Wi-Fi Chipset Market - By Standard (IEEE 802.11ay, IEEE 802.11ad, IEEE 802.11ax, IEEE 802.11ac, IEEE 802.11n, IEEE 802.11b/G), By MIMO Configuration, By Band, By Application (Smartphone, Tablet, Desktop PC, Laptop, Connected Home Devices) & Forecast, 2023-2032

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.
 

Wi-Fi Chipset Market Analysis

Wi-Fi chipset market share from the SU-MIMO segment is anticipated to surpass USD 500 million by 2032. Over the years, SU-MIMO is growing slowly after the development of new technology with improved features, such as MU-MIMO. Multiple data streams can be sent or received between Wi-Fi devices thanks to SU-MIMO technology. In SU-MIMO, a router, access point, or other device sends multiple data streams to a single endpoint device, such as a phone, laptop, or tablet, all at once. Single User MIMO transmits data to only one device at a time.
 

Wi-Fi chipset market share from the connected home devices segment is expected to record over 5% CAGR from 2023 to 2032. The rising popularity of smart and connected kitchen appliances is anticipated to drive up demand for Wi-Fi chipsets from home appliances. Small appliances like coffee makers, food processors, and blenders that are often built for counters are considered cooking appliances. Smart home appliances are becoming more popular due to consumer lifestyle changes and rising disposable income.
 

Wi-Fi chipset market share from the dual-band segment is predicted to cross USD 25 billion by 2032. Wireless devices used in domestic applications frequently use dual bands. In contrast to a single band, dual-band uses both the 2.4 GHz and 5 GHz frequency bands. By lowering traffic, the use of dual frequency bands increases network speed. The influence of interference from other devices is mitigated by the 5 GHz spectra. The wireless AC technology used by this frequency allows for speeds of up to 5300 Mbps. Additionally, it allows backward compatibility with 802.11n protocol devices.
 

North America Wi-Fi chipset market size amounted to cross USD 4.5 billion in 2022. Sales of connected home devices are growing exponentially due to the expanding use of smart home automation technologies in the region. According to a report from Consumer Device Association, in January 2021, 72% of all American families were expected to have linked at least one connected home device with their home appliances.
 

Wi-Fi Chipset Market Share

• Microchip Technology Inc
• Cypress Semiconductor Corp Intel Corp
• ESPRESSIF SYSTEMS (SHANGHAI) CO LTD
• GCT Semiconductor Inc
• MediaTek Inc
• NXP Semiconductors N.V
• PERASO TECHNOLOGIES INC
• ON Semiconductors Corp
• Qualcomm Technologies Inc
• Broadcom Inc 
• Realtek Semiconductor Corp.

are the major participants prevailing in the global Wi-Fi chipset market. These competitors are concentrating on raising their R&D expenditures for novel product developments and taking part in trade shows to draw in prospective clients and gain more notoriety from this potential market.
 

The market research report of Wi-Fi chipset includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in Units from 2018 to 2032 for the following segments:

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By Standard

• IEEE 802.11ay
• IEEE 802.11ad
• IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E)
• IEEE 802.11ac
• IEEE 802.11n (SB and DB)
• EEE 802.11b/G

By Band

• Single
• Dual
• Tri band

By MIMO Configuration

• SU-MIMO
• MU-MIMO
  • 1x1 MU-MIMO
  • 2x2 MU-MIMO
  • 3x3 MU-MIMO
  • 4x4 MU-MIMO
  • 8x8 MU-MIMO

By Application

• Smartphones
• Tablet
• Desktop PC
• Laptop
• Connected home devices
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Taiwan
• Latin America
  • Brazil
  • Mexico
• MEA
  • GCC
  • South Africa