PUBLISHER: The Business Research Company | PRODUCT CODE: 1695315
PUBLISHER: The Business Research Company | PRODUCT CODE: 1695315
Wireless communication chipsets are integrated circuits specifically engineered to facilitate wireless communication between devices. They perform essential functions such as signal processing, modulation, and encoding, enabling seamless connectivity without the necessity of physical cables or wired connections. These semiconductor devices play a crucial role in enabling various wireless technologies including Wi-Fi, Bluetooth, cellular, and other forms of wireless connectivity.
Wireless communication chipsets encompass a range of technologies essential for enabling device connectivity to wireless local area networks (WLANs) for data transfer and internet access. These chipsets come in different types such as Wi-Fi, WiMAX, wireless video, display, ZigBee, and LTE chipsets. They offer various band configurations including single, dual-band, and tri-band options, available in system-on-chip (SoC) and integrated circuit (IC) formats. These versatile components find application across multiple sectors including consumer electronics, enterprise, industrial, retail, BFSI, healthcare, automotive, and more. Use cases span from consumer devices to networking equipment, mobile robots, drones, AR/VR devices, and mobile point of sale (mPOS) systems.
The wireless communication chipsets research report is one of a series of new reports from The Business Research Company that provides wireless communication chipsets market statistics, including the wireless communication chipsets industry's global market size, regional shares, competitors with a wireless communication chipsets market share, detailed wireless communication chipsets market segments, market trends and opportunities, and any further data you may need to thrive in the wireless communication chipsets industry. This wireless communication chipsets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The wireless communication chipsets market size has grown strongly in recent years. It will grow from $22.53 billion in 2024 to $24.29 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to mobile phone revolution, adoption of Bluetooth in consumer electronics, rise of 3G and 4G networks, demand for GPS-enabled devices, increasing internet penetration.
The wireless communication chipsets market size is expected to see strong growth in the next few years. It will grow to $32.51 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to growth in smart home technology, demand for low-power wireless solutions, rise of edge computing, emergence of wearable technology, deployment of satellite-based communication systems. Major trends in the forecast period include integration of AI (artificial intelligence) and machine learning capabilities, adoption of Wi-Fi 6 and 6E standards, emphasis on energy efficiency in chip design, convergence of multiple wireless protocols, growth of software-defined radio (SDR).
The escalating number of connected devices is poised to drive the expansion of the wireless communication chipset market. Connected devices, encompassing physical objects embedded with sensors, software, and other technologies enabling data exchange and communication over networks, are witnessing a surge globally attributed to heightened consumer demand for connectivity, the proliferation of Internet-enabled devices, and the expansion of Internet infrastructure. Wireless communication chipsets play a pivotal role in facilitating the proliferation of connected devices by enabling seamless and efficient communication between devices, supporting various wireless standards, and enhancing scalability and interoperability within the Internet of Things (IoT) ecosystem. For instance, a report by the Health Sector Cybersecurity Coordination Center (HC3) in August 2022 revealed that approximately 7 billion devices were connected through IoT in 2022, with projections estimating an additional 20 billion devices by 2025, underscoring the catalyst behind the wireless communication chipsets market's growth trajectory.
Key players in the wireless communication chipsets market are intensifying their focus on developing advanced solutions, such as satellite IoT chipsets, to gain competitive advantage. Satellite IoT chipsets, specialized semiconductor chips, facilitate IoT device communication with satellite networks, offering global coverage, low-power operation, and tailored protocols for remote and inaccessible areas. For example, Qualcomm Technologies Inc. introduced the Qualcomm 212S Modem and the Qualcomm 9205S Modem in June 2023, enabling optimized connectivity across satellite and cellular networks, remote monitoring, and advanced asset-tracking capabilities. These solutions represent significant technological advancements by integrating satellite connectivity, ensuring reliable and scalable communication, and expanding connectivity options, thereby fostering market growth and enhancing wireless communication chipsets for applications requiring satellite connectivity in challenging environments.
In March 2024, Concord Acquisition Corp III, a US-based acquisition company, acquired GCT Semiconductor for $667 million. This acquisition allows Concord Acquisition to broaden its portfolio by leveraging GCT Semiconductor's expertise in wireless communication chipsets. GCT Semiconductor Inc., also based in the US, provides advanced LTE chipset solutions for 4G LTE, LPWAN, and 5G wireless communication.
Major companies operating in the wireless communication chipsets market are Samsung Electronics Co. Ltd., Intel Corporation, Qualcomm Technologies Inc., Broadcom Inc., Texas Instruments Inc., MediaTek Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Sony Semiconductor Solutions Group, ON Semiconductor Corporation (Onsemi), Microchip Technology Incorporated, Marvell Technology Group Ltd., Qorvo Inc., Veeco Instruments Inc., Aixtron AG, IQE PLC, Espressif Systems Pte. Ltd., Sequans Communications, Telit Communications PLC, GCT Semiconductor Inc., Filtronic Broadband, XMOS, EnSilica, Peraso Technologies Inc., Blu Wireless Technology Ltd., Pragmatic Semiconductor
Asia-Pacific was the largest region in the wireless communication chipsets market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless communication chipsets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the wireless communication chipsets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The wireless communication chipsets market consists of sales of products such as Bluetooth chipsets, NFC (near-field communication) chipsets, RFID (radio-frequency identification) chipsets, and GPS (global positioning system) chipsets. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Wireless Communication Chipsets Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on wireless communication chipsets market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for wireless communication chipsets ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wireless communication chipsets market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.