Wireless Connectivity Chipset Trends and Forecast
The future of the global wireless connectivity chipset market looks promising with opportunities in the consumer, enterprise, mobile handsets, automotive, and industrial markets. The global wireless connectivity chipset market is expected to reach an estimated $12.8 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing penetration of high-speed internet, increasing demands for connectivity in the automobile industry and the growing popularity of smart home automation, along with the advancement of wireless network technologies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Wireless Connectivity Chipset by Segment
The study includes a forecast for the global wireless connectivity chipset by type, end use, and region.
Wireless Connectivity Chipset Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Wi-Fi Standalone
• Bluetooth Standalone
• Wi-Fi and Bluetooth Combo
• Low-Power Wireless Ic
Wireless Connectivity Chipset Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Consumer
• Enterprise
• Mobile Handsets
• Automotive
• Industrial
• Others
Wireless Connectivity Chipset Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Wireless Connectivity Chipset Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless connectivity chipset companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless connectivity chipset companies profiled in this report include-
• Broadcom
• Qualcomm Incorporated
• Mediatek
• Intel Corporation
• Texas Instruments Incorporated
• STMicroelectronics
• NXP Semiconductors
• On Semiconductor Corporation
• Infineon Technologies
• Microchip Technology
Wireless Connectivity Chipset Market Insights
Lucintel forecasts that Wi-Fi standalone will remain the largest segment over the forecast period growing digitalization across various industries, as well as, growing adoption of digital technology in order to maintain competitiveness, boost productivity, and provide superior customer experiences.
Within this market, consumer will remain the largest segment.
APAC is expected to witness highest growth over the forecast period because of growing demand for internet services, rising 5G smartphone availability and cost, as well as the quick uptake of smartphones in both urban and rural locations in the region.
Features of the Global Wireless Connectivity Chipset Market
Market Size Estimates: Wireless connectivity chipset market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wireless connectivity chipset market size by type, end use, and region in terms of value ($B).
Regional Analysis: Wireless connectivity chipset market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the wireless connectivity chipset market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless connectivity chipset market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the wireless connectivity chipset market size?
Answer: The global wireless connectivity chipset market is expected to reach an estimated $12.8 billion by 2030.
Q.2 What is the growth forecast for wireless connectivity chipset market?
Answer: The global wireless connectivity chipset market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the wireless connectivity chipset market?
Answer: The major drivers for this market are growing penetration of high-speed internet, increasing demands for connectivity in the automobile industry and the growing popularity of smart home automation, along with the advancement of wireless network technologies.
Q4. What are the major segments for wireless connectivity chipset market?
Answer: The future of the global wireless connectivity chipset market looks promising with opportunities in the consumer, enterprise, mobile handsets, automotive, and industrial markets.
Q5. Who are the key wireless connectivity chipset market companies?
Answer: Some of the key wireless connectivity chipset companies are as follows:
• Broadcom
• Qualcomm Incorporated
• Mediatek
• Intel Corporation
• Texas Instruments Incorporated
• STMicroelectronics
• NXP Semiconductors
• On Semiconductor Corporation
• Infineon Technologies
• Microchip Technology
Q6. Which wireless connectivity chipset market segment will be the largest in future?
Answer: Lucintel forecasts that Wi-Fi standalone will remain the largest segment over the forecast period growing digitalization across various industries, as well as, growing adoption of digital technology in order to maintain competitiveness, boost productivity, and provide superior customer experiences.
Q7. In wireless connectivity chipset market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period because of growing demand for internet services, rising 5G smartphone availability and cost, as well as the quick uptake of smartphones in both urban and rural locations in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the wireless connectivity chipset market by type (Wi-Fi standalone, bluetooth standalone, Wi-Fi and bluetooth combo, low-power wireless IC), end use (consumer, enterprise, mobile handsets, automotive, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Wireless Connectivity Chipset Market, Wireless Connectivity Chipset Market Size, Wireless Connectivity Chipset Market Growth, Wireless Connectivity Chipset Market Analysis, Wireless Connectivity Chipset Market Report, Wireless Connectivity Chipset Market Share, Wireless Connectivity Chipset Market Trends, Wireless Connectivity Chipset Market Forecast, Wireless Connectivity Chipset Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.