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North America Wi-Fi Chipset Market to Eyewitness Massive Growth by 2026: Leading Key Players

Wi-Fi chipsets integrated into IoT devices offer several features such as network security, reduced latency, and high-speed connectivity

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North America Wi-Fi Chipset Market to Eyewitness Massive Growth by 2026: Leading Key Players

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  1. North America Wi-Fi Chipset Market to Cross $5.5 Bn US-dollar by 2026 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Industry Insights: The North America Wi-Fi chipset market is gaining traction owing to the increasing penetration of IoT devices in the region. Wi-Fi chipsets integrated into IoT devices offer several features such as network security, reduced latency, and high-speed connectivity. This increases its adoption in various industry verticals including the consumer electronics, automotive, and IT enterprise sectors, among others. According to the GSM Association, in 2019, the total IoT connections were 2.8 billion in North America, which is projected to surpass the 5.4 billion mark by 2025. The proliferation of IoT connected devices across various industries is expected to amplify the adoption of Wi-Fi chipsets in North America. The IEEE 802.11ay segment is projected to grow at a CAGR of over 15% during the forecast period. The growth is credited to the rising integration of this standard in Wi-Fi 5 modems, gateway devices, and routers. A Wi-Fi chipset with IEEE 802.11ac standard offers high-speed data transmission of up to 600 Mbps on a 2.4GHz frequency band and up to 1.3 Gbps on a 5MHz frequency band. Along with high-speed transmission, it also provides high agility, low latency, and supports multiple data paths, which further fuels its adoption in the North America Wi-Fi chipset market. The MU-MIMO configuration Wi-Fi chipsets shipments is growing at a CAGR of 7% from 2020 to 2026. The rising penetration of media streaming platforms in North America is supporting the MU-MIMO configuration segment growth. MU-MIMO configuration offers low latency and high bandwidth while connecting multiple devices over the North America Wi-Fi Chipset Market. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. The MU-MIMO configuration Wi-Fi chipsets shipments is growing at a CAGR of 7% from 2020 to 2026. The rising penetration of media streaming platforms in North America is supporting the MU-MIMO configuration segment growth. MU-MIMO configuration offers low latency and high bandwidth while connecting multiple devices over the North America Wi-Fi Chipset Market. Get sample copy of this research report @ https://www.graphicalresearch.com/request/1557/sample The smartphone application segment held a market share of over 20% in 2019 and is anticipated to grow at a CAGR of 5% from 2020 to 2026. Growth is attributed to the increasing penetration of 5G technology in the region. According to the GSMA Intelligence Mobile Economy 2020 report, North America is projected to witness 205 million 5G connections by 2025. These connections will mostly be smartphone devices that will require high-end Wi-Fi chipsets to achieve higher data transmission speed over a 5G network. The massive rollout of 5G network in the U.S. will increase the adoption of high-end Wi-Fi chipsets in smartphone applications. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. The U.S. accounted for over 80% market share in 2019 and will grow at a CAGR of 5 % from 2020 to 2026 in the North America Wi-Fi chipset market. Favorable initiatives of the U.S. Federal Government to deploy public Wi-Fi hotspots in the region are fueling the market growth. For instance, in May 2020, the Washington State Department of Commerce added 300 Wi-Fi hotspots in the state to help residents who are unable to access the Internet during the ‘stay-home’ order by the government. The Microsoft and Avista Foundation also announced to support the public hotspot infrastructure development in the Washington State. Such supportive initiatives to expand the public Wi-Fi infrastructure are anticipated to fuel the industry growth. Key players in the North America Wi-Fi chipset market are extensively focusing on continuous research & development activities to provide technically advanced products than their competitors. For instance, in January 2019, MediaTek, Inc. launched the ‘Wi-Fi 6’ chip series with 2x2 and 4x4 MU-MIMO configurations. The new chipset has applications in gateways, routers, wireless access points, and smart home connected devices. Some of the key players in the market are Qualcomm Technologies, Inc., Broadcom, Inc., MediaTek Inc., Texas Instruments, and Intel Corporation. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1557/north-america-wifi-chipset-market Table of Contents: Chapter 1 Methodology and Scope 1.1 Research methodology 1.2 List of data sources 1.2.1 Secondary 1.2.2 Primary Chapter 2   North America Wi-Fi Chipset Market Summary 2.1    North America Wi-Fi chipset market snapshot Chapter 3   North America Wi-Fi Chipset Market Insights 3.1    Industry coverage 3.2    Industry size, 2016 – 2026 3.3    Impact of COVID-19 pandemic ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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