Wi-Fi chipset companies design and manufacture the semiconductor components used in wireless networking devices, including Wi-Fi routers, access points, and client devices. These chipsets enable wireless communication and internet connectivity.
*Disclaimer: List of key companies in no particular order
Competitive Landscape of the Wi-Fi Chipset Market
The Wi-Fi chipset market, estimated to reach a value of USD 26.8 billion by 2028, pulsates with a dynamic interplay of established giants and emerging challengers. This interconnected ecosystem, fueled by the relentless march of technology and the ever-growing demand for seamless connectivity, presents a fascinating picture for businesses and investors alike.
Some of the Wi-Fi Chipset companies listed below:
Strategies Adopted By key Players:
These established players are not resting on their laurels. They are actively investing in research and development, focusing on next-generation technologies like Wi-Fi 7, which promises even higher speeds and lower latency. Additionally, acquisitions and strategic partnerships play a crucial role in strengthening their hold. The recent acquisition of Marvell's Wi-Fi and Bluetooth assets by Qualcomm is a testament to this trend.
Factors for Market Share Analysis:
Understanding market share dynamics is crucial for navigating this competitive landscape. Key factors influencing share include:
New and Emerging Companies:
The Wi-Fi chipset market is not a closed club. New players are constantly emerging, bringing fresh perspectives and innovative solutions. Companies like Realtek and STMicroelectronics are pushing boundaries in the low-power and high-integration segments. Additionally, startups like Cerebras Systems and Quantenna are focusing on niche applications like mesh networking and millimeter-wave technology. These newcomers, with their agility and focus on specific areas, pose potential challenges to established players.
Latest Company Updates:
China's Xiaomi introduced the Xiaomi Mi13 Pro, the first smartphone with Wi-Fi 7 support, in 2023. The phone is the first to use Qualcomm's brand-new Snapdragon 8 Gen 2 platform, and it has so far only been made available in China. Qualcomm's Fast Connect 7800 Wi-Fi 7 connection platform is built into Snapdragon 8 Gen 2.
The Helio G36 chipset, which MediaTek, a fabless chip manufacturer, will introduce in 2023 and support for 4G, WiFi 5, and Bluetooth 5.0, is intended for entry-level gaming smartphones in India. The octa-core MediaTek Helio G36 chipset supports up to 8GB of LPDDR4x RAM and has a maximum CPU speed of 2.2GHz when combined with the IMG PowerVR GE8320 GPU. In addition, the new MediaTek G-series chipset enables cameras with up to 50 megapixels and a hardware depth engine for bokeh, while smartphone manufacturers may utilise the Helio G36 to drive displays with up to HD+ 90 Hz.
Wi-Fi Chipset Market Size was valued at USD 22.5 billion in 2021. The Wi-Fi chipset market industry is projected to grow from USD 23.85 Billion in 2022 to USD 35.91 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.02% during the forecast period (2022 - 2030). The rapidly increasing need for improved network bandwidth, low latency communication systems across enterprises, and increased investments in developing next-generation smartphones are key factors driving the Wi-Fi chipset market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The widespread global adoption of the IoT (Internet of Things) in the residential, industrial, and commercial sectors has created a demand for advanced automation, driving demand for wireless chipsets. Automation integration across applications offers improved productivity, adaptability, dependability, high security, increased output, faster processing, more convenient living, and cost-effectiveness. Nevertheless, more Internet of Things connections in various industries is anticipated to propel the wireless chipset market's expansion in the following years. For instance, the European Telecommunications Network Operators' Association (ETNO) reports that there is currently about 16 million Internet of Things connections built into smart buildings across Europe, with the number expected to reach 154 million by the end of 2025.
Furthermore, rising criminal activity, combined with increased government efforts and plans to encourage the setup of advanced real-time surveillance technologies to provide enhanced security, is anticipated to affect wireless chipset market revenue growth. In light of this, automation is likely to increase demand for wireless chipsets on a global scale.
Based on the type, the Wi-Fi Chipset Market segmentation includes Wi-Fi and industrial Wi-Fi. The industrial Wi-Fi segment held the majority share in 2021, accounting for approximately 46–49% of the Wi-Fi Chipset Market revenue. The substantial growth is attributed to the rising demand for high-performance network connectivity, which allows multiple users to access simultaneously at constant bandwidth capacity. Given this context, businesses are utilizing next-generation industrial Wi-Fi chipsets to introduce new capabilities and functionalities to meet their expanding demand. Broadcom, for example, announced the availability of new chipset solutions for the Wi-Fi 7 ecosystem. These services will enhance the user experience by providing low latency, dependable communication, and increased range. Additionally, the adoption of Wi-Fi chipsets is anticipated to rise with the addition of 320 MHz, which doubles the industrial Wi-Fi channel bandwidth, ultimately promoting the expansion of the wireless chipset market.
Figure 2: Wi-Fi Chipset Market, by Type, 2021 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Based on fabrication technology, the Wi-Fi Chipset Market segment includes FinFET, Fdsoi Cmos, silicon-on-insulator (SOI), and Sige. Silicon on Insulator (SOI) dominated the global market in 2021 and is expected to be the fastest-growing segment in the forecast period of 2022-2030. Silicon on Insulator (SOI) has highly integrated plug-and-play capabilities. It is a small-form-factor embedded wireless subsystem that includes a Wireless LAN (WLAN) stack, TCP/IP stack, and supplicant. Numerous benefits, including increased capacity, improved data rates, and power efficiency, are credited with segment growth. These advantages persuade consumer electronics manufacturers to integrate Wi-Fi chipsets into their line of tablets, smartphones, and wearable tech. Organizations are concentrating on increasing wireless communication bandwidth and data transfer rate owing to ongoing IoT fabrication technology advancements.
Based on the die size, the Wi-Fi Chipset Market segmentation includes 28nm, 20nm, 14nm, and 10nm. The 20nm die size segment had the highest market revenue share in 2021 owing to the standard size utilized among global chipset manufacturers. These frames boost network performance while decreasing network interference from other networks. As a result, it is expected to see a tremendous increase in commercial, residential, and industrial applications. The adoption of next-generation WLAN infrastructure is also predicted to rise due to a strong emphasis on delivering superior client services and experiences by bolstering network bandwidth capacity. The demand for 14nm die-size chipsets for these WLAN devices is thus likely to rise.
Based on the application, the Wi-Fi Chipset Market segment includes smartphones, tablets, and PCs. In 2021, the smartphone application segment had the highest market revenue share. Rising 5G deployment initiatives in many countries worldwide are one factor driving the smartphone Wi-Fi chipsets market. With the help of chipsets, smartphone manufacturers have integrated 5G compatibility to support the 5G network. Wi-Fi chipsets are being integrated into smartphones and other wireless communication systems. It has attributed much more to the growth of the IT sector and advancements in wireless connectivity, device combinations, and access point equipment. Smartphones have grown in popularity since they were introduced as a replacement for tablets in the digital market.
By Region, the study provides market insights into Europe, North America, Asia-Pacific, and the Rest of the World. The North American Wi-Fi chipset market is expected to grow at a significant CAGR during the study period, accounting for USD 9.87 billion in 2021, owing to widespread regional Internet of Things adoption (IoT). The increasing use of high-tech smart devices and consumer electronics and the growing use of wireless chipsets encourages further investment in the wireless chipset space. Further fueling the demand for Wi-Fi chipsets in the region is the trend toward industrial automation. The region's reliance on wireless technology is also growing to provide favorable infrastructure to technology companies and other industries and guarantee a stable network across commercial and residential sectors. Furthermore, large wireless companies have a strong presence in North America, making it an important regional market for Wi-Fi chipset technology.
Moreover, the major countries covered in the market report include the United States, Germany, Canada, France, the United Kingdom, Italy, Spain, India, Japan, Australia, China, South Korea, and Brazil.
Figure 3: Wi-Fi Chipset Market SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The European Wi-Fi chipset market is the world's second-largest owing to the growing demand for open-source software and the region's increased prevalence of data security. Smartphone adoption in the United Kingdom and Germany is expected to drive regional Wi-Fi semiconductor chipset market share during the assessment period. This expansion can be attributed to lower prices and advancements in smartphone technology. Additionally, the high consumption of Wi-Fi chipsets by businesses & enterprises, automotive companies, and smart devices, combined with the rising demand for Wi-Fi chipsets by IEEE standards, are driving the smartphone Wi-Fi chipset in Europe. Further, the U.K. Wi-Fi chipset market held the largest market share, and the German Wi-Fi chipset market was the fastest-growing market in the European region.
The Asia Pacific Wi-Fi chipset market is expected to grow at the fastest CAGR during the forecast period, owing to the presence of many Wi-Fi chipset manufacturing companies and the use of Wi-Fi chipsets in finished products. In addition, it is anticipated that increased government adoption of public hotspots in developing nations like Japan, South Korea, China, Singapore, and India will drive the Wi-Fi device market demand during the forecasting years. As a result, China accounted for most of the Asia Pacific wireless chipset market. By IEEE standards, China will be the top country producing Wi-Fi chipsets in 2023. In addition, the Asia-Pacific region's expanding adoption of wi-fi technology in education, healthcare, retail, and other sectors has significantly contributed to the market's expansion.
Key Wi-Fi chipset manufacturers strategically collaborate with end-use clients such as smartphone manufacturers to supply Wi-Fi 6e chipsets. Major players focus on product launches, collaborations, partnerships, and R&D activities to stay competitive and gain market share. Key wireless chipset industry players invest in product innovation to meet the changing demands of the Wi-Fi devices sector.
Broadcom Inc is an American semiconductor and infrastructure software product designer, developer, and manufacturer. Broadcom's products are used in data centers, networking, software, broadband, wireless, storage, and industrial applications. In January 2021, Broadcom Inc. and Apple Inc. entered into a partnership and agreement. The strategic alliance aimed to provide Broadcom Inc's wi-fi 6e chipsets to Apple Inc.'s smartphones, laptops, and iPads. The supply agreement for the chipset is worth USD 15 billion. In addition to Apple Inc, Broadcom Inc also supplies the wi-fi s chipsets for Samsung devices, such as the Galaxy 10 and Galaxy Note 10. Broadcom Inc. has given Samsung over 150 million wi-fi 6e chipsets until February 2021.
Marvell Technology Inc is an American company based in Santa Clara, California, that develops and manufactures semiconductors and related technology. In May 2021, NXP Semiconductors paid $ 1.76 billion for Marvell's wireless connection business. The strategic acquisition includes Marvell's Bluetooth and Wi-Fi (including wi-fi 6e) technology portfolios and related assets. Additionally, the acquisition will give NXP access to a wider range of wi-fi s chipsets for important application areas like industrial automation, IoT, and automotive.
Qualcomm Technologies Inc (US)
Mediatek Inc (Taiwan)
Intel Corporation (US)
STMicroelectronics NV (Switzerland)
Cypress Semiconductor Corporation (US)
Taiwan Semiconductor Manufacturing Co. Ltd (Taiwan)
Global Foundries (US)
Broadcom Inc (US)
Marvell Technology Group Ltd (Bermuda)
Quantenna Communications Inc (US)
Peraso Technologies Inc (Canada)
Texas Instruments Inc (US)
Samsung Electronics Co Ltd (South Korea)
United Microelectronics Corporation (Taiwan)
January 2020: Qualcomm introduced several 6e Hz Wi-Fi products, including two mobile platforms and four networking chipsets.
June 2020: InnoPhase has joined the STMicroelectronics Partner Program to provide the industry's lowest-power Bluetooth and Wi-Fi Low energy modules for IoT devices.
Wi-Fi
Industrial Wi-Fi
FinFET
Fdsoi Cmos
Silicon on Insulator (SOI)
Sige
28nm
20nm
14nm
10nm
Smartphone
Tablets
PC
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
Wi Fi Chipset Market Highlights:
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