Wi-Fi Chipset Market Size

Wi-Fi Chipset Market Size

Wi-Fi Chipset Market size was valued at more than USD 20 billion in 2022 and is forecasted to record over 4% CAGR from 2023 to 2032. Wi-Fi chipset popularity is expanding due to the growing need for real-time telematics and In-Vehicle Infotainment (IVI) systems in automotive electronics.

With the adoption of technologies like cloud computing and Internet 2.0 at home, the demand for smart home gadgets is increasing, which is driving up the price of Wi-Fi chipsets. The use of Wi-Fi technology in smart home appliances will be accelerated by low-power Wi-Fi conversion, decreased maintenance and operation costs, the availability of gadgets that complement home décor, and one-touch monitoring with improved security. Wi-Fi chipsets integrated into smart home devices reduce neighbor interference, poor CPE (Customer Premise Equipment) placement, and enhance the performance of a number of older devices that only operate at 2.4 GHz.
 

There is a critical need for cyber security as a result of growing issues including wardriving, wireless sniffing, illegal computer access, theft of mobile devices, piggybacking, and other things. Regulations will be highly prioritized when enormous data sets including personally identifiable information are produced by smart gadgets, public hotspots, and other connected devices. Wi-Fi chipsets are intricate assemblies of integrated circuits that carry out numerous tasks while interacting over a wireless network, allowing hackers to snoop on and impede the data. These factors are expected to influence the Wi-Fi chipset market growth over the coming years.