Wi-Fi Chipset Market worth $25.2 billion by 2026

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MarketsandMarkets Presents

Wi-Fi Chipset Market worth 25.2 billion by
2026 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-Rep
orts/wi-fi-chipset-market-42186393.html
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According to the new market research
report "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", published by MarketsandMarkets, 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) The major factors driving the growth
of the Wi-Fi chipset market are 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. 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 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"
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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.
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Tri band will have highest growth in coming
years The tri band segment is expected to account
for a 24 share of the overall Wi-Fi chipset
market by 2026. The high growth of the tri-band
Wi-Fi chipset segment is attributed to the use of
802.11ac in smartphones and Wi-Fi access point
equipment. The upcoming 802.11ax or Wi-Fi 6 is
expected to provide 160 MHz channel widths to
accommodate data-hungry applications over the 6
GHz band it could lead to the adoption of Wi-Fi
6 and next-generation security of WPA3 Request
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om/requestsampleNew.asp?id42186393 Consumer
electronics vertical is expected to hold the
largest share in 2026 With the emergence of
several smart appliances that can connect to the
internet and smartphones, the IoT technology
market for the consumer electronics segment is
expected to witness healthy growth, and so is the
Wi-Fi chipset market. Therefore, it tends to hold
the major share of the Wi-Fi chipset market
during the forecast period. Similarly, wide
coverage range, fewer access points, minimized
costs, and simplified network deployment are the
factors fueling the demand for Wi-Fi 6 in
enterprises, which was the second-largest market
for Wi-Fi chipsets in 2020.
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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. 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).
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