Wi-Fi Chipset Market Size, Share & Analysis Report, 2021-2027
The global Wi-Fi Chipset market gathered revenue around USD 18.5 billion in 2020 and market is set to grow USD 25.9 billion by the end of 2027 and is estimated to expand at a modest CAGR of 4.5% during the prediction period 2021 to 2027.
A wireless chipset is a set of integrated circuit chips in a computer or Wi-Fi communication system that plays numerous functions required for the computer to communicate over a Wi-Fi network. These chipsets access Wi-Fi networks to allow the users to access networked offerings without the need for standard cables. The Wi-Fi chipset is typically available in 3 operating bands which are single, dual, and tri bands and are utilized in numerous applications including smartphones, personal computers, routers, wearable electronics, and laptops.
Global Wi-Fi Chipset Market Dynamics:
The increasing adoption of Wi-Fi devices in the public and private sector is anticipated to boost the growth of the Wi-Fi chipset market during the forecast period. The development of smart cities projects across the globe and the deployment of free public Wi-Fi services is among the important factors that influence the market growth. For instance, Google Inc. launched its station initiative in India in 2015 to bring fast, free public Wi-Fi to more than 400 of the busiest railway stations in 2020. Moreover, the rise in demand for smart devices such as personal computers, smartphones, and tablets and wearable technology are some other factors proliferating the Wi-Fi chipset market growth during the forecast period. For instance, according to the GSMA report published in 2021, it is estimated around 6Bn smartphone connections across the globe. However, the fall in the shipments of PCs and tablets is one of the major restraining factors that limit the growth of the market due to the improved performance of phablets and decline in the price of smartphones. The low manufacturing cost of smartphones in China has played an important role in the increased sales of smartphones. The cost-conscious consumers in developing economies choose phablets over costly tablets. Moreover, the replacement cycle of tablets and PCs is higher compared to smartphones. Thus, decline in the growth of PC & tablets market and act as a major restraining factor that hampers the growth of the Wi-Fi chipset market.
The report also provides an in-depth analysis of Wi-Fi chipset market dynamics such as drivers, restraints, opportunities, and challenges:
Drivers
Restraints
Opportunities
Challenges
Report Coverage
| Report Scope | Details |
| Market Size | USD 25.9 billion by 2027 |
| Growth Rate | CAGR of 4.5% From 2021 to 2027 |
| Base Year | 2020 |
| Forecast Period | 2021 to 2027 |
| Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
| Segments Covered | MIMO Configuration, Band, Standard, Application, Industry Vertical, Region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Companies Mentioned |
Broadcom, Qualcomm Technologies, Inc., Intel Corporation, MediaTek Inc., Hewlett Packard Enterprise Development LP, Texas Instruments Incorporated, NXP Semiconductors, STMicroelectronics,Skyworks Solutions, Inc., Semiconductor Components Industries, LLC, Dell Inc., Cisco Systems Inc., CommScope Holding Co., Cypress Semiconductor Corporation, Extreme Networks. |
Based on the band, the dual band segment of Wi-Fi chipset market is expected to grow at the highest CAGR during the forecast period owing to the ability to provide faster transmission speed, high flexibility, and more stability by avoiding interferences
Based on the band, the Wi-Fi chipset industry has been segmented into a single band, dual band, and tri band. The dual band segment is expected to grow at the highest CAGR during the forecast period owing to the ability to provide faster transmission speed, high flexibility, and more stability by avoiding interferences. Moreover, the growing application of dual band Wi-Fi networks in the residential sector due to its offering of both 2.4GHz and 5GHz operational frequencies simultaneously enables a faster and stable wireless connection of electronic devices. However, this is considerably expected to boost the growth of the segment over the forecast period.
Based on the standard, the 802.11ax (Wi-Fi 6 and 6E) segment is expected to dominate the Wi-Fi chipset market during the forecast period due to its property to offer high data transfer speed
Based on the standard, the Wi-Fi chipset industry is segmented into 802.11be (Wi-Fi 7), 802.11ax (Wi-Fi 6 and 6E), 802.11ac (Wi-Fi 5), 802.11ad, and 802.11b/g/n. The 802.11ax (Wi-Fi 6 and 6E) segment of the Wi-Fi chipset market is expected to dominate the market during the forecast period due to the ability to offer a high data transfer speed of up to 9.6 Gbps of Wi-Fi 6 across multiple channels and handling of large amounts of network traffic more efficiently. Moreover, standard IEEE 802.11ax (Wi-Fi 6 and 6E) Wi-Fi Chipset offers faster game downloads, excellent upload speeds for streaming gameplay, and are more reliable media multitasking.
Based on region, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period
The Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to the increasing disposable income and emergence of connected infrastructure. Moreover, the increasing demand of smartphones and tablets in the countries like India and China is one of the prominent factors that influence the growth of the market. For instance, according to secondary sources, the increasing rate of smartphones in India reached 54% and was estimated to reach 96% in 2040, more than doubled from FY 16. Furthermore, the availability of public Wi-Fi hotspot connectivity in these countries is also fuelling the demand for the Wi-Fi chipset market during the forecast period.
Some of the prominent players in the Wi-Fi Chipset Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2027 and covers subsequent region in its scope:
By MIMO Configuration
By Band
By Standard
By Application
By Industry Vertical
COVID-19 Impact on the Wi-Fi Chipset Market Analysis:
The COVID-19 pandemic impacted various industries such as manufacturing, retail, and others owing to the strict lockdown imposed by the government to curb the spread of the virus. The supply chain of products and services was disrupted owing to the production halt from the different industries. Similarly, the Wi-Fi chipset market was significantly impacted by the COVID-19 pandemic due to lockdown by which manufacturing facilities and international borders have been shut down temporarily. Thus, it had declined the Wi-Fi chipset production and supply in the global market. Therefore, it has hampered the market growth for a shorter time. However, as the COVID-19 cases decline, federal governments relaxed the lockdown norms. Therefore, in Q3 of 2020, production facilities were resumed with a decreased workforce to reduce the spread of the virus. Moreover, the outbreak has compelled organizations to offer their employees work from home facilities. Besides, universities and schools endorsed an e-learning environment. Therefore, it is anticipated to elevate the growth of the Wi-Fi chipset market in the approaching years.
*Note: A detailed analysis is specific to the Wi-Fi chipset market will be provided in the report
The report also provides an in-depth analysis of key trends in the Wi-Fi chipset market:
The report also provides an in-depth analysis of recent news developments and investments:
Key Points Covered in Wi-Fi Chipset Market Study:
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers