IMARC Group’s latest research report, titled “Wi-Fi Chipset Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” offers a comprehensive analysis of the Wi-Fi chipset market analysis. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global Wi-Fi chipset market size reached US$ 19.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.9 Billion by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2024-2032.
Wi-Fi Chipset Market Trends:
The global market is majorly driven by the increasing demand for high-speed internet connectivity, which necessitates the adoption of advanced Wi-Fi technologies. The proliferation of smart devices, such as smartphones, tablets, and IoT devices, requires robust and efficient Wi-Fi connectivity, further propelling the market. Moreover, the rising trend of remote working and online education has intensified the need for reliable wireless networks. Technological advancements in Wi-Fi standards, such as Wi-Fi 6 and Wi-Fi 6E, enhance network performance and capacity, contributing to market growth. Additionally, the expansion of smart home applications, including home automation and security systems, demands efficient Wi-Fi solutions. Furthermore, the increasing adoption of Wi-Fi in automotive applications for infotainment and telematics systems is supporting market expansion. Besides, government initiatives and investments in smart city projects worldwide are promoting the deployment of Wi-Fi infrastructure.
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Global Wi-Fi Chipset Market Scope & Growth Analysis:
The global market scope is expanding due to the increasing integration of Wi-Fi in emerging technologies, such as augmented reality (AR) and virtual reality (VR), which require seamless and high-speed wireless connectivity. The healthcare sector is also broadening the use of Wi-Fi-enabled devices for remote patient monitoring and telemedicine, contributing to market growth. In the retail industry, the deployment of Wi-Fi for enhancing customer experience through personalized services and in-store navigation is creating new opportunities. Moreover, the rising adoption of Wi-Fi in industrial automation for monitoring and controlling manufacturing processes is propelling market expansion. Additionally, advancements in Wi-Fi technology to support higher data rates and lower latency are attracting a wider range of applications, from enterprise networking to public Wi-Fi hotspots. The educational sector is increasingly incorporating Wi-Fi for digital learning environments, broadening the market scope further. Furthermore, the trend toward smart transportation systems, including connected vehicles and intelligent traffic management, relies heavily on efficient Wi-Fi connectivity.
Competitive Landscape with Key Players:
- 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
- Broadcom-Qualcomm
Key Market Segmentation:
Breakup by Product:
- Smartphones
- Tablets
- PCs
- Access Point Equipment
- Connected Home Devices
- Others
Breakup by Band:
- Single Band
- Dual Band
- Tri Band
Breakup by MIMO Configuration:
- SU-MIMO
- MU-MIMO
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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