Wi-Fi Chipset Industry Data Book - Wi-Fi 6, Wi-Fi 6E and Wi-Fi 7 Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030
The global Wireless Fidelity 6 market generated over USD 9.90 billion revenue in 2021 and is projected to expand at a CAGR of around 4.6% during the forecast period to reach USD 24.10 billion by 2030.
Wi-Fi Chipset Industry Data Book Coverage –
Wi-Fi Chipset Industry Data Book Coverage Snapshot
Markets Covered | ||
Wi-Fi Chipset Industry | ||
Wi-Fi 6 Market Size USD 9.90 billion in 2021 4.6% CAGR (2022-2030) | Wi-Fi 6E Market Size USD 2.37 billion in 2021 27.0% CAGR (2022-2030) | Wi-Fi 7 Market Size USD 0.22 billion in 2021 106.2% CAGR (2022-2030) |
Access the Global Wi-Fi Chipset Industry Data Book, 2023 to 2030, compiled with details like market sizing information forecasts (2019-2030), key players competitive benchmarking analysis, government regulatory data, macro-environmental analysis, and technological framework studies
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.
Wi-fi 6, wi-fi 6E, and wi-fi 7 devices support multi-user, multi-input multi-output communications (MU-MIMO). The wi-fi 6 and 6E technology operates on the 6GHz band that can handle up to 12 upstream and downstream data streams on various frequency bands, such as 5GHz, 2.4GHz, and 6GHz. The wi-fi 7 technology using its 320MHz channel provides a high-speed advantage as compared to wi-fi 6 and 6E technology. With the notable investment opportunities in the smart cities globally, the next-generation wi-fi chipset-enabled devices would play a pivotal role in catering to the growing need for integrated internet connectivity for the mass population situated in public venues such as railway stations, bus stands, and airports. Thus, it is expected to bolster global market growth from 2022 to 2030.
Initially, in the 1st and 3rd quarters of 2020, the COVID-19 outbreak affected the production and supply chains for the wi-fi chipsets globally. The primary reason for this is the lockdown implemented by the governments across key countries such as the U.K., the U.S., Germany, and China. These lockdowns have forced the companies to temporarily shut down their manufacturing facilities and initiated restrictions on international travel. However, in the latter Q3 of 2020, the governments across many countries have provided certain relaxations in the lockdown, which has helped companies significantly recover the economic losses that happened during the Covid-19 times. Thus, it is expected to increase the overall market growth in the next seven years. Moreover, the high investments in the healthcare industry to create digitally advanced network infrastructure is further expected to drive the global market.
Order your copy of the Free Sample of “Wi-Fi Chipset Industry Data Book - Wi-Fi 6, Wi-Fi 6E and Wi-Fi 7 Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research
Competitive Landscape
Key players operating in the wi-fi chipset industry are –
- Intel Corporation
- Qualcomm Technologies, Inc.
- Broadcom Inc
- Celeno
- Mediatek Inc.
- Nxp Semiconductors N.V. Cypress Semiconductor Corporation
- On Semiconductor Connectivity Solutions, Inc.
- STmicroelectronics N.V.
- Texas Instruments Incorporated
Grand View Research’s wi-fi chipset Industry data book is a collection of market sizing information forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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