Global Wi-Fi Chipset Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
31 Oct, 2023
The global Wi-Fi chipset market is expected to grow from $20.74 billion in 2022 to $22.12 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global Wi-Fi chipset is expected to reach $27.72 billion in 2027 at a CAGR of 5.8%
Global Wi-Fi Chipset Market Key Driver
The increased adoption of smartphones is predicted to propel the growth of the Wi-Fi chipset market moving forward. A smartphone serves as a portable electronic device that connects to a cellular network. Wi-Fi chipsets integrated into smartphones facilitate wireless connectivity, enabling various functionalities. These chipsets are instrumental in furnishing internet access, expediting data transfer, establishing local area networks, and facilitating data offloading.
Get a sample of the global wi-fi chipset market reportGlobal Wi-Fi Chipset Market Segments
The global wi-fi chipset market is segmented:
1) By Product: Smartphones, Tablet, Personal Communication Services (PCS), Access Points, Other Products
2) By Band: Single-Band, Dual-Band, Tri-Band
3) By MIMO Configuration: SU-MIMO, MU-MIMO
4) By Technology Standard: Wi-Fi-802.11a, Wi-Fi-802.11b, Wi-Fi-802.11g, Wi-Fi-802.11n
5) By Application: Residential, Enterprise, Education, Government And Public Utilities, Other Applications
6) By Geography: The regions covered in the wi-fi chipset market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global wi-fi chipset market.
Major Wi-Fi Chipset Industry Players
Wi-Fi Chipset Market Overview
A Wi-Fi chipset is a set of integrated circuits (chips) specifically designed to handle the wireless communication protocols and functions required for Wi-Fi connectivity. Wi-Fi chipsets are used in hardware components such as external wireless local area network (WLAN) cards or WLAN adapters for transmitting and receiving wireless signals, decoding and encoding data, and implementing the various Wi-Fi standards and features.
Wi-Fi Chipset Global Market Report 2023 provides data on the global wi-fi chipset market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The wi-fi chipset market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.