In 2022, the market for Wi-Fi semiconductor chipsets is anticipated to reach US$ 20.1 billion. It is anticipated to exceed US$ 26.3 billion and increase at a CAGR of 5.2% between 2022 and 2032. Internet use is becoming more widespread, and there are more public Wi-Fi hotspots popping up all over the place, which is anticipated to increase demand for Wi-Fi semiconductor chipset in the near future.

Future Market Insights recently published a market research report on the global Wi-Fi Semiconductor Chipset market. The study provides a complete examination of the historical data, current state, and future prospects of the Wi-Fi Semiconductor Chipset market.

Report Attribute Details
Estimated Base Year Value (2021) US$ 19.4 Billion
Expected Market Value (2022) US$ 20.1 Billion
Anticipated Forecast Value (2032) US$ 26.3 Billion
Projected Growth Rate (2022-2032) 5.2% CAGR

The analysis carefully examines the significant trends and growth factors that are anticipated to have an impact on the market in the coming years. The adoption of cloud computing and artificial intelligence is expected to propel the technology sector forward during the forecast period. Increased competitive pressure and an expedited digital transformation in the areas of data analytics and artificial intelligence are expected to boost the growth prognosis for the Wi-Fi Semiconductor Chipset market in the upcoming decade.

According to the FMI report, substantial product advancements, shifts in consumer behaviour, and expanding distribution networks all continue to have an effect on the market for Wi-Fi semiconductor chipsets. The FMI analysts who created the Wi-Fi Semiconductor Chipset market study used novel research methods, in-depth data analysis, and collection from a range of primary and secondary sources.

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Impact of COVID-19 on Wi-Fi Semiconductor Chipset Market

The IT industry has been significantly impacted by the start of COVID-19. The technology sector has suffered from disruptions in the raw material supply and electronic supply-value chain. The introduction of remote working has, however, had a favourable effect on the sector. A positive outlook is anticipated as a result of the quick focus on integrating digital techniques and big data analytics in IT services and the technology sector.

The COVID-19 effect analysis is the sole focus of a chapter of a recent report from FMI. This is meant to assist Wi-Fi Semiconductor Chipset market participants in implementing creative solutions to deal with problems that could potentially affect the market.

Key Questions Addressed in the Wi-Fi Semiconductor Chipset Market Report

  1. How will the Wi-Fi Semiconductor Chipset market expand through 2031?
  2. Which are the major key growth drivers and opportunities driving the market growth?
  3. What are the recent technological developments in the Wi-Fi Semiconductor Chipset market?
  4. What are key challenges and competition threats faced by Wi-Fi Semiconductor Chipset market players?
  5. Which region is the most lucrative in the Wi-Fi Semiconductor Chipset market?

Wi-Fi Semiconductor Chipset Market: Competitive Analysis

  • Key players into global Wi-Fi semiconductor chipset market are Atmel Corporation, Broadcom Corporation, Altair Semiconductor, Celeno Communications, Freescale Semiconductor, Inc., Intel Corporation, MARVELL, MediaTek Inc., Qualcomm Technologies, Inc., Texas Instruments Incorporated and Amimon LTD. Key players are focusing on developing new technologies such as system-on-chip and embedded technology. Increasing investment is also one of the prominent trend witnessed by market. Global Wi-Fi semiconductor chipset market is also witnessing trend of acquisition by key players.

With an extensive SWOT analysis, the FMI’s study provides the strengths, weaknesses, growth prospects and product expansion within the players. The report also offers key players marketing strategies, recent mergers and acquisitions and pricing strategy to gain a competitive edge in the industry.

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Wi-Fi Semiconductor Chipset Market: Key Segmentation

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

Wi-Fi semiconductor chipset market: Segmentation

Global Wi-Fi semiconductor chipset market can be segmented on the basis of applications and technology by application, the global Wi-Fi semiconductor chipset market can be segmented mobile device applications, media & entertainment applications and automation applications. Mobile device applications can be further sub segmented into smart phone, PCs, tablet, laptop and e-book reader etc. Media & entertainment applications can be further sub segmented into TV, camera, media player and set top box etc. Automation application can be further sub segmented into industrial automation application, building automation application and home automation application.

By technology, the global Wi-Fi semiconductor chipset market can be segmented into Wi-Fi & WLAN chipset technology, wireless display & video chipset technology, ZigBee chipset technology and mobile WiMAX chipset technology. WLAN and ZigBee chipsets are having high penetration in all the application of Wi-Fi semiconductor chipset such as mobile devices, media & entrainment applications and automation applications. On the other hand wireless display & video chipset technology and mobile WiMAX chipset technology are still relatively new.

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About FMI             

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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