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 share, size, 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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United States Wi-Fi Chipset Market Trends and Drivers:
The increasing demand for wireless technology across various sectors, including consumer electronics, automotive, and industrial applications, is one of the factors contributing to the expansion of the United States Wi-Fi chipset market. Additionally, the rise in popularity of smart home appliances, such as security systems, thermostats, speakers, etc., along with the spread of smartphones and tablets with Wi-Fi capabilities, is fueling the market. Besides this, the emergence of the Internet of Things and the drive towards linked infrastructure and smart cities have led to the adoption of advanced Wi-Fi chipsets that can facilitate smooth communication and high-speed data transmission, which is further bolstering the market. Moreover, the need for Wi-Fi chipsets is also significantly escalated by the migration of the automotive industry to connected vehicles, which necessitate dependable and quick Wi-Fi connections for entertainment, navigation, and vehicle-to-everything (V2X) communications, which is contributing to the expansion of the market.
The integration of artificial intelligence and machine learning technologies to enhance network performance and security is further augmenting the United States Wi-Fi chipset market. These advancements are paving the way for smarter Wi-Fi solutions that can predict network issues, optimize traffic flow, and provide enhanced security measures against cyber threats. In addition to this, the increasing adoption of low-power Wi-Fi chipsets for IoT devices, enabling long battery life without compromising connectivity, is acting as another growth-inducing factor. Furthermore, the growing demand for chipsets supporting multi-user multiple-input multiple-output (MU-MIMO) technology, offering smooth connectivity and enhanced user experience, is expected to catalyze the United States Wi-Fi chipset market over the forecasted period.
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.
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