GITNUX REPORT 2024

Global Wi-Fi Industry Statistics: $21.2B Market, 549M Hotspots by 2026

Exploring the Explosive Growth of the Global Wi-Fi Industry: What the Statistics Reveal

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

The global Wi-Fi market is projected to reach $21.2 billion by 2026.

Statistic 2

The number of Wi-Fi hotspots worldwide is expected to reach 549 million by 2022.

Statistic 3

By 2025, there will be an estimated 1.5 billion households with Wi-Fi worldwide.

Statistic 4

The Asia-Pacific region is expected to dominate the global Wi-Fi market by 2026.

Statistic 5

By 2023, the global Wi-Fi as a Service market is estimated to be worth $9.2 billion.

Statistic 6

In 2020, over 57% of all global mobile data traffic was offloaded onto Wi-Fi networks.

Statistic 7

The Wi-Fi market in North America is expected to grow at a CAGR of 6.2% from 2020 to 2027.

Statistic 8

Wi-Fi 6 adoption is forecasted to grow at a CAGR of 19% between 2021 and 2026.

Statistic 9

By 2030, it is estimated that Wi-Fi 6 and 6E devices will account for over 60% of all Wi-Fi device shipments.

Statistic 10

The enterprise Wi-Fi market is projected to reach $12.1 billion by 2025.

Statistic 11

In 2020, Wi-Fi 6 device shipments reached 370 million units.

Statistic 12

By 2022, Wi-Fi 6-enabled smartphones are expected to make up 58% of all smartphone shipments.

Statistic 13

The global public Wi-Fi market is anticipated to reach $9.9 billion by 2026.

Statistic 14

In 2021, the global Wi-Fi extender market was valued at $2.9 billion.

Statistic 15

The Wi-Fi testing equipment market is expected to grow at a CAGR of 6.1% from 2020 to 2027.

Statistic 16

By 2026, the global in-building wireless market is estimated to reach $16.2 billion, driven in part by Wi-Fi adoption.

Statistic 17

The government and public Wi-Fi market in the United States is expected to surpass $2 billion by 2025.

Statistic 18

In 2020, Wi-Fi technology accounted for approximately 71% of internet traffic worldwide.

Statistic 19

The global Wi-Fi analytics market is projected to reach $33.6 billion by 2026.

Statistic 20

The Wi-Fi home router market is expected to reach $2.7 billion by 2026.

Statistic 21

Wi-Fi mesh network adoption is projected to grow at a CAGR of 11.3% from 2021 to 2026.

Statistic 22

By 2024, the global Wi-Fi as a Service (WaaS) market is forecasted to reach $10.93 billion.

Statistic 23

The Wi-Fi chipset market is estimated to grow at a CAGR of 3.8% from 2021 to 2028.

Statistic 24

In 2020, the number of Wi-Fi 6 device shipments exceeded 337 million units.

Statistic 25

The global Wi-Fi as a service (WaaS) market is expected to grow at a CAGR of 15.4% from 2021 to 2028.

Statistic 26

By 2023, the enterprise Wi-Fi market size is anticipated to exceed $10 billion.

Statistic 27

By 2025, the enterprise indoor location-based services (LBS) market for Wi-Fi is projected to reach $6.3 billion.

Statistic 28

The global Wi-Fi analytics market size is forecasted to reach $20.8 billion by 2028.

Statistic 29

The global Wi-Fi access point market is expected to grow at a CAGR of 12.0% from 2021 to 2028.

Statistic 30

Total global Wi-Fi 6E device shipments are projected to reach 160 million units by 2026.

Statistic 31

The small cell Wi-Fi market is anticipated to reach $4.8 billion by 2025.

Statistic 32

By 2023, the cloud-managed Wi-Fi market is estimated to be worth $8.9 billion.

Statistic 33

The global Wi-Fi testing equipment market is forecasted to reach $1.8 billion by 2027.

Statistic 34

WiFi-enabled thermostats are projected to achieve a market size of $3.6 billion by 2027.

Statistic 35

The global Wi-Fi direct market is expected to grow at a CAGR of 9.4% from 2021 to 2028.

Statistic 36

By 2025, the global Wi-Fi 6 market size is estimated to be $6.1 billion.

Statistic 37

The global Wi-Fi services market is projected to reach $953.8 billion by 2027.

Statistic 38

By 2026, the Wi-Fi market revenue in the healthcare sector is expected to exceed $6.9 billion.

Statistic 39

The global market for Wi-Fi based indoor positioning systems is forecasted to reach $49.6 billion by 2028.

Statistic 40

The global Wi-Fi advertising market is projected to grow at a CAGR of 15.2% from 2021 to 2028.

Statistic 41

By 2025, the managed Wi-Fi solutions market is anticipated to reach $9.93 billion.

Statistic 42

The global Wi-Fi Rogers Market is projected to reach $129.5 billion by 2028.

Statistic 43

In 2020, the penetration rate of Wi-Fi 6 devices in on-premises Wi-Fi networks was about 6%.

Statistic 44

The global Wi-Fi travel router market size is estimated to reach $933.2 million by 2026.

Statistic 45

By 2027, the Wi-Fi in healthcare market is forecasted to be worth $9.5 billion.

Statistic 46

The global Wi-Fi fingerprinting market is expected to grow at a CAGR of 22.1% from 2021 to 2028.

Statistic 47

In 2020, the global Wi-Fi 6 access points shipments totaled over 6 million units.

Statistic 48

The small and medium enterprise (SME) Wi-Fi market revenue is projected to exceed $3.2 billion by 2027.

Statistic 49

By 2025, the global Wi-Fi-based RTLS market is expected to reach $3.4 billion.

Statistic 50

The global Wi-Fi 6 routers market size is forecasted to surpass $2.4 billion by 2026.

Statistic 51

In 2020, the Wi-Fi offloading market accounted for around 23% of overall mobile data traffic.

Statistic 52

The Wi-Fi Managed Services market is anticipated to grow at a CAGR of 8.9% from 2021 to 2028.

Statistic 53

By 2025, the global Wi-Fi cooling control market size is expected to be $1.2 billion.

Statistic 54

The Wi-Fi chip market is forecasted to reach $22.5 billion by 2028.

Statistic 55

By 2027, the global Wi-Fi-based RTLS (Real-Time Location System) market value is estimated to be $2.97 billion.

Statistic 56

The global Wi-Fi certified module market is projected to reach $13.5 billion by 2026.

Statistic 57

By 2026, the global Wi-Fi as a Service (WaaS) market is expected to reach $10.12 billion.

Statistic 58

In 2020, the global Wi-Fi temperature sensors market size was valued at $389.8 million.

Statistic 59

The market size of the Wi-Fi Power Strips is projected to reach $5.5 billion by 2027.

Statistic 60

By 2025, the Wi-Fi home automation market is expected to grow to $10.9 billion.

Statistic 61

The global Wi-Fi power bank market size is forecasted to reach $11.2 billion by 2026.

Statistic 62

The market for Wi-Fi-connected smartwatches is expected to reach $44.4 billion by 2028.

Statistic 63

By 2027, the global market for Wi-Fi-based smart thermostats is anticipated to exceed $16 billion.

Statistic 64

The market for Wi-Fi smart lock systems is estimated to reach $2.72 billion by 2027.

Statistic 65

By 2026, the global market for Wi-Fi pet trackers is projected to be worth $3.5 billion.

Statistic 66

The Wi-Fi car diagnostics market size is expected to reach $19.14 billion by 2027.

Statistic 67

In 2020, the Wi-Fi vending machine market was valued at $3.17 billion.

Statistic 68

The market for Wi-Fi-connected wearable medical devices is forecasted to reach $27.12 billion by 2026.

Statistic 69

By 2028, the global Wi-Fi doorbell market size is estimated to grow to $6.5 billion.

Statistic 70

The market for Wi-Fi-connected blood pressure monitors is projected to be $2.05 billion by 2027.

Statistic 71

By 2027, the market size of Wi-Fi-connected weight scales is expected to reach $1.28 billion.

Statistic 72

The Wi-Fi-connected dishwasher market is set to reach $4.72 billion by 2026.

Statistic 73

The global Wi-Fi-connected pet feeder market is poised to reach $1.85 billion by 2027.

Statistic 74

By 2026, the Wi-Fi-connected Logitech Harmony Market is expected to grow to $2.97 billion.

Statistic 75

The market for Wi-Fi-connected robotic vacuum cleaners is forecasted to be $3.9 billion by 2027.

Statistic 76

By 2028, the market size of Wi-Fi-enabled smart lighting systems is anticipated to reach $13.82 billion.

Statistic 77

In 2020, the average household in the United States had about 8 connected devices.

Statistic 78

The Wi-Fi chipset market in Asia-Pacific is expected to grow at a CAGR of 4.1% from 2021 to 2028.

Statistic 79

In 2020, 5G and Wi-Fi 6 were combined into hybrid networks in over 22% of enterprise Wi-Fi deployments.

Statistic 80

Wi-Fi connected devices are expected to reach 32 billion by 2024.

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Summary

  • The global Wi-Fi market is projected to reach $21.2 billion by 2026.
  • The number of Wi-Fi hotspots worldwide is expected to reach 549 million by 2022.
  • In 2020, the average household in the United States had about 8 connected devices.
  • By 2025, there will be an estimated 1.5 billion households with Wi-Fi worldwide.
  • The Asia-Pacific region is expected to dominate the global Wi-Fi market by 2026.
  • By 2023, the global Wi-Fi as a Service market is estimated to be worth $9.2 billion.
  • In 2020, over 57% of all global mobile data traffic was offloaded onto Wi-Fi networks.
  • The Wi-Fi market in North America is expected to grow at a CAGR of 6.2% from 2020 to 2027.
  • Wi-Fi 6 adoption is forecasted to grow at a CAGR of 19% between 2021 and 2026.
  • By 2030, it is estimated that Wi-Fi 6 and 6E devices will account for over 60% of all Wi-Fi device shipments.
  • The enterprise Wi-Fi market is projected to reach $12.1 billion by 2025.
  • In 2020, Wi-Fi 6 device shipments reached 370 million units.
  • By 2022, Wi-Fi 6-enabled smartphones are expected to make up 58% of all smartphone shipments.
  • The global public Wi-Fi market is anticipated to reach $9.9 billion by 2026.
  • In 2021, the global Wi-Fi extender market was valued at $2.9 billion.

With the global Wi-Fi market projected to skyrocket to $21.2 billion by 2026 and an estimated 549 million hotspots worldwide by 2022, its safe to say that the world is in a committed relationship with wireless internet – sorry, dial-up. From the average US household juggling 8 connected devices to a future where Wi-Fi 6 devices will reign supreme, its clear that were all just trying to stay connected in a world thats more online than ever. So, grab your latte, find your favorite Wi-Fi hotspot, and lets dive into the world of wireless wonders thats always just a password away.

Global Wi-Fi Market Forecast

  • The global Wi-Fi market is projected to reach $21.2 billion by 2026.
  • The number of Wi-Fi hotspots worldwide is expected to reach 549 million by 2022.
  • By 2025, there will be an estimated 1.5 billion households with Wi-Fi worldwide.
  • The Asia-Pacific region is expected to dominate the global Wi-Fi market by 2026.
  • By 2023, the global Wi-Fi as a Service market is estimated to be worth $9.2 billion.
  • In 2020, over 57% of all global mobile data traffic was offloaded onto Wi-Fi networks.
  • The Wi-Fi market in North America is expected to grow at a CAGR of 6.2% from 2020 to 2027.
  • Wi-Fi 6 adoption is forecasted to grow at a CAGR of 19% between 2021 and 2026.
  • By 2030, it is estimated that Wi-Fi 6 and 6E devices will account for over 60% of all Wi-Fi device shipments.
  • The enterprise Wi-Fi market is projected to reach $12.1 billion by 2025.
  • In 2020, Wi-Fi 6 device shipments reached 370 million units.
  • By 2022, Wi-Fi 6-enabled smartphones are expected to make up 58% of all smartphone shipments.
  • The global public Wi-Fi market is anticipated to reach $9.9 billion by 2026.
  • In 2021, the global Wi-Fi extender market was valued at $2.9 billion.
  • The Wi-Fi testing equipment market is expected to grow at a CAGR of 6.1% from 2020 to 2027.
  • By 2026, the global in-building wireless market is estimated to reach $16.2 billion, driven in part by Wi-Fi adoption.
  • The government and public Wi-Fi market in the United States is expected to surpass $2 billion by 2025.
  • In 2020, Wi-Fi technology accounted for approximately 71% of internet traffic worldwide.
  • The global Wi-Fi analytics market is projected to reach $33.6 billion by 2026.
  • The Wi-Fi home router market is expected to reach $2.7 billion by 2026.
  • Wi-Fi mesh network adoption is projected to grow at a CAGR of 11.3% from 2021 to 2026.
  • By 2024, the global Wi-Fi as a Service (WaaS) market is forecasted to reach $10.93 billion.
  • The Wi-Fi chipset market is estimated to grow at a CAGR of 3.8% from 2021 to 2028.
  • In 2020, the number of Wi-Fi 6 device shipments exceeded 337 million units.
  • The global Wi-Fi as a service (WaaS) market is expected to grow at a CAGR of 15.4% from 2021 to 2028.
  • By 2023, the enterprise Wi-Fi market size is anticipated to exceed $10 billion.
  • By 2025, the enterprise indoor location-based services (LBS) market for Wi-Fi is projected to reach $6.3 billion.
  • The global Wi-Fi analytics market size is forecasted to reach $20.8 billion by 2028.
  • The global Wi-Fi access point market is expected to grow at a CAGR of 12.0% from 2021 to 2028.
  • Total global Wi-Fi 6E device shipments are projected to reach 160 million units by 2026.
  • The small cell Wi-Fi market is anticipated to reach $4.8 billion by 2025.
  • By 2023, the cloud-managed Wi-Fi market is estimated to be worth $8.9 billion.
  • The global Wi-Fi testing equipment market is forecasted to reach $1.8 billion by 2027.
  • WiFi-enabled thermostats are projected to achieve a market size of $3.6 billion by 2027.
  • The global Wi-Fi direct market is expected to grow at a CAGR of 9.4% from 2021 to 2028.
  • By 2025, the global Wi-Fi 6 market size is estimated to be $6.1 billion.
  • The global Wi-Fi services market is projected to reach $953.8 billion by 2027.
  • By 2026, the Wi-Fi market revenue in the healthcare sector is expected to exceed $6.9 billion.
  • The global market for Wi-Fi based indoor positioning systems is forecasted to reach $49.6 billion by 2028.
  • The global Wi-Fi advertising market is projected to grow at a CAGR of 15.2% from 2021 to 2028.
  • By 2025, the managed Wi-Fi solutions market is anticipated to reach $9.93 billion.
  • The global Wi-Fi Rogers Market is projected to reach $129.5 billion by 2028.
  • In 2020, the penetration rate of Wi-Fi 6 devices in on-premises Wi-Fi networks was about 6%.
  • The global Wi-Fi travel router market size is estimated to reach $933.2 million by 2026.
  • By 2027, the Wi-Fi in healthcare market is forecasted to be worth $9.5 billion.
  • The global Wi-Fi fingerprinting market is expected to grow at a CAGR of 22.1% from 2021 to 2028.
  • In 2020, the global Wi-Fi 6 access points shipments totaled over 6 million units.
  • The small and medium enterprise (SME) Wi-Fi market revenue is projected to exceed $3.2 billion by 2027.
  • By 2025, the global Wi-Fi-based RTLS market is expected to reach $3.4 billion.
  • The global Wi-Fi 6 routers market size is forecasted to surpass $2.4 billion by 2026.
  • In 2020, the Wi-Fi offloading market accounted for around 23% of overall mobile data traffic.
  • The Wi-Fi Managed Services market is anticipated to grow at a CAGR of 8.9% from 2021 to 2028.
  • By 2025, the global Wi-Fi cooling control market size is expected to be $1.2 billion.
  • The Wi-Fi chip market is forecasted to reach $22.5 billion by 2028.
  • By 2027, the global Wi-Fi-based RTLS (Real-Time Location System) market value is estimated to be $2.97 billion.
  • The global Wi-Fi certified module market is projected to reach $13.5 billion by 2026.
  • By 2026, the global Wi-Fi as a Service (WaaS) market is expected to reach $10.12 billion.
  • In 2020, the global Wi-Fi temperature sensors market size was valued at $389.8 million.
  • The market size of the Wi-Fi Power Strips is projected to reach $5.5 billion by 2027.
  • By 2025, the Wi-Fi home automation market is expected to grow to $10.9 billion.
  • The global Wi-Fi power bank market size is forecasted to reach $11.2 billion by 2026.
  • The market for Wi-Fi-connected smartwatches is expected to reach $44.4 billion by 2028.
  • By 2027, the global market for Wi-Fi-based smart thermostats is anticipated to exceed $16 billion.
  • The market for Wi-Fi smart lock systems is estimated to reach $2.72 billion by 2027.
  • By 2026, the global market for Wi-Fi pet trackers is projected to be worth $3.5 billion.
  • The Wi-Fi car diagnostics market size is expected to reach $19.14 billion by 2027.
  • In 2020, the Wi-Fi vending machine market was valued at $3.17 billion.
  • The market for Wi-Fi-connected wearable medical devices is forecasted to reach $27.12 billion by 2026.
  • By 2028, the global Wi-Fi doorbell market size is estimated to grow to $6.5 billion.
  • The market for Wi-Fi-connected blood pressure monitors is projected to be $2.05 billion by 2027.
  • By 2027, the market size of Wi-Fi-connected weight scales is expected to reach $1.28 billion.
  • The Wi-Fi-connected dishwasher market is set to reach $4.72 billion by 2026.
  • The global Wi-Fi-connected pet feeder market is poised to reach $1.85 billion by 2027.
  • By 2026, the Wi-Fi-connected Logitech Harmony Market is expected to grow to $2.97 billion.
  • The market for Wi-Fi-connected robotic vacuum cleaners is forecasted to be $3.9 billion by 2027.
  • By 2028, the market size of Wi-Fi-enabled smart lighting systems is anticipated to reach $13.82 billion.

Interpretation

The world of Wi-Fi is not just about connecting devices—it's a booming industry with a personality as complex as your home network setup. With numbers soaring higher than a Wi-Fi signal on a clear day, it's clear that the global Wi-Fi market is on an unstoppable trajectory. By 2026, we might find ourselves asking not just for the Wi-Fi password, but also for a slice of that $21.2 billion pie. From Wi-Fi hotspots multiplying faster than your inbox, to Wi-Fi 6 devices taking over like a tech-savvy invasion, it's evident that the world is increasingly becoming interconnected through the invisible waves of the internet. So, brace yourselves for a future where even your pet's collar might be sending data through the airwaves—it's Wi-Fi's world, and we're just living in it.

Household Wi-Fi Penetration in the US

  • In 2020, the average household in the United States had about 8 connected devices.

Interpretation

In 2020, the average American household resembled a high-tech circus, with each member potentially juggling up to 8 connected devices at a time. From smartphones and laptops to smart TVs and gaming consoles, the modern family was not just connected but practically entwined in a web of digital dependencies. So, when it came to family discussions, it wasn't unusual for the Wi-Fi router to become the unsung hero mediating conflicts and maintaining peace - after all, slow internet was the new silent treatment in the 21st century household.

Wi-Fi Market Trends in Asia-Pacific Region

  • The Wi-Fi chipset market in Asia-Pacific is expected to grow at a CAGR of 4.1% from 2021 to 2028.
  • In 2020, 5G and Wi-Fi 6 were combined into hybrid networks in over 22% of enterprise Wi-Fi deployments.

Interpretation

The Wi-Fi industry in Asia-Pacific is like a seasoned marathon runner, steadily pacing itself at a 4.1% CAGR from 2021 to 2028, showing resilience and endurance in the face of technological evolution. In a plot twist reminiscent of a modern-day rom-com, 5G and Wi-Fi 6 found love and compatibility, merging seamlessly in over 22% of enterprise Wi-Fi deployments in 2020. This unexpected union proves that even in the fast-paced world of technology, sometimes the best partnerships are the ones that challenge traditional boundaries and expectations.

Wi-Fi User Growth Projection

  • Wi-Fi connected devices are expected to reach 32 billion by 2024.

Interpretation

In a world where even our toothbrushes are getting Wifi-enabled, it's no surprise that the number of connected devices is set to skyrocket to a whopping 32 billion by 2024. Soon, our toasters will be chatting with our fridges about breakfast plans, and our cars will be gossiping with our thermostats. As we hurtle towards a future where everything is connected, one thing is clear: the only thing spreading faster than Wifi signals themselves is the need for a solid password manager.

References