The North America Wi-Fi 6 Market would witness market growth of 26.1% CAGR during the forecast period (2023-2030).
WLAN (wireless local area network) technology has advanced to Wi-Fi 6. 802.11ax, the most recent version of the 802.11 wireless networking standard, is Wi-Fi 6. According to reports, this new Wi-Fi standard is up to 30% quicker than Wi-Fi 5. The expansion of the market has been further fuelled by increased internet users. On the other hand, public places such as malls, stadiums, airports, and hotels are progressively providing Wi-Fi access. Wi-Fi 6 is anticipated to expand its potential in the coming years because of the increased demand for Wi-Fi devices.
The use of Wi-Fi 6 chipsets is also expected to improve quickly due to the rapidly expanding demand for modern devices that can support new wireless frequency bands, including 2.4GHz, 5GHz, and 6GHz. Furthermore, offering BSS coloration features in chipset technology would improve network reliability in a dense ecosystem by permitting frames from a neighbouring network. These frames speed up the network and help to reduce network interference from other networks. There is projected to be a significant increase in demand for it in commercial, industrial, and residential applications.
According to new 2021 American Community Survey (ACS) 1-year estimates released today by the U.S. Census Bureau, the proportion of Americans who predominantly work from home quadrupled between 2019 and 2021, rising from 5.7% (approximately 9 million people) to 17.9% (27.6 million people). In 2021, the District of Columbia had the greatest proportion of home-based workers (48.3%) among all the states and state equivalents. As a result, Mexico has become an increasingly appealing destination for remote workers looking for a change of scenery, improved work-life balance, and a culturally enlightening experience. The regional market is expected to expand due to the rising popularity of remote working methods.
The US market dominated the North America Wi-Fi 6 Market by Country in 2022 and would continue to be a dominant market till 2030: thereby, achieving a market value of $7.5 billion by 2030. The Canada market is anticipated to grow at a CAGR of 28.9% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 27.8% during (2023 - 2030).
Based on Location, the market is segmented into Indoor, and Outdoor. Based on Offering, the market is segmented into Hardware (Wireless Access Points, Mesh Routers & Home Gateways, Wireless Controllers, System on Chip, and Others), Solution, and Services. Based on Application, the market is segmented into HD Video Streaming & Video Streaming, Immersive Technologies, Smart Home Devices & Telemedicine, IoT, Industry 4.0, Public Wi-Fi & Dense Environments, and Others. Based on Vertical, the market is segmented into Education, Government & Public Sector, Travel & Hospitality, Healthcare & Lifesciences, Media & Entertainment, Retail & eCommerce, Transportation & Logistics, Residential, Manufacturing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Wi-Fi 6 Market is Projected to reach USD 29.4 Billion by 2030, at a CAGR of 26.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NXP Semiconductors N.V., Cisco Systems, Inc., Broadcom, Inc., Intel Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Netgear, Inc., Juniper Networks, Inc., Extreme Networks, Inc., Fortinet, Inc., and Ubiquiti Inc.
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