Wi-Fi 7 Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The global Wi-Fi 7 market is anticipated to grow at a considerable CAGR of 52% during the forecast period. Plume launched AI-based ‘Full Stack Optimization’ to boost home connectivity performance. Network services and consumer experience pioneer Plume has released their latest innovation: ‘Full Stack Optimization’ for home broadband services. The new set of features allows service providers to boost the home connectivity experience through the detection and optimization of traffic flows according to the application category. More than 50 million locations are now managed by Plume’s Cloud platform, the company said on August 2023. The company recently released a set of features incorporating application-level optimization into Plume’s already sophisticated AI-driven Wi-Fi optimization platform.

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In July 2023, Networking solution provider EnGenius announced one of the world’s first enterprise-grade Wi-Fi 7 access points. EnGenius believes an early start and great Cloud features are key to positioning the company in the sweet spot of the upcoming Wi-Fi 7 growth spree.

Furthermore, the Global Wi-Fi 7 market is also driven by some product categories and collaborations in the market for instance,  In January 2023, MediaTek introduced Consumer-Ready Wi-Fi 7 Products in product categories, including residential gateways, mesh routers, televisions, streaming devices, smartphones, tablets, laptops, and more at CES 2023. In March 2023, Lounea partnered with TP-Link to become Finland’s first Wi-Fi 7 operator to offer Wi-Fi 7 standards for home wireless networks.

Global Wi-Fi 7 market Report Segment

By Location 

  • Indoor
  • Outdoor

By Application 

  • Social cloud-based gaming
  • IoT and Industry
  • 8K video streaming & video conferencing
  • Telemedicine
  • Other Applications

By Offering

  • Hardware
  • Solutions
  • Services

By Vertical

  • Education
  • Media and Entertainment
  • Retail
  • Residential
  • Healthcare & Life Sciences
  • Other Verticals (Banking, Financial Services and Insurance)

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Company Profiles

  • Actiontec Electronics, Inc.
  • ADB Global
  • Broadcom
  • CommScope, Inc.
  • HFCL Ltd.
  • Intel Corp.
  • Keysight Technologies
  • LitePoint
  • MediaTek Inc.
  • NETGEAR Inc.
  • New H3C Technologies Co., Ltd.
  • Rohde & Schwarz USA, Inc.

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