The Wi-Fi chipset market encompasses the production and sale of integrated circuits that enable wireless connectivity. These chipsets are crucial for devices like smartphones, laptops, routers, and IoT devices. With the growing demand for wireless technology and internet connectivity, major players like Qualcomm, Broadcom, and Intel are continuously improving chipsets to support faster speeds and new Wi-Fi standards. As the need for reliable wireless connectivity increases, the Wi-Fi chipset market continues to evolve and innovate.
The report "Global Wi-fi Chipset Market, By Type (802.11n, 802.11ac, and 802.11ad), By Application (Smart Home Devices, Computer Notebook, Desktop PC, and Mobile Phone), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030’’
Key Highlights:
· Qualcomm announced the Qualcomm Immersive Home Systems in October 2020, which are the successors to the company's mesh networking platforms. They're made to deliver gigabit-speed wireless performance to every room in the house in palm-sized packages. These devices are inexpensive enough to appeal to a wide range of consumers. A revolutionary modular design strategy, major breakthroughs in network packet processing technology, and the incorporation of next-generation Wi-Fi 6 and 6E are used to achieve this engineering achievement.
· Qualcomm unveiled a flagship array of mobile connectivity technologies in May 2020, which includes the industry's most powerful Wi-Fi 6E options. The Qualcomm Fast Connect 6900 and Qualcomm Fast Connect 6700 mobile connectivity systems combine Wi-Fi 6 and Bluetooth audio technology to deliver the fastest available Wi-Fi speeds (up to 3.6 Gbps) on a mobile Wi-Fi offering, VR-class low latency, and Bluetooth advancements to deliver immersive audio experiences for classic and emerging LE Audio use cases.
Analyst View:
From an analyst's perspective, the Wi-Fi chipset market is witnessing significant growth due to the widespread adoption of wireless technology and the increasing demand for seamless connectivity. Major players in the industry, including Qualcomm, Broadcom, and Intel, are investing in research and development to enhance Wi-Fi performance and support new standards. With the rise of smart devices and IoT applications, the Wi-Fi chipset market is expected to continue evolving, presenting opportunities for innovation and market expansion.
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Key Market Insights from the report:
Global Wi-Fi Chipset Market accounted for US$ 19.2 billion in 2020 and is estimated to be US$ 29.63 billion by 2030 and is anticipated to register a CAGR of 4.50%. The Global Wi-Fi Chipset Market is segmented based on type, application and region.
· Based on Type, Global Wi-Fi Chipset Market is segmented into 802.11n, 802.11ac, and 802.11ad.
· Based on Application, Global Wi-Fi Chipset Market is segmented into Smart Home Devices, Computer Notebook, Desktop PC, and Mobile Phone.
· By Region, the Global Wi-Fi Chipset Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Wi-Fi Chipset Market:
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The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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