Impact Of Connected Devices On The Wireless Communication Chipsets Market: A Key Driver Powering Wireless Communication Chipsets Market Growth In 2025

The Wireless Communication Chipsets Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Wireless Communication Chipsets Market Size and Its Estimated Growth Rate?
There has been a significant expansion in the wireless communication chipsets market in the past few years. The market size is projected to increase from $22.53 billion in 2024 to $24.29 billion in 2025, witnessing a compound annual growth rate (CAGR) of 7.8%. The dramatic growth during the historical period can be credited to factors such as the mobile phone revolution, the mainstream use of Bluetooth in consumer products, the advent of 3G and 4G networks, the increasing demand for GPS-enabled devices, as well as the rising internet penetration.

Expectations are high for the wireless communication chipsets market as it is predicted to witness robust growth over the coming years. The market is projected to expand to $32.51 billion by 2029, with a compound annual growth rate (CAGR) of 7.6%. Multiple factors are contributing to this anticipated growth in the forecast period, such as the expansion of smart home technology, increasing demand for low-power wireless solutions, the rising popularity of edge computing, the advent of wearable technology, and the implementation of satellite-based communication systems. Major trends expected to shape the market during the forecast period include the incorporation of AI and machine learning, the adoption of Wi-Fi 6 and 6E standards, the focus on energy efficiency in chip design, the merging of various wireless protocols, and the expansion of software-defined radio (SDR).

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How Are Emerging Segments Shaping the Wireless Communication Chipsets Market Landscape?
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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Which Growth Factors Are Influencing Wireless Communication Chipsets Market Expansion?
The proliferation of connected devices is anticipated to accelerate the expansion of the wireless communication chipset market in the future. Connected devices are essentially physical entities equipped with sensors, software, and other technologies that facilitate data exchange and communication with other devices or systems via a network. The global surge in connected devices is due to the growing consumer need for connectivity, the widespread distribution of Internet-enabled devices, and the growth of Internet infrastructure. Wireless communication chipsets play a crucial role in encouraging the universal spread of connected devices by ensuring smooth and effective communication between devices, accommodating different wireless standards, and aiding in the scalability and interoperability of the Internet of Things ecosystem. For example, a report by the Health Sector Cybersecurity Coordination Center (HC3), a division of the United States Department of Health and Human Services' Cybersecurity Program, revealed in August 2022 that around 7 billion devices were linked via the Internet of Things (IoT) in 2022, and there were predictions that devices utilizing this technology would rise by an additional 20 billion by 2025. Consequently, the escalating number of connected devices is fuelling the growth of the wireless communication chipsets market.

Who Are the Dominant Players Across Different Wireless Communication Chipsets Market Segments?
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

What Are the Latest Developing Trends in the Wireless Communication Chipsets Market?
Top companies in the wireless communication chipsets market are steadily shifting their strategies towards the creation of advanced solutions such as satellite IoT chipsets. Their objective is to gain an edge over their competitors. These specialized semiconductor chips provide IoT devices the capability to communicate with satellite networks. Their benefits include global coverage, energy-efficient operation, and customized protocols for remote and isolated areas. Take for instance, Qualcomm Technologies Inc., a technology firm based in the U.S, launched the Qualcomm 212S Modem and the Qualcomm 9205S Modem in June 2023. The aim of these platforms is to enhance connectivity across satellite and cellular networks, allow remote monitoring, and improve advanced asset-tracking capabilities. The solutions were developed by integrating satellite connectivity to ensure a consistent and expandable communication system. They have made a significant contribution to expanding connectivity options, prompting market growth, and upgrading wireless communication chipsets for applications that need satellite connectivity in challenging environments.

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Which Geographic Regions Are Expected to Dominate the Wireless Communication Chipsets Market in the Coming Years?
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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Wireless Communication Chipsets Market?
2. What is the CAGR expected in the Wireless Communication Chipsets Market?
3. What Are the Key Innovations Transforming the Wireless Communication Chipsets Industry?
4. Which Region Is Leading the Wireless Communication Chipsets Market?

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