What is Global WIFI Chipsets Market?
The Global WIFI Chipsets Market is a vast and dynamic field that encompasses a wide range of technologies and applications. At its core, it refers to the global market for WIFI chipsets, which are integral components in wireless networking devices. These chipsets are responsible for handling the wireless communications in devices such as computers, smartphones, and smart home devices. They are designed to convert digital data into radio signals and vice versa, enabling devices to connect to wireless networks. The market for these chipsets is global in nature, with demand stemming from various regions around the world. The value of this market was estimated to be US$ 18810 million in 2022, and it is projected to reach US$ 24170 million by 2029. This represents a compound annual growth rate (CAGR) of 3.6% during the forecast period of 2023-2029.
802.11n WIFI Chipsets, 802.11ac WIFI Chipsets, 802.11ad WIFI Chipsets, Others in the Global WIFI Chipsets Market:
The Global WIFI Chipsets Market is segmented based on the type of chipset. These include 802.11n WIFI Chipsets, 802.11ac WIFI Chipsets, 802.11ad WIFI Chipsets, and others. The 802.11n chipsets are older models that support speeds up to 600 Mbps. They operate on both 2.4 GHz and 5 GHz bands and are widely used in older devices. The 802.11ac chipsets are more advanced and support speeds up to 1.3 Gbps. They operate on the 5 GHz band and are commonly used in newer devices. The 802.11ad chipsets are the latest models that support speeds up to 7 Gbps. They operate on the 60 GHz band and are used in high-end devices. Other types of chipsets include those that support different WIFI standards or are designed for specific applications.
Computer, Smart Home Devices, Mobile Phone, Others in the Global WIFI Chipsets Market:
The Global WIFI Chipsets Market also varies based on the application. These chipsets are used in a variety of devices including computers, smart home devices, mobile phones, and others. In computers, they are used to enable wireless internet connectivity. In smart home devices, they are used to connect the devices to the home's wireless network, allowing them to be controlled remotely. In mobile phones, they are used to provide WIFI connectivity, enabling users to access the internet without using their mobile data. Other applications include tablets, gaming consoles, and other WIFI-enabled devices.
Global WIFI Chipsets Market Outlook:
The global WIFI Chipsets market outlook highlights some key trends and statistics. The market was valued at US$ 18810 million in 2022 and is expected to reach US$ 24170 million by 2029, growing at a CAGR of 3.6% during the forecast period 2023-2029. The market is dominated by major players such as Broadcom, Qualcomm Atheros, MediaTek, Intel, Marvell, Texas Instruments, Realtek, Quantenna Communications, Cypress Semiconductor, and Microchip, which collectively account for about 80% of the market. China is the largest market for WIFI chipsets, accounting for over 23% of the global market. The most common product in this market is the 802.11ac WIFI Chipsets, which holds a market share of over 50%. The primary application of these chipsets is in mobile phones, which account for over 70% of the market.
| Report Metric | Details |
| Report Name | WIFI Chipsets Market |
| Accounted market size in 2023 | US$ 19540 million |
| Forecasted market size in 2029 | US$ 24170 million |
| CAGR | 3.6 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Sales by Region |
|
| By Company | Broadcom, Qualcomm Atheros, MediaTek, Intel, Marvell, Texas Instruments, Realtek, Quantenna Communications, Cypress Semiconductor, Microchip |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
