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The Wireless Chipset Market size is estimated to grow at a CAGR of 4.35% between 2022 and 2027. The market size is forecast to increase by USD 17,079.64 million. The growth of the market depends on several factors, including the rise in demand for smartphones, increasing adoption of smart city initiatives and connected devices, and growing demand for connectivity in rural and remote areas. A wireless chipset refers to a hardware component within a device that enables wireless communication. It integrates various functions related to wireless connectivity, including Wi-Fi, Bluetooth, NFC, or cellular capabilities, into a single compact module. The chipset includes a combination of processors, transmitters, receivers, and other components necessary for wireless communication. It allows devices like smartphones, laptops, routers, and IoT devices to establish wireless connections and exchange data with other devices or networks wirelessly, facilitating seamless connectivity and communication.
This wireless chipset market report extensively covers market segmentation by application (computers and laptops, smartphones and wearable, routers, in-vehicle infotainment systems, and others), type (Wi-Fi chipsets, wireless display/video chipsets, WiMAX chipsets, LTE chipsets, and ZigBee chipsets), and geography (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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One of the key factors driving the wireless chipset market growth is the growing demand for connectivity in rural and remote areas. There has been an increase in demand for reliable and high-speed connectivity, especially in rural and remote areas. It has resulted in the significant growth of the global wireless chipset market as it provides an efficient, cost-effective, and reliable means of offering wireless connectivity to these areas.
Moreover, the wireless chipset technology has the ability to offer a wireless solution for last-mile connectivity in rural and remote areas as well as provide high-speed data transmission over long distances without the requirement for any physical cables or fiber optic networks. As a result, wireless chipset becomes the best option for offering connectivity to areas where it would otherwise be difficult or costly to lay cables Hence, such factors are expected to drive market growth during the forecast period.
A key factor shaping the wireless chipset market growth is the integration of AI in wireless chipsets. The integration of AI in chipsets improves their capabilities, facilitating devices to execute sophisticated tasks and make intelligent decisions locally. As a result of this integration with AI, it opens up new opportunities and applications across different industries fuelling the demand for advanced wireless chipsets.
Additionally, the rising adoption of AI-powered devices and applications is one of the key factors positively impacting the market growth. Furthermore, there is significant implementation of AI algorithms and machine learning (ML) techniques in various devices such as smartphones, smart home devices, wearables, and industrial sensors. Hence, such factors are expected to drive market growth during the forecast period.
Complications of patterns and functional defects in the manufacturing process are one of the key challenges hindering the wireless chipset market growth. Small dust particles significantly impact the overall wireless chipset manufacturing and fabrication process. As a result, such processes can be executed only in clean rooms and with clean equipment for manufacturing. Additionally, manufacturing defects can lead to disruptions in the supply chain and result in an extra loss in the form of the cancelation of orders.
Furthermore, there is an increase in the complexity of wireless chipsets due to the increasing need for their size reduction and high density. Additionally, the manufacturing process might require new equipment as the shrinkage in the node becomes complex. Hence, such factors are expected to hinder market growth during the forecast period.
The computers and laptops segment is estimated to witness significant growth during the forecast period. Wireless chipsets play an essential role in facilitating wireless connectivity and improving the functionality of computers and laptops. Wi-Fi connectivity in computers and laptops is one of the main applications of wireless chipsets. Wi-Fi chipsets are embedded in most modern laptops and computers enabling users to connect to wireless networks and access the Internet without the need for physical Ethernet cables. Hence, there is an increase in Wifi-chipsets as there is an increase in remote work culture which requires wireless connectivity for their daily tasks.
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The computers and laptops segment was the largest segment and was valued at USD 20,498.23 million in 2017. Bluetooth connectivity is another significant application of wireless chipsets as it facilitates users to connect their computers or laptops to Bluetooth-enabled devices such as speakers, headphones, keyboards, and mouse wirelessly. Therefore, it enables a wireless and smooth user experience. Chipsets supporting technologies such as Mracast or WiDi enable users to wirelessly mirror their computer or laptop screens onto larger displays, such as TVs or projectors, without the need for cables. Mracast or WiDi are some of the chipset-supporting technologies which allow users to wirelessly mirror their computer or laptop screens onto larger displays, such as TVs or projectors, without the requirement for cables. It can be widely used for presentations, video conferencing, gaming, and other multimedia purposes. Hence, such applications are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.
The rising digitalization is fuelling the growth of the Wi-Fi chipset segment which, in turn, increases the market growth. A Wi-Fi chipset is an essential component in wireless communication devices, facilitating the devices to connect to wireless local area Wi-Fi networks. Several electronic devices such as smartphones, tablets, laptops, routers, smart home devices, and IoT gadgets are equipped with WiFi chipsets. One of the main reasons which is fuelling the growth of this segment is the rising digitalization across various industries. Over the years, there is an increasing shift towards digital technologies to stay competitive, improve operational efficiency, and offer better customer experiences. Hence, such factors are expected to fuel the demand for this segment which in turn will drive the market growth during the forecast period.
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APAC is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The main factor which is significantly contributing to the growth of the global wireless chipset market in APAC is the presence of several prominent market players such as Taiwan Semiconductor Manufacturing, United Microelectronics, Samsung, and Semiconductor Manufacturing International. There is an increasing investment by these manufacturers to build new fabs.
For instance, in December 2020, Qualcomm Technologies, Inc., LG Uplus, and LG Electronics announced that they had successfully deployed South Korea's first 5G mmWave network using a commercial 5G smartphone at the Kumoh National Institute of Technology (KIT). Furthermore, one of the largest consumer segments of semiconductor devices is in APAC contributing to more than 50%of the total revenue of the semiconductor industry. The main reason for this growth is due to the presence of several dominant players such as Samsung, Toshiba, and Panasonic. Hence, such factors are expected to drive market growth in the region during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global wireless chipset market witnessed a significant slowdown due to the temporary closure of manufacturing facilities of wireless chipsets in APAC. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the resumption of supply chain operations of wireless chipsets. Such factors are expected to drive the market during the forecast period.
The wireless chipset market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Wireless Chipset Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Accton Technology Corp: The company offers wireless chipset such as AR9580 Wi-Fi 5 module, the AR9535 Wi-Fi 4 module, and the AR9331 Wi-Fi 3 module
ALE International: The company offers wireless chipset such as AL9220 Wi-Fi 6E module, the AL8801 Wi-Fi 6 module, and the AL7240 Wi-Fi 5 module.
ASUSTeK Computer Inc: The company offers wireless chipset such as Intel AX201 Wi-Fi 6 adapter, the Realtek RTL8822CE Wi-Fi 5 adapter, and the MediaTek MT7612U Wi-Fi 4 adapter.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The wireless chipset market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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Wireless Chipset Market Scope |
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Report Coverage |
Details |
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Page number |
193 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.35% |
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Market growth 2023-2027 |
USD 17,079.64 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
3.27 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 44% |
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Key countries |
US, Canada, China, South Korea, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Accton Technology Corp., ALE International, ASUSTeK Computer Inc., Broadcom Inc., Cisco Systems Inc., EDIMAX Technology Co. Ltd., Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corp., Juniper Networks Inc., MediaTek Inc., Microchip Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Skyworks Solutions Inc., Sony Group Corp., STMicroelectronics International N.V., and Texas Instruments Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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