Market Scenario:
A wireless chipset is a piece of internal hardware, a system-on-chip (SoC) that allows a device to communicate with another wireless-enabled device. This Wi-Fi chipset is used in many applications as smart phones, personal computers, laptops and others.
In this rapidly progressing environment, the growing demand of high-tech electronic products, increasing integration of Wi-Fi into homes and enterprises is contributing in the growth of electronic industry resulting to positive growth in the Wi-Fi Chipset Market. Developments in computer aided systems; wearable technology, internet of things (IoT), automated technologies are some of the major driving factors of Wi-Fi chipset market. The study indicates a rising popularity of smart phones, tablets and laptops resulting in demand of high data speeds ultimately increase the demand for Wi-Fi chipsets. Moreover launch of new frequency bands would be a driving factor for the Wi-Fi chipset market. The global Wi-Fi chipset market has been segmented on the basis of application, band, and end-user. The Wi-Fi chipset can be available in 3 bands as single, dual and tri bands. The study indicates that the restraining factor for the Wi-Fi chipset market would be high costs and licensing.
The Global Wi-Fi chipset Market is expected to grow at USD ~20 Billion by 2022, at ~4% of CAGR between 2016 and 2022.
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Key Players
The prominent players in the Wi-Fi Chipset Market are – Atmel Corporation (U.S.), Broadcom Corporation (U.S.), STMicroelectronics N.V. (Switzerland), MediaTek Inc. (Taiwan), Intel Corporation (U.S.), Qualcomm Technologies, Inc. (U.S.), Texas Instruments Incorporated. (U.S.), Cypress Semiconductor Corporation (U.S.), Marvell Technology Group Ltd. (Bermuda), Samsung Electronics Co., Ltd. (South Korea), Peraso Technologies, Inc. (Canada), Quantenna Communications Inc. (U.S.) among others.
Wi-Fi chipset Market Segmentation
The Wi-Fi chipset Market has been segmented on the basis of application, band, and end-user. Looking through the end-user segments, it has been observed that consumer electronics sector is dominating the Wi-Fi chipset market. The study also indicates that manufacturing industry and automotive industry would expect a substantial increase in Wi-Fi chipset market due to rising demand of miniaturization and automation. The study reveals that mobile device applications would dominate the Wi-Fi chipset market by the forecast period owing to the rising popularity of smart phones, tablets and laptops resulting in demand of high data speeds.
Market Research Analysis:
Market Research Future Analysis shows that government is taking initiatives, for smart-city developments which in result drives the Wi-Fi chipset market. The study indicates a rising popularity of smart phones, tablets and laptops resulting in demand of high data speeds ultimately increase the demand for Wi-Fi chipsets.
Regional analysis for Wi-Fi chipset market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that Asia-Pacific region would evolve as a leader in Wi-Fi chipset market. The study indicates large investments and technological advancements by Asia-Pacific countries towards consumer electronics industry is responsible for the rapid growth in Wi-Fi chipset market by the forecast period.
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Intended Audience
- Technology investors
- network equipment vendors
- Original equipment manufacturers (OEMs)
- Original design manufacturers (ODMs)
- Wireless communication IC manufacturers
- Semiconductor foundry service providers
- Component manufacturers
- Assembly, testing, and packaging vendors
- software/application providers
- user equipment manufacturers
- Raw material and manufacturing equipment suppliers
- Government Organizations
- Research/Consultancy firms
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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