Wi-Fi Chipset Market Size, Share and Industry Report 2021-2026

1. MarketsandMarkets Presents Wi-Fi Chipset Market Size, Share and Industry Report 2021-2026 Wi-Fi Chipset Market by IEEE Standard (802.11be, 802.11ax, 802.11ac), End-use application (Consumer, Smarthome, AR/VR, Networking Devices), Band, MIMO configuration, Vertical and Geography (2021-2026) https://www.marketsandmarkets.com/Market-Reports/wi-fi-chipset-market-42186393.html

2. [235 Pages Report] The Wi-Fi chipset market was valued at USD 19.7 billion in 2020 and is estimated to reach USD 25.2 billion by 2026; it is anticipated to grow at a CAGR of 4.2% during the forecast period (2021–2026). Growing number of public Wi-Fi hotspots, adoption of Internet of Things (IoT), growth of Wi-Fi in enterprise and business, rising need for faster data transfer and significant increase in the internet penetration rate are significant driving factors in the Wi-Fi chipset market during the forecast period. The growth of the Wi-Fi chipset market would also largely depend on the success of new Wi-Fi technologies, including IEEE 802.11ad (WiGig), and 802.11ax standards.  Browse 147 market data Tables and 62 Figures spread through 235 Pages and in-depth TOC on "Wi-Fi Chipset Market with COVID-19 Impact By IEEE Standard (802.11be, 802.11ax, 802.11ac), End-use application (Consumer, Smarthome, AR/VR, Networking Devices), Band, MIMO configuration, Vertical and Geography - Forecast 2026"

3. Growing number of public Wi-Fi hotspots and adoption of IoT The ownership of connected devices across the world is expected to grow at a significantly high rate during the forecast period and is attributed to the growth of IoT. The enormous growth of connected devices would require higher data throughput and bandwidth, and broader coverage, which is likely to increase congestion over the mobile network during the forecast period. To tackle this situation and to make a positive impact on the dynamic telecom environment, the adoption of Wi-Fi hotspot solutions by communication service providers and network operators is expected to rise significantly in the coming years. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42186393 Expanding use of Wi-Fi in enterprises and businesses Enterprises and businesses of all sizes, across segments and verticals, are increasingly shifting toward a Wi-Fi-based customer engagement model. Wi-Fi hotspots at coffee shops, airports, hotels, buses, trains, sports stadiums, and retail stores are used for customer engagement and customer relationship management. The commercial complex that offers free Wi-Fi connectivity is gaining high popularity among consumers. With the enormous growth of connected devices, consumers are focusing on the value of information. A large number of consumers have numerous access points for information and are increasingly relying on mobile devices and the Internet. Retailers are becoming aware of the value of assisting consumers in gathering information and generating customer relationship management systems through Facebook pages, e-mails, and location-based marketing. Moreover, in-store Wi-Fi is becoming more popular among retailers to connect with consumers and facilitate their purchase decision. Mobile devices have changed the way consumers shop in-store.

4. MU-MIMO configuration is projected to witness the highest CAGR for the forecast period MU-MIMO are expected to hold a major share during the forecast period. The growing penetration of MU-MIMO Wi-Fi chipsets in enterprise and consumer access point equipment is expected to be the major driver for its growth during the initial years of commercialization. The adoption of these chipsets in smartphones, 4K TVs, and gaming consoles is expected to accelerate the growth of the MU-MIMO Wi-Fi segment during the latter half of the forecast period. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=42186393 802.11ax to account for largest share of Wi-Fi chipset market during forecast period  802.11ax is expected to witness rapid growth in the overall Wi-Fi chipset market. This standard is expected to offer the highest spectral efficiency among all other existing IEEE 802.11 standards and is predicted to have a top speed of around 10 Gbps (as tested by Huawei Technologies Co. Ltd (China)). However, to meet the emerging demands for faster speed, a new amendment standard—IEEE 802.11be – Extremely High Throughput (EHT), also known as Wi-Fi 7—is anticipated to be released in March 2021. This new additional 6 GHz band with new features, including speeds up to 320-MHz bandwidth, will help achieve the target of EHT—a maximum throughput of at least 30 Gbps. It will find applications in high-throughput and low-latency services, such as 4K/8K video streaming, AR/VR applications, and online gaming.

5. APAC is attributed to grow at the highest CAGR in the Wi-Fi chipset market during ther forecast period (2021-2026) APAC accounted for the largest share of the global Wi-Fi chipset market and is expected to become the largest market for Wi-Fi chipsets by 2026, accounting for an estimated 50% share of the market, in terms of volume There are several consumer electronics product manufacturers operating in China, South Korea, and Japan, such as Samsung Electronics Co. Ltd. (South Korea), Huawei Technologies Co. Ltd. (China), ZTE Corporation (China), and Sony Corporation (Japan). The large pool of consumer electronics manufacturers and low-cost manufacturing of Wi-Fi chipsets in China have led to the largest share of Asia Pacific in the Wi-Fi chipset market.

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