Wi-Fi 6 And Wi-Fi 6E Chipset Market Size, Share, Growth Analysis, By Chipset Type(Wi-Fi 6, Wi-Fi 6e), By Device type(WLAN Infrastructure Devices, Consumer Devices (Smartphones/Tablets, Desktops/Laptops, AR/VR), By Application(Residentials/Consumers, Commercial (Enterprises/Corporates, Airports, Stadiums), By Region - Industry Forecast 2024-2031

Wi-Fi 6 And Wi-Fi 6E Chipset Market size was valued at USD 12.24 billion in 2019 and is poised to grow from USD 13.3 billion in 2023 to USD 34.5 billion by 2031, growing at a CAGR of 13.83% in the forecast period (2024-2031).

Wi-Fi 6 is the most recent Wi-Fi technology standard, and it was created in response to the ever-increasing number of connected devices throughout the world. If you have a virtual reality (VR) device, several smart home gadgets, or just a large number of devices in your home, a Wi-Fi 6 router may be the best solution for you. Wi-Fi 6 use both 1024-QAM and a 160 MHz channel to create a signal with more data and a wider channel, respectively, in order to make your Wi-Fi faster. This means there will be no stuttering whether utilising virtual reality or streaming video in 4K or even 8K quality. More importantly, Wi-Fi 6 technologies such as MU-MIMO and OFDMA provide up to four times the capacity of previous generations and can manage more devices. Hosting house parties would be a snap with Wi-Fi 6 since the network could easily accommodate all of your visitors and the electrical devices they bring. Wi-Fi 6E is the same as Wi-Fi 6, with the exception of an "E" that stands for "Expanded." This refers to an increased number of wireless bands, specifically the 6 GHz frequency. In other words, Wi-Fi 6E is Wi-Fi 6 that has been stretched to the 6 GHz spectrum.

During the projection period, the market is expected to be driven by the rising requirement for increased network, low latency, and bandwidth communications across companies. The considerable increase in data traffic has pushed the demand for enhanced network connection across a variety of industries, including corporate and industrial. Thus, during the next seven years, it is projected that the installation of wi-fi 6 and 6E devices will expand, as will the need for their chipsets. Broadcom Inc. launched the BCM4389, the world's first Wi-Fi 6E consumer product, in 2019. The device raises the level to support the soon-to-be-operational 6 GHz spectrum as well as wider 160 MHz channel bandwidths, tripling speeds and lowering latency in half when compared to the prior device. The BCM4389 provides over 2 Gbps real-world speeds and up to 5 times better energy usage, making it a fantastic solution for future Augmented Reality/Virtual Reality (AR/VR) devices and flagship smartphones. The advantages of the new chipset technology over the legacy wireless standard are predicted to greatly accelerate its adoption from 2021 to 2028.

US Wi-Fi 6 And Wi-Fi 6E Chipset Market is poised to grow at a sustainable CAGR for the next forecast year.