Global Wi-Fi Chipset Market Size study & Forecast, by Protocol Type (802.11ac, 802.11n, 802.11ax, 802.11b, Others) by MIMO Configuration (MU-MIMO, SU-MIMO), by Application (Residential, Enterprise, Education, Government and Public Utilities, Others), and Regional Analysis, 2023-2030
Global Wi-Fi Chipset Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. A Wi-Fi chipset, also known as a wireless chipset, refers to the integrated circuit (IC) or set of electronic components that enable wireless communication over Wi-Fi networks. It is a crucial component found in various devices such as smartphones, laptops, tablets, routers, and other wireless-enabled devices. The Wi-Fi chipset typically consists of a transceiver, which handles the transmission and reception of wireless signals, and a baseband processor, responsible for encoding and decoding the data transmitted over the Wi-Fi network. The Wi-Fi Chipset Market is expanding because of factors such as rising Growing number of public Wi-Fi hotspots, Growing machine to machine connections, Increasing Internet Penetration Rate.
The Organisation for Economic Co-operation and Development survey estimates that by 2025, there will be 1,262.47 million homes with computers. Computer homes are those that have at least one computer. The market participants will have the chance to diversify their Wi-Fi chipset product offerings, boost their regional presence, and gain market share as a result of the enormous rise in the usage of computers. Furthermore, according to Statista, As of 2022, the number of internet users across the globe was 5.3 billion, which was up from 4.9 billion in the year 2021. Thus, the rising number of internet users is further favouring the market growth. In addition, Application advancements of Wi-Fi in AR and VR and use of Wi-Fi technology in indoor and outdoor location systems is creating a lucrative opportunity to the market. However, network security and complexities related to network management stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Wi-Fi Chipset Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 factors such as rising 5g connection, rising internet penetration, and dominance of key market players in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising number of internet users, rising adoption of computers, and rising internet industry in the region.
Major market player included in this report are:Qualcomm
Broadcom
Mediatek
Intel Corporation
Texas Instruments Incorporated
STMicroelectronics N.V.
Samsung Electronics Co., Ltd
NXP Semiconductors N.V.
On Semiconductor Co.
Cypress Semiconductor Corporation
Recent Developments in the Market:In May 2022, MediaTek announced two new wifi 7 chipsets. Gateways, access points, and routers all benefit from the Filogic 880. The Filogic 380 provides customer assistance. The chipsets are present in clients (Filogic 380) and access points (Filogic 880) that enable wifi 7. These include laptops and mobile devices.
In April 2022, , Broadcom Inc. revealed that samples of their full end-to-end Wi-Fi 7 chipset solutions are now available. These Wi-Fi 7 chips offer reliable low-latency connections, an increased range, and more than twice the speed of current Wi-Fi 6 and 6E solutions. The Broadcom BCM67263, BCM6726, BCM43740, BCM43720, and BCM4398 are parts of the Wi-Fi 7 ecosystem.
Global Wi-Fi Chipset Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Protocol Type, MIMO Configuration, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Protocol Type offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Protocol Type:
802.11ac
802.11n
802.11ax
802.11b
Others
By MIMO Configuration:
MU-MIMO
SU-MIMO
By Application:
Residential
Enterprise
Education
Government and Public Utilites
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedQualcomm
Broadcom
Mediatek
Intel Corporation
Texas Instruments Incorporated
STMicroelectronics N.V.
Samsung Electronics Co., Ltd
NXP Semiconductors N.V.
On Semiconductor Co.
Cypress Semiconductor Corporation
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