Wi-Fi Chipset Market Set to Surge, Expected to Reach USD 25.2 Billion by 2026

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Wi-Fi Chipset Market Set to Surge, Expected to
Reach USD 25.2 Billion by 2026 Wi-Fi Chipset
Market by IEEE Standard (802.11be, 802.11ax,
802.11ac), End-use application (Consumer,
Smarthome, AR/VR, Networking Devices), Band, MIMO
configuration, Vertical and Geography https//www
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The global Wi-Fi Chipset market is gearing up for
substantial growth, projected to achieve a
staggering valuation of USD 25.2 billion by 2026.
Having been valued at USD 19.7 billion in 2020,
this market is anticipated to grow at a
noteworthy Compound Annual Growth Rate (CAGR) of
4.2 from 2022 to 2027, underscoring its pivotal
role in advancing wireless connectivity solutions
worldwide. Browse 147 market data Tables and 62
Figures spread through 235 Pages and in-depth TOC
on "Wi-Fi Chipset Market - Global Forecast to
2026"
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• Wi-Fi Chipset Pioneering Connectivity Evolution
• The Wi-Fi Chipset market plays a pivotal role in
  shaping the global landscape of wireless
  connectivity, facilitating seamless internet
  access across an array of devices and industries.
  Key factors driving the market's expansion
  include
• Escalating Connectivity Demands With the
  surge in smart devices and the expansion of IoT
  ecosystems, there's an increasing need for
  robust, high-speed Wi-Fi connections, propelling
  the demand for advanced Wi-Fi chipsets.
• Advancements in Wi-Fi Standards The imminent
  arrival of 5G technology and the evolution of
  Wi-Fi standards, such as Wi-Fi 6 and beyond, are
  driving the need for more efficient and powerful
  Wi-Fi chipsets to meet evolving connectivity
  demands.
• Diverse Applications Wi-Fi chipsets find
  extensive applications across various sectors,
  including smartphones, smart homes, automotive,
  healthcare, and industrial IoT, fueling
  connectivity advancements in diverse industries.
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• Market Growth and Forecasts
• The Wi-Fi Chipset market is primed for
  substantial growth, expected to reach USD 25.2
  billion by 2026. This projected trajectory,
  featuring a robust CAGR of 4.2, signifies the
  market's pivotal role in meeting the escalating
  demands for reliable and high-speed wireless
  connections.
• Key Market Highlights
• Adoption of Wi-Fi Standards The market
  encompasses chipsets compatible with different
  Wi-Fi standards, such as Wi-Fi 4, Wi-Fi 5, Wi-Fi
  6, and forthcoming standards, offering enhanced
  performance and connectivity capabilities.
• Industry Impacts Wi-Fi chipsets drive
  connectivity in various sectors, enabling
  high-speed wireless connections in smartphones,
  laptops, IoT devices, smart homes, and enterprise
  networks.
• Global Penetration The market's influence spans
  across regions worldwide, with North America,
  Europe, Asia-Pacific, and other areas embracing
  Wi-Fi chipsets to address the burgeoning demand
  for seamless connectivity.
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Wi-Fi Chipset Market Key Players The market was
dominated by Wi-Fi chipset companies such as
Qualcomm Technologies, Inc. (US), Broadcom Inc.
(US), MediaTek Inc. (Taiwan), Intel Corporation
(US), Texas Instruments Incorporated
(US). 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.
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