Wi-Fi 6E Chipset Market Size To Reach $39.17 Billion By 2030

Wi-Fi 6E Chipset Market Growth & Trends

The global Wi-Fi 6E chipset market size is expected to reach USD 39.17 billion by 2030, according to a new study by Grand View Research, Inc. It is expected to grow at a CAGR of 22.4% from 2023 to 2030. The growth of smart homes and smart cities is driving demand for Wi-Fi 6E, which can support a large number of connected devices and enable new applications, such as virtual and Augmented Reality (AR), telepresence, and autonomous vehicles. Moreover, with the growing number of connected devices and data-intensive applications, there is a need for faster and more reliable connectivity. Wi-Fi 6E, which operates in the 6 GHz frequency band, offers more bandwidth and less interference, allowing for higher speeds and lower latency. The demand for higher internet speeds is a key driving force in the market.

With the increasing number of connected devices and the rise of data-intensive applications, such as video streaming, online gaming, and virtual & augmented reality, consumers and businesses are demanding faster and more reliable internet speeds. Wi-Fi 6E, which operates in the 6 GHz frequency band and offers more bandwidth, is well-positioned to meet this demand. Wi-Fi 6E can provide faster speeds and lower latency than previous Wi-Fi standards, allowing users to stream high-quality video, play online games without lag, and access cloud-based applications more quickly and efficiently. With the increasing adoption of Wi-Fi 6E, users can expect to see significant improvements in their internet speeds, enabling new applications and services that rely on high-speed connectivity.

Wi-Fi 6E is expected to be integrated with 5G networks, allowing for seamless connectivity and better user experience. The COVID-19 pandemic had a positive impact on the market. As Wi-Fi 6E becomes more prevalent, advancements in Wi-Fi 6E-enabled devices are expected to emerge, including smartphones, tablets, laptops, and other IoT devices. These advancements may include improved battery life, better connectivity, and enhanced features.Wi-Fi 6E is expected to see increased adoption in smart homes & buildings, where multiple devices need to connect to the network simultaneously. Wi-Fi 6E's improved capacity, speed, and range make it well-suited for such environments.

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Wi-Fi 6E Chipset Market Report Highlights

• The WLAN infrastructure devices segment dominated the market in 2022. The growing popularity of cloud-managed WLAN architecture, which allows IT managers to administer and monitor WLAN networks from a single location, is a significant factor contributing to the segment growth

• The commercial segment dominated the market in 2022. The growing usage of smart devices and IoT technologies in commercial areas is a primary factor driving the segment growth

• The Asia Pacific region is expected to have the highest CAGR from 2023 to 2030 owing to the spread of smart devices across the region

• Furthermore, the presence of significant electronic manufacturing hubs in Japan, China, and South Korea is expected to boost market expansion

Wi-Fi 6E Chipset Market Segmentation

Grand View Research has segmented the global Wi-Fi 6E chipset market on the basis of device type, application, and region:

Wi-Fi 6E Chipset Device Type Outlook (Volume, Million Units; Revenue, USD Million, 2020 - 2030)

• WLAN Infrastructure Devices

• Consumer Devices

  • Smartphones/Tablets

  • Desktops/Laptops

  • AR/VR and Wearables

  • Smart Home Devices

  • Others

• Wireless Cameras

• Industrial IoT Devices

• Connected Vehicles

• Drones

• Others

Wi-Fi 6E Chipset Application Outlook (Volume, Million Units; Revenue, USD Million, 2020 - 2030)

• Residential/Consumers

• Commercial

  • Enterprises/Corporates

  • Airports

  • Stadiums

  • Malls/Shops

  • Hospitals

  • Hotels & Restaurants

  • Educational Campuses

  • Others

• Industrial

  • Smart Manufacturing

  • Energy & Utility

  • Oil & Gas and Mining

• Smart City

• Transportation & Logistics

• Government & Defense

• Others

Wi-Fi 6E Chipset Regional Outlook (Volume, Million Units; Revenue, USD Million, 2020 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • Singapore

  • Australia

• Latin America

  • Brazil

• Middle East & Africa (MEA)

  • Kingdom of Saudi Arabia (KSA)

  • UAE

  • South Africa

List of Key Players of Wi-Fi 6E Chipset Market

• Broadcom Inc.

• Qualcomm Technologies, Inc.

• ON Semiconductor Connectivity Solutions, Inc.

• Intel Corp.

• Renesas Electronics Corp.

• MediaTek Inc.

• Texas Instruments Inc.

• Infineon Technologies AG

• STMicroelectronics N.V.

• NXP Semiconductors N.V.