Wifi Chip Sets Market 2021 Emerging Players, Growth Analysis and Precise Outlook – Broadcom, Qualcomm Atheros, MediaTek, Marvell, Intel, Realtek, STMicroelectronics, Texas Instruments

Wifi Chip Sets Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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Wifi Chip Sets Market was valued at USD 18.19 Billion in 2019 and is projected to reach USD 23.15 Billion by 2027, growing at a CAGR of 6.02% from 2020 to 2027.

Markets Segmentation:

Top leading Companies Profiled in Wifi Chip Sets Market Report are Broadcom, Qualcomm Atheros, MediaTek, Marvell, Intel, Realtek, STMicroelectronics, Texas Instruments, Cypress Semiconductor, Microchip

News and Updates

Qualcomm launches new Wi-Fi 6E enabled chips for smartphones and routers- US-based company Qualcomm recently announced its next-generation chips for smartphones and Wi-Fi routers armed with Wi-Fi 6E. The new chipsets will be able to operate on the newly opened 6GHz spectrum. This should offer less network congestion on existing frequencies and be faster and more reliable compared to older connections. Also Read - Xiaomi AX1800 WiFi 6 router launched with a quad-core Qualcomm chip and built-in NPU

Broadcom launches a new bottom up designed chipset – specifically for Wi-Fi 6E- WBA member Broadcom today announced it has created the world’s first mobile Wi-Fi 6E chip set in anticipation of regulators opening 6 GHz unlicensed spectrum for next-gen Wi-Fi capability. As similar announcements are expected from other WBA members, it’s important to understand the massive potential of 6 GHz applications.

Market Overview

The Wi-Fi chipset market outlook appears promising mainly due to the proliferation of smartphones and Wi-Fi networks. Wi-Fi chipset has become the most preferred technology in consumer electronics. Today, every residential and commercial structure has a number of Wi-Fi access points. And most of the consumers have two or more Wi-Fi-enabled devices such as laptops, smartphones, tabs, and smartwatches. With the increasing number of Wi-Fi connections required by every access point, the market is projected to gain substantial traction in the next six years.

The Wi-Fi Chipsets market in the U.S. is estimated at US$5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 3.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Wi-Fi has replaced wired internet connectivity in almost every industry. Customers are mostly driven towards Wireless connectivity due to accessible, easy, and fast services owed to technical advancements. Wi-Fi has become the most preferred technology in consumer electronics. Currently, every residential and commercial building has a number of Wi-Fi access points. Every consumer has two or more Wi-Fi-enabled devices such as a laptop, smartphone, and smartwatch. As a result, the number of Wi-Fi connections that every access point needs to handle is getting higher every year. A number of Wi-Fi connections would require more channels and higher spectral efficiency to connect such a large number of devices with high throughput. This factor is expected to accelerate the demand for 802.11ax, 802.11ay, and 802.11ac Wave 2 Wi-Fi standards over a 60GHz band that supports multi-user multiple inputs multiple outputs (MU-MIMO) and gigabit data transfer rates.

Market Segmented By Types

802.11n

802.11ac

802.11ad

Others

Market Segmented By Applications

Computer (Notebook and Desktop PC)

Smart Home Devices

Mobile Phone

Others

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Wifi Chip Sets Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Wifi Chip Sets market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Wifi Chip Sets market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Wifi Chip Sets

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In conclusion, the Wifi Chip Sets market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Wifi Chip Sets Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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