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Wi-Fi Chipset Market - Rising Need for Faster Data Transfer

Growing number of public Wi-Fi hotspots, adoption of Internet of Things (IoT), growth of Wi-Fi in enterprise and business, rising need for faster data transfer and significant increase in the internet penetration rate are significant driving factors in the Wi-Fi chipset market during the forecast period. The growth of the Wi-Fi chipset market would also largely depend on the success of new Wi-Fi technologies, including IEEE 802.11ad (WiGig), and 802.11ax standards.

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Wi-Fi Chipset Market - Rising Need for Faster Data Transfer

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  1. MarketsandMarkets Presents Wi-Fi Chipset Market - Rising Need for Faster Data Transfer and Significant Increase in Internet Penetration Rate Wi-Fi Chipset Market with COVID-19 Impact By IEEE Standard (802.11be, 802.11ax, 802.11ac), End-use application (Consumer, Smarthome, AR/VR, Networking Devices), Band, MIMO configuration, Vertical and Geography - Forecast 2026 https://www.marketsandmarkets.com/Market-Reports/wi-fi-chipset-market-42186393.html

  2. The Wi-Fi chipset market was valued at USD 19.7 billion in 2020 and is estimated to reach USD 25.2 billion by 2026; it is anticipated to grow at a CAGR of 4.2% during the forecast period (2021–2026). Growing number of public Wi-Fi hotspots, adoption of Internet of Things (IoT), growth of Wi-Fi in enterprise and business, rising need for faster data transfer and significant increase in the internet penetration rate are significant driving factors in the Wi-Fi chipset market during the forecast period. The growth of the Wi-Fi chipset market would also largely depend on the success of new Wi-Fi technologies, including IEEE 802.11ad (WiGig), and 802.11ax standards. However, several factors, such as the decline in the shipment of tablets and PCs over the last few years and long standardization and certification time, are hindering the growth of the Wi-Fi chipset market. Moreover, increase in coexistence issues with LTE in LTE-U due to the use of 5 GHz band is a major challenge for Wi-Fi chipset manufacturers Browse 147 market data Tables and 62 Figures spread through 235 Pages and in-depth TOC on "Wi-Fi Chipset Market with COVID-19 Impact - Forecast 2026"

  3. MU-MIMO configuration is projected to witness the highest CAGR for the forecast period MU-MIMO are expected to hold a major share during the forecast period. The growing penetration of MU-MIMO Wi-Fi chipsets in enterprise and consumer access point equipment is expected to be the major driver for its growth during the initial years of commercialization. The adoption of these chipsets in smartphones, 4K TVs, and gaming consoles is expected to accelerate the growth of the MU-MIMO Wi-Fi segment during the latter half of the forecast period. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42186393 802.11ax to account for largest share of Wi-Fi chipset market during forecast period  802.11ax is expected to witness rapid growth in the overall Wi-Fi chipset market. This standard is expected to offer the highest spectral efficiency among all other existing IEEE 802.11 standards and is predicted to have a top speed of around 10 Gbps (as tested by Huawei Technologies Co. Ltd (China)). However, to meet the emerging demands for faster speed, a new amendment standard—IEEE 802.11be – Extremely High Throughput (EHT), also known as Wi-Fi 7—is anticipated to be released in March 2021. This new additional 6 GHz band with new features, including speeds up to 320-MHz bandwidth, will help achieve the target of EHT—a maximum throughput of at least 30 Gbps. It will find applications in high-throughput and low-latency services, such as 4K/8K video streaming, AR/VR applications, and online gaming.

  4. APAC is attributed to grow at the highest CAGR in the Wi-Fi chipset market during ther forecast period (2021-2026) APAC accounted for the largest share of  the global Wi-Fi chipset market and is expected to become the largest market for Wi-Fi chipsets by 2026, accounting for an estimated 50% share of the market, in terms of volume There are several consumer electronics product manufacturers operating in China, South Korea, and Japan, such as Samsung Electronics Co. Ltd. (South Korea), Huawei Technologies Co. Ltd. (China), ZTE Corporation (China), and Sony Corporation (Japan). The large pool of consumer electronics manufacturers and low-cost manufacturing of Wi-Fi chipsets in China have led to the largest share of Asia Pacific in the Wi-Fi chipset market. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=42186393 Key Market Players The Wi-Fi chipset market was dominated by Qualcomm Technologies, Inc. (US), Broadcom Inc. (US), MediaTek Inc. (Taiwan), Intel Corporation (US), Texas Instruments Incorporated (US).

  5. Qualcomm Technologies, Inc. (US) Qualcomm Technologies, Inc. (US) is ranked first in the Wi-Fi chipset market, especially after the exit of Broadcom Corporation (US) from the Wi-Fi chipset market in 2020. Qualcomm Technologies, Inc. provides numerous chips, which are manufactured according to the latest IEEE standard. All such chipset products are used by many consumer device manufacturers such as D-Link Corporation (Taiwan), Sony Corporation (Japan), Fujitsu Ltd. (Japan), and Toshiba Corporation (Japan). The company launched various new products. For instance, in January 2020, the company introduced the new QCA6595AU, Automotive Wi-Fi 5, and Bluetooth combination chip in its Wi-Fi product portfolio. This chip is designed to reach 1 Gbps and is complementary to the Qualcomm Automotive Wi-Fi 6 dual-MAC chip, the QCA6696, which can reach nearly 1.8 Gbps of throughput. The company also adopted the acquisition strategy. For instance, in August 2015, the company acquired Ikanos Communications, Inc. (US), a provider of semiconductor and software products for home use. This acquisition would expand the hold of Qualcomm Technologies, Inc. in the carrier Wi-Fi and wired connectivity segment. 

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