United States Wi-Fi Chipset Market Outlook
A Wi-Fi chipset is a wireless transmitter that is used to send information to mobile devices for wireless networking. These chipsets enable the users to access networked services without the requirement of standard cables.
The United States Wi-Fi chipset market size reached US$ 6.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2027, exhibiting a growth rate (CAGR) of 2.77% during 2022-2027.
The growing adoption of multi-band routers that offer stronger Wi-Fi frequency has increased the overall demand for Wi-Fi chipsets in the United States.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
United States Wi-Fi Chipset Market Trends:
The United States Wi-Fi chipsets market is primarily driven by the rising investments by the Government in advanced technologies for the construction of smart cities. With the increasing penetration of the Internet of Things (IoT), these chipsets are also widely incorporated in home appliances like air-conditioners, water heaters, washing machines and televisions.
Wi-Fi chipsets form an essential component of smart houses with IoT-connected electronics. Moreover, Wi-Fi chipsets are used in cars with internet access to support vehicle and mobility management, and safety measures and driving assistance. On account of these factors, the market is expected to witness positive growth in the coming years.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Key Market Segmentation:
The report has categorized the market based on product, band and MIMO configuration.
Breakup by Product:
- Smartphones
- Tablets
- PCs
- Access Point Equipment
- Connected Home Devices
- Others
Breakup by Band:
- Single Band
- Dual Band
- Tri Band
Breakup by MIMO Configuration:
- SU-MIMO
- MU-MIMO
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the wi-fi chipset market include Quantenna Communications, Inc., QUALCOMM, BROADCOM, Intel Corporation, Texas Instruments, STMicroelectronics N.V., Samsung Electronics Co., Ltd, Marvell Technology Group Ltd., Inc, Cypress Semiconductor Corporation, Mediatek, Peraso Technologies, Inc.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Wi-Fi Chipset Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/wi-fi-chipset-market/download-sampleMarket DynamicsIn practically every business, Wi-Fi has superseded wired internet access.
The massive increase in connected devices will necessitate higher data throughput and capacity and broader coverage, which will likely increase mobile network congestion over the years.
To address this issue and positively impact the dynamic telecom environment, communication service providers and network operators are projected to implement Wi-Fi hotspot solutions in substantial numbers in the future years.
The rising utilization of Wi-Fi across varied enterprises and businesses and its several advantages is likely to augment the market's growth.
Research Nester has released a report titled “Wi-Fi Chipset Market – Global Demand Analysis & Opportunity Outlook 2027” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.Advancements in communication technology have grown multifold.
Continuous research and developments in wireless technology have led to the trade association between The Wi-Fi Alliance and numerous other technology companies for the promotion and development of WiGig or Wireless Gigabit Alliance technology.Request Sample To Learn More About This Report @ https://www.researchnester.com/sample-request-2123With such a technology, wireless communicating devices can transfer data at gigabyte speeds operating over the unlicensed 60GHz frequency band.
Such a factor is anticipated to contribute significantly towards the growth of the global Wi-Fi chipset market.Additionally, rise in the adoption of wireless communication devices globally and the growing IoT market, is also expected to help drive the global Wi-Fi chipset market.
Wi-Fi Alliance, in one of their statistics stated that 4 billion Wi-Fi enabled devices were to be shipped in the year 2018 and 13 billion devices were already in use, calculating to a total of 21 billion devices in the same year.
Moreover, the global economic value of Wi-Fi was recorded to be nearly USD 2 trillion.The global Wi-Fi chipset market is anticipated to record a CAGR of around 4.13% during the forecast period, i.e.
The GSM Association (GSMA) in one of their statistics stated that IoT connections were estimated to peak 25 billion connections from 9 billion connections in-between 2018-2025.Geographically, the global Wi-Fi chipset market is segmented by five major regions into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa region, out of which, Asia-Pacific is anticipated to hold largest market share owing to rise in the adoption of smartphones which is impacted by the growing telecom industry.
