Wi-Fi 6 And Wi-Fi 6E Chipset Market Size, Share & Trends Analysis Report By Chipset Type (Wi-Fi 6, Wi-Fi 6E), By Device Type (WLAN Infrastructure Devices, Consumer Devices, Smartphones/Tablets, Desktops/Laptops, AR/VR and Wearables, Smart Home Devices, Wireless Cameras, Industrial IoT Devices, Connected Vehicles, Drones, Others), By Application (Residential/Consumer, Commercial) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global wi-fi 6 and wi-fi 6E chipset market was valued at USD 12.24 billion in 2021 and is expected to expand to reach USD 34.50 billion at a compound annual growth rate (CAGR) of 13.83% from 2022 to 2030. WiFi 6 is the latest standard in WiFi technology, and it was developed as a direct reaction to the ever-increasing number of connected devices throughout the world. If you have a virtual reality (VR) device, many smart home gadgets, or just a huge number of devices in your household, then a WiFi 6 router may be the most suitable option for you.

WiFi 6 makes use of both 1024-QAM and a 160 MHz Channel in order to generate a signal that is packed with more data and a broader channel, respectively, in order to make your WiFi quicker. This implies that you will not experience any stuttering whether using virtual reality or streaming content in 4K or even 8K resolution. More crucially, technologies like MU-MIMO and OFDMA that are developed by WiFi 6 give up to four times the capacity of previous generations and can manage more devices. With WiFi 6, hosting home parties would be a breeze since the network would be able to easily accommodate all of your visitors and the electronic gadgets they bring.

In point of fact, WiFi 6E is the same thing as WiFi 6, save for the addition of an "E," which stands for "Expanded." This refers to an extended number of the useable wireless band, which is the 6 GHz band. To put it another way, WiFi 6E refers to WiFi 6 that has been expanded to the 6 GHz band.

The new frequency range, which is denoted by the number 6 GHz, extends from 5.925 GHz to 7.125 GHz and makes up to 1,200 MHz of more spectrum available. The 6 GHz band, in contrast to the bands that now exist, does not suffer from any overlap or interference. On these bands, channels are currently crowded into the restricted spectrum. Having access to the 6 GHz frequency gives greater bandwidth, quicker speeds, and reduced latency, which opens up resources for future breakthroughs such as augmented reality and virtual reality, 8K streaming, and more.

Market Dynamics

Global Wi-Fi 6 And Wi-Fi 6E Chipset Market Drivers

It is anticipated that over the period of projection, the market would be driven by the rising requirement for improved network communications across companies that include low latency and high bandwidth. There has been a marked increase in the amount of data traffic, which has led to an acceleration in the need for enhanced network connection across a variety of industries, including corporate and industrial. Due to this, it is anticipated that it will increase the number of installations of Wi-Fi 6 and Wi-Fi 6E devices, which would, in turn, lead to an increase in demand for their chipsets over the following seven years.

The BCM4389, the first consumer product to support Wi-Fi 6E, was shown to the public by Broadcom Inc. in the year 2020. When compared to the previous device, this one increases the Wi-Fi 6 level to support the soon-to-be-workable 6 GHz spectrum together with wider 160 MHz channel bandwidths. As a result, the speeds are increased by a factor of two, and the latency is reduced by a factor of two as well. Because it provides real-world speeds of over 2 Gbps and up to 5 times better energy usage, the BCM4389 is a good choice for the next Augmented Reality and Virtual Reality (AR/VR) products as well as premium smartphones. It is anticipated that the advantages offered by the new chipset technology over the existing wireless standard would greatly accelerate its adoption between the years 2022 and 2030.

Significant changes are being made in manufacturing plants in order to increase the efficiency of their operations. The industrial industries are experiencing a significant uptick in the rate at which they are adopting cutting-edge technologies such as augmented reality and virtual reality (AR/VR), wireless cameras, and collaborative robots. Enhanced wireless network connectivity is required for the smooth operation of these devices. As a result, it is anticipated that over the next seven years, it will raise the adoption of Wi-Fi 6 and 6E devices as well as the components of such devices.

The increasing prevalence of e-learning practises has contributed to an increase in the rollout of next-generation WLAN infrastructure at a variety of educational institutions, as well as in businesses and homes. Additionally, in order to gain access to material while utilising online video streaming services, growth in the installation of devices that support Wi-Fi 6 and Wi-Fi 6E has occurred all over the world. As a consequence of this, it is anticipated that it will drive demand for wi-fi 6 and wi-fi 6E chipsets between the years 2021 and 2028.

Global Wi-Fi 6 And Wi-Fi 6E Chipset Market Restraints

Continued propagation of COVID-19 infections has had a negative impact on the manufacture of Wi-Fi chipsets

The demand for these products was negative throughout the world's various markets due to covid 19. In the beginning, in the year 2020, when there was a rapid spread of viruses, the federal governments of important nations such as China, the United States of America, Germany, Japan, and the United Kingdom put their countries under lockdown. As a consequence of the shutdown, a number of production facilities, as well as international crossings, have been temporarily shut down. As a result, both the entire chipset manufacturing and supply on the worldwide market fell as a direct result of this. As a result, it has been a temporary deterrent to the expansion of the market.

Regional Analysis

Based on region the market is divided into the following: North America, Europe, Asia Pacific, Latin America, and the Middle East.

In 2021, Asia Pacific had the greatest share by volume—more than 35.0 %. This is explained by the sharp increase in funding for the creation of devices like laptops, routers, and cellphones using wi-fi 6 and 6E chipsets. These gadgets provide a unified network experience and support next-generation wireless frequency bands. The Asia Pacific market is anticipated to expand significantly between 2022 and 2030 as a result of the existence of substantial wi-fi 6 and 6E chipset production facilities in important nations like China, Japan, South Korea, and Singapore.

In 2021, the market in the US seized a sizable portion. The United States is making substantial investments in establishing smart cities, building smart homes, and adopting smart industries. On the other side, customers in the United States are showing a growing preference for online/cloud gaming with great visuals. Additionally, the nation is developing as an early user of smart transportation infrastructure and self-driving automobiles. Between 2022 and 2030, these improvements are anticipated to increase demand in the United States for wi-fi 6 and 6E chipset components.

Additionally, a number of nations, including the United States, China, Japan, the United Kingdom, and Germany, are spending heavily on developing digital healthcare infrastructure as a result of the current COVID-19 epidemic. This would help with remote patient monitoring services, telemedicine, and diagnostic and surgical procedures. From 2022 to 2030, this is anticipated to propel the hospital segment's expansion.

Segmental Analysis

The Wi-Fi 6 and Wi-Fi 6E chipset market is segmented into the following categories: Chipset Type, Device Type, Application, and Region.

On the Basis of Chipset Type

Based on Chipset type the wifi 6 and wifi 6E chipset market is segmented into Wi-Fi 6 and Wi-Fi 6E. The wi-fi 6 category held a share of more than 80.0 % in terms of value in 2021. By 2030, there will be a need for more than 7 billion units of the wi-fi 6E category. The large increase is linked to the rise in demand for high-performance network connectivity, which enables several users to access at once with steady bandwidth capacity. Due to the large population's high bandwidth requirements and the segment's need to manage network congestion caused by high network traffic, it is anticipated that this market would experience significant expansion.

Wi-Fi 6 chipset usage is anticipated to be accelerated by the rapidly expanding need for contemporary gadgets that can handle new wireless frequency bands including 2.4GHz, 5GHz, and 6GHz. additionally, by permitting frames from the neighbour’s network, BSS colouring characteristics in chipset technology would improve network dependability in a very crowded environment. These frames increase network performance while reducing network disturbance from other networks. As a result, it is expected to experience a significant increase in demand for residential, commercial, and industrial applications.

On the Basis of Device Type

Based on device type the wifi 6 and wifi 6E chipset market is divided into WLAN Infrastructure Devices, Consumer Devices (Smartphones/Tablets, Desktops/Laptops, AR/VR and Wearables, Smart Home Devices), Wireless Cameras, Industrial IoT Devices, Connected Vehicles, Drones and Others. The WLAN infrastructure devices accounted for a share of more than 40.0 % in terms of value in 2021. The overwhelming need for chipsets to assemble into the next routers, gateways, repeaters, and extenders is to blame for this. The global adoption of Wi-Fi 6 access points and routers is anticipated to increase because to significant growth in the demand for increased bandwidth capacity among business clients. In addition, it is predicted that a strong emphasis on enhancing client services and experiences by boosting network bandwidth capacity would accelerate the adoption of next-generation WLAN infrastructure. The need for 6 and 6E chipsets for these WLAN devices is thus projected to rise.

The desire for wi-fi 6 and 6E chipsets to be integrated with new consumer electronics such as smartphones, laptops, and AR/VR headsets has been pushed by the advent of new wireless standards. Consumer electronics may now accommodate a number of novel use cases thanks to the new chipset technology. These use cases mostly include seamless video conferencing, 4K/UHD movies, and cloud-based games. Therefore, it is anticipated that increasing consumer expenditure on cutting-edge technology would increase the market for consumer devices using wi-fi 6 chipsets.

On the Basis of Application

Based on application the wifi 6 and wifi 6E chipset market is divided into Residential/Consumer and Commercial. The commercial category held a stake of more than 35.0 % in terms of value in 2021 by 2030, the demand for the enterprises/corporates category would exceed 1 billion units. The strong rise is linked to the corporate offices' rising desire for better wireless connectivity. These days, office workers collaborate with clients and co-workers via video conferencing, study through video streaming, and host a variety of cloud apps. This necessitates high-speed internet access, which increases the need for 6 and 6E routers as well as wifi-6 compatible end users' devices like laptops. As a result, during the projected period, it is anticipated that demand for chipsets would rise.

Wi-Fi 6 and 6E chipset use has increased across a number of industrial verticals, including healthcare, manufacturing, smart cities, and the public sector, thanks to the Internet of Things (IoT) devices' quick evolution. A significant increase in IoT connections would require fast internet to operate and communicate properly. Due to this during the projection period, the deployment of 6 and 6E devices is anticipated to expand significantly. It is expected to increase demand for chipsets as a result.

Impact of covid-19

COVID-19 has positive and negative market consequences, as carbon emissions have decreased globally due to the lockout. COVID-19's reduction in emissions is a short-term benefit. Still, when industries and enterprises attempt to recoup some of their financial losses in the first quarter of the year, carbon emissions will rise dramatically. COVID-19 had a negative impact on global recycling efforts. Countries, notably the United States, have halted or decreased recycling programs to focus on collecting additional domestic waste or because services have been disrupted by the virus.

Also, with industries slowly returning to normalcy following the COVID-19 outbreak, this shift in workplace health and safety is expected to increase due to mandatory social distancing and continuous personal care through sanitization to eliminate even the tiniest possibility of COVID-19 spread. COVID-19 has impacted various companies' revenues, and if the lockdown is lifted, companies will turn their attention to operations to make up for their losses.

Recent Developments

In order to enhance Wi-Fi uplink performance for real-time interactive video and audio apps like FaceTime and Webex, Cisco and Apple worked together on Wi-Fi 6 in 2021. The collaboration gave rise to the "Fastlane+" feature, which slightly alters Wi-Fi standards to enable far more effective uplink scheduling.

Broadcom Inc. and Apple Inc. entered into a collaboration and agreement in January 2021. The purpose of the strategic alliance was to give Apple Inc.'s smartphones, laptops, and iPads wi-fi 6 chipsets from Broadcom Inc. The 15 billion USD supply agreement for the chipset. Broadcom Inc. also provides the wi-fi 6 chipsets for Samsung devices including the Galaxy 10 and Galaxy Note 10, in addition to Apple Inc. Up to February 2021, Broadcom Inc. has given Samsung more than 150 million wi-fi 6 chipsets.

Marvell's wireless connection business was purchased by NXP Semiconductors for USD 1.76 billion in May 2021. Marvell's Bluetooth and wi-fi (including wi-fi 6) technology portfolio and related assets make up the strategic purchase. In addition, the purchase will enable NXP to broaden its selection of wi-fi 6 chipsets across important application domains like industrial, IoT, and automotive.