Global Wi-Fi Chipset Market to Reach US$ 25.9 Billion by 2032, Spurred by Increasing Usage of Smart Devices

January 04, 2022 | Technology & Media

According to the latest report by IMARC Group, titled “Wi-Fi Chipset Market Report by Product (Smartphones, Tablets, PCs, Access Point Equipment, Connected Home Devices, and Others), Band (Single Band, Dual Band, Tri Band), MIMO Configuration (SU-MIMO, MU-MIMO), and Region 2024-2032”, the global Wi-Fi chipset market size reached US$ 19.9 Billion in 2023. Wireless transmitter and chipset are utilized by the Wi-Fi technology to send the required data for wireless networking. The transmitter converts the information from the internet to the radio signal, enabling information exchange in the form of data or voice from the device. These chipsets are commonly used to access networked services without the requirement of standard cables. As a result, these chipsets are extensively being utilized across a vast array of home appliances such as water heaters, refrigerators and washing machines, as well as consumer electronics, including televisions, smartphones, laptops and personal computers.

Global Wi-Fi Chipset Market Trends:

The increasing penetration rate of smart devices, such as smartphones and tablets into the daily life of consumers is one of the primary factors driving the market growth. Also, the growing applications of the Internet of Things (IoT) are expected to propel the demand for wireless technology. Wi-Fi chipsets form an essential component of smart houses with IoT-connected electronics. Moreover, owing to the growing environmental consciousness and inclination toward sustainable development, governments of various countries are heavily investing in the construction of smart cities, of which Wi-Fi networks form an integral part. Other factors contributing to the market growth include rising disposable income, increasing working population, and widespread acceptance of voice over mobile broadband (VOMB), which is both cost- and energy-efficient as compared to traditional telecom carriers. On account of the aforementioned factors, the market is projected to reach a value of US$ 25.9 Billion by 2032, growing at a CAGR of 2.9% during 2024-2032.

Market Summary:

  • On the basis of the product, the market has been divided into smartphones, tablets, PCs, access point equipment, connected home devices and others.
  • Based on the band, the market has been categorized into single, dual and tri bands.
  • On the basis of the multiple-input multiple-output (MIMO) configuration, the market has been bifurcated into single-user (SU)-MIMO and multi-user (MU)-MIMO.
  • On the geographical front, the market has been segregated into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
  • The competitive landscape of the market has also been analyzed with the detailed profiles of the key players operating in the market, including Qualcomm Technologies, Inc., Intel Corporation, Texas Instruments Inc., STMicroelectronics N.V., Mediatek, Inc., Samsung Electronics Co., Ltd., Marvell Technology Group Ltd., Cypress Semiconductor Corporation, Quantenna Communications, Inc., Peraso Technologies, Inc., Atmel Corporation, Celeno Communications, Espressif, Inc., and Broadcom Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Band, MIMO Configuration, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Qualcomm Technologies, Intel Corporation, Texas Instruments Inc, Stmicroelectronics, Mediatek, Samsung Electronics, Marvell Technology Group Ltd, Cypress Semiconductor Corporation, Quantenna Communications, Peraso Technologies, Atmel Corporation, Celeno Communications, Espressif and Broadcom-Qualcomm
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Wi-Fi Chipset Market to Reach US$ 25.9 Billion by 2032, Spurred by Increasing Usage of Smart Devices
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