Report ID: SQMIG45I2128
Report ID:
SQMIG45I2128 |
Region:
Global |
Published Date: February, 2024
Pages:
255
|
Tables:
91 |
Figures:
76
Asia-Pacific held the largest global Wi-Fi 6 market share. The adoption of Wi-Fi 6 is expanding quickly in Asia-Pacific as a result of rising consumer demand for the internet, an increase in the number of connected devices, and a strong demand for public Wi-Fi hotspots.
China, Japan, India, and South Korea are among the nations that have embraced Wi-Fi 6 technology the most. Numerous public and private enterprises have been urged to use Wi-Fi 6 technology throughout the area as a result of the development of extremely sophisticated Wi-Fi 6 devices with high-speed data, longer battery life, and extensive Wi-Fi coverage.
By 2022, Cisco projects that 62.1% of people in Asia-Pacific will be internet users. By 2022, there will be 260.6 million Wi-Fi hotspots available to the general public (including residential spots). Additionally, by 2022, fixed/Wi-Fi IP traffic will account for 58.0% of all Internet traffic, or 89.9 EB per month. Therefore, the need for Wi-Fi 6 technology is projected to increase over the next several years as a result of the expansion in internet usage and public hotspots.
For the participants in this market, the development of Wi-Fi 6 devices by organizations like Huawei, Commonscope, Huawei Technologies Co., Ltd., TP-Link Corporation Limited, D-Link Corporation, and AsusTek Computer Inc. has opened up a number of chances. For instance, in May 2020, Huawei introduced ten brand-new AirEngine Wi-Fi 6 series models for the Asia Pacific region. These models will improve services for businesses and are perfect for building a premium fully-wireless campus as the new cornerstone for businesses' digital transformation.
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REQUEST FREE CUSTOMIZATIONWi-Fi 6 Market size was valued at USD 10.9 billion in 2019 and is poised to grow from USD 13.04 billion in 2023 to USD 64.1 billion by 2031, growing at a CAGR of 19.6% in the forecast period (2024-2031).
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Report ID: SQMIG45I2128