Wi-Fi 6 Market Regional Analysis:
APAC Market Insights
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 Insights
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.
