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Global WIFI Chipsets Market insight January 4, 2022 Comments

The WIFI Chipsets is forecast to crazy increase over the next four years. According to the World Knowledge Information (WKI) “Global WIFI Chipsets Market insight 2021, Forecast to 2026”. With the popularity of IoT devices, the WIFI Chipsets is developing at an incredible speed. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 7.1% base on WKI regression analysis model.
Analysts’ Viewpoint
With the supportive investment of governments of various countries and the continuous development of industries such as 5G, artificial intelligence, and the Internet of Things, the adoption of Wi-Fi chipsets will become more widespread. said Jimmy Joy, Senior analyst, Consumer Goods Market Research Center in WKI. “A Wi-Fi chipset offers high-speed wireless connectivity, network security, and reduced latency, which will increase its integration into IoT devices across various industries.”
Market insight:
The increasing popularity of enterprise wireless network technology in government agencies and IT departments, so how to enhance network security and reduce latency, and increase the productivity of the IoT industry is a question. A Wi-Fi chipset offers high-speed wireless connectivity, network security, and reduced latency, which will increase its integration into IoT devices across various industries. Enhanced productivity of industries connected over IoT and Wi-Fi networks will further drive the market demand. With the COVID-19 pandemic, more and more people choose to work at home, and people gather together to find that the home network is slow, and they have to buy a new type of router, which also promotes the market demand for wifi chipsets to a certain extent. The IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E) segment in the Wi-Fi chipset market is poised to witness 20% growth rate till 2026owing to technological advancements in the Wi-Fi 6 and Wi-Fi 6E chipsets over IEEE 802.11ax standard. This standard allows chipset manufacturers to allow data transfer speed of up to 9.6 Gbps over the 160 MHz channel.
Competition Landscape:
January 1, 2020, Broadcom launches world’s first Wi-Fi 6E (6 GHz) chips. Broadcom today became the first vendor to announce availability of 6 GHz Wi-Fi chips. Broadcom’s new Wi-Fi 6E chipset family is intended for enterprise APs and residential gateways, the company says. Broadcom has thus far dominated the Wi-Fi 6 market in particular on the smartphone side, supplying Wi-Fi 6 chipsets to market leaders Samsung and Apple. The company says 125 million Wi-Fi 6 smartphones have been shipped – and they should know, because by far most if not all of those have included Broadcom chips. Key players operating in the global Wi-Fi 6 technology market include Broadcom, Intel, Qualcomm Atheros, Qualcomm Atheros, Marvell, Texas Instruments, Quantenna Communications, Cypress .
Segmentation of Wi-Fi chipset Market:
According to the type, the market for WIFI Chipsets is divided into IEEE 802.11ay, IEEE 802.11ad, IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E), IEEE 802.11ac, IEEE 802.11n (SB and DB) and other types. Among the IEEE standards segment, the IEEE 802.11ac led the market in 2020. However, IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E) is expected to have an important share in the market.The growing number of public Wi-Fi hotspots, growth in connected devices ownership, rising demand for WiGig technology, and growth of Wi-Fi technology in enterprise and business are the major drivers for the market segment . ore number of Wi-Fi connections would require more channels and higher spectral efficiency to connect such large number of devices with high throughput. These factors will prompt users to turn their attention to the IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E) type chipsets.
Wi-Fi chipset Market: Regional Analysis
Asia Pacific (APAC) held the largest share of the Wi-Fi chipset market in 2019 owing to the extensive presence of major consumer electronics device orginal equipment manufacturers (OEMs) in this region. Moreover, the high penetration of Wi-Fi technology in various industries such as healthcare, retail, and manufacturing in APAC has contributed to the market dominance of this region. The North America market is expected to grow with the highest CAGR, and is expected to grow the fastest at a compound annual growth rate of 8.6%. Due to the rising penetration of smart home connected devices and favorable government initiatives supporting the adoption of low-cost and high-speed internet connectivity across the region are likely to boost the acceptance of Wi-Fi chips.
Cagr: 7.1%
Largest share area:North America
Largest share country:New York