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Wi-Fi 6 Market worth $26.2 billion by 2027 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

12 Apr, 2022, 14:00 BST

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CHICAGO, April 12, 2022 /PRNewswire/ -- According to a research report "Wi-Fi 6 Market with COVID-19 Impact Analysis, by Offering (Hardware, Solution, and Services), Location Type (Indoor and Outdoor), Organization Size, Vertical (Education, Healthcare, Government, Manufacturing) and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Wi-Fi 6 Market size is expected to grow from USD 11.5 billion in 2022 to USD 26.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period.

Browse in-depth TOC on "Wi-Fi 6 Market"

208 – Tables

52 – Figures

218 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=174384441

By Offering, the service segment to have a higher growth during the forecast period

The Wi-Fi 6 solutions include professional and managed services. Wi–Fi 6 services enable organizations to offload the burden of managing their network infrastructures and focus on their core businesses, thereby increasing their productivity. Providers of Wi–Fi network infrastructures of enterprises by providing them different types of services through a subscription–based pricing model. Wi–Fi 6 allows enterprises and service providers to support new and emerging applications on the same Wireless LAN (WLAN) infrastructure while delivering a higher grade of service to applications. This scenario sets the stage for new business models and increased Wi–Fi 6 adoption.

Managed services segment is expected to grow at a higher CAGR during the forecast period

Managed Service Providers (MSPs) offer complementary services for the marketing cloud–based Wi–Fi 6. They are third–party IT service providers that remotely manage the IT infrastructure and systems of clients for backup and recovery of business–critical data. These service providers carry out 24/7 remote monitoring of Wi–Fi 6 networks for their commercial clients. Enterprises opt for managed services to overcome the challenges of budget constraints and technical expertise as managed service providers have skilled human resources, infrastructure, and industry certifications. They offer services to monitor and manage hardware devices and manage the availability and the performance of networks. They also ensure smooth operations and security of networks. The growth of the Wi–Fi 6 market is being driven by the increasing reliance by businesses on the use of IT to improve business productivity, coupled with a continuing rise in demand for specialized MSPs and cloud–based managed Wi–Fi 6 services.

Speak to Our Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=174384441

Asia Pacific (APAC) region to record the highest growing region in the Wi-Fi 6 Market

The Asia Pacific is home to many developing economies, and many countries in this region are adopting new technologies to comply with procedures for increasing the efficiency of financial systems. The key countries include Australia, Japan, Singapore, India, China, and New Zealand. The region is expected to witness the fast-paced adoption of Wi-Fi 6 software. The Asia Pacific is estimated to be the fastest-growing Wi-Fi 6 Market owing to the rise in the adoption of new technologies, high investments for digital transformation, the rapid expansion of domestic enterprises, extensive development of infrastructures, and increasing GDP of various countries. Rapidly growing economies, such as China, Japan, Singapore, and India, are implementing Wi-Fi 6 solutions across multiple business processes to provide effective solutions.

Key and innovative vendors in the Wi-Fi 6 Market are Cisco Systems (US), Intel Corporation (US), Huawei Technologies (China), NETGEAR (US), Juniper Networks (US), Broadcom (US), Qualcomm Inc. (US), Extreme Networks (US), Ubiquiti Networks (US), Fortinet Inc. (US), Aruba Networks (US), NXP Semiconductors (Netherlands), AT&T (US), Cambium Networks (US), D-Link Corporation (China), Alcatel-Lucent (US), TP-Link (China), MediaTek (China), Telstra (Australia), Murata (Japan), Sterlite Technologies Limited (India), Celeno (Israel), H3C (China), Senscomm Semiconductor (China), XUNISON (Ireland), Redway Networks (UK), VSORA (France), NEWRACOM (US), WILUS Group (South Korea), Federated Wireless (US).

Browse Adjacent Markets: Mobility and Telecom Market Research Reports & Consulting

Related Reports:

Wi-Fi as a Service Market by Solution (Access Points and WLAN Controllers), Service (Professional and Managed Services), Location Type (Indoor and Outdoor), Organization Size, End users and Region - Global Forecast to 2026

Wi-Fi Market by Component (Hardware, Solution, and Services), Density (High-density Wi-Fi and Enterprise-class Wi-Fi), Location Type (Indoor and Outdoor), Organization Size, Vertical (Education, Retail and eCommerce), and Region - Global Forecast to 2026

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/wi-fi-6-market.asp
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SOURCE MarketsandMarkets

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