Wi-Fi chipset market is anticipated to grow at a significant CAGR of 3.8% during the forecast period (2023-2029). One of the major drivers of the global Wi-Fi chipset market is the expanding adoption of Wi-Fi in businesses and enterprises. The Wi-Fi-based business models are getting more popular across all the business and enterprise sizes such as multinational banks to small start-up companies, and all segments of the application. To increase customer relationship management and customer engagement, Wi-Fi hotspots at hotels, buses, airports, trains, coffee shops retail stores, sports stadiums are increasingly being used, for instance Tesco has started to offer Wi-Fi hotspots in their stores to make the customer self-checkout easier through their smartphone app. Among the customers, the commercial spaces that offer free Wi-Fi are gaining more popularity which is expected to create more demand for Wi-Fi technology and fuel the growth of the global Wi-Fi chipset market.
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The COVID-19 pandemic has hindered the growth of the global Wi-Fi chipset market. In 2020, as the virus started spreading at a rapid rate, governments across the nations-imposed country-wide lockdowns. Due to the lockdowns manufacturing facilities were shut down completely for a long period and the restrictions on the trade stopped the international supply chain due to a ban on international trade. Thus, these circumstances declined the overall growth of the global Wi-Fi chipset market. But after the relaxation of the restrictions and economies started to reopen, the industry had to adapt to the circumstances, by providing their employees work from home and resuming the manufacturing process with less labour force. Therefore, the global Wi-Fi chipset is expected to make a rapid recovery.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Wi-Fi Chipset Market Report Segment
By Standard
- IEEE 802.11ay
- IEEE 802.11ad
- IEEE 802.11ax
- IEEE 802.11ac
- IEEE 802.11n
- IEEE 802.11b/G
By Band
- Single Band
- Dual Band
- Tri Band
By Application
- Smartphone
- Tablets
- Desktop PC
- Laptops
- Connected Home Devices
- Others
Global Wi-Fi Chipset Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Wi-Fi chipset market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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