Market Analysis
The global Wi-Fi chipset market is predicted to touch USD 27,183.7 million at a healthy 6.02%CAGR between 2018- 2025, states the recent Market Research Future (MRFR) analysis. A wireless chipset, simply put, is a system-on-chip (SoC) or component that helps a device in communicating with other wireless devices. Industrial Wi-Fi, mobile Wi-Fi, and others are the different types of Wi-Fi chipset that has wide applications in PC, tablets, smartphone, and others.
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Various factors are propelling the global Wi-Fi chipset market share. According to the recent MRFR report, such factors include the increasing number of Wi-Fi hotspots, rising growth in connected devices ownership, burgeoning demand for WiGig technology, heavy use in private and public sectors, and growth of Wi-Fi technology in business & enterprise.
On the contrary, the existence of security & cyber threats, high Wi-Fi chip cost, and the impact of the on-going COVID-19 pandemic may limit the global Wi-Fi chipset market growth over the forecast period.
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global Wi-Fi chipset market based on application, die size, fabrication technology, and type.
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By type, the global Wi-Fi chipset market is segmented into industrial Wi-Fi, mobile Wi-Fi, and others. Of these, the mobile Wi-Fi type segment will lead the market over the forecast period. Wi-Fi is equipped with features and comes in different sizes and shapes.
By fabrication technology, the global Wi-Fi chipset market is segmented into Sige, silicon on insulator (SOI), Fdsoi Cmos, and FinFET. Of these, the FinFET fabrication technology segment will dominate the market over the forecast period.
By die size, the global Wi-Fi chipset market is segmented into 10nm, 14nm, 20nm, 28nm, and others. Of these, the 14nm die size segment will have a major share in the market over the forecast period.
By application, the global Wi-Fi chipset market is segmented into PC, tablets, smartphone, and others. Of these, the smartphone segment will command the largest share in the market over the forecast period.
Regional Analysis
Based on the region, the global Wi-Fi chipset market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Middle East and Africa (MEA). Of these, North America will lead the market over the forecast period. The presence of established infrastructure, growing ownership of smartphones and tablets that are Wi-Fi enabled, availability of smartphones at affordable prices, and increasing advancements are adding to the global Wi-Fi chipset market growth in the region.
The global Wi-Fi chipset market in the APAC region is predicted to grow at a fast pace over the forecast period. The presence of key consumer electronics device OEMs, high penetration of Wi-Fi in different industries like manufacturing, retail, and healthcare, availability of public Wi-Fi hotspot connectivity, and growing demand for Wi-Fi-enabled tablets and smartphones in India and China are adding to the global Wi-Fi chipset market growth in the region.
The global Wi-Fi chipset market in Europe is predicted to have sound growth over the forecast, and in the MEA is predicted to have steady growth over the forecast period.
Key Players
Leading contenders profiled in the global Wi-Fi chipset market report include United Microelectronics Corporation (Taian), Samsung Electronics Co Ltd. (South Korea), Texas Instruments Inc. (US), Peraso Technologies, Inc. (Canada), On Semiconductor (Quantenna Communications Inc) (US), Marvell Technology Group Ltd (Bermuda), Broadcom Inc (US), Global Foundries (US), Taiwan Semiconductor Manufacturing Co Ltd (Taiwan), Cypress Semiconductor Corporation (US), STMicroelectronics NV (Switzerland), Intel Corporation (US), Mediatek Inc. (Taiwan), and Qualcomm Technologies Inc. (US). Industry players have incorporated strategies such as acquisitions, partnerships, mergers, new product launches, and others to stay at the forefront.
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