PUBLISHER: Lucintel | PRODUCT CODE: 1417364
PUBLISHER: Lucintel | PRODUCT CODE: 1417364
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 $12.8 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing penetration of high-speed internet, increasing demands for connectivity in the automobile industry and the growing popularity of smart home automation, along with the advancement of wireless network technologies.
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Wireless Connectivity Chipset by Segment
The study includes a forecast for the global wireless connectivity chipset by type, end use, and region.
List of Wireless Connectivity Chipset Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless connectivity chipset companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless connectivity chipset companies profiled in this report include-
Wireless Connectivity Chipset Market Insights
Lucintel forecasts that Wi-Fi standalone will remain the largest segment over the forecast period growing digitalization across various industries, as well as, growing adoption of digital technology in order to maintain competitiveness, boost productivity, and provide superior customer experiences.
APAC is expected to witness highest growth over the forecast period because of growing demand for internet services, rising 5G smartphone availability and cost, as well as the quick uptake of smartphones in both urban and rural locations in the region.
Features of the Global Wireless Connectivity Chipset Market
Market Size Estimates: Wireless connectivity chipset market size estimation in terms of value ($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.
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.