The global market for Wi-Fi 6 and Wi-Fi 6E chipsets was valued at $12.7 billion in 2022. It is expected to grow at a compound annual growth rate (CAGR) of 13.3% from 2024 to 2031, reaching an estimated $34.4 billion by 2030. The Asia Pacific region currently holds the largest market share, accounting for 38% of the total.
Key companies driving this market include Qualcomm, Broadcom, and Intel. The increasing demand for faster and more reliable wireless connectivity in various sectors is contributing to the expansion of the Wi-Fi 6 and 6E chipset market.
**Why this matters**
The growth of Wi-Fi 6 and Wi-Fi 6E chipsets reflects the rising need for advanced wireless technologies that support higher data speeds and improved network efficiency. This development is significant for industries relying on seamless connectivity, such as telecommunications, consumer electronics, and enterprise networking. The dominance of the Asia Pacific region highlights the area’s expanding technological infrastructure and consumer base.
Source: NewsData