The global demand for Wi-Fi 6 Routers Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX K Units in 2021 and forecast to touch XX K Units by 2028 with a CAGR of XX% during 2022-2028.
Wi-Fi 6 router is also identified as 802.11ax Wi-Fi. It is the latest generation wireless technology having an expanded band width ranging between 80 MHz to 160 MHz and this double channel width connects the router and the device much faster. Owing to the use of more powerful chips, Wi-Fi 6 routers facilitate about 40% faster data transfer in a single device, uploading and downloading of large files and connect with several Wi-Fi devices at once. With efficient data coding, it can achieve highest throughput speed of 9.6 Gbps. It can connect to laptops, smartphones, tablets and smart home devices. It performs better in crowded places like malls, airports, stadiums etc.
Market Dynamics
The key factor driving Wi-Fi 6 router market during the forecast period is growing demand for high-speed internet and surge in number of individuals using the internet and devices. The average speed of internet is anticipated to be 75.4 Mbps in 2022 from that of 39.0 Mbps back in 2017. Moreover, there will be an upsurge in the number of devices with internet connection. Furthermore, increasing use of Wi-FI networks at home and office owing to decline in outdoor activities due to Covid-19 pandemic will propel Wi-Fi 6 router market growth. However, high initial expenditure and unsatisfactory network performance will hinder Wi-Fi 6 router market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of wi-fi 6 routers. The growth and trends of Wi-Fi 6 Routers Industry provide a holistic approach to this study.
Market Segmentation
This section of the wi-fi 6 routers market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- For Commercial Using
- For Home Using
By Distribution Channels
- Online Store
- Offline Store
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Wi-Fi 6 Routers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Wi-Fi 6 Routers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the wi-fi 6 routers market include TP-Link, Netgear, Asus, Cisco, Huawei, Xiaomi, and Tenda. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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