Contact Us

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Market Overview

Wi-Fi 6 technology is an advanced wireless technology, which is also known as 802.11ax Wi-Fi. Wi-Fi 6 provides features such as Orthogonal frequency division multiple access (OFDMA), Multi-user multiple input multiple output (MU-MIMO), 160 MHz channels, Target wake time (TWT), 1024 quadrature amplitude modulation mode (1024-QAM), and others. Due to these features, it can provide up to four times more internet speed and four times more device connectivity than its predecessor Wi-Fi 5 or 802.11ac with increase in the overall network security.

The global Wi-Fi 6 technology market is expected to exhibit a CAGR of 26.5% during the forecast period (2020-2027).

Market Dynamics- Drivers

Increasing demand for high-speed internet connection, and increasing number of internet users and devices are expected to drive the global Wi-Fi 6 technology market during the forecast period

The demand for high-speed internet connectivity has increased in the recent past. According to a report published by Cisco Systems, Inc. in April 2019, globally, internet users were 45.3% in 2017, which is expected to reach 59.7% by 2022.

Furthermore, average internet speed is expected to reach 75.4 Mbps in 2022 from 39.0 Mbps in 2017. Thus, the world is expected to witness significant increase in internet speed and the number of internet users over the forecast period. Consumers' devices equipped with internet connectivity are also expected to increase during the forecast period. However, presently used wireless technologies such as 802.11ac technology (Wi-Fi 5) and 802.11n (Wi-Fi 4) are not equipped for such high demand internet connectivity. For instance, Wi-Fi 5 technology router can handle up to 32 devices at a single time. Furthermore, according to Wi-Fi Alliance, a U.S.-based Wi-Fi certificate providing company, Wi-Fi 6 certified router can manage four times more devices than Wi-Fi 5 router and can send 25% more data in a single packet. Thus, increasing demand for high-speed internet connection, and increasing number of internet users and devices are expected to drive the global Wi-Fi 6 technology market growth during the forecast period.

Statistics:

North America held dominant position in the global Wi-Fi 6 technology market in 2019, accounting for 43.2% share in terms of value, followed by Asia Pacific, Europe, Latin America, and MEA.

Figure 1: Global Wi-Fi 6 Technology Market Share (%), By Region, 2019

Wi-Fi 6 Devices  | Coherent Market Insights

Market Restraints

High initial investment in Wi-Fi 6 is expected to restrain growth of the global Wi-Fi 6 technology market during the forecast period

Wi-Fi 6 technology provides various benefits such as high-speed internet connectivity to a large number of devices with improved security. However, to use Wi-Fi 6 technology, all devices must be equipped with Wi-Fi 6 technology. For instance, to access the internet using Wi-Fi 6 technology on smartphones, both smartphones and internet routers must be equipped with Wi-Fi 6 technology, otherwise users might fail to get the anticipated results. To tackle this situation, many smartphone companies are developing high-end smartphones equipped with Wi-Fi 6 technology. For instance, in August 2019, Samsung Electronics Co., Ltd., a South Korea-based electronics company, launched Samsung Galaxy Note 10 and Note 10+, which are the company’s first high-end smartphone equipped with Wi-Fi 6 technology. However, as of now, this technology is limited to high-end devices only, which might hamper the global Wi-Fi 6 technology market growth.

request-sample

Wi-Fi 6 Technology Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: N/A
Historical Data for: 2016 to 2019 Forecast Period: 2020-2027
Forecast Period 2020 to 2027 CAGR: 26.5% 2027 Value Projection: TBD
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East and Africa: GCC Countries, Israel, South Africa and Rest of Middle East and Africa
Segments covered:
  • By Component:
    • Solution: Controller/switch, Access points, Gateways/routers, Others.
    • Services: Network Planning and Design, Installation, Support& Maintenance.
  • By End User: Enterprise, Consumer
  • By Industry Vertical: Education, Healthcare, Retail, Transportation, Government, Manufacturing, Hospitality, Sports and Leisure, Others (BFSI, Oil and Gas, and Defense and Military).
Companies covered:

ADTRAN, Inc., Aerohive Networks, Aruba Networks (Hewlett Packard Enterprise), Cisco Systems, Inc. (including Cisco Meraki), Extreme Networks Inc., Fortinet, Huawei Technologies Co., Ltd., Mojo Networks, Inc., Riverbed Technology, Inc., Cambium Networks, Ltd., Ruckus Networks, TP-Link Technologies Co., Ltd., and Ubiquiti Networks.

Growth Drivers:
  • Increasing demand for high-speed internet connection combined with increasing internet users and devices
  • The increasing demand for Wi-Fi 6 in stadiums
Restraints & Challenges:
  • The high initial investment required for Wi-Fi 6 technology
  • Low benefit–cost ratio of Wi-Fi 6 technology

Market Opportunities

Increasing smart city projects across the globe is expected to create lucrative growth opportunities for market players in the global Wi-Fi 6 technology market

Across the globe, various governments are investing in smart city projects, which enables governments to manage the resources according to citizens’ needs. For instance, in June 2015, the Government of India launched the National Smart Cities Mission to develop 100 smart cities across India by 2023 with US$ 14 billion budget. Similar projects have been undertaken by various governments across the globe. In these smart city projects, various internet of things (IoT) devices such as smartphones, CCTV cameras, and others are connected to the internet, which will provide data to the government. Wi-Fi 6 technology can provide high-speed internet connectivity to manage real-time data on these devices. Thus, increasing number of smart city projects across the globe is expected to create lucrative growth opportunities for market players in the global Wi-Fi 6 technology market.

Global Wi-Fi 6 Technology Market - Impact of Coronavirus (Covid-19) Pandemic

Due to Covid-19 pandemic, many people are working from home. According to Coherent Market Insights’ analysis, in 2020, due to Covid-19 pandemic, around 4.8 million people are working from home. Furthermore, many companies across the globe are providing work from home option to employees. For instance, in May 2020, Facebook Inc. and Google Inc. extended work from home period till December 2020. Similar adoption of work from home (WFH) is seen in many other technology companies such as Twitter, Microsoft Corporation, and others due to which the usage of internet suddenly increased, which will increase demand for internet with higher bandwidth such as 6Ghz. Furthermore, many companies are using virtual private network (VPN) to safe guard their network. However, using VPN will create latency problem, which will further reduce the network efficiency. Thus, to protect the network and increase the efficiency, companies are adopting Wi-Fi 6 technology.

Competitive Landscape

Key companies operating in the global Wi-Fi 6 technology market include ADTRAN, Inc., Aerohive Networks, Aruba Networks (Hewlett Packard Enterprise), Cisco Systems, Inc. (including Cisco Meraki), Extreme Networks Inc., Fortinet, Huawei Technologies Co., Ltd., Mojo Networks, Inc., Riverbed Technology, Inc., Cambium Networks, Ltd., Ruckus Networks, TP-Link Technologies Co., Ltd., and Ubiquiti Networks.

These key market players are focusing on research and development of new products to capture new markets.

Key Developments

  • Key manufacturers are focused on launching new products in order to enhance their product portfolio. For instance, in March 2020, Aruba Networks, a part of the U.S.-based Hewlett Packard Enterprise, launched Aruba Air Pass, which enables its users to connect to its Aruba enterprise Wi-Fi 6 networks.
  • For instance, in April 2019, Cisco Systems, Inc. launched Wi-Fi 6 enabled Catalyst 9600 series, a wireless networking access points, and switch gears for the enterprise. According to Cisco, these new products will improve network speed and coverage with improved security.

Wi-Fi 6 technology is an advanced technology, which enables devices to connect to high-speed internet and provides features such as Orthogonal frequency division multiple access (OFDMA), Multi-user multiple input multiple output (MU-MIMO), 160 MHz channels, Target wake time (TWT), 1024 quadrature amplitude modulation mode (1024-QAM), and others. Due to these benefits, Wi-Fi 6 technology is expected to be adopted in various business verticals such as education, healthcare, retail, transportation, government, manufacturing, hospitality, sports and leisure, and others.

Market Dynamics

Increasing demand for Wi-Fi 6 technology in the consumer electronics devices is expected to drive the global Wi-Fi 6 technology market growth during the forecast period. Consumer electronics companies such as Samsung Electronics Co., Ltd., Apple Inc., and others are rapidly adopting new technologies such as Wi-Fi 6 in their new products such as Apple iPhone 11 series, which was launched in September 2019 by Apple Inc. Another such example is the OnePlus 8 and 8 Pro series, which was launched in April 2020 by One Plus Technology Co., Ltd., a China-based smartphone manufacturing company. In order to remain competitive in the market, these companies are rapidly adopting Wi-Fi 6 technology, which will drive the market growth during the forecast period. 

Furthermore, the automotive sector is now shifting towards autonomous driving technology, which will improve the overall driving experience of users using advanced wireless technology such as 5G and Wi-Fi 6. An increase in the internet speed will provide considerable improvement to the vehicle to vehicle communication and onboard entertainment system. Thus, the adoption of Wi-Fi 6 technology in the automotive sector will create lucrative growth opportunities for the key players. Furthermore, in the peak office hours, data transfer is exponentially increased, thereby creating excessive pressure on the Wi-Fi routers, which can only be handled by Wi-Fi 6 technology.

Key features of the study:

  • This report provides an in-depth analysis of the global Wi-Fi 6 technology market, and provides market size (US$ billion) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
  • It profiles leading players in the global Wi-Fi 6 technology market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the global Wi-Fi 6 technology market include ADTRAN, Inc., Aerohive Networks, Aruba Networks (Hewlett Packard Enterprise), Cisco Systems, Inc. (including Cisco Meraki), Extreme Networks Inc., Fortinet,  Huawei Technologies Co., Ltd., Mojo Networks, Inc., Riverbed Technology, Inc., Cambium Networks, Ltd., Ruckus Networks, TP-Link Technologies Co., Ltd., and Ubiquiti Networks
  • These key market players are focusing on collaborating with other market leaders to launch new products to meet the increasing consumer requirements
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global Wi-Fi 6 technology market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Wi-Fi 6 technology market

Detailed Segmentation:

  • Global Wi-Fi 6 Technology Market, By Component:
    • Solution
      • Controller/Switch
      • Access points
      • Routers/Gateways
      • Others
    • Services
      • Network Planning and Design
      • Installation
      • Support& Maintenance
  • Global Wi-Fi 6 Technology Market, By End User:
    • Enterprise
    • Consumer
  • Global Wi-Fi 6 Technology Market, By Industry Vertical:
    • Education
    • Healthcare
    • Retail
    • Transportation
    • Government
    • Manufacturing
    • Hospitality
    • Sports and Leisure
    • Others (BFSI, Oil and Gas, and Defense and Military)
  • Global Wi-Fi 6 Technology Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa
  • Company Profiles
    • ADTRAN, Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Aerohive Networks
    • Aruba Networks (Hewlett Packard Enterprise)
    • Cisco Systems, Inc. (including Cisco Meraki),
    • Extreme Networks Inc.,
    • Fortinet
    • Huawei Technologies Co., Ltd.
    • Mojo Networks, Inc.
    • Riverbed Technology, Inc.
    • Cambium Networks, Ltd.
    • Ruckus Networks
    • TP-Link Technologies Co., Ltd.
    • Ubiquiti Networks

 *Browse all the market data tables and figures on “Global Wi-Fi 6 Technology Market- Forecast to 2027”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Component
      • Market Snippet, By End User
      • Market Snippet, By Industry Vertical
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New Product Launch/Approvals
    • Impact of Wi-Fi 6 on Internet-of-Thing (IoT)
  4. Impact of COVID-19 Pandemic on Global Wi-Fi 6 Technology Market
    • Short Term and Long Term Impact, by Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East and Africa
    • Short Term and Long Term Impact, by End User
      • Enterprise
      • Consumer
  5. Global Wi-Fi 6 Technology Market, By Component, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • Solution
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
        • Controller/Switch
        • Access points
        • Routers/Gateways
        • Others
    • Services
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
        • Network Planning and Design
        • Installation
        • Support& Maintenance
  6. Global Wi-Fi 6 Technology Market, By End User, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • Enterprise
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Consumer
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
  7. Global Wi-Fi 6 Technology Market, By Industry Vertical, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Segment Trends
    • Education
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Healthcare
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Retail
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Transportation
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Government
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Manufacturing
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Hospitality
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Sports and Leisure
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
    • Others (BFSI, Oil and Gas, and Defense and Military)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Billion)
  8. Global Wi-Fi 6 Technology Market, By Region, 2017-2027  (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End User, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Industry Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End User, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Industry Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Spain
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End User, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Industry Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End User, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Industry Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Regional Trends
      • Market Size and Forecast, By Component, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By End User, 2020–2027 (US$ Billion)
      • Market Size and Forecast, By Industry Vertical, 2020–2027 (US$ Billion)
      • Market Share Analysis, By Country/Region, 2019 and 2027 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  9. Competitive Landscape
    • Company Profiles
      • ADTRAN, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Aerohive Networks
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Aruba Networks (Hewlett Packard Enterprise)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cisco Systems, Inc. (including Cisco Meraki),
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Extreme Networks Inc.,
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Fortinet
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Huawei Technologies Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Mojo Networks, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Riverbed Technology, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cambium Networks, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ruckus Networks
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • TP-Link Technologies Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ubiquiti Networks
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on “Global Wi-Fi 6 Technology Market-forecast to 2027”.

Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner