Wi-Fi 6, Wi-Fi 6E And Wi-Fi 7 Chipset Market
Analysis, Size, Growth, Share, Trend, Forecast 2023
Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Market Growth & Trends
The global wi-fi 6, wi-fi 6E, and wi-fi 7 chipset market size is expected to reach USD 80.88 billion by 2030, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 14.9% from 2023 to 2030. The growing demand for bandwidth capacity among consumers and enterprises for providing support for smart devices is one of the key factors driving the global market.
Increasing trends of e-learning techniques have expanded the deployment of next-generation wireless network infrastructure across several schools, universities, offices, and residents. In addition, accessing undisturbed content during online video streaming services has increased the need and demand for installing wi-fi 6, wi-fi 6E, and wi-fi 7 devices across the globe. Therefore, the increasing adoption of e-learning is expected to fuel the wi-fi 6, wi-fi 6E, and wi-fi 7 chipsets demand from 2022 to 2030.
With the evolution of industry 4.0., manufacturers from various industry verticals such as General Motors Company, BMW Group, Ford Motor Company, Volkswagen Group, and Toyota Group are implementing advanced technologies to transform their manufacturing facilities into smart and intelligent factories. A smart factory integrates numerous intelligent devices such as collaborative robots, IoT sensors, wireless cameras, and automated guided vehicles (AGV) to achieve self-adapting manufacturing capabilities.
Providing seamless connectivity to these devices requires next-generation infrastructure, which is expected to accelerate the adoption of wi-fi 6 and wi-fi 6E devices worldwide. Therefore, it is anticipated to fuel the demand for chipsets over the next seven years.
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Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Market Report Highlights
By device type, the WLAN infrastructure devices segment dominated the overall market with a revenue share of more than 40.8% in 2022. Increasing deployment of Wi-Fi 6 gateways and routers in commercial, residential, and industrial applications propelled the segment growth
The Wi-Fi 7 chipset type segment uses a 4K QAM modulation scheme to increase the throughput value, fuelling the market growth over the forecast period. The Wi-Fi 7 chipset features flexible channel utilization, minimizing the network's interference and enhancing connectivity
Based on volume, Asia Pacific held the largest share of over 33.1% in 2022 owing to the proliferation of smart devices across the region. Moreover, the availability of major electronic manufacturing bases in Japan, China, and South Korea is anticipated to fuel market growth
Increased spending on the deployment of digital infrastructure in the healthcare sector, rising smart city, and smart factory projects have propelled the growth of Wi-Fi chipsets in the U.S.
Several key players operating in the market across the globe are mainly focusing on acquisitions, mergers, and collaborations to strengthen their market presence and expand the overall product offerings
Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Market Segmentation
GrandViewResearchhassegmentedtheglobalwi-fi6,wi-fi6E,andwi-fi7chipset marketbasedonchipsettype,devicetype,application,andregion:
Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)
Wi-Fi6
Wi-Fi6E
Wi-Fi7
Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Device Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)
WLANInfrastructureDevices
ConsumerDevices
o Smartphones/Tablets
o Desktops/Laptops
o AR/VRandWearables
o SmartHomeDevices
o Others
WirelessCameras
IndustrialIoTDevices
ConnectedVehicles
Drones
Others
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Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Application Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)
Residentials/Consumers
Commercial
o Enterprises/Corporates
o Airports
o Stadiums
o Malls/Shops
o Hospitals
o Hotels&Restaurants
o EducationalCampuses
o Others
Industrial
o SmartManufacturing
o Energy&Utility
o Oil&GasandMining
SmartCity
Transportation&Logistics
Government&Defense
Others
Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Regional Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)
NorthAmerica
o U.S.
o Canada
o Mexico
Europe
o U.K.
o Germany
o France
AsiaPacific
o China
o India
o Japan
o Singapore
SouthAmerica
o Brazil
MiddleEast&Africa(MEA)
List of Key Players in the Wi-Fi 6, Wi-Fi 6E, And Wi-Fi 7 Chipset Market
BroadcomInc.
QualcommTechnologies,Inc.
ONSemiconductorConnectivitySolutions,Inc.
IntelCorporation
Celeno
MediaTekInc.
TexasInstrumentsIncorporated
CypressSemiconductorCorporation
STMICROELECTRONICSN.V.
NXPSEMICONDUCTORSN.V.
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The data analysis in the report will help you Wi-Fi 6, Wi-Fi 6E And Wi-Fi 7 Chipset Market dynamics projected from 2022 - 2030
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About Grand View Research
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.