Wi-Fi 7 Market worth $24.2 billion by 2030, growing at a CAGR of 57.2%: Report by MarketsandMarkets™


Chicago, Sept. 22, 2023 (GLOBE NEWSWIRE) -- The Wi-Fi 7 Market is estimated at USD 1.0 billion in 2023 and is projected to reach USD 24.2 billion by 2030, at a CAGR of 57.2% from 2023 to 2030, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on "Wi-Fi 7 Market"

179 - Tables
48 - Figures
202- Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=37305689

Wi-Fi 7 Market Dynamics:


  1. Rising adoption of IoT
  2. Mitigation of network traffic and interference offered by Wi-Fi 7
  3. Increasing focus on QoE for end users
  4. Pandemic-driven lifestyle changes led to growing demand for data-intensive, low-latency applications and use cases


  1. High cost of installation
  2. Stringent government data regulations and guidelines


  1. Deployment of OpenRoaming and Passpoint technology gathering pace
  2. Wi-Fi 7 to offer key areas of investment for new connectivity technologies
  3. Growing adoption of 5G technology

List of Key Players in Wi-Fi 7 Market:

  • Qualcomm (US)
  • Broadcom (US)
  • TP-Link (China)
  • ZTE (China)
  • Mediatek (Taiwan)
  • Keysight Technologies (US)
  • MaxLinear (US)
  • Huawei (China)
  • Commscope (US)
  • Vantiva (France)

The increasing focus on the QoE for end users and growing demand for data-intensive, low-latency applications and use cases due to pandemic-driven lifestyle changes will drive the market's growth. These technologies provide a reliable and cost-effective connectivity solution for implementing IoT solutions at scale.

Based on applications, telemedicine is expected to register the fastest growth rate during the forecast period.

Wi-Fi 7 is useful in telemedicine because it allows transmitting high-quality video, audio, and large medical images. This makes it possible for healthcare providers to provide care to patients in remote areas who cannot travel to a doctor's office. Wi-Fi 7 can conduct telehealth consultations between patients and healthcare providers. This allows patients to receive medical care without traveling to a doctor's office.


Request Sample Pages:  https://www.marketsandmarkets.com/requestsampleNew.asp?id=37305689

By services, professional services to hold the largest market size during the forecast period

Professional services encompass a range of specialized consulting, implementation, and support offerings delivered by industry experts. These services are tailored to cater to the unique requirements of clients or projects. Their primary objective is to assist organizations in developing, implementing, and supporting Wi-Fi 7-based products, solutions, and services. Professional services include consulting, integration, and deployment. Wi-Fi 7 consulting is a service that helps businesses and organizations to design, deploy, and manage Wi-Fi 7 networks. Wi-Fi 7 consulting can help businesses and organizations utilize these improvements by designing and deploying optimized networks for their specific needs. Wi-Fi 7 consulting services include Site surveys, Design, and Management. Wi-Fi 7 consulting companies can conduct site surveys and recommend the best way to deploy a Wi-Fi 7 network in a particular location. Wi-Fi 7 consulting companies can help businesses and organizations design Wi-Fi 7 networks optimized for their needs. Management, Wi-Fi 7 consulting companies can help businesses and organizations to manage Wi-Fi 7 networks.

Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=37305689

Based on region North America is expected to hold the largest market size during the forecast period.

The North American Wi-Fi 7 market is anticipated to expand significantly in the upcoming years. The industry is being driven by the rising popularity of smart gadgets and the rising need for high-speed internet connectivity. Wi-Fi technology has a sizable market in North America. There is a considerable demand for high-speed internet connectivity in homes and businesses due to the region's sizeable and growing population of smartphone users. The rising popularity of smart devices is also driving the demand for Wi-Fi technology. A dependable and fast internet connection is necessary for smart gadgets like smart TVs, speakers, and thermostats.

Browse Adjacent Markets: Mobility and Telecom Market Research Reports & Consulting

Related Reports:

6G Market

IoT MVNO Market

5G Security Market

Mobile Device Management Market

Voice Assistant Application Market

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Posted In: NewsContractsAnalyst RatingsPress ReleasesAnalyst Recommendations