According to a report by MarketsandMarkets, the Wi-Fi market size is expected to grow from US$14.5 billion in 2023 to US$39.4 billion by 2028.
The global market for WiFi devices is currently undergoing expansion fueled by the escalating adoption of smart homes, wearables, mobile phones, IoT devices, applications, and digital initiatives across various sectors such as healthcare and education.
This escalation is set to continue with the introduction in early 2024 of WiFi 7 (IEEE 802.11be) which is four times faster than the current WiFi 6.
Faster speeds, lower latency, improved reliability, backward compatibility, and enhanced network capacity, WiFi 7 boasts extremely high throughput (EHT) and offers several advantages over previous versions.
WiFi 7 will be a boon for industrial applications including factory monitoring, real time capabilities, and greater connectivity thanks to better signal coverage over large areas.
We came up with a nifty infographic (two actually) if you care to check our Pinterest page or LinkedIn feed.
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