Wi-fi 7 Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Wi-Fi 7 Market is Segmented by Type (Hardware and Service), by Application (Indoor and Outdoor), and by Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Wi-fi 7 Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Wi-fi 7 Industry Overview

The Wi-Fi 7 market is characterized by a significant concentration of major players who collectively hold a substantial market share. These key players are actively introducing multiple products to maintain their competitive edge throughout the projected period.

In June 2023, Broadcom Inc. made a noteworthy announcement regarding the release and availability of its second-generation wireless connectivity chipset solutions tailored for the Wi-Fi 7 ecosystem. These solutions encompass a wide range of products, including Wi-Fi routers, enterprise access points, residential gateways, and client devices. What sets these new chips apart is their enhanced functionality, catering to a broader customer base. Additionally, these chips are built on the foundation of Broadcom's original generation Wi-Fi 7, enabling their use in various markets beyond the primary one.

In June 2022, Qualcomm Technologies, Inc. unveiled a series of RFFE modules designed to deliver top-notch Wi-Fi and Bluetooth experiences. This expanded portfolio caters to Bluetooth, Wi-Fi 6E, and the upcoming Wi-Fi 7 standard. These modules are thoughtfully crafted to serve a diverse range of device segments, extending beyond smartphones to include automotive, extended reality (XR), personal computers (PCs), wearables, mobile broadband, Internet of Things (IoT), and more.

In April 2022, Broadcom Inc. announced the full availability of its comprehensive end-to-end chipset solutions designed specifically for the Wi-Fi 7 ecosystem. This comprehensive lineup covers Wi-Fi routers, residential gateways, enterprise access points, and client devices. Notably, Broadcom's latest Wi-Fi 7 chipsets are expected to double the Wi-Fi channel bandwidth by offering 320 MHz channels. This advancement aligns perfectly with the expanded global Wi-Fi spectrum in the 6 GHz band, making it a valuable addition to the market.

Wi-fi 7 Market Leaders

  1. Intel Corporation

  2. Broadcom Inc.

  3. Cisco Systems Inc.

  4. Qualcomm

  5. MediaTek Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Wi-fi 7 Market Concentration