The major industry verticals of the Wi-Fi chipset market includes
consumer electronics, enterprise, industrial, retail, BFSI, healthcare,
automotive. It is expected to boost the demand for Wi-Fi chipset leading
to USD 25.2 billion opportunity till 2026.
The Wi-Fi chipset
market was valued at USD 19.7 billion in 2020 and is estimated to reach
USD 25.2 billion by 2026; it is anticipated to grow at a CAGR of 4.2%
during the forecast period (2021–2026).
Growing number of public
Wi-Fi hotspots, adoption of Internet of Things (IoT), growth of Wi-Fi in
enterprise and business, rising need for faster data transfer and
significant increase in the internet penetration rate are significant
driving factors in the Wi-Fi chipset market during the forecast period.
Download PDF:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42186393
Qualcomm
Technologies, Inc. (US) is ranked first in the Wi-Fi chipset market,
especially after the exit of Broadcom Corporation (US) from the Wi-Fi
chipset market in 2020. Qualcomm Technologies, Inc. provides numerous
chips, which are manufactured according to the latest IEEE standard. All
such chipset products are used by many consumer device manufacturers
such as D-Link Corporation (Taiwan), Sony Corporation (Japan), Fujitsu
Ltd. (Japan), and Toshiba Corporation (Japan).
Enterprises and
businesses of all sizes, across segments and verticals, are increasingly
shifting toward a Wi-Fi-based customer engagement model. Wi-Fi hotspots
at coffee shops, airports, hotels, buses, trains, sports stadiums, and
retail stores are used for customer engagement and customer relationship
management. The commercial complex that offers free Wi-Fi connectivity
is gaining high popularity among consumers.
Despite the growth of
the overall consumer electronics segment the shipment of PCs and
tablets is expected to witness negligible growth, affected largely by
the improved performance of phablets and falling prices of smartphones.
The low-cost manufacturing of smartphones in China has played an
important role in the increased shipment of smartphones in this region.
No comments:
Post a Comment