Wi-Fi device shipments will hit four billion by 2024: The ramifications for the industry
Unlicensed wireless communication has transformed internet access across the globe. The upward grow trajectory continues to rise for Wi-Fi applications. More than 20 billion Wi-Fi devices are forecast to ship between 2019 and 2024, according to the latest worldwide market study by ABI Research.
Continued adoption in traditional markets of strength, alongside traction in mesh networking systems, smart home, automotive, and IoT applications will drive the Wi-Fi market forward to nearly four billion annual device shipments by 2024.
Wi-Fi device market development
"2019 marks the 20th anniversary of Wi-Fi, though the technology shows no signs of slowing down," says Andrew Zignani, principal analyst at ABI Research. "Wi-Fi 6 is quickly gaining momentum in networking devices, while client devices are already arriving into the market and are anticipated to ramp up considerably over the next 12-18 months."
According to the ABI assessment, demand for faster, more reliable, more efficient, and more widespread Wi-Fi coverage is becoming increasingly vital in a world filled with more Wi-Fi devices at both ends of the performance spectrum -- from high resolution streaming and low latency gaming to battery constrained IoT devices.
Wi-Fi’s expansion into the 60GHz and sub-1GHz bands through WiGig and HaLow have been considerably slower, though ABI Research anticipates these technologies will carve out their own success in the coming years.
WiGig still has considerable potential for point-to-point applications such as wireless video streaming, virtual reality, and docking, and has recently seen considerable traction in fixed wireless access applications.
HaLow chipsets and IP are finally coming to the market thanks to efforts from numerous start-up vendors, and the inherent flexibility of the technology could make it very attractive in LPWA type applications.
However, most exciting of all is the anticipated availability of 6GHz wireless communication spectrum over the next few years.
Outlook for Wi-Fi performance improvements
"Though there is much work to be done here from a regulatory perspective, the addition of a possible 1.2GHz of additional spectrum for Wi-Fi that will be unencumbered by legacy Wi-Fi technologies could lead to an unprecedented performance and capacity boost for Wi-Fi in the future," says Zignani.
"The Wi-Fi 6 standard is adding support for 6GHz capabilities, and work is already underway for the next generation that will take full advantage of the new spectrum. These enhancements combined will ensure that Wi-Fi will continue to drive value well into its 30th anniversary and beyond," Zignani concludes.
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