Wi-Fi Chipset Market

Introduction of the Global Wi-Fi Chipset Market Report

A wireless chipset is a set of integrated circuit chips in a computer or wireless communication systems that performs various functions required for the computer to communicate over a wireless network. These chipsets access Wi-Fi networks to enable the users to access networked services without the need of standard cables. The Wi-Fi chipset is generally available in three operating bands namely, single, dual, and tri bands and are used in several applications such as smartphones, personal computers, routers, wearable electronics, and laptops.

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Market Dynamic

Key Drivers and Emerging Trends

The global Wi-Fi Chipset Market is expected to grow at a prominent rate during the forecast period owing to the continuous developments in computer-aided systems, rising penetration of IoT devices, and automation technologies. In addition, surge in demand for smart devices such as personal computers, smart phones, and tablets and wearable technology are some other factors that are further fuelling the growth of the global Wi-Fi chipset market. Moreover, rapidly growing IT industry and the enhanced productivity of industries connected over IoT and Wi-Fi networks owing to high-speed wireless connectivity, network security, reduced latency, centralized management, and network agility will drive the demand for Wi-Fi Chipset. Wi-Fi chipsets are integrated into speakers, instrument clusters, and automotive lighting, among other modules. Furthermore, the rising demand for virtual reality, WiGig in multimedia streaming, and the increasing use of wireless sensors and Electronic Control Units (ECUs) in automotive vehicles, coupled with the development of connected autonomous vehicles and self-driving cars over a wireless network are anticipated to provide huge opportunities for the growth of the Wi-Fi Chipset market share in terms of revenue.

Restraints in the Global Wi-Fi Chipset Market

As per the WiFi-Chipset market research, increased manufacturing costs due to the complex embedded systems and the rising incidences of data leaks and hacking are some of the major factors that are likely to hamper the growth of the market. Moreover, China, Taiwan, India, and South Korea are some of the major countries that have chip manufacturing facilities and the disruption in the supply chain of raw materials and components owing to the recent outbreak of COVID-19 pandemic is further expected to restraint the growth of the Wi-Fi chipset market.

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Standard – Segment Analysis

Based on standard, the IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E) segment is expected to dominate the Wi-Fi Chipset market. This is primarily due to ability to provide high data transfer speed of up to 9.6 Gbps of Wi-Fi 6 across multiple channels and handling of large amounts of network traffic more efficiently. Additionally, IEEE 802.11ax standard of Wi-Fi Chipset offers faster game downloads, better upload speeds for streaming gameplay, and are more reliable media multitasking, which is further expected to boost the market growth.

Band – Segment Analysis

On the basis of the band, the dual band segment is projected to grow at a higher CAGR during the forecast period owing to the ability of dual band to offer faster transmission speed, high flexibility, and more stability by avoiding interferences. Moreover, the increasing application of dual band Wi-Fi network in residential sector due to its offering of both 2.4GHz and 5GHz operational frequencies simultaneously that allows a faster and more stable wireless connection of electronic devices is expected to drive the growth of the segment market.

MIMO Configuration – Segment Analysis

On the basis of MIMO configuration, the MU-MIMO configuration is anticipated to witness higher CAGR during the forecast period. This is primarily due to its high bandwidth and low latency while connecting multiple devices over the Wi-Fi network.

Application – Segment Analysis

On the basis of application, the laptop application is anticipated to lead the Wi-Fi chipset market during the forecast period. This is mainly due to the increasing sales of laptops owing to its convenience of assembly, light weight, portability, easy internet access, and battery backup. Moreover, the rising trend of Bring Your Own device (BYOD) and enterprise mobility among IT companies and growing trend of work from home is further surging the adoption Wi-Fi chipset-based laptop devices over the forecast period.

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Regional – Segment Analysis:

Based on the Region, Asia-Pacific is anticipated to dominate the Wi-Fi Chipset market during the forecast period. This is primarily due to the growing disposable income of people, rising demand for high performance laptops, and the increasing usage of Wi-Fi in homes and offices in the region. In addition, developing countries including China, Japan, India, and South Korea are expected to provide lucrative growth opportunities to the market during the forecast period owing to the rising number of IT companies in the region. On the other hand, North America is projected to grow at a higher CAGR owing to the rapid adoption of smart home technology in the region. Moreover, rapid economic development, growing internet penetration, and the increasing usage of Wi-Fi technology at public places are further supporting the market growth in the region 

Top Market Players

Various notable players operating in the market include Qualcomm Technologies, Inc., MediaTek Inc., Intel Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., Cypress Semiconductor Corporation, Marvell Technology Group Ltd., Samsung Electronics Co., Ltd., ON Semiconductor Corp., and Peraso Technologies, Inc., among others.

Key Developments:

• • In 2020, Intel Corporation acquired Rivet Networks, one of the prominent developer of software and cloud-based technologies for networking connectivity. With this acquisition, Intel Corporation is expected to enhance its Wi-Fi products portfolio.
  • In 2019, ON Semiconductor Corporation acquired Acquire Quantenna Communications, a provider of high performance Wi-Fi solutions. Through this acquisition, the company aimed to strengthen the product portfolio of the company in Wi-Fi technologies and software in the industrial and automotive markets.

Segments covered in the Report:

The global Wi-Fi Chipset Market has been segmented on the basis of standard, band, MIMO configuration Application, and regions. Based on standard, the market is segmented into IEEE 802.11ay, IEEE 802.11ad, IEEE 802.11ax, IEEE 802.11ac, IEEE 802.11n, and IEEE 802.11b/G. Based on band, the market is segmented into Single Band, Dual Band, and Tri Band. Based on MIMO configuration, the market is segmented into SU-MIMO and MU-MIMO. Based on application, the market is segmented into smartphone, tablet, desktop PC, laptop, connected home devices, and others 

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Key questions answered in this research report:

• • At what pace is global Wi-Fi Chipset Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Wi-Fi Chipset Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Wi-Fi Chipset Market?
  • Which application generated maximum revenues in 2019 and identify the most promising application during the forecast period?
  • What are the various standard areas of global Wi-Fi Chipset Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Standard, By Band, By MIMO Configuration, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Qualcomm Technologies, Inc., MediaTek Inc., Intel Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., Cypress Semiconductor Corporation, Marvell Technology Group Ltd., Samsung Electronics Co., Ltd., ON Semiconductor Corp., and Peraso Technologies, Inc., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Wi-Fi Chipset Market by Standard

• • IEEE 802.11ay
  • IEEE 802.11ad
  • IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E)
  • IEEE 802.11ac
  • IEEE 802.11n (SB and DB)
  • IEEE 802.11b/G

Global Wi-Fi Chipset Market by Band

• • Single band
  • Dual band
  • Tri band

Global Wi-Fi Chipset Market by MIMO Configuration

• • SU-MIMO
  • MU-MIMO
    • 1×1 MU-MIMO
    • 2×2 MU-MIMO
    • 3×3 MU-MIMO
    • 4×4 MU-MIMO
    • 8×8 MU-MIMO

Global Wi-Fi Chipset Market by Application

• • Smartphone
  • Tablet
  • Desktop PC
  • Laptop
  • Connected home devices
  • Others

Global Wi-Fi Chipset Market by Region

• • North America Wi-Fi Chipset Market (Option 1: As a part of the free 25% customization)
    • North America Wi-Fi Chipset Market by Standard
    • North America Wi-Fi Chipset Market by Band
    • North America Wi-Fi Chipset Market by Configuration
    • North America Wi-Fi Chipset Market by Application
    • US Wi-Fi Chipset Market All-Up
    • Canada Wi-Fi Chipset Market All-Up
  • Europe Wi-Fi Chipset Market (Option 2: As a part of the free 25% customization)
    • Europe Wi-Fi Chipset Market by Standard
    • Europe Wi-Fi Chipset Market by Band
    • Europe Wi-Fi Chipset Market by Configuration
    • Europe 0Wi-Fi Chipset Market by Application
    • UK Wi-Fi Chipset Market All-Up
    • Germany Wi-Fi Chipset Market All-Up
    • France Wi-Fi Chipset Market All-Up
    • Spain Wi-Fi Chipset Market All-Up
    • Rest of Europe Wi-Fi Chipset Market All-Up
  • Asia-Pacific Wi-Fi Chipset Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Wi-Fi Chipset Market by Standard
    • Asia-Pacific Wi-Fi Chipset Market by Band
    • Asia-Pacific Wi-Fi Chipset Market by Configuration
    • Asia-Pacific Wi-Fi Chipset Market by Application
    • China Wi-Fi Chipset Market All-Up
    • India Wi-Fi Chipset Market All-Up
    • Japan Wi-Fi Chipset Market All-Up
    • Rest of APAC Wi-Fi Chipset Market All-Up
  • RoW Wi-Fi Chipset Market (Option 4: As a part of the free 25% customization)
    • RoW Wi-Fi Chipset Market by Standard
    • RoW Wi-Fi Chipset Market by Band
    • RoW Wi-Fi Chipset Market by Configuration
    • RoW Wi-Fi Chipset Market by Application
    • Brazil Wi-Fi Chipset Market All-Up
    • South Africa Wi-Fi Chipset Market All-Up
    • Saudi Arabia Wi-Fi Chipset Market All-Up
    • UAE Wi-Fi Chipset Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Wi-Fi Chipset Market All-Up

Major Players Operating in the Wi-Fi Chipset Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Qualcomm Technologies, Inc.
  • MediaTek Inc.
  • Intel Corporation
  • Texas Instruments Incorporated
  • STMicroelectronics N.V. 
  • Cypress Semiconductor Corporation
  • Marvell Technology Group Ltd.
  • Samsung Electronics Co., Ltd.
  • ON Semiconductor Corp.
  • Peraso Technologies, Inc.