Global Wi-Fi Chipset Market
Wi-Fi Chipset Market Size And Forecast
According to Verified Market Research, The Global Wi-Fi Chipset Market was valued at USD 18.19 billion in 2019 and is projected to reach USD 23.15 billion by 2027, growing at a CAGR of 3.3% from 2020 to 2027.
Factors influencing the Wi-Fi Chipset Market
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.
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