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Wi-Fi 6 Market to Be Worth $18.2 Billion by 2031 – Exclusive Report by Meticulous Research®

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REDDING, Calif., June 11, 2024 /PRNewswire/ — According to a new market research report titled, ‘Wi-Fi 6 Market Size, Share, Forecast, & Trends Analysis by Device (Mesh Routers, Wireless Access Points, Home Gateways), Commercial Use (Enterprises, Consumers), Application (Consumer Electronics, AR/VR, Retail, Smart Cities, Healthcare), and Geography—Global Forecast to 2031,’ the Wi-Fi 6 market is projected to reach $18.2 billion by 2031, at a CAGR of 25.2% from 2024 to 2031.

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Wi-Fi 6 is the latest generation of Wi-Fi technology that offers faster data transfer speeds than Wi-Fi 5, with a maximum theoretical throughput of up to 9.6 Gbps. Wi-Fi 6 allows for quicker downloads, smoother streaming, and better overall performance, especially in environments with multiple connected devices. Wi-Fi 6 supports the latest security protocols, namely WPA3, which provides stronger encryption and better protection against various security threats. The technology ensures that the data transmitted over Wi-Fi 6 networks remains secure and private and that sensitive information is safeguarded from unauthorized access. Wi-Fi 6 is widely used in applications such as consumer electronics, AR/VR, retail, healthcare, manufacturing, and smart cities.

The growth of the Wi-Fi 6 market is driven by the increasing demand for high-speed internet connectivity and the rising adoption of Wi-Fi 6 devices for smart home applications. However, the high initial investment requirements for implementing Wi-Fi 6 technology restrain the growth of this market. Furthermore, increasing investments in smart city projects are expected to generate growth opportunities for the players operating in this market. However, data security & privacy concerns are a major challenge impacting market growth. Additionally, the growing number of internet users and connected devices is a prominent trend in this market.

The Wi-Fi 6 market is segmented by device (mesh routers, wireless access points, home gateways, and wireless repeaters), commercial use (enterprises and consumers), application (consumer electronics, AR/VR, retail, healthcare, manufacturing, smart cities, and other applications), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on device, in 2024, the wireless access points segment is expected to account for the largest share of around 41.0% of the Wi-Fi 6 market. The segment’s large market share is attributed to the increasing adoption of wireless access points to handle more devices simultaneously without sacrificing performance. Wireless access points help improve coverage, providing more reliable connectivity throughout the coverage area. Wi-Fi 6 access points offer significant improvements in speed, capacity, efficiency, security, and support for emerging technologies.

However, the mesh routers segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by mesh routers’ capacity to utilize multiple nodes that work together to create a single and seamless Wi-Fi network. Wi-Fi 6 mesh routers provide faster speeds and better overall performance compared to traditional routers and come with built-in support for smart home devices and integrations with popular smart home platforms.

Based on commercial use, in 2024, the enterprises segment is expected to account for the larger share of around 65.0% of the Wi-Fi 6 market.  However, the consumers segment is expected to register the higher CAGR during the forecast period. The growth of this segment is driven by the increasing adoption of Wi-Fi 6 for better data delivery, low latency, improved wireless performance, the growing use of Wi-Fi 6 in commercial applications due to its multi-device connection feature, better battery life, and reduced terminal device power consumption. Also, Wi-Fi 6 offers less bandwidth congestion in commercial use.

Based on application, in 2024, the consumer electronics segment is expected to account for the largest share of over 32.0% of the Wi-Fi 6 market. The segment’s large market share is attributed to the increasing use of Wi-Fi 6 technology to improve the performance of consumer electronics products such as smartphones, tablets, laptops, smart TVs, and gaming consoles. Consumer electronics connected to Wi-Fi 6 networks are better protected from unauthorized access and data breaches. Also, Wi-Fi 6 provides consumer electronics with faster speeds, lower latency, improved battery life, and improved performance in crowded environments.

However, the smart cities segment is expected to register the highest CAGR during the forecast period.

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Based on geography, in 2024, North America is expected to account for the largest share of around 60.0% of the Wi-Fi 6 market. North America’s significant market share can be attributed to the rising adoption of Wi-Fi-connected devices, the increasing demand for faster internet speeds, and government initiatives to promote the adoption of Wi-Fi 6 technology in the region.

However, Asia-Pacific is expected to register the highest CAGR of over 21.5% during the forecast period. The growth of this regional market is driven by rising consumer demand for high-speed & high-bandwidth internet connectivity, the rising number of connected devices, the high demand for public Wi-Fi6 hotspots, increasing smart city projects, and the increasing use of Wi-Fi 6 among enterprises in the region.

The key players operating in the Wi-Fi 6 market are Cisco Systems, Inc. (U.S.), Cypress Semiconductor Corporation (a part of Infineon Technologies AG) (U.S.), Aruba Networks (a part of Hewlett Packard Enterprise Company) (U.S.), D-Link Corporation (Taiwan), Marvell Technology, Inc. (U.S.), KAONMEDIA Co., Ltd. (Korea), Ruckus Wireless, Inc. (a part of Commscope Holding Company, Inc.) (U.S.), Cambium Networks Corporation (U.S.), Linksys Holdings, Inc. (U.S.), AsusTek Computer Inc. (Taiwan), TP-Link Corporation Limited (China), NETGEAR, Inc. (U.S.), Intel Corporation (U.S.), Huawei Technologies Co., Ltd. (a part OF Huawei Investment & Holding Co., Ltd.) (China), and Juniper Networks, Inc. (U.S.).

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Scope of the Report:

Wi-Fi 6 Market Assessment–by Device

Mesh RoutersWireless Access PointsHome GatewaysWireless Repeaters

Wi-Fi 6 Market Assessment—by Commercial Use

EnterprisesConsumers

Wi-Fi 6 Market Assessment–by Application

Consumer ElectronicsAR/VRRetailHealthcareManufacturingSmart CitiesOther Applications

Wi-Fi 6 Market Assessment–by Geography                    

North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalyNetherlandsSpainSwedenRest of Europe (RoE)Asia-PacificJapanChinaIndiaSouth KoreaSingaporeAustralia & New ZealandIndonesiaRest of Asia-Pacific (RoAPAC)Latin AmericaMexicoBrazilRest of Latin America (RoLATAM)Middle East & AfricaUAESaudi ArabiaIsraelRest of Middle East & Africa (RoMEA)

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Related Reports:

Smart Cities Market by Solution (Smart Citizen Services, Smart Environment, Smart Buildings, Smart Transportation, Smart Utilities, Other Smart Solutions), Component (Hardware, Software, Services), Technology, Geography – Global Forecast to 2030

Smart Home Market by Product Type (Smart Lightning Systems, Smart Speakers, Smart Security & Monitoring Systems, Smart Home Appliances), Protocols & Standards (Wireless Protocols, Wired Protocols, Hybrid Protocols), and Geography – Global Forecast to 2030

Smart Lighting Market by Offering (Hardware, Software, Services), Connectivity Mode (Wired, Wireless [Bluetooth, Wi-Fi, Other], Hybrid), Application (Indoor [Residential, Commercial and Industrial], Outdoor) and Geography – Global Forecast to 2029

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source: https://www.meticulousresearch.com/pressrelease/459/wifi-6-market-2031

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SOURCE Meticulous Market Research Pvt. Ltd.

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Technology

TESSAN Showcased New Charging Products at CES 2025, Enhancing Its Role in Modern Life and Travel

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — At CES 2025, TESSAN showcased its relentless pursuit of technological innovation and enhanced user experience, engaging with a diverse audience to reinforce its commitment to being a dependable companion in users’ lives and travels. The event was a vibrant platform for interaction, where TESSAN not only presented its latest advancements but also connected with media, social influencers, and attendees through various engaging activities.

The exhibition garnered substantial media attention, with TESSAN being interviewed by various outlets. In acknowledgment of its innovative contributions, TESSAN received an award from SlashGear, a leading technology media platform known for its in-depth reviews and news on tech, cars, gaming, and science since 2005. The event’s excitement was further amplified by social media influencers, who explored the exhibition and shared their experiences with their followers, significantly enhancing the reach and impact of TESSAN’s innovations.

A highlight of the event was the interactive “What’s Your Next Journey?” activity, which invited attendees to participate for a chance to win an exclusive poster of the American singer-songwriter Rachael Yamagata, who recently partnered with TESSAN to inspire travelers.

Central to the exhibition were TESSAN’s latest products that underscored the brand’s commitment to innovation and user-centric design. The Travel Adapters, with its lightweight, compact, and multifunctional design, was a standout. Designed for global use, it caters to frequent travelers, ensuring seamless connectivity across different countries. The 140W Universal Travel Adapter, in particular, captured significant attention as an essential tool for global connectivity.

The Charging Station was another focal point, offering multi-device charging capabilities, rapid charging technology, and safety features. Suitable for both home and office environments, it meets the needs of users with multiple devices. The 100W Charging Station, a 9-in-1 powerhouse, exemplifies this by charging multiple gadgets simultaneously at lightning speed, appealing to busy individuals and tech enthusiasts alike.

Additionally, the Smart EV Charger demonstrated TESSAN’s commitment to sustainable and efficient solutions. Compatible with various electric vehicle models, it provides a convenient and eco-friendly charging option for EV users.

TESSAN’s diverse product range embodies the brand’s vision and core values, aiming to be a reliable companion in both daily life and travel. By prioritizing simplicity and convenience, TESSAN designs products that eliminate complexity and meet modern efficiency needs. Innovation is key, with advanced technologies like GaN (Gallium Nitride) enhancing performance and compatibility. Sustainability is also central to TESSAN’s mission, as demonstrated by eco-friendly practices and partnerships with ClimatePartner and One Tree Planted. Notably, TESSAN has launched an initiative to plant 10,000 trees across the U.S. and beyond, reinforcing its commitment to environmental sustainability and climate action.

Beyond product innovation, TESSAN enhances its impact through strategic collaborations. A notable partnership with globe-acclaimed photographer and adventurer Mattias Klum underscores the brand’s reliability. Additionally, TESSAN has teamed up with Rachael Yamagata to launch a global initiative aimed at uncovering travelers’ stories and inspiring exploration of the unknown.

As TESSAN continues to innovate and expand its product offerings, it remains dedicated to meeting the evolving needs of users worldwide. The brand invites everyone to join in its journey of exploration and discovery, promising more high-quality products that enhance connectivity and enrich lives.

About TESSAN

TESSAN, a trusted partner in charging solutions, is committed to enriching experiences both at home and during travel. The brand offers a wide array of products, including multifunctional power strips, travel adapters, wall extenders, and smart home devices. Supported by a robust R&D and production team, TESSAN develops innovative socket products for users across the globe. With the trust of over 20 million users, TESSAN empowers their journeys from home to every destination, promoting environmentally conscious electricity usage.

For more information, visit www.tessan.com or the TESSAN Amazon store, and follow TESSAN on Facebook, Instagram, and YouTube.

CONTACT: Derien Lin, derien@tessan.com

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SOURCE TESSAN

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Docking Drawer to Revolutionize Appliance Garage Safety at KBIS 2025

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Docking Drawer, the leader in in-drawer outlet solutions, is set to showcase its newly configured Safety Interlock Outlets for appliance garages at the Kitchen & Bath Industry Show (KBIS) in Las Vegas this February 2025.

SAN RAMON, Calif., Jan. 11, 2025 /PRNewswire-PRWeb/ — Docking Drawer’s Unwavering Dedication to Safety

“At Docking Drawer, we’re not just creating products; we’re setting new standards for safety and functionality.”

When it comes to safety, no one in the industry matches the focus and innovation of Docking Drawer. Their Safety Interlock Outlets for appliance garages bring a unique, forward-thinking solution to an often-overlooked area in kitchen design. These safety outlets automatically de-energize an appliance garage power source when the cabinet door is closed, ensuring that appliances are safely powered off when contained inside the cabinet.

Docking Drawer is also the only company dedicated to creating in-cabinet electrical solutions that meet the strict code requirements of the Canadian marketplace. Their Safety Interlock Outlets are designed to make in-cabinet electricity compliant in Canada while offering consumers in all regions an additional layer of safety for in-cabinet power.

Advanced Limit Switch Technology

Docking Drawer’s Safety Interlock Outlets for appliance garages utilize an advanced Limit Switch system, designed to work seamlessly with power outlets concealed by a cabinet door. This intuitive feature detects when the cabinet door is closed, instantly cutting power to the connected outlet and all powered appliances.

Now Compatible with Any Appliance Garage Door

An updated Limit Switch feature now offers different switch options to accommodate all appliance garage door types, including traditional cabinet doors, pocket door setups, and more. The newly designed Limit Switch now offers two functions to choose from:

Power Off When Limit Switch is Depressed: This state is ideal for traditional cabinet doors, where closing the door depresses the switch to cut power safely.Power On When Limit Switch is Depressed: This state is perfect for pocket doors, where the door being pushed back upon opening activates the switch, turning the power on.

Customizable Connectivity

The flexibility of Docking Drawer’s solutions also allows for connecting multiple limit switches to a single safety outlet or vice versa, offering customization options to adapt to the unique demands of any project.

“At Docking Drawer, we’re not just creating products; we’re setting new standards for safety and functionality,” states Scott Dickey, founder of Docking Drawer. “Our Safety Interlock Outlets represent the culmination of our dedication to innovation and empowering homeowners and professionals with safer, more organized spaces—even beyond the kitchen and bathroom.”

Join Us at KBIS 2025

Don’t miss the opportunity to experience the future of kitchen safety. Visit Docking Drawer at KBIS 2025 in Las Vegas this February to see firsthand how their Safety Interlock Outlets are revolutionizing appliance garage safety.

About Docking Drawer:

Founded in 2014, Docking Drawer offers a full array of ETL Listed electrical solutions. From our core in-drawer outlets developed specifically for use inside the drawer to our family of safety interlock outlets which add peace of mind to in-cabinet electrical setups, our products are designed to create more organized, functional and safer spaces.

Media Contact

Paul Hostelley, Docking Drawer, 1 530-362-5055, paul@dockingdrawer.com, dockingdrawer.com

View original content:https://www.prweb.com/releases/docking-drawer-to-revolutionize-appliance-garage-safety-at-kbis-2025-302347293.html

SOURCE Docking Drawer

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More than 85 Governments to Gather in Riyadh to Lead Global Action on Minerals at Fourth Future Minerals Forum

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RIYADH, Saudi Arabia, Jan. 11, 2025 /PRNewswire/ — Over 85 governments from key mineral-producing and consumer nations, including 16 countries from the leading G20 economies, and 50 ministers and 13 vice ministers – have confirmed they will join the 2025 FMF Ministerial Roundtable on January 14, 2025.

The Ministerial Roundtable, a multi-stakeholder, government-led initiative, is the traditional opener of FMF, spurring international action to increase investment in mineral supply and build capacity in the Super Region of Africa, Western and Central Asia, and other supply regions. It is set to be the largest and most senior gathering of mineral resources officials in the world

Discussion will cover progress made over the past year on the three Ministerial Roundtable initiatives:

Development of an International Critical Minerals FrameworkEstablishment of Centers of Excellence to build capacity in sustainability (Morocco), talent development (South Africa), and technology innovation (Saudi Arabia).Advancements in Certification Systems to ensure responsible mineral sourcing.

His Excellency Khalid Al-Mudaifer, the Vice-Minister for Mining Affairs of Saudi Arabia’s Ministry of Industry and Mineral Resources, emphasizes that, “The meeting is an important step towards achieving sustainable development in the minerals sector globally. It is an ideal platform for delivering solutions, developing legislation on best practices in the field of sustainable mining, and exploring ways to invest in mining projects to achieve economic and social development in producing countries.”

Joining him are high-profile leaders, including ministers from supplier and financing like Brazil, South Africa, DRC, India, Egypt, Italy, Nigeria, Qatar, Pakistan, Kazakhstan, Uzbekistan, Malaysia, Thailand, Morocco, Indonesia, France, USA and the United Kingdom, discussing opportunities for global cooperation.

 “This year, discussions will seek to enhance collaboration between governments, industry, and communities to drive more investment in minerals, and development through value addition in supplier countries. We want to support the pressing need for sustainable mining practices, resilient supply chains, and value-driven partnerships in the minerals industry.”

Importantly, the outcomes of the Ministerial Roundtable are not confined to the event itself but form an ongoing, year-round program. Regional Coordination Groups will continue to drive the implementation of key initiatives.

“FMF is emerging as the largest global hub for minerals collaboration and action – no other platform brings together government ministers and senior industry leaders at this scale.” Al-Mudaifer concluded.

 

SOURCE Future Minerals Forum

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