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Wi-Fi Chipset Market 2023 - By Size, Share, Industry Growth Analysis Report By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Wi-Fi Chipset Global Market Report 2023 identifies Increased adoption of smartphones as the major driver for the Wi-Fi Chipset market's growth in the forecast period. A smartphone is a portable electronic gadget connecting to a cellular network. Wi-Fi chipsets in smartphones are utilized to enable wireless connectivity and provide various functionalities.
The global Wi-Fi chipset market is expected to grow from $20.74 billion in 2022 to $22.12 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global Wi-Fi chipset is expected to reach $27.72 billion in 2027 at a CAGR of 5.8%.
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Major competitors in the Wi-Fi Chipset market are Dell Technologies Inc., Intel Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Broadcom Inc., Hewlett Packard Enterprise Company.
A key trend in the Wi-Fi Chipset market includes technological advancements. Major companies operating in the Wi-Fi chipset market are developing technical products to sustain their position in the market. For instance, in May 2022, MediaTek Inc., a Taiwan-based semiconductor company, launched two Wi-Fi 7 chipsets called the Filogic 880 and Filogic 380. These innovative chipsets are designed for high-bandwidth applications in the operator, retail, enterprise, and consumer electronics markets. The Filogic 880 is designed for high-bandwidth applications such as home networking, enterprise networks, and retail Wi-Fi. It can support up to 36 Gbps of aggregate throughput, twice as fast as Wi-Fi 6. The Filogic 380 is designed for client devices such as smartphones, laptops, and tablets. It can support up to 9.6 Gbps of aggregate throughput, 2.7 times faster than Wi-Fi 6.
Read More On The Global Wi-Fi Chipset Market Report Here:
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The Wi-Fi Chipset market is segmented -
• By Product: Smartphones, Tablet, Personal Communication Services (PCS), Access Points, Other Products
• By Band: Single-Band, Dual-Band, Tri-Band
• By MIMO Configuration: SU-MIMO, MU-MIMO
• By Technology Standard: Wi-Fi-802.11a, Wi-Fi-802.11b, Wi-Fi-802.11g, Wi-Fi-802.11n
• By Application: Residential, Enterprise, Education, Government And Public Utilities, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wi-Fi Chipset market.
The Business Research Company's "Global Wi-Fi Chipset Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wi-Fi Chipset Market Include:
1. Executive Summary
2. Wi-Fi Chipset Market Characteristics
3. Wi-Fi Chipset Market Trends And Strategies
4. Wi-Fi Chipset Market - Macro Economic Scenario
5. Global Wi-Fi Chipset Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……………………………………….
32. Global Wi-Fi Chipset Market Competitive Benchmarking
33. Global Wi-Fi Chipset Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Wi-Fi Chipset Market
35. Wi-Fi Chipset Market Future Outlook and Potential Analysis
36. Appendix
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