Growing Demand for WIGIG in Wireless Technology and Heavy Utilization of Wi-Fi Across Public and Private Sector are the Factors that are Expected to Drive Global Wi-Fi Chipset Market in the forecast period of 2019 to 2026

Global Wi-Fi Chipset Market is projected to register a substantial CAGR of 5.2% in the forecast period 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Wi-Fi Chipset Market

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DRIVERS:

  • Growing demand for WIGIG in wireless technology
  • Heavy utilization of Wi-Fi across public and private sector

RESTRAINT:

  • Declining shipment of devices such as tablets and PCs

OPPORTUNITIES:

  • Advent of Wi-Fi technology in virtual reality and augmented reality
  • Increased usage of Wi-Fi technology across indoor and outdoor application

CHALLENGE:

  • Cyber and security threats

Market Trends

Global Wi-Fi chipset market is segmented into four notable segments that are device, band, Wi-Fi standard, MIMO configuration.

  • On the basis of device, the market is segmented into tablet, connected home devices, smartphones, PCs, access point equipment and others. Smartphones segment is dominating the global Wi-Fi chipset market in 2019 as the sales for smartphones is increasing as compared to other devices such as PCs, tablets which is ultimately increasing the demand for Wi-Fi chipset whereas connected home devices is expected to grow with the highest CAGR due to various factors such as advent of smart homes. These connected devices demand wireless connectivity and hence, increasing the usage of wi-fi chipset.
  • On the basis of band, the market is segmented into single band, dual band and tri band. Single band segment is expected to dominate the market in 2019 as it provides higher level of integration. Moreover, it is more focused towards proper connectivity so as to generate maximum performance. It also provides highest level of integration for a mobile or handheld wireless system.
  • On the basis of WI-FI Standard, the market is segmented into 802.11AY, 802.11AD, 802.11AX, 802.11AC, WAVE 1, 802.11AC, WAVE 2, 802.11B, 802.11G, 802.11N.
  • On the basis of MIMO Configuration, the market is segmented into SU-MIMO, MU-MIMO, 1X1 MU-MIMO, 2X2 MU-MIMO, 3X3 MU-MIMO, 4X4 MU-MIMO, and 8X8 MU-MIMO.

Major Players: Global Wi-Fi Chipset Market

Some of the major companies manufacturing in global Wi-Fi chipset market are Intel Corporation, QUALCOMM TECHNOLOGIES, INC., Altair Semiconductor, Broadcom, Celeno Communications, STMicroelectronics, MediaTek Inc., Cypress Semiconductor Corporation, PERASO TECHNOLOGIES INC., Semiconductor Components Industries, LLC and Texas Instruments Incorporated.