Wi-Fi Chipset Market is estimated to be US$ 29.63 billion by 2030 with a CAGR of 4.50% during the forecast period
Wi-Fi Chipset Market accounted for US$ 19.2 billion in 2020 and is estimated to be US$ 29.63 billion by 2030 and is anticipated to register a CAGR of 4.50%. A Wi-Fi semiconductor chipset is a piece of internal hardware that allows a device to communicate with another device that supports wireless technology. This Wi-Fi semiconductor chipset can be found in a wide range of wireless devices, including cellphones, PCs, and laptops. Aside from these devices, Wi-Fi semiconductor chipsets are used in a variety of automation systems, including industrial and residential automation. Different configurations exist for the access points. The 1X1 arrangement is the most cost-effective platform, and it's commonly seen in simpler devices like smartphones, tablets, and modems.
The report "Global Wi-fi Chipset Market, By Type (802.11n, 802.11ac, and 802.11ad), By Application (Smart Home Devices, Computer Notebook, Desktop PC, and Mobile Phone), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030’’
Key Highlights:
· Qualcomm announced the Qualcomm Immersive Home Systems in October 2020, which are the successors to the company's mesh networking platforms. They're made to deliver gigabit-speed wireless performance to every room in the house in palm-sized packages. These devices are inexpensive enough to appeal to a wide range of consumers. A revolutionary modular design strategy, major breakthroughs in network packet processing technology, and the incorporation of next-generation Wi-Fi 6 and 6E are used to achieve this engineering achievement.
· Qualcomm unveiled a flagship array of mobile connectivity technologies in May 2020, which includes the industry's most powerful Wi-Fi 6E options. The Qualcomm FastConnect 6900 and Qualcomm FastConnect 6700 mobile connectivity systems combine Wi-Fi 6 and Bluetooth audio technology to deliver the fastest available Wi-Fi speeds (up to 3.6 Gbps) on a mobile Wi-Fi offering, VR-class low latency, and Bluetooth advancements to deliver immersive audio experiences for classic and emerging LE Audio use cases.
Analyst View:
The widespread use of WIFI in both the public and private sectors is another aspect that is predicted to boost the market. With the growing demand for wireless connectivity, both the public and private sectors are collaborating to make internet access more widely available in the community. For governments, public Wi-Fi is a fantastic way to link entire towns. Smart towns are increasingly adopting free Wi-Fi and, as a result, can effectively empower their citizens by providing improved services. Another benefit of public Wi-Fi connectivity for the community is the increased accessibility to educational facilities.
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Key Market Insights from the report:
Global Wi-Fi Chipset Market accounted for US$ 19.2 billion in 2020 and is estimated to be US$ 29.63 billion by 2030 and is anticipated to register a CAGR of 4.50%. The Global Wi-Fi Chipset Market is segmented based on type, application and region.
· Based on Type, Global Wi-Fi Chipset Market is segmented into 802.11n, 802.11ac, and 802.11ad.
· Based on Application, Global Wi-Fi Chipset Market is segmented into Smart Home Devices, Computer Notebook, Desktop PC, and Mobile Phone.
· By Region, the Global Wi-Fi Chipset Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Wi-Fi Chipset Market:
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The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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