According to the new market research report "Wi-Fi Chipset Market by IEEE Standards
(802.11ay, 802.11ax, 802.11ac Wave 2), Band (Dual Band, Tri-Band), MIMO
Configuration (SU-MIMO, MU-MIMO), Product Category (Smartphones, Tablets, PCS),
and Geography - Global Forecast to 2022", is expected to
grow from USD 15.89 Billion in 2016 to reach USD 19.72 Billion by 2022, at a
CAGR of 3.5% between 2017 and 2022.
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IEEE 802.11ax segment expected to grow at the
highest rate between 2018 and 2022
The Wi-Fi chipset market for 802.11ax is expected to
witness a triple digit growth between 2018 and 2022. Unlike earlier versions of
802.11, 802.11ax is not a standard for upgrading speed. The ability of 802.11ax
to increase throughput enormously makes it one of the most preferred IEEE
standard in the Wi-Fi chipset market. 802.11ax promises consumers a superior
user experience, in all possible scenarios. In 2016, Qualcomm Technologies, Inc.
(U.S.) introduced a prototype of 802.11ax that demonstrates 4x downlink (DL)
user throughput improvement for a given traffic scenario by supporting 4 user
devices to upload data simultaneously. The standardization of 802.11ax is in
progress in IEEE. Draft 1.0 was completed in 2016, and the final specification
is expected to be published by the end of 2018.
Smartphone segment is expected to dominate the Wi-Fi
chipset market between 2017 and 2022
Smartphones
accounted for the largest share of the Wi-Fi chipset market in 2016, and is
expected to maintain its leadership position in this market during the forecast
period. The Internet and connectivity have become an inevitable aspect of
smartphone usage. The usage of smartphones for personal as well as business
applications has resulted in the demand for higher data rates. The high data
usage and download of files on smartphones have generated the need for Wi-Fi to
complement the cellular connectivity, which has led to the adoption of more
advanced technologies such as IEEE 802.11ad standards to be integrated into
smartphones. System on Chip (SoC) have been widely implemented in the mobile
technology because of the increasing competition among market players to launch
smartphones with more functionalities, increased performance, and reduced size.
Key players in the Wi-Fi chipset market see Asia
Pacific as a lucrative region between 2017 and 2022
Asia
Pacific (APAC) includes some of the fastest-growing economies in the world,
such as China and India. The APAC region also includes some technologically
advanced countries, such as Japan, Singapore, South Korea, and Australia. The
rapid growth of the consumer electronics manufacturing industry in China,
Japan, and South Korea, along with the growth of the wireless communication
sector in developing countries of this region, is expected to offer significant
growth opportunities to the Wi-Fi chipset market between 2017 and 2022.
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The
major players in the Wi-Fi chipset market include Qualcomm Technologies, Inc.
(U.S.), Intel Corporation (U.S.), Texas Instruments, Inc (U.S.),
Stmicroelectronics N.V. (Switzerland), Mediatek, Inc. (Taiwan), Samsung
Electronics Co., Ltd. (South Korea), Marvell Technology Group Ltd. (Bermuda)
and Cypress Semiconductor Corporation (U.S.).
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