Global Wi-Fi Chipset Market
Global Wi-Fi Chipset Market Size, Share, Growth, Trends, Opportunities And Forecast
According to Verified Market Research, The Global Wi-Fi Chipset Market was valued at USD 14,066.7 Million in 2012 and is projected to reach USD 21,766.8 Million by 2025, growing at a CAGR of 3.5% from 2013 to 2025.
A Wi-Fi semiconductor chipset is part of internal hardware which is designed in such a way to allow the device to communicate with another wireless technology-enabled device. This kind of Wi-Fi semiconductor chipset can be found in a variety of wireless devices such as smartphones, personal computers, laptops, etc. Apart from these devices, Wi-Fi semiconductor chipset also has a major application in various automation system such as industrial & home automation. The access points have different configurations. 1X1 configuration the most affordable platform and is generally used in simpler devices such as smartphones, tablets, and generic modems. However, High-end devices prefer 2X2 or 4X4 configuration which enables data transfer at a faster speed.
Factors that are driving the growth of the market include growing demand for WIGIG in wireless technology. The Wireless Gigabit Alliance (WiGig) was a trade association that developed and promoted the adoption of multi-gigabit per second-speed wireless communications technology operating over the unlicensed 60 GHz frequency band. The alliance was subsumed by the Wi-Fi Alliance in 2013. This Alliance consists of famous technology companies, including Cisco, Dell, Huawei Technologies, Intel, Apple, Microsoft, NEC, NVIDIA, etc. WiGig technology is more advanced in terms of speed and data transfer as compared to Wi-Fi.
Another factor that is expected to benefit the market is the heavy utilization of WIFI in the public and private sectors. With the increasing demand for wireless connectivity, the public and private sector both, are working towards making internet connectivity more accessible in the community. Public Wi-Fi is a great opportunity for governments to connect entire cities. Smart cities deploying free Wi-Fi are largely increasing and as a result, can effectively empower their communities with better services. Another advantage that public Wi-Fi access brings for the community is education facilities in a more accessible form. Those who can’t afford internet at home, can benefit from a free connection and use it to access public services, look for jobs and access professional educational databases.
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