Wi-Fi Chipset
The Wi-Fi Chipset Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Wi-Fi Chipset Market Size Expected to Be by 2034?
The dimensions of the Wi-Fi chipset market have remarkably enlarged in the past years. The market forecast predicts an increase from $23.02 billion in 2024 to $24.23 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%. The significant growth witnessed during the historical period is largely due to the surge in the number of wireless devices, progress in technology standards, emergence of wireless networking, smart home, and the expansion of IoT.
The market for Wi-Fi chipsets is projected to experience robust growth in the years ahead, reaching a value of $31.95 billion in 2029, marking a CAGR of 7.2%. This predicted growth through the forecast period could be driven by the acceptance of wi-fi 6 and wi-fi 6e, 5g integration and its coexistence, IoT and industry 4.0 proliferation, the rise of remote work and online education, the development of intelligent cities, and the utilization of public Wi-Fi. Noteworthy trends throughout this projected period involve 5G offloading and integration, enhanced beamforming and MIMO, the development of the wi-fi 7 standard, the optimization of networks via AI, and a heightened emphasis on security.
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What Are the Emerging Segments Within the Wi-Fi Chipset Market?
The Wi-Fi chipset market covered in this report 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
Subsegments:
1) By Smartphones: Android Smartphones, IOS Smartphones
2) By Tablets: Android Tablets, IOS Tablets, Windows Tablets
3) By Personal Communication Services (PCS): Wearable Devices, Smartwatches, Fitness Trackers
4) By Access Points: Indoor Access Points, Outdoor Access Points
5) By Other Products: Smart Home Devices, IoT Devices, Laptops And Notebooks
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What Long-Term Drivers Are Shaping Wi-Fi Chipset Market Trends?
The proliferation of smartphones is anticipated to drive the Wi-Fi chipset market’s expansion in the future. Smartphones are handheld electronic devices that connect to a cellular network. Wi-Fi chipsets are used in these smartphones to facilitate wireless connections and various features. Internet connectivity, speedy data transmission, local network connections, and data offloading are all made possible by integrating Wi-Fi chipsets into smartphones. For instance, data from Uswitch Limited, a financial regulatory organization based in the UK, indicated that as of February 2023, there were 71.8 million smartphone users, marking a growth of 3.8% (or approximately 2.6 million) compared to 2021. Moreover, by 2025, it is projected that the UK’s population will be 68.3 million, with 95% (or close to 65 million people) possessing smartphones. Consequently, the surge in smartphone usage is fueling the development of the Wi-Fi chipset market.
Who Are the Top Competitors in Key Wi-Fi Chipset Market Segments?
Major companies operating in the Wi-Fi chipset market include Dell Technologies Inc., Intel Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Broadcom Inc., Hewlett Packard Enterprise Company, Texas Instruments Incorporated, MediaTek Inc., ASUS, STMicroelectronics NV, Infineon Technologies AG, NXP Semiconductors NV, CommScope Holding Co., On Semiconductor Co Inc., Microchip Technology Inc., Skyworks Solutions Inc., Realtek Semiconductor Corp., Quectel Wireless Solutions Co. Ltd., Extreme Networks Inc., Netgear Inc., Fibocom Wireless Inc., D-Link Systems Inc., Espressif Systems, Montage Technology Co. Ltd., Kxcomtech, Celeno Communications Ltd.
What Wi-Fi Chipset Market Trends Are Gaining Traction Across Different Segments?
The current trend in the Wi-Fi chipset markets is the progression of technology in chipsets. To maintain a competitive edge, prominent firms in the Wi-Fi chipset market are innovating and improving their products. One such company, MediaTek Inc., a semiconductor firm based in Taiwan, introduced two new Wi-Fi 7 chipsets, Filogic 880 and Filogic 380, in May 2022. These chipsets, tailored for high-bandwidth applications in various sectors such as operator, retail, enterprise, and consumer electronics, bring innovation into the market. The Filogic 880, intended for high-bandwidth applications like home networking, enterprise networks, and retail Wi-Fi, offers up to 36 Gbps of aggregate throughput, making it twice faster than its Wi-Fi 6 counterpart. On the other hand, Filogic 380, crafted for client-sided devices like smartphones, laptops, and tablets, provides an aggregate throughput of up to 9.6 Gbps, which is 2.7 times faster than Wi-Fi 6. It also comes integrated with a 6nm process technology and includes support for key Wi-Fi 7 features like 4096-QAM, 320 MHz, MRU, and MLO. The Filogic 880 offers up to 36 Gbps of aggregate throughput and provides users with higher speeds, improved performance, and more stable connections.
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Which Regions Are Becoming Hubs for Wi-Fi Chipset Market Innovation?
North America was the largest region in the Wi-Fi chipset market in 2024. Asia-Pacific is expected to be the fastest-growing region in the Wi-Fi chipset market report during the forecast period. The regions covered in the Wi-Fi chipset market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Wi-Fi Chipset Market?
2. What is the CAGR expected in the Wi-Fi Chipset Market?
3. What Are the Key Innovations Transforming the Wi-Fi Chipset Industry?
4. Which Region Is Leading the Wi-Fi Chipset Market?
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