Wi-Fi Chipset Market Update: Exceeding Expectations of Key Players That Shows Promising Future
Seattle, WA -- (SBWIRE) -- 11/29/2019 -- A Wi-Fi chipset refers to a part of a wireless-enabled device's internal hardware that allows the device to communicate with other wireless-enabled machines. Such chipsets are found personal computers, smartphones, as well as a number of wireless devices such as external wireless local area network adapters, wireless local area network cards, routers, and any device that transmits or receives a wireless signal.
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The global market for Wi-Fi chipset has witnessed a robust rise in demand as the technology has become one of the most preferred wireless data transfer methods in personal computers and smartphones. The mounting consumer base of smartphone users, especially across developing economies such as India and China, has added to the need for Wi-Fi chipsets to provide mobile phones cellular connectivity on the go. This trend is expected to remain one of the key driving forces of the global Wi-Fi chipset market in the next few years.
The market has also witnessed significant traction over the past few years owing to the increased focus on the implementation of the concept of smart cities across most developed and developing economies across the globe. The encouraging role of government bodies in this regards, through interventions in the form of favorable regulations and funds directed at the implementation of connected technologies in public infrastructures is also a key factor driving the market.
Market Breakup by Product:
- Access Point Equipment
- Connected Home Devices
Market Breakup by Band:
- Single Band
- Dual Band
- Tri Band
Market Breakup by MIMO Configuration:
From a regional standpoint, the market for Wi-Fi chipset has been examined in the report for regional markets such as North America, Europe, Asia Pacific, and Middle East and Africa.
The global Wi-Fi chipset market is expected to witness high growth in Asia Pacific. Asia Pacific is expected to hold the highest share in terms of revenue in the global Wi-Fi chipset market during the forecast period. The rising demand for smartphones and tablets with integrated Wi-Fi technology in China and India is one of the key factors favoring growth in this market. Availability of public Wi-Fi hotspot connectivity in these countries is also growing demand for Wi-Fi chipsets. Moreover, increasing use of Wi-Fi technology in retail, healthcare, and manufacturing in Asia Pacific has contributed to the market dominance of this region.
Quantenna Communications, Inc., Qualcomm, Broadcom, Intel Corporation, Texas Instruments, Samsung Electronics Co., Ltd., Marvell Technology Group Ltd., Inc, Cypress Semiconductor Corporation, Mediatek, Peraso Technologies, Inc.
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