WIFI Chipset Market will reach US$ 31.1 billion by 2031, growing at a CAGR of 4.3 percent between 2022 and 2031.
Information is sent to mobile devices using the Wi-Fi technology’s wireless transmitter and chipset for wireless networking. These chipsets connect to Wi-Fi hotspots to let users connect to networked services without using traditional cords. These chips can be found in PCs or workstations in a local area network, routers, laptops, and cellular phones because the cost per unit of a semiconductor is typically inexpensive (LAN). These chipsets are now being used in home appliances including air conditioners, water heaters, washing machines, and televisions because to the expanding applications of the Internet of Things (IoT).
Regional Trend
In 2021, Asia-Pacific would have dominated the global market for Wi-Fi chipsets, accounting for approximately 40% of the volume and value of the market. This is primarily due to the use of Wi-Fi chipsets in finished goods and the large number of companies that manufacture Wi-Fi chipsets in the local market. In addition, the growth is anticipated to be fueled by increased government adoption of public hotspot deployment in developing nations like China and India over the forecast years. As a result, China dominated the Asia Pacific market for Wi-Fi chipsets. By IEEE standards, China is the largest manufacturer of Wi-Fi chipsets in 2020.
However, as the automotive industry expands in these regions, significant growth is anticipated in Europe and North America over the coming years due to rising demand for Wi-Fi chipsets and high-speed internet. In addition, the Wi-Fi chipset market in Europe and North America is being driven by the high consumption of Wi-Fi chipsets by businesses and enterprises, as well as automotive companies, as well as the rising demand for Wi-Fi chipsets among By IEEE standards.
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Competitive Landscape
Key players operating in the WIFI Chipset Market include Qualcomm Technologies, Intel Corporation, Texas Instruments Inc, Stmicroelectronics, Mediatek, Samsung Electronics, Marvell Technology Group Ltd, Cypress Semiconductor Corporation, Quantenna Communications, Peraso Technologies, Atmel Corporation, Celeno Communications, Espressif and Broadcom-Qualcomm and among others.
By MIMO configuration
- SU-MIMO
- MU-MIMO
By Band
- Single & dual band
- Tri band
IEEE standard
- 802.11be (Wi-Fi 7)
- 802.11ax (Wi-Fi 6 and 6E)
- 802.11 ac (Wi-Fi 5)
- 802.11ad
- 802.11b/g/n.
By Vertical
- By IEEE standard Electronics
- Enterprise
- Industrial
- Retail
- BFSI
- Healthcare
- Automotive
- Others (government & public sector)
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