Wi-Fi 6 Market Size

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

Wi-Fi 6 Market Size

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

The major factor to dominate the market expansion is a surge in a number of internet users. The Internet has grown in importance as an everyday necessity due to its rising influence on both individual customers and huge economies. For instance, over 5 billion people accessed the internet as of January 2024, amounting to approximately 65 percent of the world's population. Therefore, there will be a greater need for Wi-Fi 6 and its related services as long as the number of internet users continues to rise.

Furthermore, Target Wake Time (TWT), Multi-User Multiple Input Multiple Output (MU-MIMO), and Orthogonal Frequency Division Multiple Access (OFDMA) are among the new features of Wi-Fi 6. The popularity of Wi-Fi 6 devices is fueled by these developments, which improve user experiences, boost throughput, and improve network efficiency. 


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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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