Wi-Fi Chipset Market - Rising Need for Faster Data Transfer and Significant Increase in Internet Penetration Rate

1
MarketsandMarkets Presents

Wi-Fi Chipset Market - Rising Need for Faster
Data Transfer and Significant Increase in
Internet Penetration Rate Wi-Fi Chipset Market
with COVID-19 Impact By IEEE Standard (802.11be,
802.11ax, 802.11ac), End-use application
(Consumer, Smarthome, AR/VR, Networking Devices),
Band, MIMO configuration, Vertical and Geography
- Forecast 2026 https//www.marketsandmarkets.com
/Market-Reports/wi-fi-chipset-market-42186393.html

2
The Wi-Fi chipset market was valued at USD 19.7
billion in 2020 and is estimated to reach USD
25.2 billion by 2026 it is anticipated to grow
at a CAGR of 4.2 during the forecast period
(20212026). Growing number of public Wi-Fi
hotspots, adoption of Internet of Things (IoT),
growth of Wi-Fi in enterprise and business,
rising need for faster data transfer and
significant increase in the internet penetration
rate are significant driving factors in the Wi-Fi
chipset market during the forecast period. The
growth of the Wi-Fi chipset market would also
largely depend on the success of new Wi-Fi
technologies, including IEEE 802.11ad (WiGig),
and 802.11ax standards. However, several factors,
such as the decline in the shipment of tablets
and PCs over the last few years and long
standardization and certification time, are
hindering the growth of the Wi-Fi chipset market.
Moreover, increase in coexistence issues with LTE
in LTE-U due to the use of 5 GHz band is a major
challenge for Wi-Fi chipset manufacturers Browse 
147 market data Tables and 62 Figures spread
through 235 Pages and in-depth TOC on "Wi-Fi
Chipset Market with COVID-19 Impact - Forecast
2026"
3
MU-MIMO configuration is projected to witness
the highest CAGR for the forecast period MU-MIMO
are expected to hold a major share during the
forecast period. The growing penetration of
MU-MIMO Wi-Fi chipsets in enterprise and consumer
access point equipment is expected to be the
major driver for its growth during the initial
years of commercialization. The adoption of these
chipsets in smartphones, 4K TVs, and gaming
consoles is expected to accelerate the growth of
the MU-MIMO Wi-Fi segment during the latter half
of the forecast period. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id42186393 802.11ax to account for
largest share of Wi-Fi chipset market during
forecast period  802.11ax is expected to witness
rapid growth in the overall Wi-Fi chipset market.
This standard is expected to offer the highest
spectral efficiency among all other existing IEEE
802.11 standards and is predicted to have a top
speed of around 10 Gbps (as tested by Huawei
Technologies Co. Ltd (China)). However, to meet
the emerging demands for faster speed, a new
amendment standardIEEE 802.11be Extremely High
Throughput (EHT), also known as Wi-Fi 7is
anticipated to be released in March 2021. This
new additional 6 GHz band with new features,
including speeds up to 320-MHz bandwidth, will
help achieve the target of EHTa maximum
throughput of at least 30 Gbps. It will find
applications in high-throughput and low-latency
services, such as 4K/8K video streaming, AR/VR
applications, and online gaming.
4
APAC is attributed to grow at the highest CAGR in
the Wi-Fi chipset market during ther forecast
period (2021-2026) APAC accounted for the largest
share of  the global Wi-Fi chipset market and is
expected to become the largest market for Wi-Fi
chipsets by 2026, accounting for an estimated 50
share of the market, in terms of volume There are
several consumer electronics product
manufacturers operating in China, South Korea,
and Japan, such as Samsung Electronics Co. Ltd.
(South Korea), Huawei Technologies Co. Ltd.
(China), ZTE Corporation (China), and Sony
Corporation (Japan). The large pool of consumer
electronics manufacturers and low-cost
manufacturing of Wi-Fi chipsets in China have led
to the largest share of Asia Pacific in the Wi-Fi
chipset market. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id42186393 Key Market Players The
Wi-Fi chipset market was dominated by Qualcomm
Technologies, Inc. (US), Broadcom Inc. (US),
MediaTek Inc. (Taiwan), Intel Corporation (US),
Texas Instruments Incorporated (US).
5
Qualcomm Technologies, Inc. (US) Qualcomm
Technologies, Inc. (US) is ranked first in the
Wi-Fi chipset market, especially after the exit
of Broadcom Corporation (US) from the Wi-Fi
chipset market in 2020. Qualcomm Technologies,
Inc. provides numerous chips, which are
manufactured according to the latest IEEE
standard. All such chipset products are used by
many consumer device manufacturers such as D-Link
Corporation (Taiwan), Sony Corporation (Japan),
Fujitsu Ltd. (Japan), and Toshiba Corporation
(Japan). The company launched various new
products. For instance, in January 2020, the
company introduced the new QCA6595AU, Automotive
Wi-Fi 5, and Bluetooth combination chip in its
Wi-Fi product portfolio. This chip is designed to
reach 1 Gbps and is complementary to the Qualcomm
Automotive Wi-Fi 6 dual-MAC chip, the QCA6696,
which can reach nearly 1.8 Gbps of throughput.
The company also adopted the acquisition
strategy. For instance, in August 2015, the
company acquired Ikanos Communications, Inc.
(US), a provider of semiconductor and software
products for home use. This acquisition would
expand the hold of Qualcomm Technologies, Inc. in
the carrier Wi-Fi and wired connectivity
segment. 
6
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors. MarketsandMarkets now coming up
with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations early to the market
by providing them research ahead of the
curve. MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of markets.
7
Contact Us
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/wi-fi-chipset.asp