Wi-Fi Chipset Market Insights, Current And Future Market Trends & Forecast Till 2027

 

GMI Research expects the market to expand at a substantial rate during the forecast period. This is mainly due to the increasing penetration of IoT devices and automation technologies and rapid developments in computer-aided systems.

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Top Manufacturers in the Wi-Fi Chipset Market:

·        Qualcomm Technologies, Inc.

·        MediaTek Inc.

·        Intel Corporation

·        Texas Instruments Incorporated

·        STMicroelectronics N.V.

·        Cypress Semiconductor Corporation

·        Marvell Technology Group Ltd.

·        Samsung Electronics Co., Ltd.

·        ON Semiconductor Corp.

·        Peraso Technologies, Inc.

Wi-Fi Chipset Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The increasing penetration of IoT devices and automation technologies, growing developments in computer-aided systems are the major factors surging the growth of the global Wi-Fi Chipset market share in terms of revenue. Moreover, the strong demand for smart devices, including smartphones, personal computers, tablets, and wearable technology, will further fuel market growth. Furthermore, the improved productivity of industries connected over IoT and Wi-Fi networks and continuously increasing IT industry due to network security, centralized management, network agility, decreased latency, and high-speed wireless connectivity are enhancing the demand for Wi-Fi Chipset. Wi-Fi chipsets are incorporated into instrument clusters, speakers, and automotive lighting. According to the WiFi-Chipset market research, the rising use of wireless sensors and Electronic Control Units (ECUs) in automotive vehicles, the growing demand for virtual reality, and WiGig in multimedia streaming, followed by the launch of connected autonomous vehicles and self-driving cars over a wireless network, will bring various new growth opportunities for the market.

On the other hand, the factors hindering the growth of the Wi-Fi chipset market include high manufacturing costs due to the complex fitted systems and the growing cases of hacking and data leaks. Additionally, India, China, South Korea, and Taiwan are the leading economies with chip manufacturing facilities, and the interruption in the supply chain of raw materials and components due to the emergence of the COVID-19 pandemic is further hampering the growth of the Wi-Fi chipset market.

Wi-Fi Chipset Market Segmentation:

Segmentation by Standard:

·        IEEE 802.11ay

·        IEEE 802.11ad

·        IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E)

·        IEEE 802.11ac

·        IEEE 802.11n (SB and DB)

·        IEEE 802.11b/G

Segmentation by Band:

·        Single band

·        Dual band

·        Tri band

Segmentation by MIMO Configuration:

·        SU-MIMO

·        MU-MIMO

o   1×1 MU-MIMO

o   2×2 MU-MIMO

o   3×3 MU-MIMO

o   4×4 MU-MIMO

o   8×8 MU-MIMO

Segmentation by Application:

·        Smartphone

·        Tablet

·        Desktop PC

·        Laptop

·        Connected home devices

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

 

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a leading market research company that offers market research reports for every industry. Our research teams have seasoned analysts and researchers and are always looking for industry-leading research techniques to create all-encompassing research reports. GMI Research's extensive global network allows it to collect relevant information about the industry on a regional as well as country-level basis. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of sectors. We provide step-by-step assistance to our clients through strategic and consulting services to reach a managerial and actionable decision. Our market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, major factors impacting the market growth, and various market insights to aid companies to make strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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