As stated by in-depth research by Market Research Future Reports (MRFR), the global Wi-Fi chipset market is likely to record a CAGR of 6.02% and valuing approximately USD 27,183.7 million by 2025. The automation technology is estimated to be the most significant factor leading to the expansion of global Wi-Fi chipset market 2020. Besides, the development of computer-aided systems is likely to propel the market. Moreover, the deployment of wearable technology is further likely to expand the market size. In addition, there has been a sudden surge in the ownership of Wi-Fi-enabled smartphones and tablets. The increasing disposable income is estimated to play an important role in market expansion. Besides, the increasing demand for high-power electronic products and the rising implementation of Wi-Fi into homes and organizations are leading to the strengthening of the electronic sector, which directly augments the global Wi-Fi chipset market. The analysis also reveals that the automotive industries are likely to witness expansion due to the increasing demand for automation and miniaturization.
However, the outbreak of COVID-19 has brought major impacts on market dynamics. An in-depth analysis has been carried out by the MRFR team to produce accurate insights about the global Wi-Fi chipset market. We will provide the report with a thorough analysis.
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The global Wi-Fi chipset market can be segregated on the basis of type, fabrication technology, die size, application, and region.
On the grounds of the type, the worldwide Wi-Fi chipset market can be segregated into Industrial Wi-Fi, Mobile Wi-Fi, and Others.
On the grounds of fabrication technology, the worldwide Wi-Fi chipset market can be classified into Fdsoi Cmos, FinFET, Sige, and Silicon on Insulator (SOI).
On the grounds of die size, the worldwide Wi-Fi chipset market can be classified into 28nm, 20nm, 14nm, 10nm, and Others.
On the grounds of application, the worldwide Wi-Fi chipset market can be segregated into Tablets, PC, Smartphone, and others
On the grounds of the region, the worldwide Wi-Fi chipset market can be segmented into North America, Asia-Pacific, Europe, Middle East & Africa, and South America.
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The regional study of North America, Asia-Pacific, Europe, Middle East & Africa, and South America has been carried out. As per the analysis, the global Wi-Fi chipset market is estimated to be dominated by North America. The region is technically advanced and has a developed infrastructure. Besides, the region is witnessing a rise in the ownership of Wi-Fi-enabled smartphones and tablets. Moreover, the region consists of established key players. On the other hand, Asia-Pacific is likely to expand exponentially during the forecast period owing to the presence of emerging nations like China, Japan, and India. The region is witnessing a rise in the sales of Wi-Fi-enabled smartphones. Also, Chinese smartphones are being sold at a peak and acquire a considerable size of the market.
However, the outbreak of Coronavirus has resulted in the halt of daily business operations. Several regions had to shut down their organizations to contain the spread of COVID-19. The sudden halt in business operations has resulted in a significant change in the market mechanism of various regions.
The notable competitors of the global Wi-Fi Chipset market are Mediatek Inc. (Taiwan), Qualcomm Technologies Inc. (US), Intel Corporation (US), Cypress Semiconductor Corporation (US), STMicroelectronics NV (Switzerland), Taiwan Semiconductor Manufacturing Co Ltd (Taiwan), Broadcom Inc (US), Global Foundries (US), Marvell Technology Group Ltd (Bermuda), Peraso Technologies, Inc. (Canada), On Semiconductor (Quantenna Communications Inc) (US), Texas Instruments Inc. (US), United Microelectronics Corporation (Taian) and Samsung Electronics Co Ltd. (South Korea).
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