Wifi Chipset: Key market research findings
- Emergence of dual-band routers and IEEE 802.11 wireless standards
- Increasing popularity of voice over wifi
Technavio has released a new market research report on the global wifi chipset market, which is expected to grow at a CAGR of 4% between 2016 and 2020. Currently, the wifi chipset market is witnessing the advent of the 5th Wi-Fi generation, the 802.11ac with MIMO. This technology offers improved speed of up to 1.3 GHz over long distances and broad frequency channel of 80MHz. APAC is expected to be the fastest-growing region in the global wifi chipset market, accounting for 33% of the total market share by 2020. Much of this region’s growth comes from the significant growth in data usage. Network integrators in this region are adopting carrier wifi equipment as an efficient and low-cost solution to manage data traffic.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“A large number of vendors are focusing on developing dual-band router, to avoid overcrowding of Wifi usage. These routers consist of two different types of wireless radios to support connections on both 2.4GHz and 5GHz. These routers allow users to pick and connect to the strongest Wi-Fi signal. Also vendors are coming up with IEEE 802.11 wireless standard, which offers fast speed, high signal range, and less interference,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research
Voice over wifi is gaining huge popularity among consumers who are very much dependant on applications such as Skype, WhatsApp, Google Voice, and Viber for video calling. VoWi-Fi enables mobile phone users to make a video call using the same phone number as well as the same smartphone interface over any cellular network or Wi-Fi network. Factors such as the growing integration between Wi-Fi and mobile networks, the development of smart-home technology, the proliferation of Wi-Fi-enabled mobile devices, the emergence of wearable technology, and increasing integration of Wi-Fi into homes and enterprises are likely to boost the Wi-Fi market, driving the demand for Wi-Fi chipsets during the forecast period.
The leading vendors in the global wifi chipset market are Qualcomm, Broadcom, Texas Instruments, MediaTek and Intel. This market is highly competitive and diversified due to the presence of large and small vendors. The market vendors compete on the basis of four major factors: price, innovation, quality, and performance. Intense competition prevails in this market, owing to the rapid pace of technological innovations and R&D investments by major players. Growing dominance of key vendors in the market has deterred the entry of new players.
A more detailed analysis is available in the Technavio report, Global Wifi Chipset Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
- Global WLAN Market 2016-2020
- Global Outdoor Wi-Fi Market: Research Analysis 2015-2019
- Global Outdoor Wi-Fi Equipment Market 2014-2018
Further reading:
Smart Cities, Dual-Band Routers and IEEE Standard Evolution Will Make Outdoor Wi-Fi a Global Reality
