Wi-Fi Chipset Market Growing Fast during 2021–2026

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MarketsandMarkets Presents

Wi-Fi Chipset Market Growing Fast during
20212026 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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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). 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 are significant driving factors in the Wi-Fi
chipset market during the forecast period. The
growth of the Wi-Fi chipset market would also
largely depend on the success of new Wi-Fi
technologies, including IEEE 802.11ad (WiGig),
and 802.11ax standards. 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 - Forecast
2026"
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The market, based on MIMO configuration, has
been divided into SU-MIMO and MU-MIMO. MU-MIMO
are expected to hold a major share during the
forecast period. Multi-user multiple input
multiple output (MU-MIMO) Wi-Fi chipsets offer up
to 3 times higher throughput than single-user
multiple input multiple output (SU-MIMO) Wi-Fi
chipsets. MU-MIMO chipsets use beamforming to
distinguish client devices in a multiple client
environment by sending data to more than one
client simultaneously. This reduces the wait time
for each client on a Wi-Fi network. 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. As
k PDF Brochure https//www.marketsandmarkets.com/
pdfdownloadNew.asp?id42186393 By band, the
market is segmented into single and dual band ,
and tri band. The single and dual band Wi-Fi
chipset market is expected to lose a significant
market share to the tri-band Wi-Fi chipset market
during the forecast period. Single band (2.4 GHz)
and dual band (2.4 GHz and 5 GHz) have become
highly congested due to the other existing Wi-Fi
protocols and wireless technologies. The high
congestion of these 2 bands has negatively
affected user experience and throughput. 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.
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By end-use application, the Wi-Fi chipset market
is segmented consumer devicessmartphones,
laptops personal computers (PCs), and tablets
cameras smart home devicesappliances, smart
speakers gaming devices AR/VR devices mobile
robots drones networking devicesrouters
gateways, access points mPOS, in-vehicle
infotainment and others (medical devices,
portable devices, defense equipment, and
educational devices). Recent developments in
various application areas and continuous
improvements in verticals such as consumer
electronics and automotive are a few of the key
factors driving the adoption of Wi-Fi chipsets.
The consumer devices are expected to hold the
largest share of the Wi-Fi chipset market. IP
cameras, smart home devices and gaming devices
are the growing end-use application markets
during the forecast period. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id42186393 By IEEE standard, the
Wi-Fi chipset market has been segmented into
802.11be (Wi-Fi 7), 802.11ax (Wi-Fi 6 and 6E),
802.11 ac (Wi-Fi 5), 802.11ad and 802.11b/g/n. In
2020, IEEE 802.11n, 802.11ac (Wi-Fi 5), and
802.11ad were the most widely used IEEE standards
in the Wi-Fi chipset market. During the latter
half of the 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)).
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By vertical, theWi-Fi chipset market is segmented
into consumer electronics, enterprise,
industrial, retail, BFSI, healthcare, automotive
and others (government public sector). 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. In 2020, the Asia-pacific market 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. North America is expected to hold
the second-largest share in the Wi-Fi chipset
market by 2026. The presence of key consumer
electronics and Wi-Fi networking product
manufacturers such as Apple, Inc. (US) and Cisco
Systems, Inc. (US) has contributed to the growth
of the Wi-Fi chipset market in North America.
Wi-Fi-based communication technology is gaining
significant momentum as a mobile offload
technology in North America.
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