Wi-Fi Chipset Market Overview
A wireless chipset is called a hardware component or a system-on-chip that allows a device to communicate with other wireless devices. The hardware components like external wireless local area network (WLAN) cards or WLAN adapters extensively use wireless (Wi-Fi) chipsets. This usage is highly driving the Wi-Fi Chipset Market . The Wi-Fi chipset is used for several applications such as smartphones, personal computers, and laptops. These Wi-Fi chipsets are often available based on three operating bands such as single, dual, and tri bands. Some innovative developments of advanced technology are propelling the Wi-Fi Chipset Market, such as the Developments of the Internet of Things (IoT), automation technologies, computer-aided systems, wearable technology, and other advanced developments are boosting up the market's growth.
Wi-Fi chipsets are specially designed for working with a specific type of microprocessor. These components control communications between the processor and an external device. The rapid growth of industrialization and the development of semiconductors and electronic devices are propelling the market's demand. The rapid adoption of high-power electronic products and the increase in the integration of Wi-Fi broadbands in homes and enterprises are positively contributing to the growth of the electronic industries, which is leading to a positive impact on the Wi-Fi Chipset Market. There are other growth factors that are driving the growth rate of the market. One of the major factors is the development of the automotive sectors will propel the market's demand with rising opportunities.
The Wi-Fi Chipset Market is estimated to register a CAGR of 6.02% during the forecast period.
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Wi-Fi Chipset Market Segmentation
The Wi-Fi Chipset Market is segmented based on type, fabrication technology, and size. The type segment of the market consists of Mobile Wi-Fi, Industrial Wi-Fi, and others.
The mobile Wi-Fi segment is considered the dominating segment as it has held the largest market share in recent years. It will continue its growth consistency during the forecast period. It is a pocket-sized wireless device that connects multiple wireless gadgets to the Internet by creating Wi-Fi. Therefore, it is also called Mi-Fi. The mobile Wi-Fi hotspots are further divided into small and larger ones. Industrial Wi-Fi is called a set of connected devices set up for machines to directly communicate with each other through an access point.
The market is bifurcated into FinFET, FDSOI CMOS, Silicon On Insulator (SOI), and Sige based on fabrication technology. The die size comprises 28nm, 20nm, 14nm, 10nm, and others. The application segment is categorized into smartphones, tablets PC and others.
Wi-Fi Chipset Market Regional Analysis
The geographical status of the Wi-Fi Chipset Market shows the major regions covered by the market, such as North America, Europe, Asia-Pacific, Middle East Africa, and South America. Among these, the North American region is the dominant region due to the established infrastructure and ownership of Wi-Fi smartphones and tablets in this region.
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Industry News
Low Power Wi-Fi Chipset is enabled for precise location tracking; Infineon and Deeyook are the key players who continue the trend to allow warehouses to track items and employees down for exact locations. Both companies fuse Deeyook's ultraprecise, innovative algorithms into Infineon's best-in-class, low-power AIROC Wi-Fi portfolio to enable an accurate, passive, ubiquitous, and efficient location solution.
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