Wi-Fi Chipset Market – Overview
The development of wireless chipset technology has further boosted the development of the Wi-Fi chipset market. Reports that consider the semiconductors and electronics industry have been offered by Market Research Future, which produces reports on industry verticals that evaluate the market expansion and forecasts. The market is predicted to display an income generation level of USD 20 billion by 2022 while developing at 4 % CAGR.
The pace of technological innovation has gained momentum in recent times due to the innovations being discovered around the world. The upsurge in demand for wearable technology has created a favorable base for the growth of Wi-Fi chipsets. The progress of IoT is expected to further push the demand for the Wi-Fi chipset market in the forecast period.
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Competitive Analysis
The developments in the manufacturing sector in terms of equipment and facility space are expected to bolster the market’s development in the forecast period. The market is right now experiencing a chapter of dramatic developments. The market’s development is dictated by the influence of market forces at play. The geopolitical conflicts and strategies are further intensified by the power tussles in international governments. The formation of beneficial commerce strategies by quite a few countries is anticipated to amend the market’s growth perspective. The revolution noticed in the economies of numerous emerging nations is anticipated to push the market’s development in the forecast period. The need to stabilize the market conditions is expected to be a primary concern in the period of the forecast. Also, the consumer trends are anticipated to boost the market expansion in the coming years.
The important contenders in the Wi-Fi chipset market are Broadcom Corporation (U.S.), Atmel Corporation (U.S.), STMicroelectronics N.V. (Switzerland), Intel Corporation (U.S.), Peraso Technologies, Inc. (Canada), Qualcomm Technologies, Inc. (U.S.), MediaTek Inc. (Taiwan), Texas Instruments Incorporated. (U.S.), Marvell Technology Group Ltd. (Bermuda), Samsung Electronics Co., Ltd. (South Korea), Cypress Semiconductor Corporation (U.S.), Quantenna Communications Inc. (U.S.) among others.
Segmental Analysis
The segmental overview of the Wi-Fi Chipset Market has been conducted on the basis of application, band, and end-user.Based on the applications, the Wi-Fi chipset market has been segmented into media & entertainment applications, mobile device applications, automation applications, and others. Based on the end-users, the Wi-Fi chipset market is segmented into aerospace & defense, consumer electronics, automotive, retail, manufacturing, and others. On the basis of band, the Wi-Fi chipset market has been segmented into dual-band, single band, and tri-band. Based on the regions, the Wi-Fi chipset Market is segmented into Asia Pacific, North America, Europe, and Rest of the World.
Detailed Regional Analysis
The regional examination of the Wi-Fi chipset market covers regions such as North America, Asia Pacific, Europe and Rest of the World. The study finds that the Asia Pacific region would develop considerably in the Wi-Fi chipset market by the forecast period. The Asia Pacific nations such as India, China, and Japan are gaining momentum in the in Wi-Fi chipset market owing to growing saturation of high-tech devices, development of the consumer electronics manufacturing industry, expansions in wireless communication sector, economic progress, rising digitization, and among other factors shaping this region. The study also foresees that the Latin American region would also show a noteworthy growth in Wi-Fi chipset market.
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Industry Updates:
Sep 2019 Apple’s new iPhone 11 Pro and iPhone 11 models, which include three new iPhone models overall are now supported the innovative Wi-Fi 6 standard. Most of Apple’s Wi-Fi 6 chipset technology is delivered by Broadcom.
Sep 2019 TP-Link recently declared that its first router, the Archer AX50 will support Wi-Fi 6. The company revealed that this original router features the Intel Home Wi-Fi Chipset to ” present a first-class Wi-Fi 6 Gig+ experience to more groups at a reasonable price points
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