Wireless Chipset Market Size Report, Share, Analysis and Forecast 2031

Coverage: Wireless Chipset Market covers analysis By Connectivity (Wi-Fi Chipsets, Bluetooth, ZigBee Chipsets, Z-Wave Chipsets, and Others); and Application (Consumer Electronics, Industrial Automation, and Others)

  • Report Code : TIPTE00002200
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
Buy Now

Wireless Chipset Market Size Report, Share, Analysis and Forecast 2031

Buy Now

[Research Report]  The wireless chipset market size is expected to grow from US$ 21.9 billion in 2022 to US$ 32.7 billion by 2030; it is anticipated to expand at a CAGR of 5.2% from 2022 to 2030.

Analyst Perspective:

The wireless chipset market is a dynamic and rapidly evolving sector within the technology industry. Some of the critical drivers for the market growth are the growing number of public Wi-Fi hotspots and the adoption of Internet of Things (IoT) across various sectors and regions, the expanding use of Wi-Fi in enterprises and businesses for customer engagement and relationship management, the increasing demand for high-speed data transfer and bandwidth, and broader coverage for connected devices, and the emergence of new Wi-Fi technologies and standards, such as IEEE 802.11be, 802.11ax, 802.11ac, and 802.11ad (WiGig). Some of the critical challenges for the market growth are the decrease in the shipment of tablets and PCs over the last few years, which reduces the demand for Wi-Fi chipsets, the long standardization and certification time for new Wi-Fi technologies and standards, and the increase in coexistence issues with LTE in LTE-U owing to the use of 5 GHz band, which affects the performance and reliability of Wi-Fi chipsets.

Market Overview:

A wireless chipset is a fundamental component integrated within electronic devices, facilitating seamless communication with other wireless-enabled devices. This crucial hardware is prominently utilized across various products, including computers, routers, and wireless devices transmitting or receiving wireless signals. Within a computer system, a wireless chipset empowers the device to establish connections with compatible wireless devices. Without a wireless chipset, a computer equipped solely with an Ethernet card could not verify connectivity with wireless networks. One of the most prevalent types of wireless chipsets commonly employed in computers is the WLAN card, featuring 802.11b or 802.11g wireless technology.

Various factors influence the growth and adoption of the wireless chipset market. One of these factors is the increasing demand for wireless connectivity in a wide range of devices, including computers, routers, and other wireless-enabled devices. This heightened demand is primarily driven by the widespread use of smart devices and the growing Internet of Things (IoT) ecosystem, which necessitates seamless wireless communication. Another significant driver is the continuous advancement of wireless technology, exemplified by the development of faster and more efficient wireless standards such as 802.11ac and 802.11ax (Wi-Fi 6 and Wi-Fi 6E). These technological advancements enable enhanced data transfer rates, improved network capacity, and overall better performance, fueling the need for upgraded wireless chipsets.

Moreover, the increasing adoption of wireless connectivity in industries such as automotive, healthcare, and smart homes has contributed to the expansion of the wireless chipset market. Wireless chipsets are now commonly integrated into vehicles to facilitate in-car connectivity and advanced driver-assistance systems (ADAS). In the healthcare sector, these chipsets enable the utilization of medical devices and telemedicine applications, allowing for remote patient monitoring and seamless data transmission. Furthermore, the growing demand for high-speed internet access and the deployment of 5G networks have created opportunities for wireless chipset manufacturers. The implementation of 5G technology requires advanced chipsets capable of supporting the network's higher data rates and low latency, thus driving the demand for 5G-compatible chipsets.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Wireless Chipset Market: Strategic Insights

Wireless Chipset Market

  • CAGR (2023 - 2031)
    5.20%
  • Market Size 2023
    US$ 23.04 Billion
  • Market Size 2031
    US$ 34.56 Billion

Market Dynamics

GROWTH DRIVERS
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX
FUTURE TRENDS
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX
OPPORTUNITIES
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX

Key Players

  • Atmel Corporation
  • Broadcom Inc.
  • Intel Corporation
  • MediaTek Inc.
  • NXP Semiconductors N.V.
  • Qorvo, Inc.
  • Qualcomm Technologies Inc.
  • Silicon Laboratories, Inc.
  • Sony Corporation

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Connectivity
  • Wi-Fi Chipsets
  • Bluetooth
  • ZigBee Chipsets
  • Z-Wave Chipsets
  • Others
and Application
  • Consumer Electronics
  • Industrial Automation
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Driver:

Rising Demand for High-Speed Internet Access And 5G Networks

The increasing need for high-speed internet access has profoundly impacted the wireless chipset market. As internet-connected gadgets grow and people increasingly rely on online services, there is a strong demand for fast and reliable connectivity. This demand has prompted wireless chipset manufacturers to develop more advanced chipsets capable of delivering higher data transfer rates and improved network performance, meeting the expectations of users who engage in activities such as streaming high-definition videos, online gaming, and utilizing cloud-based applications. The deployment of 5G networks has ushered in a new era of connectivity, categorized by faster speeds, lower latency, and increased network capacity. The capabilities of 5G technology enable a wide range of applications, including smart cities, autonomous vehicles, and industrial automation, which heavily rely on seamless and high-bandwidth wireless communication. Advanced wireless chipsets are of utmost importance to fully harness the potential of 5G networks. These chipsets are specifically designed to support the higher data rates and low latency offered by 5G, allowing devices to leverage the network's capabilities fully. Wireless chipset manufacturers have diligently developed chipsets tailored to 5G networks to meet these demands. These chipsets integrate cutting-edge technologies such as massive MIMO (Multiple-Input Multiple-Output), beamforming, and higher frequency bands. By incorporating these advancements, the chipsets enable faster and more reliable wireless communication. They are optimized to handle the increased data throughput and low latency requirements associated with 5G, ultimately ensuring a seamless user experience.

Segmentation and Scope:

The "Wireless Chipset Market" is segmented based on connectivity, application, and geography. Regarding connectivity, the wireless chipset market is segmented into Wi-Fi, Bluetooth, ZigBee, Z-Wave, and others. Based on application, the wireless chipset market is segmented into consumer electronics, industrial automation, and others. Based on geography, it is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Segmental Analysis:

Based on application, the wireless chipset market is segmented into consumer electronics, industrial automation, and others. The consumer electronics segment holds significant importance within the wireless chipset market. Consumer electronics refers to a wide range of personal and entertainment devices, including smartphones, tablets, laptops, smart TVs, gaming consoles, and wearable devices. Wireless chipsets enable wireless connectivity and communication capabilities in these consumer electronic devices. They facilitate features such as Wi-Fi, Bluetooth, and other wireless technologies, allowing seamless connectivity, data transfer, and communication between devices. The increasing adoption of smart devices drives the demand for high-performance wireless chipsets in consumer electronics, the need for faster data transfer rates, and growing consumer expectations for seamless connectivity and user experience. Wireless chipsets enable wireless communication and connectivity in industrial automation systems. They are utilized in machine-to-machine communication, remote monitoring and control, asset tracking, and sensor networks. These chipsets provide reliable and secure wireless connectivity, enabling real-time data transmission, control, and monitoring of industrial processes. The demand for wireless chipsets in industrial automation is driven by the need for increased efficiency, reduced downtime, improved safety, and the adoption of Industry 4.0 principles. The other segment in the wireless chipset market encompasses various industries and applications beyond consumer electronics and industrial automation. This segment includes sectors such as healthcare, transportation, and smart cities.

Regional Analysis:

Asia Pacific region plays a substantial role in the wireless chipset market. Factors such as the expanding demand for high-speed internet access, the deployment of 5G networks, and the increasing adoption of IoT technology contribute to the region's growth and present numerous opportunities in the wireless chipset market. The Asia Pacific region is home to many internet users, with China being a significant contributor. In 2021, the area witnessed the highest number of internet users globally, indicating a strong demand for high-speed internet access. This demand fuels the need for advanced wireless chipsets to deliver faster data transfer rates and improved network performance. China is critical in the Asia Pacific wireless chipset market, accounting for a substantial market share. The country's extensive use of wireless technologies, particularly in the banking industry, has expanded the wireless chipset market. The growing dominance of smart devices and the growing demand for wireless connectivity across industries further drive the growth of the wireless chipset market.

Key Player Analysis:

Atmel Corporation, Broadcom Inc., Intel Corporation, MediaTek Inc., NXP Semiconductors N.V., Qorvo, Inc., Qualcomm Technologies Inc., Silicon Laboratories, Inc., Sony Corporation, Texas Instruments Inc. are among the key market players profiled in the report.

Recent Developments: 

Companies in the market highly adopt inorganic and organic strategies such as mergers and acquisitions. A few recent key developments are listed below: 

  • In November 2023, MediaTek, a pioneer in adopting Wi-Fi 7 technology, further solidified its position as a leader in the industry by introducing its latest offerings, the Filogic 860 and Filogic 360 solutions. These second-generation additions enhance MediaTek's already extensive portfolio of Wi-Fi 7 solutions, making it the most comprehensive in the industry. With these new solutions, MediaTek aims to expand its platform of state-of-the-art products that leverage the latest advancements in connectivity technology.
  • In September 2023, Intel Corporation and Broadcom Inc. recently collaborated to present an unprecedented demonstration of cross-vendor compatibility in the Wi-Fi 7 domain. The showcase featured an Intel® Core™ processor-based laptop equipped with a cutting-edge Wi-Fi 7 solution, seamlessly connected to a Broadcom Wi-Fi 7 access point. This groundbreaking trial achieved over-the-air speeds exceeding 5 gigabits per second, surpassing previous industry benchmarks. The successful collaboration between these two industry leaders highlights their commitment to advancing wireless technology and demonstrates the potential for future Wi-Fi 7 implementations across various devices and networks.
  • In June 2023, Broadcom Inc. has recently announced the availability of sample products from its second generation of wireless connectivity chipset solutions designed for the Wi-Fi 7 ecosystem. These solutions cater to various applications, including Wi-Fi routers, residential gateways, enterprise access points, and client devices. Introducing these new chips further enhances Broadcom's existing product ecosystem, including their first-generation Wi-Fi 7 chips. The second-generation chips not only provide additional functionality but also expand the market reach of Broadcom's offerings. This announcement signifies Broadcom's commitment to advancing wireless connectivity technologies and meeting the evolving needs of various industries and consumers.

Wireless Chipset Market Report Scope

Report Attribute Details
Market size in 2023 US$ 23.04 Billion
Market Size by 2031 US$ 34.56 Billion
Global CAGR (2023 - 2031) 5.20%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Connectivity
  • Wi-Fi Chipsets
  • Bluetooth
  • ZigBee Chipsets
  • Z-Wave Chipsets
  • Others
By and Application
  • Consumer Electronics
  • Industrial Automation
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Atmel Corporation
  • Broadcom Inc.
  • Intel Corporation
  • MediaTek Inc.
  • NXP Semiconductors N.V.
  • Qorvo, Inc.
  • Qualcomm Technologies Inc.
  • Silicon Laboratories, Inc.
  • Sony Corporation
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Connectivity, and Application

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1. Atmel Corporation
    2. Broadcom Inc.
    3. Intel Corporation
    4. MediaTek Inc.
    5. NXP Semiconductors N.V.
    6. Qorvo, Inc.
    7. Qualcomm Technologies Inc.
    8. Silicon Laboratories, Inc.
    9. Sony Corporation
    10. Texas Instruments Inc.

    Trends and growth analysis reports related to Electronics and Semiconductor : READ MORE..