The growing need for high-bandwidth, low-latency internet connections in crowded environments and the industry's adoption of the Internet of Things (IoT) are driving the growth of the Wi-Fi 6 market, which was valued at USD 12.9 billion in 2024 and is expected to reach USD 64.1 billion by 2034, with a compound annual growth rate (CAGR) of 19.6% from 2025 to 2035.
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Also referred to as 802.11ax, Wi-Fi 6 offers the most recent developments in wireless technology, including enhanced network capacity, better performance, and lower latency. It allows for online gaming, streaming HD videos, and faster download speeds with less battery usage. Additionally, it employs new encryption technologies like Wi-Fi protected access 3 (WPA3) and Simultaneous Authentication of Equals (SAE) to make it secure.
GROWTH DRIVERS
Wi-Fi 6 provides the fast wireless networks required to support the growing number of smart home devices, such as smart lights, smart speakers, and other smart appliances. Due to the COVID-19 epidemic, the rise of online learning with live classes and distant work that needs uninterrupted video calls or HD video streaming has brought attention to how crucial reliable internet access is.
Governmental organizations, the healthcare industry, and other public sectors depend on robust Wi-Fi networks for networking and communication, as well as for delivering various forms of support and creating digital goods and services.
Global Key Players:
- Intel Corporation
- Cisco Systems
- Qualcomm Incorporated
- Broadcom Corporation
- Asustek Computer Inc.
- Huawei Technologies Co. Ltd
- TP-Link Technologies Co. Ltd
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