Global Wi-Fi Chipset Market was valued US$ XX Bn in 2019 and is expected to reach US$ 22.76 Bn by 2027, at CAGR of XX% during forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The Wi-Fi technology usages wireless transmitter and chipset to send information to mobile devices for wireless networking. These chipsets access Wi-Fi hotspots to allow the users to access networked services without the requirement of standard cables.
Global Wi-Fi Chipset Market Drivers and Restrains:
The global market for Wi-Fi chipset has witnessed a robust increase in demand as the technology has become one of the most preferred wireless data transfer methods in personal computers and smartphones. The growing consumer base of smartphone users, especially across developing economies such as India and China, has added to the need for Wi-Fi chipsets to provide mobile phones cellular connectivity on the go. This trend is expected to remain one of the major driving forces of the global Wi-Fi chipset market in the next few years.
The existence of cyber and security threats is responsible for restraining Wi-Fi chipset market growth worldwide. In spite of making sustainable progress, the Wi-Fi chipset market suffers from a perpetual threat of data breaches and security risks. The reliability of internet connectivity is less due to innovative hacking systems predominant in the cyber network. In spite of security measures like WPA and WPE, the cases of data leaks and hacking have been prevalent. Wi-Fi connections are an open portal for hackers where access to personal information can cause huge losses.
Manufacturers in the Wi-Fi chipset are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.
Global Wi-Fi Chipset Market Segmentation Analysis:
The smartphone segment is expected to grow at the highest XX% CAGR during the forecast period. With increased advancements and affordable price of smartphones, the market for smart devices is growing globally. Wireless technology in smartphones has taken over the market making it easier for customers to deal with wireless applications. The chipset in smartphones offers connectivity be it 2G/3G or Wi-Fi. The digital market has always expected advancement and thus the market for tablets has been growing ever since it became a replacement for laptops.
Personal computers are equipped with innovative embedded chipsets on the motherboard that can do various tasks depending on their programming. With greater development in the field of computer science lies the promotion of wireless connectivity which was absent in the older versions of PCs. The development of computer technologies has carried a combination of devices, appliances, and gadgets. Access point equipment is one such gadget that acts as a portal for devices to connect to a local area network.
Tri-band segment is expected to witness significant growth during the forecast period. Tri-band Wi-Fi chipset has been presented that integrates multi-gigabit performance. It supports a wide range of applications, from I/O to networking, at the same speeds of wired connectivity, while maintaining an equilibrium between exchange of information and home coverage.
Global Wi-Fi Chipset Market Regional Analysis:
The Asia Pacific is expected to witness the fastest growth during the forecast period. It is because of the extensive presence of major consumer electronics device original equipment manufacturers in this region. The high penetration of Wi-Fi technology in many industries like retail, healthcare, and manufacturing in APAC has contributed to the market dominance of this region. Despite the growth of overall consumer electronics segment in Asia Pacific, the PCs and tablet shipment is expected to witness an insignificant growth in shipment, affected largely by the better performance of phablet and growing affordability of smartphones.
The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global Wi-Fi Chipset market dynamics, structure by identifying and analyzing the market segments and projecting the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence. To understand the market dynamics and by region, the report has covered the PEST analysis by region and key economies across the globe, which are supposed to have an impact on market in forecast period. PORTER’s analysis, and SVOR analysis of the market as well as detailed SWOT analysis of key players has been done to analyze their strategies. The report will to address all questions of shareholders to prioritize the efforts and investment in the near future to the emerging segment in the Global Wi-Fi Chipset market.
Scope of the Global Wi-Fi Chipset Market:
Global Wi-Fi Chipset Market, by Product:
• 802.11ac Wave1
• 802.11ac Wave2
• 802.11n (SB and DB)
Global Wi-Fi Chipset Market, by MIMO Configuration:
Global Wi-Fi Chipset Market, by Band:
• Single Band
• Dual Band
• Tri Band
Global Wi-Fi Chipset Market, by Application:
• Access Point Equipment
• Connected Home Devices
Global Wi-Fi Chipset Market, by Region:
• Asia Pacific
• North America
• Latin America
• Middle East & Africa
Global Wi-Fi Chipset Market, Major Players:
• Qualcomm Technologies, Inc.
• Intel Corporation
• Texas Instruments Inc.
• Stmicroelectronics N.V.
• Mediatek, Inc.
• Samsung Electronics Co., Ltd.
• Marvell Technology Group Ltd
• Cypress Semiconductor Corporation
• Quantenna Communications, Inc.
• Peraso Technologies, Inc.
• Atmel Corporation
• Celeno Communications
• Espressif, Inc.
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