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Wi-Fi Chipset Market Set to Surge, Expected to Reach USD 25.2 Billion by 2026

The global Wi-Fi Chipset market is gearing up for substantial growth, projected to achieve a staggering valuation of USD 25.2 billion by 2026. <br><br>Having been valued at USD 19.7 billion in 2020, this market is anticipated to grow at a noteworthy Compound Annual Growth Rate (CAGR) of 4.2% from 2022 to 2027, underscoring its pivotal role in advancing wireless connectivity solutions worldwide.

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Wi-Fi Chipset Market Set to Surge, Expected to Reach USD 25.2 Billion by 2026

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  1. MarketsandMarkets Presents Wi-Fi Chipset Market Set to Surge, Expected to Reach USD 25.2 Billion by 2026 Wi-Fi Chipset Market by IEEE Standard (802.11be, 802.11ax, 802.11ac), End-use application (Consumer, Smarthome, AR/VR, Networking Devices), Band, MIMO configuration, Vertical and Geography https://www.marketsandmarkets.com/Market-Reports/wi-fi-chipset-market-42186393.html

  2. The global Wi-Fi Chipset market is gearing up for substantial growth, projected to achieve a staggering valuation of USD 25.2 billion by 2026. Having been valued at USD 19.7 billion in 2020, this market is anticipated to grow at a noteworthy Compound Annual Growth Rate (CAGR) of 4.2% from 2022 to 2027, underscoring its pivotal role in advancing wireless connectivity solutions worldwide. Browse 147 market data Tables and 62 Figures spread through 235 Pages and in-depth TOC on "Wi-Fi Chipset Market - Global Forecast to 2026"

  3. Wi-Fi Chipset: Pioneering Connectivity Evolution • The Wi-Fi Chipset market plays a pivotal role in shaping the global landscape of wireless connectivity, facilitating seamless internet access across an array of devices and industries. Key factors driving the market's expansion include: • Escalating Connectivity Demands: With the surge in smart devices and the expansion of IoT ecosystems, there's an increasing need for robust, high-speed Wi-Fi connections, propelling the demand for advanced Wi-Fi chipsets. • Advancements in Wi-Fi Standards: The imminent arrival of 5G technology and the evolution of Wi-Fi standards, such as Wi-Fi 6 and beyond, are driving the need for more efficient and powerful Wi-Fi chipsets to meet evolving connectivity demands. • Diverse Applications: Wi-Fi chipsets find extensive applications across various sectors, including smartphones, smart homes, automotive, healthcare, and industrial IoT, fueling connectivity advancements in diverse industries. • Get instant 5% discount: https://www.marketsandmarkets.com/discountreports.asp?id=42186393 • Offer limited to November month only - Hurry up, secure your copy today

  4. Market Growth and Forecasts: • The Wi-Fi Chipset market is primed for substantial growth, expected to reach USD 25.2 billion by 2026. This projected trajectory, featuring a robust CAGR of 4.2%, signifies the market's pivotal role in meeting the escalating demands for reliable and high-speed wireless connections. • Key Market Highlights: • Adoption of Wi-Fi Standards: The market encompasses chipsets compatible with different Wi-Fi standards, such as Wi-Fi 4, Wi-Fi 5, Wi-Fi 6, and forthcoming standards, offering enhanced performance and connectivity capabilities. • Industry Impacts: Wi-Fi chipsets drive connectivity in various sectors, enabling high-speed wireless connections in smartphones, laptops, IoT devices, smart homes, and enterprise networks. • Global Penetration: The market's influence spans across regions worldwide, with North America, Europe, Asia-Pacific, and other areas embracing Wi-Fi chipsets to address the burgeoning demand for seamless connectivity. • Download PDF Brochure: • https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42186393

  5. Wi-Fi Chipset Market Key Players The market was dominated by Wi-Fi chipset companies such as Qualcomm Technologies, Inc. (US), Broadcom Inc. (US), MediaTek Inc. (Taiwan), Intel Corporation (US), Texas Instruments Incorporated (US). Qualcomm Technologies, Inc. (US) 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). The company launched various new products. For instance, in January 2020, the company introduced the new QCA6595AU, Automotive Wi-Fi 5, and Bluetooth combination chip in its Wi-Fi product portfolio. This chip is designed to reach 1 Gbps and is complementary to the Qualcomm Automotive Wi-Fi 6 dual-MAC chip, the QCA6696, which can reach nearly 1.8 Gbps of throughput. The company also adopted the acquisition strategy. For instance, in August 2015, the company acquired Ikanos Communications, Inc. (US), a provider of semiconductor and software products for home use. This acquisition would expand the hold of Qualcomm Technologies, Inc. in the carrier Wi-Fi and wired connectivity segment.

  6. About MarketsandMarkets MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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