What is Wi-Fi 6 Chipsets and SoCs?
Wi-Fi 6 Chipsets and SoCs offers consistent and fast connectivity for Wi-Fi 6 devices. Its high spectrum band delivers the full promise of latency reducing features in Wi-Fi 6 and supports more reliable low latency for enhanced application experiences such as voice and video calling, cloud gaming and AR/VR, Ultra HD, and 4K & 8K video streaming. It also helps routers to improve speed and network efficiency of in-home mesh networking devices.
The market study is broken down by Type (Chipsets and SoCs), by Application (Routers, Smart Home Devices, Consumer Electronics and Others) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Wi-Fi 6 Chipsets and SoCs market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Broadcom Inc. (United States), NXP Semiconductors (Netherlands), Qualcomm (United States), MaxLinear (United States), Infineon (Germany), MediaTek Inc. (Taiwan), Intel (United States), ON Semiconductor (United States), Espressif Systems (China) and Huawei (China) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Wi-Fi 6 Chipsets and SoCs market by Type, Application and Region.
On the basis of geography, the market of Wi-Fi 6 Chipsets and SoCs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Band Support, the sub-segment i.e. Single-band will boost the Wi-Fi 6 Chipsets and SoCs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In January 2021, NXP announced first Wi-Fi 6E Tri-Band SoC CW641 to support 6 GHz band that expands spectrum available for Wi-Fi by up to 1.2GHz. The new SoC helps to increase speeds of over 4Gbps and multi-user performance in the new 6GHz band and provides high capacity and low latency that boost the performance of in-home mesh networks, streaming high-resolution music and videos, online gaming.
Market Trend
- Advanced Technological Developments in Wi-Fi 6 Chipsets
Market Drivers
- Increasing Use of Wireless Connectivity and Adoption of IoT & Smart Home Devices Across the Globe
- Growing Need for Next Generation Wi-Fi Routers to Improve Speed and Network Efficiency in Dense Environments
Opportunities
- Penetration of Android TVs with High Resolutions and Multiple Features like Wi-Fi and Bluetooth Connectivity, Gaming Devices, etc.
Restraints
- Increasing Price of Materials by the OEMs Due To the Economic Slowdown to Restrain.
Challenges
- The Shortage of Semiconductors and US-China Trade War Will Create the Challenges
Key Target Audience
Raw Material Suppliers and OEMs, New Entrants/Investors, Analysts and Strategic Business Planners, Wi-Fi 6 Chipset and SoCs Manufacturers, Suppliers and Distributors of Automotive Semiconductors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.