Global WI-FI Chipset Market, By Devices (Smartphones, Connected Home Devices, Access Point Equipment, PCs, Tablets and Others), Band (Single Band, Dual Band and Tri Band), Wi-Fi Standard (802.11n, 802.11ac, Wave 2, 802.11ac, Wave 1, 802.11ax, 802.11ad, 802.11ay, 802.11b, 802.11g and Others), MIMO Configuration (MU-MIMO, 4x4 MU-MIMO, 8x8 MU-MIMO, SU-MIMO, 3x3 MU-MIMO, 2x2 MU-MIMO and 1x1 MU-MIMO), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of WI-FI Chipset Market
Growing focus on the technological advancements by the major manufacturers, rising up gradation of existing infrastructure with advanced systems, and increasing need for robust network connectivity and adoption of Wi-Fi solutions by the various end user verticals such as education, healthcare and life sciences, and retail and e- commerce, banking financial services and insurance (BFSI), and IT and telecom are the major factors attributable to the growth of WI-FI chipset market. Data Bridge Market Research analyses that the WI-FI chipset market will exhibit a CAGR of 6.90% for the forecast period of 2021-2028. Therefore, the WI-FI chipset market value would rocket up to USD 24.15 billion by 2028.
From the name itself, it is clear that WI-FI chipset is an integrated circuit of wireless signals that is used to connect all the devices. The WI-FI chipsets access Wi-Fi hotspots that allow the users to access networked services over wireless connection. WI-FI chipsets are generally installed in laptops, routers and cellular phones as they have per-unit cost.
Rising globalization and growth in the number of small scale industries aiming to adopt high speed network connectivity will emerge as the major WI-FI chipset market growth driving factor. Growing penetration of consumer electronic gadgets like smartphones, laptops and others, surging demand for automated industrial services and solutions and rising number of end user industries especially in the developing economies will further aggravate the WI-FI chipset market value. Growing expenditure to undertake research and development proficiencies and rising adoption of internet of things technology will further carve the way for the growth of the WI-FI chipset market.
However, dearth of knowledge and technological expertise will act as a growth restraint for the WI-FI chipset market. Growing cases of data leaks and rising security concerns will further dampen the growth rate of the WI-FI chipset market. Large scale technological limitations in the underdeveloped economies will further challenge the WI-FI chipset market growth rate.
This WI-FI chipset market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on WI-FI chipset market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global WI-FI Chipset Market Scope and Market Size
The WI-FI chipset market is segmented on the basis of device, band, Wi-Fi standard and MIMO configuration. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of device, the WI-FI chipset market is segmented into tablet, connected home devices, smartphones, PCs, access point equipment and others.
- On the basis of band, the WI-FI chipset market is segmented into single band, dual band and tri band.
- On the basis of WI-FI standard, the WI-FI chipset market is segmented into 802.11AY, 802.11AD, 802.11AX, 802.11AC, WAVE 1, 802.11AC, WAVE 2, 802.11B, 802.11G and 802.11N.
- On the basis of MIMO configuration, the WI-FI chipset market is segmented into SU-MIMO, MU-MIMO, 1X1 MU-MIMO, 2X2 MU-MIMO, 3X3 MU-MIMO, 4X4 MU-MIMO, and 8X8 MU-MIMO.
WI-FI Chipset Market Country Level Analysis
The WI-FI chipset market is segmented on the basis of device, band, Wi-Fi standard and MIMO configuration.
The countries covered in the WI-FI chipset market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the WI-FI chipset market and will continue to flourish its trend of dominance during the forecast period. This is because of the increasing expenditure for research and development proficiencies in this region and presence of major players. Asia-Pacific region is projected to undergo substantial during the forecast period owing to the rising adoption of internet of things and connected devices technology and growing number of end user verticals.
The country section of the WI-FI chipset market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and WI-FI Chipset Market Share Analysis
The WI-FI chipset market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to WI-FI chipset market.
The major players covered in the WI-FI chipset market report are Intel Corporation, Broadcom, STMicroelectronics, Texas Instruments Incorporated., Cypress Semiconductor Corporation, Cisco Systems, Inc., Microsoft, Alphabet Inc., Apple Inc., SAP, ABB, Huawei Technologies Co. Ltd, Siemens, Hitachi Vantara Corporation, Qualcomm Technologies Inc., Oracle, Semiconductor Components Industries, LLC, PERASO TECHNOLOGIES INC., MediaTek Inc. and Celeno Communications among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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