Wi-Fi 6E Chipset Market – Growth of Market Size, Market Dynamics, Trends, Segments and Forecast Period (2024-2030)

Wi-Fi 6E Chipset Market Overview

The newest Wi-Fi standard, Wi-Fi 6E, uses the 6 GHz spectrum for operation, which provides a large bandwidth boost and less interference than the 2.4 GHz and 5 GHz bands. This makes it perfect for usage in high-density settings like workplaces, public spaces, and households with numerous connected devices. The growing use of Wi-Fi 6E equipment, including routers, laptops, and smartphones. The expanding need for fast and dependable wireless access for uses like online gaming, streaming video, and collaboration. The growth of the Internet of Things (IoT), which is opening up new applications for Wi-Fi 6E chipsets in gadgets like wearable technology, industrial sensors, and smart home appliances.

 

The market for Wi-Fi 6E chipsets is dominated by companies like Broadcom, Intel, Qualcomm, and MediaTek. To accommodate the rising demand, these businesses are making significant investments in the creation of new Wi-Fi 6E chipsets. In the upcoming years, the market for Wi-Fi 6E chipsets is anticipated to expand quickly due to the aforementioned considerations. The expansion of Wi-Fi 6E networks and the availability of Wi-Fi 6E-capable devices will both contribute to this growth.

 

 

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Wi-Fi 6E Chipset Market Dynamics:

A growing need for fast and dependable wireless access. Existing Wi-Fi networks are being strained by the emergence of new applications like streaming video, augmented reality (AR), and virtual reality (VR). These and other demanding applications benefit greatly from Wi-Fi 6E's much higher speeds and lower latency than earlier Wi-Fi generations. An increase in the number of linked devices. Over 15 billion linked devices are already present in the world, and it is anticipated that this number will increase quickly over the next several years. Existing Wi-Fi networks are under stress because of this because they were built to handle significantly fewer devices. Without losing performance, Wi-Fi 6E can support a substantially higher number of connected devices.

 

The 6 GHz band's new spectrum's accessibility. Wi-Fi 6E devices have access to a sizable quantity of additional spectrum in the 6 GHz range. With more spectrum available, Wi-Fi networks will operate more efficiently and with less congestion. Governments all across the world are in favour of Wi-Fi 6E adoption.

 

For instance, the full 6 GHz band is now available for unlicensed use, including Wi-Fi, thanks to the Federal Communications Commission (FCC) of the United States. The United States is one of the first nations in the world to do this, according to this. The market for Wi-Fi 6E chipsets is also gaining from the growing use of Wi-Fi 6 devices in addition to these drivers. The need for Wi-Fi 6E chipsets to power these devices will increase as more devices begin to support Wi-Fi 6. In general, the market for Wi-Fi 6E chipsets is anticipated to expand quickly in the upcoming years due to factors such as the rise in connected devices, the need for fast and dependable wireless connectivity, the availability of new spectrum in the 6 GHz band, and government support for Wi-Fi 6E.

 

Wi-Fi 6E Chipset Market Opportunities

In the upcoming years, the market for Wi-Fi 6E chipsets is expected to expand significantly due to the rising need for high-speed, low-latency wireless connectivity. The most recent Wi-Fi technology, known as Wi-Fi 6E, has a variety of benefits over earlier generations, including: access to the 6 GHz band, which offers more spectrum and larger channels and boosts performance and reduces latency. Support for simultaneous connections from numerous devices without affecting performance. Adoption of smart home and office devices is rising, and Wi-Fi 6E is well suited for connecting and controlling several devices at once.

 

The smart home and office industry is expanding quickly. Growing need for enterprise-grade, low-latency wireless connectivity Businesses are depending more and more on cloud computing, video conferencing, and other apps that need fast, lag-free wireless connectivity. Enterprises can address these needs with the aid of Wi-Fi 6E. Public Wi-Fi 6E network deployment is taking place in venues like stadiums, arenas, and conference centres. Users will have access to high-speed, low-latency wireless connectivity in certain locations as a result. In general, the market for Wi-Fi 6E chipsets is anticipated to have strong growth over the next several years due to the rising need for high-speed, low-latency wireless connectivity across a variety of applications.

 

Wi-Fi 6E Chipset Market Challenges

Currently, Wi-Fi 6E chipsets cost more than Wi-Fi 6 chipsets. This is because Wi-Fi 6E chipsets need extra hardware to accommodate the brand-new 6GHz band. Wi-Fi 6E chipsets are not yet generally accessible, which limits their availability. The global chip shortage and the fact that the 6GHz spectrum is still being deployed in many nations are two reasons for this. Wi-Fi 6E is a sophisticated technology, making it difficult to design and produce Wi-Fi 6E chipsets. This is necessary for Wi-Fi 6E chipsets to support, as opposed to earlier Wi-Fi versions, a larger range of frequencies and channels. Radar and other technologies, such as fixed wireless access (FWA) and other technologies, are already using the 6GHz spectrum. This might cause interference, which would make Wi-Fi 6E networks perform worse. Security: Wi-Fi 6E and Wi-Fi 6 both employ the same security mechanisms.

 

There are some worries that additional security flaws may be found in the 6GHz range, though. The Wi-Fi 6E chipset industry is anticipated to expand quickly in the upcoming years despite these obstacles. This is because Wi-Fi 6E has several benefits over earlier Wi-Fi generations, including quicker speeds, lower latency, and higher capacity. Other wireless technologies in competition: Wi-Fi 6E isn't the only new wireless technology that's coming out. The future of wireless connectivity is also anticipated to be significantly influenced by other technologies, including 5G and Li-Fi. Many nations continue to restrict the 6GHz band. Delays in the adoption of Wi-Fi 6E hardware and networks may result from this.

 

Wi-Fi 6E Chipset Market Restraints

High price of Wi-Fi 6E chipsets because of the added complexity and features, Wi-Fi 6E chipsets cost more than Wi-Fi 6 chipsets. This can discourage some customers and companies from early adoption of Wi-Fi 6E technology. Wi-Fi 6E devices aren't widely available because the Wi-Fi 6E standard is still relatively new, there aren't many Wi-Fi 6E devices on the market. The adoption of Wi-Fi 6E chipsets may be hampered as a result until additional devices are made available. Wi-Fi 6E uses the 6GHz band, which is also utilised by satellite communications and radar, among other technologies. To prevent interference with other devices, Wi-Fi 6E devices must be properly built and verified.

 

Before Wi-Fi 6E devices can be installed, regulatory authorisation may be necessary in some nations. Many customers and companies are still unaware of Wi-Fi 6E or its advantages. This ignorance can prevent the Wi-Fi 6E chipset from being widely used. The Wi-Fi 6E chipset industry is anticipated to expand rapidly over the next few years despite these limitations. This is because there is a rising need for fast and dependable wireless access, and Wi-Fi 6E devices are increasingly being used in a variety of applications, including streaming, gaming, and business networking.

 

Wi-Fi 6E Chipset Market Trends

In the upcoming years, there will be a significant increase in demand for high-speed, low-latency wireless connectivity, which will propel the market for Wi-Fi 6E chipsets to expand quickly. The newest Wi-Fi standard, Wi-Fi 6E, operates at a frequency of 6 GHz, which provides more bandwidth and less interference than earlier Wi-Fi standards. Wi-Fi 6E is therefore perfect for a variety of uses, such as online gaming, virtual reality, and augmented reality. As the number of connected devices worldwide increases quickly, users are calling for wireless access that is more dependable and quick. Speeds up to 9.6 Gbps are possible with Wi-Fi 6E, which is a major improvement over earlier Wi-Fi standards. Low latency is another feature that it provides, which is crucial for applications like VR and AR. Wi-Fi 6E devices are still in the early phases of deployment.

 

In the past year, a number of significant smartphone producers, including Apple and Samsung, have produced products with Wi-Fi 6E capabilities. Access points and routers for Wi-Fi 6E are also become easier to find. Wi-Fi 6E is being supported by governments all over the world. The Federal Communications Commission (FCC) in the US has permitted Wi-Fi use in the 6 GHz frequency spectrum. Several other nations, including the United Kingdom and South Korea, have also made plans to make the 6 GHz band available for Wi-Fi. Although the Wi-Fi 6E chipset market is still in its infancy, in the future years it is anticipated to expand quickly. The increasing demand for fast, low-latency wireless connectivity, the growing uptake of Wi-Fi 6E devices, and government support for Wi-Fi 6E are the main drivers propelling this market's expansion.

 

Wi-Fi 6E Chipset Market Regional Analysis

North America: In the market for Wi-Fi 6E chipsets, the Asia-Pacific region—which includes nations like China, Japan, and South Korea—plays a crucial role. Wi-Fi 6E technology is being actively promoted in several sectors, including manufacturing, healthcare, and education, in particular in China. High-performance Wi-Fi systems are in demand as a result of increasing smartphone adoption and the emergence of smart cities.

 

Europe: Wi-Fi 6E is also being steadily adopted in Europe as a result of the growing demand for high-speed connectivity in smart buildings and residences. European regulatory organisations have allotted spectrum for Wi-Fi 6E use, fostering the technology's expansion. Among the region's early adopters are nations like the UK, Germany, and France.

 

Asia-Pacific: Although adoption of Wi-Fi 6E varies by nation in Latin America, it is typically increasing. Wi-Fi 6E is popularising in major markets like Brazil and Mexico, particularly in cities. The growth of digital services and the middle class are the main drivers of demand.

 

South America: Although adoption of Wi-Fi 6E varies by nation in Latin America, it is typically increasing. Wi-Fi 6E is popularising in major markets like Brazil and Mexico, particularly in cities. The growth of digital services and the middle class are the main drivers of demand.

 

Middle East and Africa: Wi-Fi 6E technology is being invested in by Middle Eastern nations like Saudi Arabia and the UAE to improve network infrastructure. Gradual adoption is also occurring throughout Africa, notably in metropolitan areas and educational institutions. Projects including digital transformation and government initiatives help the market expand.

 

Wi-Fi 6E Chipset Market Segment Analysis

By Type: In 2023, the Wi-Fi 6 market segment held the greatest market share. The Wi-Fi 6E segment, however, is anticipated to experience greater CAGR growth during the projection period. This is brought on by the expanding use of Wi-Fi 6E-capable gadgets and the rise in demand for swift and dependable wireless access.

 

By Application: In 2023, the consumer electronics sector held the greatest market share. This is brought on by the rising demand for consumer electronics products like Wi-Fi 6E-capable cell phones, laptops, TVs, and other gadgets. However, it is anticipated that the business and industrial segments will have greater CAGR growth during the forecast period. Wi-Fi 6E is becoming more widely used in these markets as a result of its ability to support cutting-edge applications like augmented reality (AR), virtual reality (VR), and the Internet of Things (IoT).

 

Wi-Fi 6E Chipset Market Competitive Landscape

In order to deliver Wi-Fi 6 chipsets, key manufacturers are strategically concentrating on working with end-use clients like smartphone makers. To enhance the uplink performance for real-time interactive video and audio apps like FaceTime and Webex, for instance, Cisco and Apple worked together on Wi-Fi 6 in 2023. The collaboration gave rise to the "Fastlane+" feature, which alters Wi-Fi standards to make uplink scheduling much more effective. 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 Wi-Fi 6 chipsets to Samsung smartphones like the Galaxy 10 and Galaxy Note 10, in addition to Apple Inc. Up until February 2021, Samsung received approximately 150 million Wi-Fi 6 chipsets from Broadcom Inc.

 

Additionally, a select few significant businesses are concentrating on mergers and acquisitions to diversify their product lines and market position. For instance, Marvell's wireless connectivity portfolio was purchased by NXP Semiconductors in May 2021 for USD 1.76 billion. Marvell's Bluetooth and Wi-Fi (including Wi-Fi 6) technology portfolio and related assets make up the strategic acquisition. The acquisition would also assist NXP in diversifying its Wi-Fi 6 chipset offerings across important application domains like industrial, IoT, and automotive.

 

Wi-Fi 6E Chipset Market
Market Size in 2023	USD 11.55 Bn.
Market Size in 2030	USD 47.55 Bn.
CAGR (2024-2030)	22.4 %
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Type Wi-Fi 6 Wi-Fi 6E
	By Application Consumer electronics Enterprise Industrial
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

Wi-Fi 6E Chipset Market Key Players

1. STMICROELECTRONICS N.V.
2. Qualcomm Technologies, Inc.
3. NXP SEMICONDUCTORS N.V.
4. Broadcom Inc
5. Cypress Semiconductor Corporation
6. Texas Instruments Incorporated
7. MediaTek Inc.
8. Celeno
9. Intel Corporation
10. ON Semiconductor Connectivity Solutions, Inc.