Global Wi-Fi 6 Market Report 2022: Impact of Ukraine-Russia War

Global Wi-Fi 6 Market Report 2022: Impact of Ukraine-Russia War

New York, 05 Dec. 2022 (GLOBE NEWSWIRE) — announces the publication of the report “Wi-Fi 6 Global Market Report 2022: Ukraine-Russia War Impact” –

The global Wi-Fi 6 market is expected to grow from $9.69 billion in 2021 to $12.83 billion in 2022 at a compound annual growth rate (CAGR) of 32.36%. The Russian-Ukrainian war has disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions against several countries, a spike in commodity prices and supply chain disruptions, affecting many markets around the world. The Wi-Fi 6 market is expected to reach $46.56 billion in 2026 at a compound annual growth rate (CAGR) of 38.03%.

The Wi-Fi 6 market consists of sales of Wi-Fi 6 by entities (manufacturers, individual merchants, and partnerships) that refer to the next generation standard in Wi-Fi technology. Wi-Fi 6 also known as name of “AX WiFi” or “802.11ax WiFi” builds and improves the current 802.11ac WiFi standard. WiFi 6 was originally designed to meet the increasing number of devices in the world. WiFi 6 (802.11ax) is designed to improve speed, increase efficiency, and reduce congestion in high bandwidth usage scenarios

The main offerings of Wi-Fi 6 are hardware, solutions and service performance achieved through Wi-Fi 6 which requires new hardware as software updates are not as reliable as hardware updates. A WiFi 6 compatible router is required to benefit from this new technology. , even if the vast majority of home equipment already supports WiFi 6.

The devices are mesh routers, wireless access points, home gateways, and wireless repeaters. Commercial use: companies, consumers.

End users include education, retail, e-commerce, healthcare, government, hospitality, transportation and logistics, manufacturing, consumer electronics, augmented reality and virtual reality ( AR/VR) and smart cities.

North America was the largest region in the Wi-Fi 6 market in 2021 and is expected to be the fastest growing region during the forecast period. Regions covered in Wi-Fi 6 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and South America. ‘Africa.

The increasing deployment of public Wi-Fi is expected to propel the growth of the Wi-Fi 6 market. These “hotspots” are so common that people automatically connect to them.

Users can use the internet for free through Wi-Fi, which is available in many places such as hotels, shopping malls, cafes and restaurants. Since it theoretically offers higher speed, Wi-Fi 6 is considered the standard for the future.

For example, in 2019, according to a report published by vikaspedia, an online information guide launched by the Government of India, the National Digital Communication Policy has planned 5 million Wi-Fi hotspots planned by 2020 and 10 million by 2022 from 2019. India has an estimated 0.35 million public Wi-Fi hotspots. Therefore, the demand for Wi-Fi 6 will increase as the prevalence of increasing deployment of public Wi-Fi increases.

Technological advancement is a key trend that is gaining popularity in the Wi-Fi 6 market. Major companies operating in the Wi-Fi 6 market are focusing on developing new flexible technological solutions on other elements, driving the expansion of technologies such as traffic prioritization, OFDMA and beamforming. .

Additionally, more secure, the new protocol uses SAE and other state-of-the-art encryption techniques. The newest 6 GHz frequency band is available for Wi-Fi 6 enabled devices, enabling better connectivity.

For example, in December 2021, Huawei, a China-based multinational technology company and telecommunications equipment manufacturer, launched AirEngine 6760–X1 and 6760–X1E which provides high-quality signal coverage without blind spots by effectively increasing strength signal and allowing signals to follow people. Alternatively, the AirEngine 6760-X1E can be paired with multiple external antennas to accommodate harsh environments including high-rise constructions and limited corridors.

In May 2020, Intel Corporation, an American developer of microprocessors and semiconductor manufacturing, acquired Rivet Networks for an undisclosed amount. Thanks to this acquisition, the Killer AX1650 Wi-Fi solution, created by Intel and Rivet Networks in collaboration, offers a compelling Wi-Fi connection. Fi 6 technology combined with immersive entertainment and gaming experiences.

The features of Rivet Networks’ solutions, particularly its software, complement those of Intel’s wireless offerings. Rivet Networks LLC is a US-based company, with hardware, software and cloud-based technology to provide solutions.

Countries covered in the Wi-Fi 6 market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea , the United Kingdom and the United States.

The Wi-Fi 6 Market Research Report is part of a series of new reports that provide statistics on the Wi-Fi 6 market, including the global market size of the Wi-Fi 6 industry , regional shares, competitors with Wi-Fi 6 market share, detailed Wi-Fi. -Fi 6 Market segments, market trends and opportunities, and any other data you may need to flourish in the Wi-Fi 6 industry. This Wi-Fi 6 Market research report offers a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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