What is Hot in the Wireless LAN Infrastructure Market? Fireside Chat with Industry Expert Analyst Chris DePuy

650 Group
26 April 2021
  • The 650 Group expects the consumer Wi‑Fi market to grow 3% annually over the next few years to around $7 billion. The enterprise Wi-Fi market is about $6 billion, and while it could end up growing more quickly in 2021 and more slowly in 2022, 3% growth is a good estimate for both markets.
  • While Wi-Fi 5 (aka 802.11ac) was focused on providing faster speeds, Wi-Fi 6 and 7 are about providing more support for more devices. The Wi-Fi 6 standard was finalized in February and Wi-Fi 7 should be finalized sometime in 2024.
  • While mesh Wi-Fi devices are a relatively small part of the market today, that market went from 19% YoY growth in 2019 to 58% growth in 2020, according to 650 Group. Mesh devices let Wi-Fi products, and all wireless in general, to automatically set-up, communicate, and work around outtages.
  • Communications is experiencing upward drivers from pandemic lockdowns and the increased remote access demand from consumers. Global internet penetration has grown from 25% in 2010 to 62% in 2020 and is projected to grow to 90% by 2030.
  • Water Tower Research initiated coverage of the Communications Equipment sector last fall, launching on Cisco Systems, Extreme Networks, and Infinera. Also, we recently launched coverage of Cambium Networks and we published our Wi-Fi Industry Report last month.
  • Companies mentioned in this report include Broadcom, Cambium Networks, Celona, Cisco Systems, CommScope, eero (owned by Amazon), FiberHome, HPE Aruba, Huawei, Juniper Networks, Linksys, MediaTek, Netgear, ON Semiconductor, Qualcomm, Realtek, TP-Link, Ubiquiti, and ZTE