Global Wi-Fi 6 (802.11 ax) Market Research Report 2022

In 2019, Wi-Fi 6 also known as 802.11ax, was introduced as the latest iteration of Wi-Fi technology. It’s changing the way we connect and consume information. The Wi-Fi 6 standard builds on the strengths of earlier Wi-Fi standardswhile improving efficiency, flexibility, and scalability and is a substantial upgrade over previous generations. These enhancements provide new and existing networks with increased speed and capacity for next-generation applications.Although for the average user, the difference might not be immediately apparent. These changes consist of many incremental improvements that add up to a substantial upgrade. Wi-Fi 6 promised faster speeds (almost 3x faster than Wi-Fi 5) and improved the speed available when several devices operate on one network by communicating with multiple users at the same time (rather than in sequence).  Benefits of Wi-Fi 6 as following: 1. Improved security. Wi-Fi 6 technology supports the newest security protocol, Wi-Fi Protected Access 3 (WPA3). WPA3 has stronger user authentication capabilities and better encryption tools. It helps in providing secure wireless networking. 2. Increased battery life. Wi-Fi 6 has features to effectively put specific devices’ Wi-Fi settings to “sleep” when it’s not being used. This frees up bandwidth by sleeping connections, not in use and opening them up to other active devices. 3. High speed even when congested. 4. Increasing access point capacity in support of IoT and mobile devices. 5. Beams focused on speed and dependability. 6. 8X8 spatial streams for concurrent usage. Having a Wifi 6 router capable of 8×8 spatial streams means one can service more devices simultaneously and achieve more general efficiency.

Highlights

The global Wi-Fi 6 (802.11 ax) market is projected to reach US$ 6101.9 million by 2028 from an estimated US$ 3925.2 million in 2022, at a CAGR of 7.6% during 2023 and 2028.

Global key players of Wi-Fi 6 (802.11 ax) include Cisco, HPE, H3C, TP-Link and Huawei, etc. Global top five manufacturers hold a share nearly 60%. Asia-Pacific is the largest market of Wi-Fi 6 (802.11 ax), with a share nearly 50%, followed by North America and Europe.

Considering the economic change due to COVID-19, Hardware, which accounted for % of the global market of Wi-Fi 6 (802.11 ax) in 2021, is expected to reach US$ million by 2028, growing at a revised CAGR of % from 2022 to 2028.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Wi-Fi 6 (802.11 ax), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wi-Fi 6 (802.11 ax).

The Wi-Fi 6 (802.11 ax) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Wi-Fi 6 (802.11 ax) market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Wi-Fi 6 (802.11 ax) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Cisco Systems, Inc.

Hewlett Packard Enterprise Company

New H3C Technologies Co., Ltd.

TP-Link Technologies Co., Ltd.

Huawei

ASUSTeK Computer Inc.

D-Link Corporation

Belkin International, Inc.

Ubiquiti Networks, Inc.

Extreme Networks, Inc.

CommScope

Netgear, Inc.

Xiaomi Corporation

Shenzhen Tenda Technology Co., Ltd.

Cambium Networks, Ltd.

Fortinet, Inc.

MERCURY Communication Technologies Co., Ltd.

NETCORE Group

EDIMAX Technology Co., Ltd.


Product Type Insights


Global markets are presented by Wi-Fi 6 (802.11 ax) type, along with growth forecasts through 2028. Estimates on revenue are based on the price in the supply chain at which the Wi-Fi 6 (802.11 ax) are procured by the companies.

This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2017-2022) and forecast period (2023-2028).

Wi-Fi 6 (802.11 ax) segment by Type

Hardware

Software


Application Insights


This report has provided the market size (revenue data) by application, during the historical period (2017-2022) and forecast period (2023-2028).

This report also outlines the market trends of each segment and consumer behaviors impacting the Wi-Fi 6 (802.11 ax) market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Wi-Fi 6 (802.11 ax) market.

Wi-Fi 6 (802.11 ax)
Segment by Application


Household & Individual Consumer

Office & Commercial

Industrial

Government and Public Sector

Others


Regional Outlook


This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2017-2028.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2021 because of the base year, with estimates for 2022 and forecast revenue for 2028.

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA


Key Drivers & Barriers



High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.


COVID-19 and Russia-Ukraine War Influence Analysis


The readers in the section will understand how the Wi-Fi 6 (802.11 ax) market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Wi-Fi 6 (802.11 ax) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

This report will help stakeholders to understand the global industry status and trends of Wi-Fi 6 (802.11 ax) and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

This report stays updated with novel technology integration, features, and the latest developments in the market

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Wi-Fi 6 (802.11 ax) industry.

This report helps stakeholders to gain insights into which regions to target globally

This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Wi-Fi 6 (802.11 ax).

This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Wi-Fi 6 (802.11 ax) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

Frequently Asked Questions