Wi-Fi Chipset Market Size, Share and Industry Report 2021-2026 - PowerPoint PPT Presentation

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Wi-Fi Chipset Market Size, Share and Industry Report 2021-2026


[235 Pages Report] 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 (2021–2026). – PowerPoint PPT presentation

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Title: Wi-Fi Chipset Market Size, Share and Industry Report 2021-2026

MarketsandMarkets Presents

Wi-Fi Chipset Market Size, Share and Industry
Report 2021-2026 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 (2021-2026) https//www.ma
235 Pages Report 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.  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"
Growing number of public Wi-Fi hotspots and
adoption of IoT The ownership of connected
devices across the world is expected to grow at a
significantly high rate during the forecast
period and is attributed to the growth of IoT.
The enormous growth of connected devices would
require higher data throughput and bandwidth, and
broader coverage, which is likely to increase
congestion over the mobile network during the
forecast period. To tackle this situation and to
make a positive impact on the dynamic telecom
environment, the adoption of Wi-Fi hotspot
solutions by communication service providers and
network operators is expected to rise
significantly in the coming years. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id42186393 Expanding use of Wi-Fi
in enterprises and businesses Enterprises and
businesses of all sizes, across segments and
verticals, are increasingly shifting toward a
Wi-Fi-based customer engagement model. Wi-Fi
hotspots at coffee shops, airports, hotels,
buses, trains, sports stadiums, and retail stores
are used for customer engagement and customer
relationship management. The commercial complex
that offers free Wi-Fi connectivity is gaining
high popularity among consumers. With the
enormous growth of connected devices, consumers
are focusing on the value of information. A large
number of consumers have numerous access points
for information and are increasingly relying on
mobile devices and the Internet. Retailers are
becoming aware of the value of assisting
consumers in gathering information and generating
customer relationship management systems through
Facebook pages, e-mails, and location-based
marketing. Moreover, in-store Wi-Fi is becoming
more popular among retailers to connect with
consumers and facilitate their purchase decision.
Mobile devices have changed the way consumers
shop in-store.
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. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.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.
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.
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