PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1326571
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1326571
Global Wi-Fi Chipset Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. A Wi-Fi chipset, also known as a wireless chipset, refers to the integrated circuit (IC) or set of electronic components that enable wireless communication over Wi-Fi networks. It is a crucial component found in various devices such as smartphones, laptops, tablets, routers, and other wireless-enabled devices. The Wi-Fi chipset typically consists of a transceiver, which handles the transmission and reception of wireless signals, and a baseband processor, responsible for encoding and decoding the data transmitted over the Wi-Fi network. The Wi-Fi Chipset Market is expanding because of factors such as rising Growing number of public Wi-Fi hotspots, Growing machine to machine connections, Increasing Internet Penetration Rate.
The Organisation for Economic Co-operation and Development survey estimates that by 2025, there will be 1,262.47 million homes with computers. Computer homes are those that have at least one computer. The market participants will have the chance to diversify their Wi-Fi chipset product offerings, boost their regional presence, and gain market share as a result of the enormous rise in the usage of computers. Furthermore, according to Statista, As of 2022, the number of internet users across the globe was 5.3 billion, which was up from 4.9 billion in the year 2021. Thus, the rising number of internet users is further favouring the market growth. In addition, Application advancements of Wi-Fi in AR and VR and use of Wi-Fi technology in indoor and outdoor location systems is creating a lucrative opportunity to the market. However, network security and complexities related to network management stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Wi-Fi Chipset Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 factors such as rising 5g connection, rising internet penetration, and dominance of key market players in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising number of internet users, rising adoption of computers, and rising internet industry in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Protocol Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable