What is Wi-Fi 6 Devices Market?
Wi-Fi 6 is the new and fastest version of Wi-Fi that can handle various devices connected with the Wi-Fi network. Wi-Fi 6 devices offer enhanced performance, enables lower battery consumption, and less congestion. The emerging trend of AR/VR in various applications like e-learning, gaming, retail, and others will accelerate the demand for Wi-Fi 6 devices. However, the increasing use of mobile devices for online streaming, and the evolution of OTT platforms will create significant opportunities for the market.
The market study is being classified by Type (Phones, Laptops and Others) and major geographies with country level break-up.
Samsung (South Korea), Lenovo (Hong Kong), Asus (Taiwan), Huawei (China), Apple (United States), OnePlus (China), LG Corporation (South Korea), Motorola (United States), Microsoft (United States), Hewlett-Packard (United States), Dell (United States) and Sony (Japan) are some of the key players profiled in the study.
The companies are exploring the market by adopting partnerships, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Wi-Fi 6 Devices market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Wi-Fi 6 Devices market by Type, Application and Region.
On the basis of geography, the market of Wi-Fi 6 Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Wi-Fi 6 Devices for Faster Performance at Less Bandwidth Congestion
- Rising Demand of Streaming Ultra HD Movies and Video Content Online
Market Trend
- Evolution of 5G Network Connectivity Across the Globe
Restraints
- High Cost Associated With Wi-Fi 6 Devices
Opportunities
- Increased Adoption of Latest and Advanced Mobile Devices
Challenges
- Lack of Awareness About New Technology and Products Among People
In 2020, Apple launched a new second-generation iPhone SE that supports Wi-Fi 6 technology. With this launch, Apple became the second smartphone manufacturer to launch Wi-Fi 6 capable phones. This technology is provided by Wi-Fi 6 chipset leader Broadcom, who recently entered into two supply deals with Apple.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Wi-Fi 6 Devices Manufacturers, Suppliers & Distributors of Wi-Fi 6 Devices, OEMs Manufacturers and Suppliers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others