Global Wi-Fi 6 And Wi-Fi 6E Chipset Market - 2023-2030

Overview

Global Wi-Fi 6 And Wi-Fi 6E Chipset Market reached US$ 12.7 billion in 2022 and is expected to reach US$ 34.4 billion by 2030, growing with a CAGR of 13.3% during the forecast period 2023-2030.

The global Wi-Fi and Wi-Fi 6E market are undergoing substantial growth and gaining momentum. Following the certification of Wi-Fi 6 in 2019 and Wi-Fi 6E in 2021 by the Wi-Fi Alliance, these technologies have experienced rapid adoption. The surge in uptake underscores the increasing recognition and demand for advanced wireless technologies, reflecting their capacity to meet evolving connectivity needs in various sectors and industries. Wi-Fi 6 has already surpassed 50% market share, with projections indicating further expansion. By 2025, these technologies are anticipated to dominate with an 80% market share, particularly in the smartphone sector.

Real-world deployments in sectors such as healthcare and education showcase the benefits of Wi-Fi 6E. The University of Michigan, for instance, significantly enhanced connectivity across its campus using Wi-Fi 6E access points. Over 60 countries are considering opening up the 6 GHz band for Wi-Fi, ensuring globally regulatory support. The includes countries like Brazil, Canada, Saudi Arabia and South Korea, actively allocating spectrum for Wi-Fi 6E, further bolstering its global presence. The market's trajectory points towards continued growth and adoption.

North America dominates the Wi-Fi 6 and Wi-Fi 6E market with the largest share, driven by rapid adoption. The region leads in deploying these technologies, fostering improved connectivity and superior user experiences. North America's proactive approach positions it as a key player in the expanding Wi-Fi 6 and Wi-Fi 6E market, highlighting its pivotal role in shaping the future of wireless communication technologies.

Dynamics

Wi-Fi 6 & 6E Market Surges, Outpaces Wi-Fi 5 Adoption and Awaits Accelerated Global Dominance

The Wi-Fi 6 and Wi-Fi 6E market is experiencing significant growth, with Wi-Fi CERTIFIED 6 adoption surpassing 50% market share in just three years, outpacing the previous Wi-Fi 5 standard that took four years to achieve the same. The rapid adoption is driven by the increasing demand for high-performance Wi-Fi in smartphones, tablets, PCs and the expanding capabilities that cater to IoT, service providers and dense public areas, enhancing user experiences.

The extension of Wi-Fi 6 into the 6 GHz band with Wi-Fi 6E has further boosted demand and garnered interest from regulatory bodies globally, with over 400 certified devices already available. It is reported that more than 2.3 billion Wi-Fi 6 products and 350 million Wi-Fi 6E products had entered the market in 2022 according to WiFi Alliance. Companies across the ecosystem are responding to the demand for these technologies with an increasing number of devices and deployment options, as well as regulatory support, making Wi-Fi 6 and Wi-Fi 6E poised for accelerated product adoption, deployment expansion and global market dominance.

Driving Connectivity, Innovation and Global Growth

Wi-Fi 6 and Wi-Fi 6E, building on the foundation of Wi-Fi's remarkable success, are set to further revolutionize the tech landscape. The advanced Wi-Fi standards are pivotal in ensuring connectivity and growth. Wi-Fi 6, rapidly adopted, caters to the ever-increasing demand for high-performance wireless connections, enhancing the user experience in various domains. Wi-Fi 6E, extending into the 6 GHz band, promises even more robust and interference-free connectivity, fueling innovation and applications across sectors.

Both Wi-Fi 6 and Wi-Fi 6E have proven critical during global crises, ensuring connectivity for remote work, education and healthcare. As economies depend on connectivity, these technologies drive social and economic growth.

As per the WiFi Alliance, the economic value attributed to Wi-Fi is substantial, estimated to be over US$ 3.5 trillion. Projections indicate a further increase, reaching nearly US$ 5 trillion by 2025, underscoring the immense significance of Wi-Fi in the global economy. Wi-Fi 6 and Wi-Fi 6E emerge as pivotal facilitators of innovation, providing enhanced user experiences and crucial support for the continually expanding digital landscape.

Cost Barrier in Adoption

The adoption of Wi-Fi 6 and Wi-Fi 6E infrastructure comes with a significant drawback-the high implementation cost. Compared to previous Wi-Fi standards, the initial investment required for these advanced technologies can be a financial burden for businesses and consumers. The cost involves not only upgrading routers and access points but also ensuring that compatible devices are in place.

The expense may deter some from embracing the benefits of faster speeds, lower latency and increased capacity that Wi-Fi 6 and Wi-Fi 6E offer. While these technologies hold promise for enhanced connectivity, the high cost of implementation may limit their accessibility, potentially causing a delay in widespread adoption until the cost barrier is lowered or more cost-effective options become available.

Segment Analysis

The global wi-fi 6 and wi-fi 6E chipset market is segmented based on chipset, device, application and region.

Wi-Fi 6 Dominance in the Wi-Fi 6 and Wi-Fi 6E Market

Wi-Fi 6 dominates the Wi-Fi 6 and Wi-Fi 6E market, primarily owing to its superior performance attributes. With high data rates, low latency and improved connectivity across diverse environments, Wi-Fi 6 proves to be a valuable complement to 5G networks. Its robust features position it as a key player in providing advanced wireless capabilities and meeting the growing demands of modern connectivity.Wi-Fi 6's Orthogonal Frequency Division Multiple Access (OFDMA) enhances support for diverse IoT devices, making it versatile. Its capabilities are crucial in underserved areas where 5G may be less effective.

The technology promises efficient IoT support, especially in congested networks, with features like Target Wake Time (TWT) optimizing battery life. By utilizing unlicensed spectrum in the 6 GHz band, Wi-Fi 6 is poised to meet the growing demand for wireless connectivity, particularly in the context of the surging Internet of Things (IoT) market, projected to reach 55.7 billion connected devices by 2025 as per WiFi Alliance.

Geographical Penetration

North America's Dominance in the Wi-Fi 6 and Wi-Fi 6E Market

North America leads the Wi-Fi 6 and Wi-Fi 6E market due to its significant adoption of connected devices. By 2023, the region is set to have 5 billion connected devices, an increase from 3 billion in 2018, averaging 13.4 devices per person, compared to 8.2 in 2018 as per "Calix". The range of Wi-Fi-enabled devices encompasses personal gadgets like smartphones and smart TVs, extending to those employed in home automation and monitoring.

The global pandemic has emphasized the crucial significance of Wi-Fi, as it has become indispensable for various facets of daily life, encompassing work, education, entertainment and social interactions through videoconferencing. The widespread dependence on Wi-Fi underscores its pivotal role in ensuring seamless connectivity across a diverse array of devices and activities. However, the growing need for Wi-Fi, combined with interference, congestion and the strain imposed by various applications, has put pressure on the network's performance.

Wi-Fi technology, evolving as "Wi-Fi 6", addresses these challenges, providing improved connectivity. With North America's substantial proliferation of connected devices and the evolving role of Wi-Fi, the region holds the largest share in the Wi-Fi 6 and Wi-Fi 6E market, making it a significant player in the global wireless landscape.

COVID-19 Impact Analysis

The COVID-19 pandemic disrupted the global Wi-Fi 6 and Wi-Fi 6E chipset market. Lockdowns enforced by governments in major economies like US, China, Japan and Germany led to manufacturing unit closures, causing a decline in chipset production and supply. As cases decreased, production gradually returned to pre-pandemic levels, although with reduced labor capacity for safety.

The pandemic accelerated the adoption of Wi-Fi 6 and Wi-Fi 6E technology as industries sought enhanced wireless connectivity for technologies like AR/VR, collaborative robots and Wireless IP cameras to improve operational efficiency. With remote work becoming a common practice, the demand for Wi-Fi 6 and Wi-Fi 6E devices is expected to grow in the long term as digital adoption continues to rise.

Russia-Ukraine War Impact Analysis

The Russia-Ukraine war has had ripple effects on the global technology market, including the Wi-Fi 6 and Wi-Fi 6E sectors. Ukraine plays a significant role in the production of electronic components and the conflict has disrupted supply chains. The war has led to uncertainty and increased component prices, impacting the cost of manufacturing Wi-Fi 6 and 6E devices.

Furthermore, geopolitical tensions have raised concerns about the security of the supply chain, prompting many companies to reconsider their reliance on specific regions. The shift may lead to diversification and localization of production, potentially affecting the distribution and availability of Wi-Fi 6 and 6E products.

By Chipset

• Wi-Fi 6
• Wi-Fi 6E

By Device

• WLAN Infrastructure Devices
  • Consumer Devices
  • Smartphones/Tablets
  • Desktops/Laptops
  • AR/VR and Wearables
  • Smart Home Devices
  • Others
• Wireless Cameras
• Industrial IoT Devices
• Connected Vehicles
• Drones
• Others

By Application

• Residentials/Consumers
• Commercial
  • Enterprises/Corporates
  • Airports
  • Stadiums
  • Malls/Shops
  • Hospitals
  • Hotels & Restaurants
  • Educational Campuses
  • Others
• Industrial
  • Smart Manufacturing
  • Energy & Utility
  • Oil & Gas and Mining
• Smart City
• Transportation & Logistics
• Government & Defense
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In July 2023, TP-Link launched the Deco X55 Pro, a competitively priced Wi-Fi 6 mesh router system available in a three-pack.
• In June 2023, CommScope introduced the SURFboard mAX 6E tri-band mesh Wi-Fi system, expanding its Wi-Fi 6E product lineup. Leveraging the newly available 6GHz band, this system offers exceptional speed and performance for modern home networks.
• In October 2023, Adtran introduced its next-generation Wi-Fi 6, 6E and 7 service delivery gateways (SDGs), the SDG 8600 and 8700 Series, aimed at optimizing in-home connectivity. The energy-efficient mesh routers feature a processor twice as powerful as previous models, supporting over 250 devices concurrently.

Competitive Landscape

The major global players in the market include: Broadcom Inc, Qualcomm Technologies, Inc, ON Semiconductor Connectivity Solutions, Inc, Intel Corporation, Celeno, MediaTek Inc, Texas Instruments Incorporated, Cypress Semiconductor Corporation, STMicroelectronics N.V, NXP Semiconductors N.V.

Why Purchase the Report?

• To visualize the global wi-fi 6 and wi-fi 6E chipset market segmentation based on chipset, device, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of wi-fi 6 and wi-fi 6E chipset market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Chipset mapping available as excel consisting of key Chipsets of all the major players.

The global wi-fi 6 and wi-fi 6E chipset market report would provide approximately 61 tables, 65 figures and 205 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies