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Wi-Fi Chipset Market share 2019 - Industry Growth Analysis to 2026

On the regional front, Europe is anticipated to offer lucrative growth opportunities to the Wi-Fi chipset market on account of the expanding semiconductor industry. Numerous nations in the region are taking proactive steps to accelerate regional semiconductor industries. Citing an instance to highlight the same, in December 2018, the EU (European Union) announced a joint project with France, the UK, and Germany to conduct research and development initiatives in the field of microelectronics and semiconductor.<br><br>Request for customization of this research report @ https://www.gminsights.com/roc/4849

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Wi-Fi Chipset Market share 2019 - Industry Growth Analysis to 2026

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  1. Wi-Fi Chipset Market is Projected to Reach $20bn by 2026

  2. Key Insights from Wi-Fi Chipset Market: • The Wi-Fi chipset market is expected to garner significant revenues from the smartphone application segment over the forecast period. The smartphone segment has undergone a major revolution in terms of performance, portability, and connectivity with the increasing deployment of 5G technology. • According to the GSM association, the total IoT connection in 2019 were 12 billion, which is projected to increase up to 24.6 billion connections by 2025. The growing number of IoT connection across various industries is expected to increase the adoption of Wi-Fi chipset. • Supportive investments by various governments to promote the adoption of enterprise wireless network and Wi-Fi technology will add new growth opportunities.

  3. Continued… • North America Wi-Fi chipset market accounted for 20% revenue share in 2019 and is anticipated to register growth of above 4% from 2020 to 2026 driven by rising penetration of smart home connected devices in the region. • Companies are extensively focusing on integrating technologically advanced Wi-Fi chipset into their upcoming laptop devices to gain a competitive advantage in the market. • The laptop application held over 20% of the Wi-Fi chipset market share in 2019 and is projected to attain 3% CAGR during 2020 to 2026on account of the rising trend of Bring Your Own device (BYOD) among the enterprise sector.

  4. Latest Research Report On Wi-Fi Chipset Market @ https://www.gminsights.com/industry-analysis/wi-fi-chipset-market Request for a sample of this research report @ https://www.gminsights.com/pressrelease/wi-fi-chipset-market

  5. Regional Insights in Wi-Fi Chipset Market: • Increasing public wi-fi hotspots in developing nations • Rising trend towards smart home devices • Technological development for Wi-Fi 6 and Wi-Fi 5 • Rising initiatives towards 5G technology in developing nations • Growing demand for wi-fi in business and enterprises • Emphasis towards connected vehicle technology

  6. Major Companies in Wi-Fi Chipset Market: • Broadcom • MORSE MICRO • Renesas Electronics Corporation • Samsung Electronics Co. • Texas Instruments Incorporated • STMicroelectronics N.V.

  7. Industry Coverage

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