Global Wi-Fi 6 Devices Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 19.7% through 2020 to 2026, reaching nearly US$ XX Bn.
The Wi-Fi 6 is a next-generation standard in Wi-Fi technology which is also called 802.11 ax WIFI or AX WIFI. These Wi-Fi 6 devices are expected to be commercially available, followed by 6-GHz regulatory approvals.
Global Wi-Fi 6 Devices Market
Global Wi-Fi 6 Devices Market Overview:
The scope of the MMR report includes a detailed study of global and regional markets for the Wi-Fi 6 Devices Market with the reasons given for variations in the growth of the industry in certain regions. The global Wi-Fi 6 devices market is expected to gain market growth from 2020-2026 thanks to the increase in technological advancement in various industries such as education, healthcare, transportation and others. The global Wi-Fi 6 devices market is projected to grow owing to the rise in the use of consumer electronics including tablets, laptops, smartphones, and others. However, rising cyber security breaches over wireless device networks might hamper Wi-Fi 6 devices market growth.
Global Wi-Fi 6 Devices Market Dynamics:
Governments are investing in smart-city projects is expected to create lucrative growth opportunities for companies in the global Wi-Fi 6 devices market.
Globally, many governments are investing in smart-city projects, which allows governments to manage the capitals as per the citizens’ needs. Such as the Indian Government launched in June 2015, the National Smart Cities Mission to grow 100 smart cities across India by 2023 with a USD 14 billion budget. Related projects have been undertaken by many governments across the world. In these smart city projects, several internets of things (IoT) devices like CCTV cameras, smartphones, and others are connected to the internet, which will offer data to the government. Wi-Fi 6 technology can provide high speed internet connectivity to achieve real-time data on these devices.
Global Wi-Fi 6 Devices Market Segmentation:
The MMR report covers all segments in the global Wi-Fi 6 devices market such as t component, band type, density type, industry. Based on the component, the services segment is expected to account for XX% of the total market share in 2019 and is expected to grow at the highest CAGR of 20.4% during the forecast period. This development is attributed to the need for the companies to plan, install, design, and maintain the services offered by them.
Global Wi-Fi 6 Devices Market 1
The services segment subdivided into network planning and design, installation and support& maintenance. Among these, the network planning and design sub-segment is expected to grow at a CAGR of XX% over 2020-2026 thanks to the necessity for operators to develop a tested system and error-free before the overview into the market. However, the support & maintenance segment occupied the second largest market share of XX% in 2019.
Global Wi-Fi 6 Devices Market Regional Analysis:
North America Wi-Fi 6 Devices Market was valued at US$ XX Bn. in 2019 and is expected to reach a value of US$ XX Bn. by 2027, with a CAGR of 21.02% during the forecast period. Thanks to a large number of mobile device development of technology, extensive R&D supported by well-rounded funding to start-ups have contributed to providing Wi-Fi 6 Devices Market with a competitive edge. In North America, the U.S. is expected to grow at the largest CAGR of 20.71% during the forecast period.
APAC accounts for the second-highest XX% revenue share contribution to the Wi-Fi 6 devices market thanks to multi-domain application and the presence of a rich network of well-established companies in APAC like Panasonic and Huawei.
Global Wi-Fi 6 Devices Market Key Development:
The MMR reports analyzes key developments in the global Wi-Fi 6 devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies like product launches, product approvals and others. For Example, in April 2019, Cisco company launched Wi-Fi 6 enabled Catalyst 9600 series, a switch gears and wireless networking access points for the enterprise . As per the Cisco, these new products will expand network coverage and speed with improved security.
In Feb 2020, Huawei Company launched Air Engine Wi-Fi 6 products that speed up the capacity of corporate houses to present fully powered office networks with air-interface data rates as high as 10.75 Gbps.
The report also helps in understanding Global Wi-Fi 6 Devices Market dynamics, structure by analyzing the market segments and project the Global Wi-Fi 6 Devices Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Wi-Fi 6 Devices Market make the report investor’s guide.
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Scope of the Global Wi-Fi 6 Devices Market
Global Wi-Fi 6 Devices Market 2
Global Wi-Fi 6 Devices Market, by Region
• Asia Pacific
• North America
• South America
• Middle East & Africa
Key Players operating in the Global Wi-Fi 6 Devices Market
• ADTRAN, Inc.
• Aerohive Networks
• Aruba Networks (Hewlett Packard Enterprise)
• Cisco Systems, Inc. (including Cisco Meraki)
• Extreme Networks Inc.
• Huawei Technologies Co., Ltd.
• Mojo Networks, Inc.
• Riverbed Technology, Inc.
• Cambium Networks, Ltd.
• Ruckus Networks
• TP-Link Technologies Co., Ltd.
• Ubiquiti Networks
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