Market Research Report
Wi-Fi 6 Technology Market, By Component (Solution and Services ), By End User, By Industry Vertical, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
|Published by||Coherent Market Insights||Product code||959470|
|Published||Content info||130 Pages
Delivery time: 2-3 business days
|Wi-Fi 6 Technology Market, By Component (Solution and Services ), By End User, By Industry Vertical, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027|
|Published: September 3, 2020||Content info: 130 Pages||
Wi-Fi 6 Technology Market, By Component (Solution (Controller/Switch, Access points, Gateways/routers and Others) and Services (Network Planning and Design, Installation, and Support& Maintenance)), By End User (Enterprise and Consumer), By Industry Vertical (Education, Healthcare, Retail, Transportation, Government, Manufacturing, Hospitality, Sports and Leisure, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027.
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.
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.