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Research delivers insight into the WiFi chipset market forecast to 2022

IT Market Research

A wireless chipset is a piece of internal hardware, a system-on-chip (SoC) that allows a device to communicate with another wireless-enabled device. This Wi-Fi chipset is used in many applications as smart phones, personal computers, laptops and others.

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In this rapidly progressing environment, the growing demand of high-tech electronic products, increasing integration of Wi-Fi into homes and enterprises is contributing in the growth of electronic industry resulting to positive growth in the Wi-Fi chipset market. Developments in computer aided systems; wearable technology, internet of things (IoT), automated technologies are some of the major driving factors of Wi-Fi chipset market.

The study indicates a rising popularity of smart phones, tablets and laptops resulting in demand of high data speeds ultimately increase the demand for Wi-Fi chipsets. Moreover launch of new frequency bands would be a driving factor for the Wi-Fi chipset market.

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The global Wi-Fi chipset market has been segmented on the basis of application, band, and end-user. The Wi-Fi chipset can be available in 3 bands as single, dual and tri bands.

The study indicates that the restraining factor for the Wi-Fi chipset market would be high costs and licensing.

Factors such as the growing integration between Wi-Fi and mobile networks, the development of smart-home technology, the proliferation of Wi-Fi-enabled mobile devices, the emergence of wearable technology, and increasing integration of Wi-Fi into homes and enterprises are likely to boost the Wi-Fi market, driving the demand for Wi-Fi chipsets during the forecast period.

Key trends that the market is experiencing include the emergence of dual-band routers and the evolution of IEEE 802.11 wireless standards. The continuous evolution of IEEE 802.11 wireless standards is an emerging trend that is expected to foster the growth of the market due to improved Wi-Fi network during the forecast period.

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According to the report, some of the key factors that drive the global Wi-Fi chipset market include the increasing popularity of voice over Wi-Fi (VoWi-Fi) and proliferation of smartphones and tablets.

Further, the report states that Wi-Fi networks are considered to be more vulnerable to interception than other mobile and wired networks. These networks are deployed with minimal regard for user authentication, which results in an increased number of users.

This has led to increasing concern about data security and poses a major challenge in the market, as critical personal data is often stored in Wi-Fi-enabled mobile devices.

Key vendors:

- Qualcomm
- Broadcom
- Texas Instruments
- MediaTek
- Intel

Other prominent vendors:

- Infineon
- Marvell
- MediaTek
- Newracom

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