Wi-Fi Chipset Market in Asia -Pacific Expected to Witness the Highest Growth During 2017-2022


Posted January 9, 2019 by robertemma27

Smartphone segment is expected to dominate the Wi-Fi chipset market between 2017 and 2022

 
[182 Pages Report] The Wi-Fi chipset market is expected to be worth USD 19.72 Billion by 2022, at a CAGR of 3.5% between 2017 and 2022. The base year considered for the market estimation of the study is 2016 and the forecast period is between 2017 and 2022.

The growing number of public Wi-Fi hotspots, growth in connected devices ownership, rising demand for WiGig technology, and growth of Wi-Fi technology in enterprise and business are the major drivers for the market.

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Asia Pacific (APAC) held the largest share of the Wi-Fi chipset market in 2016 owing to the extensive presence of major consumer electronics device orginal equipment manufacturers (OEMs) in this region. Moreover, the high penetration of Wi-Fi technology in various industries such as healthcare, retail, and manufacturing in APAC has contributed to the market dominance of this region.


Despite the growth of overall consumer electronics segment in Asia Pacific (APAC), the PCs and tablet shipment is expected to witness a negligible growth in shipment, affected largely by the improved performance of phablet and growing affordability of smartphones. Moreover, the decline in shipment is expected to continue at least for the next couple of years and is attributed to the mature installed base and high replacement cycle of these two products.


Developed countries in Western Europe and North America are expected to witness a significant fall in shipment of tablets during the forecast period. Apart from the declining shipment of tablets and PCs, the enormous growth of mobile devices and the rapid increase in public Wi-Fi networks has increased the threat of many hidden risks such as identity theft, hacking, and jamming. These factors are expected to hinder the growth of the Wi-Fi chipset market during the forecast period

The scope of this report covers the Wi-Fi chipset market on the basis of product category, MIMO configuration, band, IEEE standards, and geography. Among the IEEE standards segment, the IEEE 802.11n led the market in 2016. However, IEEE 802.11n is expected to lose a significant market share to IEEE 802.11ac Wave 1 standard and 802.11ac Wave 2 standard in the overall Wi-Fi chipset market during the forecast period. The IEEE 802.11ac standard allows for theoretical speeds up to 6.9 Gbps in the 5 GHz band.

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The companies covered in this report include Qualcomm Technologies, Inc. (U.S.), MediaTek Inc. (Taiwan), Intel Corporation (U.S.), Texas Instruments, Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Cypress Semiconductor Corporation (U.S.), Marvell Technology Group Ltd. (Bermuda), Samsung Electronics Co., Ltd. (South Korea), Quantenna Communications, Inc. (U.S.), and Peraso Technologies, Inc. (Canada).

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Issued By Emma
Country United States
Categories Electronics , Wireless
Tags wifi chipset market
Last Updated January 9, 2019