hospitality, Other Industry Verticals

Subsegments:
1) Hardware: Routers, Access Points
2) Software: Network Management Software, Security Software
3) Services: Installation Services, Support and Maintenance Services

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Which Region Is at the Forefront of the Wi-Fi 7 Market?
North America was the largest region in the Wi-Fi 7 market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the Wi-Fi 7 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Wi-Fi 7 Global Market Report?

- Market Size Analysis: Analyze the Wi-Fi 7 Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Wi-Fi 7 Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Wi-Fi 7 Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Wi-Fi 7 Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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