According to a new report by BCC Research, the global Wi-Fi 7 market is expected to reach $22.9 billion by 2030. The study forecasts a compound annual growth rate (CAGR) of 61.5% from 2025 to 2030, as the adoption of Wi-Fi 7 accelerates across industries and regions.

The report provides a detailed analysis of current revenue and future growth opportunities, segmenting the market by product type, deployment location, and end-user while examining regional performance in North America, Europe, Asia-Pacific, and other areas. It also explores key trends, competitive dynamics, emerging technologies, and the role of patents. Profiles of major players highlight the strategies and innovations shaping this rapidly evolving industry.

Wi-Fi 7 promises ultra-fast speeds, lower latency, and advanced features like Multi-Link Operation (MLO) for enhanced stability—critical for bandwidth-intensive applications such as 8K streaming, cloud gaming, AR/VR, and enterprise networks. Leading tech companies, including Qualcomm, Intel, and Broadcom, have already launched Wi-Fi 7 chipsets, with compatible devices—from smartphones to routers—now available.

The three major driving forces behind market growth

One of the biggest driving forces is the rapid expansion of the Internet of Things (IoT). According to IoT Analytics, there are an estimated 18.8 billion connected IoT devices globally—a 13% increase from 2023—making the demand for reliable, high-speed wireless connectivity higher than ever. This number is expected to surge to 40 billion by 2030.As previously reported by RCR Wireless News, Wi-Fi 7’s 320 MHz channels, 4096-QAM modulation, and multi-link operation (MLO) make it a game-changer for IoT, delivering the speed, efficiency, and low latency required for data-intensive applications.

It's worth noting that while Wi-Fi 7 is poised to become a cornerstone for next-gen IoT deployments, its adoption in the IoT space may take longer than expected, according to Lazaros Kapsias, Wi-Fi Product Manager at Quectel.While high-end consumer devices have already integrated Wi-Fi 7, many IoT products are still transitioning to Wi-Fi 6/6E."For most IoT products, Wi-Fi 7 will only make sense in their next design cycle—likely two to three years from now," he said. "In terms of annual shipments, I don’t expect Wi-Fi 7 to become the dominant Wi-Fi technology in IoT before 2030."

The report highlights that smart cities also play a significant role in driving Wi-Fi 7's growth. These environments rely on dense networks of interconnected devices to manage lighting, security, traffic, and more. Wi-Fi 7's ability to handle massive simultaneous connections makes it ideally suited for smart infrastructure.Potential applications range from traffic management systems that optimize flow using real-time data, to connected waste bins that signal when they need emptying, and environmental sensors monitoring air and water quality.

Another key growth driver is the increasing adoption of Wi-Fi as a Service (WaaS). According to SNS Insider, the WaaS market is growing at a CAGR of 20.42% and is projected to reach $31.52 billion by 2032, up from $5.92 billion in 2023.Major vendors like Aruba, Cisco, Extreme Networks, and Fujitsu are capitalizing on this trend. WaaS enables businesses to outsource Wi-Fi network management to third-party providers—an attractive option as Wi-Fi networks become more complex and mission-critical.The enhanced capabilities of Wi-Fi 7 are further accelerating demand for these managed solutions.

While the North American market races toward a $22.9 billion scale at a 61.5% CAGR, Qogrisys —as a Qualcomm module manufacturer—is driving deep deployment with its O7851PM module. Featuring tri-band 2×2 MIMO design, the module delivers 5.8Gbps speeds and 320MHz bandwidth, perfectly aligning with IoT and smart city application demands.Its Multi-Link Operation (MLO) technology, DFS anti-interference mechanism, and wide-temperature operation (-30°C to 85°C) are integrated into a compact form factor with PCIe 3.0 and Bluetooth 5.4 support. Currently leveraging these technical advantages to accelerate Wi-Fi 7 commercialization, the module is injecting momentum into the global wireless market.