Wi-Fi 6 Market Share

  • Report ID: 5866
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Wi-Fi 6 Market Share

APAC Market Forecast

The Asia Pacific wi-fi 6 market is estimated to gather the highest revenue share of about 35% over the forecast period. The growth of the market in this region is set to be dominated by a rising number of startups and manufacturers who are offering wi-fi 6 services. Additionally, this is also experiencing growing urbanization which is demanding high-speed internet connection. Roughly 2.2 billion people, or 54% of the world's metropolitan population, reside in Asia. Asia's urban population is estimated to increase by 50% by 2050, adding 1.2 billion new residents. As a result, this factor is also projected to encourage market expansion in this region.

North American Market Analysis

The North America wi-fi 6 market is also set to have notable growth over the forecast period. The major element influencing the market expansion in this region is the growing demand for smart homes. Additionally, the development of smart house technology has drawn significant investments and a plethora of entrepreneurs to the United States, which has emerged as a hub for smart home innovation. Hence, this factor is set to significantly impact the growth of the wi-fi 6 market in this region.   

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Author Credits:  Abhishek Verma


  • Report ID: 5866
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of Wi-Fi 6 is estimated at USD 8.93 billion.

Wi-Fi 6 Market size was over USD 7.27 billion in 2024 and is poised to cross USD 191.28 billion by the end of 2037, growing at more than 28.6% CAGR during the forecast period i.e., between 2025-2037. The market growth is owing to surging number of IoT connected devices, rising number of employees working remotely, and growing spending on smart cities.

Asia Pacific industry is expected to dominate majority revenue share of 35% by 2037, due to growing urbanization.

The major players in the market are Nokia Corporation, Broadcom Inc., ADTRAN, Inc., Extreme Networks, and others.
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