Wi-Fi Chipset Market by Band (Single Band, Dual Band, and Tri Band), Standard, Application, End User, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030
Wi-Fi Chipset Market by Band (Single Band, Dual Band, and Tri Band), Standard, Application, End User, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030
Wi-fi Chipset Market Size
The global wi-fi chipset market size was valued at $23.77 billion in 2024 and is projected to reach $31.48 billion by 2030, growing at a CAGR of 4.8% during the forecast period.
Wi-fi Chipset Market Overview
A Wi-Fi semiconductor chipset is part of internal tackle which is designed in such a way as to allow the device to communicate with another wireless technology-enabled device. This kind of Wi-Fi semiconductor chipset can be planted in a variety of wireless biases similar to smartphones, particular computers, laptops, etc. Piecemeal from this bias, Wi-Fi semiconductor chipset also has a major operation in colorful robotization systems similar to artificial & home robotization.
Wi-fi Chipset Market Dynamics
The wi-fi chipset market is expected to witness significant growth in the future due to the increasing penetration rate of the Internet and the rising use of Wi-Fi in businesses and enterprises.
Additionally, growing demand for high-speed computing applications, growing trend towards smart home devices, and rising initiatives towards 5G technology in developing nations are the prominent factors driving the growth of the wi-fi chipset market demand.
However, the security Issues associated with Wi-Fi technology and stringent regulations are restraining the market growth.
On the contrary, growing emphasis on connected vehicle technology and technological development for Wi-Fi 6 and Wi-Fi 5 are creating opportunities for market growth.
By Multiple-input Multiple-output (MIMO) Configuration, the Multi-user Multiple-input Multiple-output (MU-MIMO) Segment is projected to be the largest Segment in the Wi-Fi Chipset Market
The multi-user multiple-input multiple-output (MU-MIMO) segment is estimated to witness a significant growth rate in the foreseeable future owing to the growing popularity of multiplayer gaming consoles such as PlayStation 5 & gaming PCs. Multiple systems can communicate more efficiently through a single access point with the help of MU-MIMO wireless technology. This configuration provides high bandwidth and low quiescence when connecting multiple biases over a Wi-Fi network. Due to the increasing penetration of consumers in the advanced gaming assiduity, high-speed internet connectivity is needed to maintain data transfer speed in multi-user operations.
By Geography, Asia Pacific Region Holds the Dominant Position in the Market Revenue
Asia Pacific is projected to be the largest segment in the wi-fi chipset market due to the increasing efforts to support the allocation of new frequency bands for next-generation Wi-Fi in the region. Rising ventures by government specialists and establishments to help information-intensive exploration will drive the learning experience for wi-fi chipset producers. For instance, in December 2021, the Guam-Singapore Connectivity Consortium uncovered that it will give high-speed data assistance to explore organizations in Asia. This availability guarantees trans-oceanic organization geography for science and exploration, expanding the limit and sturdiness of the network fabric that associates the examination local area on three mainlands: Asia, North America, and Oceania.
List of the Key Players Profiled in the Report Includes:
BROADCOM
Cypress Semiconductor Corporation
Intel Corporation
Marvell Technology Group Ltd., Inc
Mediatek
Peraso Technologies, Inc
QUALCOMM
Quantenna Communications, Inc
Samsung Electronics Co., Ltd
STMicroelectronics N.V
Texas Instrument
Recent Developments:
In March 2024, Broadcom Inc unveiled the world's inaugural 5nm PCIe Gen 5.0/CXL2.0 and PCIe Gen 6.0/CXL3.1 retimers. These retimers, when paired with Broadcom's PEX series switches, form the first complete PCIe portfolio in the industry. They offer advantages such as extended reach, reduced power consumption, streamlined interoperability, and comprehensive end-to-end management capabilities.
In March 2022, Samsung Electronics Co., Ltd. officially secured agreements with all three major Korean mobile operators to provide its 5G mmWave network solutions, aimed at enhancing connectivity for commuters using the Seoul subway system. This collaboration will focus on introducing upgraded Wi-Fi services on subway trains and platforms through the utilization of Samsung's 5G mmWave solutions, including its Compact Macro, which will serve as Wi-Fi backhaul infrastructure.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
The wi-fi chipset market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:
North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis
What Can be Explored with this Research Report:
Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
Identify growth opportunities.
Porter’s five force analysis.
In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
Historical and forecast size of the market in terms of revenue (USD Million).
Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations
2 Executive Summary
3 Research Methodology
4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges
4.5 Impact of COVID-19 on Wi-Fi Chipset Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Wi-Fi Chipset Market by, Band
6.1 Overview
6.2 Single Band
6.3 Dual Band
6.4 Tri Band
7 Global Wi-Fi Chipset Market by, Multiple-input Multiple-output (MIMO) Configuration