Industry Background:
A WIFI Chipset is a part of the interior hardware design which allows a device to communicate or connect with another wireless-enabled device. These chipsets are generally found inside a computer as well as a number of other wireless devices. Moreover, the types of hardware it might contain can include wireless Computers such as Notebook and Desktop PC, wireless local area network (WLAN) cards and external WLAN adapters. Increasing more usage of the internet globally is driving the wifi chipset market.
According to AMA Research, the market for WIFI Chipset is expected to register a CAGR of 6.6% during the forecast period to 2030. This growth is primarily driven by Increased Demand for Wireless Sensor Networks
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Electrical Components & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Atmel Corporation (United States), Qualcomm Technologies Inc. (United States) ,, Broadcom Corporation (United States), Cypress Semiconductor Corporation (United States), Intel Corporation (United States), Marvell Technology Group Ltd. (Bermuda), MediaTek Inc. (Taiwan), Peraso Technologies Inc. (Canada), Quantenna Communications Inc. (United States) and STMicroelectronics N.V. (Switzerland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2019, Marvell this morning has announced that it is selling off its Wi-Fi and Bluetooth chipset business to NXP Semiconductors in a cash transaction. This business unit includes about 550 employees and generated about in revenue for Marvell during their fiscal year 2019
In February 2019, Qualcomm has launched the QCA6390 chipset that can provide the WiFi connection speed of 18 GB per second. It operates at a dual-band frequency 2.5 GHz and 5 GHz with an enhanced Bluetooth 5.1The global Wi-Fi chipset market is highly competitive and fragmented with the presence of a large number of vendors. The key vendors of this market compete on the basis of four major parameters such as price, innovation, quality, and performance. Moreover, the adoption of Wi-Fi chipsets is spreading across consumer electronic segments such as smartphones, tablets, and laptops.
Influencing Trend:
High Adoption of Smartphones Globally and The Rise in the Adoption of Iot
Market Growth Drivers:
Increased Demand for Wireless Sensor Networks, Rising Need for Staying Connected Across the World and Increased Demand for Low-Power Wide-Area (LPWA) Networks in IoT Applications
Challenges:
Concern Related To Changing Design Architecture and Form Factors of Wi-Fi Chipset, Increasing Privacy and Security Concerns and Risk of Data Breach
Restraints:
High Power Consumption by Wireless Sensors, Terminals, and Connected Devices and Lack of Uniform Communication Standards
Opportunities:
Growing Development of 5g Network, Enormous Growth of Connected Devices in Emerging Nations and Developing Need for Cross-Domain Applications
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of WIFI Chipset Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of WIFI Chipset Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of WIFI Chipset players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, WIFI Chipset Study Sheds Light on
The WIFI Chipset Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the WIFI Chipset industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where WIFI Chipset industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.