Wi-Fi Chipset Market Demand, Sales Revenue, Business Forecast, Opportunities, Challenges and Impact of COVID

Wi-Fi Chipset Market Market Overview

The Global Wi-Fi Chipset Market is expected to grow at a CAGR of 6.02% and is expected to reach a value of USD 27,183.7 Million during the forecast period. The Wi-Fi Chipset Market was valued at USD 18,153.6 Million during the historic forecast period. A wireless chipset is a hardware component or system-on-chip (SoC) that allows one device to interact with another. Wireless (Wi-Fi) chipsets are used extensively in hardware components such as external wireless local area network (WLAN) cards or WLAN adapters. The Wi-Fi chipset is found in a variety of devices, including cellphones, PCs, and laptops. Single, dual, and tri bands are the most common operational bands for Wi-Fi chipsets. The global Wi-Fi chipset market is being fueled by advancements in computer-aided systems, wearable technology, the Internet of Things (IoT), and automation technologies.

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The expansion of IoT is predicted to drive a large increase in the ownership of connected devices around the world during the forecast period. The massive increase in connected devices will necessitate higher data throughput and capacity, as well as broader coverage, which will likely increase mobile network congestion during the projected period. To address this issue and have a positive impact on the dynamic telecom environment, communication service providers and network operators are projected to implement Wi-Fi hotspot solutions in substantial numbers in the next years.

Market Segmentation

Based on the Type, the global Wi-Fi Chipset Market has been segmented into Mobile Wi-Fi, Industrial Wi-Fi, and Others.

Based on theFabrication Technology, the global Wi-Fi Chipset Market has been segmented into FinFET, Fdsoi Cmos, Silicon on Insulator (SOI), and Sige.

Based on the Die Size, the global Wi-Fi Chipset Market has been segmented into 28nm, 20nm, 14nm, 10nm, and Others.

Based on the Application, the global Wi-Fi Chipset Market has been segmented into smartphones, Tablets, PC, and Others.

Based on the Region, the global Wi-Fi Chipset Market has been segmented into North America, Asia-Pacific, Europe, Middle East & Africa, and South America.

Regional Classification

Because of its existing infrastructure and growing ownership of Wi-Fi-enabled smartphones and tablets, North America is likely to dominate the Wi-Fi chipset market throughout the forecast period. In terms of volume, APAC accounted for the highest portion of the global Wi-Fi chipset market and is predicted to become the largest market for Wi-Fi chipsets by the end of the forecast period, with an estimated 50% share. In China, South Korea, and Japan, there are various consumer electronics device producers. China has the highest share of the Wi-Fi chipset market due to its huge pool of consumer electronics manufacturers and low-cost manufacturing of Wi-Fi chipsets.

Industry News

The major key players in the Wi-Fi Chipset Market are Qualcomm Technologies Inc. (the US), Mediatek Inc. (Taiwan), Intel Corporation (the US), STMicroelectronics NV (Switzerland), Cypress Semiconductor Corporation (the US), Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan), Global Foundries (the US), Broadcom Inc. (the US), Marvell Technology Group Ltd. (Bermuda), On Semiconductor (Quantenna Communications Inc.) (the US), Peraso Technologies, Inc. (Canada), Texas Instruments Inc. (the US), Samsung Electronics Co Ltd. (South Korea) and United Microelectronics Corporation (Taian).

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