Impact Of Connected Devices On The Wireless Communication Chipsets Market: Major Factor in the Transformation of the Wireless Communication Chipsets Market in 2025

How Will the Wireless Communication Chipsets Market Grow, and What Is the Projected Market Size?
In recent times, the market for wireless communication chipsets has exhibited robust growth. Projected to rise from $22.53 billion in 2024 to $24.29 billion in 2025, it anticipates a compound annual growth rate (CAGR) of 7.8%. The historical growth pattern is a result of the mobile phone revolution, the integration of Bluetooth in consumer electronics, the emergence of 3G and 4G networks, increasing demand for GPS-enabled devices, and a surge in internet usage.

The market size of wireless communication chipsets is projected to witness robust growth in the upcoming years, reaching a value of $32.51 billion in 2029 with a CAGR of 7.6%. This surge during the forecast period can be attributed to enhancements in smart home technology, rising demand for low-power wireless solutions, the advent of edge computing, the trend of wearable technology, and the implementation of satellite-based communication systems. Key trends during the forecast period consist of the integration of AI and machine learning, the adoption of Wi-Fi 6 and 6E standards, focus on energy efficiency in chipset design, the amalgamation of various wireless protocols, and the expansion of software-defined radio (SDR).

What Key Elements Are Boosting Growth in the Wireless Communication Chipsets Market?
The wireless communication chipset market is projected to expand due to the increasing count of connected devices. These devices are physical entities equipped with sensors, software, and other types of technology that allow them to communicate with other devices or systems and exchange data over a network. The global rise in connected devices is linked to increasing consumer connectivity demands, the spread of Internet-capable devices, and the expansion of Internet services. Wireless communication chipsets aid in the global augmentation of connected devices by encouraging seamless communication between devices, backing multiple wireless standards, and contributing to the scalability and compatibility of the Internet of Things ecosystem. For example, a report by the Health Sector Cybersecurity Coordination Center (HC3), an American division of the United States Department of Health and Human Services' Cybersecurity Program, indicated that about 7 billion devices were connected via the Internet of Things (IoT) in 2022, predicting a rise of 20 billion more devices by 2025, using this technology. Hence, the growth of the wireless communication chipsets market is propelled by the increasing quantity of connected devices.

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Who Are the Major Industry Players Fueling Wireless Communication Chipsets Market Expansion?
Major companies operating in the wireless communication chipsets market are Samsung Electronics Co. Ltd., Intel Corporation, Qualcomm Technologies Inc., Broadcom Inc., Texas Instruments Inc., MediaTek Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Sony Semiconductor Solutions Group, ON Semiconductor Corporation (Onsemi), Microchip Technology Incorporated, Marvell Technology Group Ltd., Qorvo Inc., Veeco Instruments Inc., Aixtron AG, IQE PLC, Espressif Systems Pte. Ltd., Sequans Communications, Telit Communications PLC, GCT Semiconductor Inc., Filtronic Broadband, XMOS, EnSilica, Peraso Technologies Inc., Blu Wireless Technology Ltd., Pragmatic Semiconductor

Which Key Developments Are Influencing the Wireless Communication Chipsets Market?
Leading corporations in the wireless communication chipsets industry are enhancing their focus on crafting cutting-edge solutions such as Satellite IoT chipsets, in a bid to gain a significant competitive advantage. These specialised semiconductor chips, namely Satellite IoT chipsets, allow IoT devices to communicate with satellite networks. They provide extensive global coverage, operate on low-power, and use bespoke protocols suited for remote and unreachable regions. As an illustration, in June 2023, a tech firm based in the US, Qualcomm Technologies Inc., introduced the Qualcomm 212S Modem in addition to the Qualcomm 9205S Modem. These platforms are equipped to facilitate optimized connectivity over both satellite and cellular networks, remote surveillance, and sophisticated asset-tracking capabilities. These solutions manifest technological progress by incorporating satellite connectivity, guaranteeing reliable and scalable communication. They hold importance as they extend connectivity options, stimulate market expansion, and improve wireless communication chipsets tailored for applications that require satellite connectivity in difficult environments.

How Is the Segmentation of the Wireless Communication Chipsets Market Defined?
The wireless communication chipsets market covered in this report is segmented -

1) By Type: Wi-Fi Wireless Chipsets, Mobile Worldwide Interoperability For Microwave Access (WiMAX) Chipsets, Wireless Video And Display Chipsets, ZigBee Chipsets, Long Term Evolution (LTE) Chipsets
2) By Band: Single And Dual Band, Tri Band
3) By Form Factor: System On Chip (SoC), Integrated Circuit (IC)-Based Products
4) By End Use Application: Consumer Devices, Cameras, Smart Home Devices, Gaming Devices, Augmented Reality (AR) And Virtual Reality (VR) Devices, Mobile Robots, Drones, Networking Devices, Mobile Point Of Sale (mPOS), Other End Use Applications
5) By Vertical: Consumer Electronics, Enterprise, Industrial, Retail, Banking Financial Services And Insurance (BFSI), Healthcare, Automotive, Other Verticals

Subsegments:
1) By Wi-Fi Wireless Chipsets: Single-Band Wi-Fi Chipsets, Dual-Band Wi-Fi Chipsets, Tri-band Wi-Fi Chipsets
2) By Mobile Worldwide Interoperability For Microwave Access (WiMAX) Chipsets: Fixed WiMAX Chipsets, Mobile WiMAX Chipsets
3) By Wireless Video And Display Chipsets: WiDi (Wireless Display) Chipsets, Miracast Chipsets, Other Wireless Video Chipsets
4) By ZigBee Chipsets: ZigBee 2.4 GHz Chipsets, ZigBee Pro Chipsets, ZigBee 900 MHz Chipsets
5) By Long Term Evolution (LTE) Chipsets: LTE-Advanced Chipsets, LTE Chipsets (Standard), 5G (NR) LTE Chipsets

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What Is the Leading Region in the Wireless Communication Chipsets Market?
Asia-Pacific was the largest region in the wireless communication chipsets market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless communication chipsets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Is Covered In The Wireless Communication Chipsets Global Market Report?

- Market Size Analysis: Analyze the Wireless Communication Chipsets Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Wireless Communication Chipsets Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Wireless Communication Chipsets Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Wireless Communication Chipsets Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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