20 Billion Wi-Fi Enabled Devices to Ship from 2019-2024

Market analyst, ABI Research, expect the total number of Wi-Fi devices to be shipped globally during the 2019-2024 period, to touch an astonishing mark of over 20 billion. Continued growth in traditional markets of strength, alongside traction in mesh networking systems, smart home, automotive, and IoT applications is expected to drive the Wi-Fi market forward to nearly 4 billion annual device shipments by 2024.

2019, marks the 20th anniversary of Wi-Fi, though the technology shows no signs of slowing down. According to ABI, 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. The need 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 60 GHz and sub-1 GHz 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 start-ups as Newracom, Morse Micro, and Palma Ceia SemiDesign among others, 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 6 GHz spectrum over the next few years. Though there is much work to be done here from a regulatory perspective, the addition of a possible 1.2 GHz 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. The Wi-Fi 6 standard is adding support for 6 GHz 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.

These findings are from ABI Research’s Wireless Connectivity Technology Segmentation & Addressable Markets market data. This report is part of the company’s Wi-Fi, Bluetooth and Wireless Connectivity research service, which includes research, data, and analyst insights. Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight where opportunities lie.