IMARC Group, a leading market research company, has recently released a report titled “United States Wi-Fi Chipset Market Report by Product (Smartphones, Tablets, PCs, Access Point Equipment, Connected Home Devices, and Others), Band (Single Band, Dual Band, Tri Band), MIMO Configuration (SU-MIMO, MU-MIMO), and Region 2024-2032.” The study provides a detailed analysis of the industry, including the United States wi-fi chipset market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the United States Wi-Fi Chipset Market?
The United States Wi-Fi chipset market size reached US$ 6.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2032, exhibiting a growth rate (CAGR) of 2% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 6.4 Billion |
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Market Forecast in 2032
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US$ 7.7 Billion |
| Market Growth Rate (2024-2032) | 2% |
United States Wi-Fi Chipset Market Trends and Drivers:
The exponential adoption of the Internet of Things ecosystem is one of the factors responsible for the growth of the United States Wi-Fi chipset market. Additionally, the demand for efficient Wi-Fi connectivity solutions is escalating as more devices are connected, from smart home appliances to industrial sensors, which is fueling the market across the region. Besides this, Wi-Fi chipsets are integral to enabling these connections, providing the necessary hardware for seamless communication between devices. Moreover, the market is positively impacted by the rise of smart cities, and the implementation of advanced infrastructure projects is driving the need for high-performance Wi-Fi chipsets that can support large-scale deployments and handle substantial data traffic.
Another significant driver is the growing adoption of Wi-Fi 6 technology, which offers enhanced speed, capacity, and efficiency compared to previous Wi-Fi standards. This new generation of Wi-Fi is designed to better handle the needs of modern, high-density environments, such as crowded public spaces and enterprise networks, which is acting as another growth-inducing factor. As businesses and consumers seek faster and more reliable internet connections, the demand for Wi-Fi 6 chipsets is on the rise. Furthermore, the ongoing shift towards remote work and online education, accelerated by the COVID-19 pandemic, has heightened the need for robust home networking solutions. This trend has led to increased investments in Wi-Fi infrastructure, which is anticipated to drive the United States Wi-Fi chipset market over the forecasted period.
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What is Included in Market Segmentation?
The report has categorized the market based on product, band and MIMO configuration.
Breakup by Product:
- Smartphones
- Tablets
- PCs
- Access Point Equipment
- Connected Home Devices
- Others
Breakup by Band:
- Single Band
- Dual Band
- Tri Band
Breakup by MIMO Configuration:
- SU-MIMO
- MU-MIMO
Regional Anlysis:
- Northeast
- Midwest
- South
- West
Who are the Key Players Operating in the United States Wi-Fi Chipset Market?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Other Key Points Covered in the Report:
- COVID-19 Impact
- Porters Five Forces Analysis
- Value Chain Analysis
- Strategic Recommendations
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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