Regional Analysis

Global Wi-Fi 6 Devices Market: Regional Insights

In 2022, the Asia Pacific region is projected to generate the highest revenue in the coming years. The region's developing countries are experiencing rapid industrialization, and various industry sectors are swiftly adopting Industry 4.0 technology. These factors are contributing to the growth of the market in this area. Moreover, the increasing number of start-ups and manufacturers offering Wi-Fi 6 hardware, software, and solutions are expected to create more demand for Wi-Fi 6 technologies. Chinese wireless companies such as Zunpai Communication Technology (Nanjing) Co., Ltd. are developing Wi-Fi 6 router chips and 2×2 MIMO architecture router ICs specifically targeting the 3Gbps market. Similarly, the India government introduced a public Wi-Fi initiative called PM-WANI to enhance broadband connectivity by deploying Wi-Fi access points in public locations. This initiative is anticipated to drive the revenue growth in the region over the forecast period.

The North America market is anticipated to experience significant growth during the forecast period. The increasing demand for high-speed and low-latency internet connections, along with the rising popularity of the hybrid work-from-home model, are the key factors expected to boost the market's revenue in this region. Wi-Fi 6 is considered the optimal choice for IoT connectivity as it offers data rates of up to 10 Gb/s with eight antennas, 160 MHz of bandwidth, and 1,024 QAM. This technology is beneficial for devices such as mobile phones, tablets, laptops, and power-intensive devices with large batteries. It can also support devices with lower specifications, such as those with one antenna, 40 MHz bandwidth, and 256 QAM, which can achieve speeds of 230 Mb/s. This flexibility allows smaller devices to access the features of Wi-Fi 6. With the hybrid work-from-home model providing added flexibility for nearly 60% of employed Americans, Wi-Fi 6 routers can enhance overall performance by delivering faster throughput. This is expected to create a high demand for Wi-Fi 6 among working professionals. Compared to the maximum throughput of approximately 3.5 Gbps in 802.11ac, Wi-Fi 6 offers a maximum data transfer speed of 10 Gbps. Additionally, Wi-Fi 6 aims to reduce client power consumption, increase client capacity, and alleviate network congestion. These factors are anticipated to drive significant demand for Wi-Fi 6 in the region, leading to revenue growth in the market.

The Europe region is predicted to demonstrate a consistent growth rate in revenue throughout the forecast period. This growth can be attributed to two main factors: the rapid surge in e-learning during the COVID-19 lockdown and the rapid adoption of Industry 4.0 technologies in various countries across the region. Wi-Fi 6 offers a feature called Target Wake Time (TWT), which allows devices to schedule when they will wake up to transmit and receive data. This feature extends the battery life of mobile devices like smartphones and tablets, as well as battery-operated smart home devices such as security cameras and video doorbells. The improved bandwidth management of the new standard also enhances Quality of Service (QoS) options and leverages previously underutilized radio frequencies to deliver faster performance in the 2.4 GHz band. Many enterprises in Europe are upgrading their Wi-Fi infrastructure to leverage the capabilities of Wi-Fi 6. Features, such as Orthogonal Frequency Division Multiple Access (OFDMA) and Multi-User Multiple Input Multiple Output (MU-MIMO), provide improved efficiencies in handling multiple users, which is expected to support the revenue growth of the market in this region.

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, and Rest of Middle East, South Africa, North Africa, and Central Africa