Wi-Fi Chipset Market to Reach US$ 23.6 Billion by 2028, CAGR of 3.3%

IMARC Group's latest research report, titled "Wi-Fi Chipset Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," The global Wi-Fi chipset market size reached US$ 19.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.6 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.

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Wi-Fi Chipset Market Overview:

A WiFi chipset is a type of integrated circuit (IC) that is generally used to provide wireless connectivity to electronic devices. It consists of a set of electronic components, including a radio transceiver, digital signal processing circuits, and an antenna, all of which work together to enable wireless communication over different frequency bands. It is widely used in a wide range of electronic devices, such as smartphones, tablets, laptops, routers, and IoT devices. It provides high-speed data transfer rates and reliable connectivity over short distances. Some of the popular Wifi chipsets available in the market include Qualcomm, Broadcom, and Intel that enable wireless communication and connectivity in modern electronic devices.

Wi-Fi Chipset Market Growth and Demand Analysis:

The global market is primarily driven by the growing popularity of smartphones and tablets among the masses. Along with this, the rising uptake of the Internet of Things (IoT)-enabled devices is providing a boost to the market as Wi-Fi chipsets offer reliable wireless connectivity to operate. Moreover, the growing adoption of smart home technology is driving demand for Wi-Fi chipsets since these devices require Wi-Fi connectivity to function.

Furthermore, the rising investments by private and public agencies to improve the overall telecommunication infrastructure and the emergence of 5G technology are acting as a growth-inducing factor for Wi-Fi chipset market. Other factors, including rapid digitization and urbanization, the increasing spending on smart city development and extensive research and development (R&D) activities, are also positively influencing the demand.

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Key Market Segmentation:

Top Wi-Fi Chipset Companies Worldwide:

• 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

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)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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