Wi-Fi 6 And Wi-Fi 6E Chipset Market Analysis Report By Chipset Type, By Device Type, By Application, By Region And Segment Forecasts From 2021 To 2028

Synopsis

The global wi-fi 6 and wi-fi 6E chipset market was prized by USD 6.47 billion in 2020. It is estimated to witness 19.7% CAGR from 2021 to 2028.

Drivers

In 2020, the market for wi-fi 6 and wi-fi 6E chipset was worth 968.3 million units, in terms of quantity. The increasing necessity for the superior network bandwidth, in addition to low latency connections though enterprises are the factors, likely to impel the enlargement of the market, for the period of the forecast.

The considerably rising information interchange has stepped up the necessity for advanced network connectivity through numerous verticals like industrial, corporate, plus others. Therefore, it is projected to increase the setting up for wi-fi 6 and wi-fi 6E apparatuses and then demand for their chipsets, within the subsequently seven years.

Effect of Covid-19

The continuing increase of Covid-19 viruses had an unfavorable consequence on the manufacturing of wi-fi 6 and wi-fi 6E chipset, in addition to demand in the global market. By reason of imposed lockdown, a number of manufacturing amenities and international borders were temporarily shut down. Therefore, it had dropped the general manufacturing and supply of wi-fi 6 and 6E chipset, within the global market. Consequently, it has hindered the general development of the market for a small time.

But, as the Covid-19 cases through many nations started falling off, centralized governments loosen up the lockdown standards. For that reason, manufacturing amenities have recommenced with abridged workforce capability to curtail extend of the virus, in Q3 of 2020.

The epidemic has enforced companies to give their staff, work from home amenities. In addition, schools and universities promoted e-learning surroundings. Thus, it is anticipated to increase the general expansion of the market, during the approaching years.

Device Type Insight

The WLAN infrastructure devices sector acquired 40.8% value share of the wi-fi 6 and wi-fi 6E chipset market, in 2020. The greater share of the market is credited to the elevated demand for wi-fi 6 and wi-fi 6E chipsets to connect into next-generation extenders, routers, repeaters and gateways.

The induction of novel wireless standards has powered its demand to incorporate with latest consumer’s devices like AR/VR headsets, smart phones and laptops. The fresh wi-fi 6 technology allows end user devices to back a number of innovative use cases. Mostly, these use cases include cloud sourced flawless video conferencing, gaming, and 4K/Ultra-High Definition (UHD) videos. Therefore, the considerably increasing consumers’ expenditure on innovative as well as sophisticated technologies is predicted to boost the wi-fi 6 chipsets demand, used for end user apparatuses.

Chipset Type Insight

The wi-fi 6 section held above 90.0% value share of the market, in 2020. In contrast, the wi-fi 6E section is likely to achieve quantity of almost 4 billion units in the market by 2028. It is projected to display 40.9% CAGR, during the forecast period.

The noteworthy enlargement is credited to its increasing demand for greater operation network connectivity, permitting multi-users admittance at the same time at steady bandwidth capability.

Speedily rising demand for contemporary devices having the sustaining ability of latest wireless frequency bands for example 6GHz, 5GHz, and 2.4GHz, is additionally anticipated to speed up the acceptance of wi-fi 6 chipsets.

Application Insight

The commercial sector held a large 38.2% value share of the market, in 2020. By means of quantity, the enterprises or corporate sector is likely to accomplish above 1 billion units of wi-fi 6 and wi-fi 6E chipsets by 2028, developing by 22.1% CAGR, during the forecast period. The excessive development is credited to the speedily escalating demand for advanced wireless connectivity through business offices.

Fast developing Internet of Things (IoT) devices have increased their acceptance through a number of business verticals, together with public sector, healthcare, smart city, manufacturing, plus others. In line with the scrutiny by research in 2021, the amount of IoT connections is projected to go beyond 30 billion by 2028. A remarkable increase in IoT connections would necessitate high-pitched internet speed to flawlessly operate as well as communicate.

Consequently, the use for wi-fi 6 and wi-fi 6E apparatuses is projected to observe a gigantic enlargement, during the forecast period. Therefore, it is expected to stimulate demand for its chipsets.

Regional Insight

In 2020, Asia Pacific detained the major, 38.9% share of the wi-fi 6 and wi-fi 6E chipset market, in terms of value. This is credited to the sizeable growth in the funds for developing Wi-Fi 6 and Wi-Fi 6E chipsets facilitated laptops, smart phones, routers, plus others.

The existence of leading manufacturing amenities for wi-fi 6 and wi-fi 6E chipsets through important nations like Singapore, China, South Korea and Japan is anticipated to assist the market in Asia Pacific to increase by 21.6% CAGR, during forecast period.

The U.S. is displaying extraordinary funds in executing the construction of smart houses, smart industries plus smart cities. Then again, the liking for extreme graphics cloud or online gaming is booming between the clients in the U.S. Besides, the nation is rising like a first acceptor of self-driving cars in addition to infrastructure for smart transport. These improvements are anticipated to impel the demand for wi-fi 6 and wi-fi 6E chipset machinery in the U.S. during the forecast period.

Attributable to the current Covid-19 pandemic, a number of nations like Germany, Japan, the U.S., the U.K., and China plus others are insistently doing expenditure on construction of digital healthcare infrastructure. This will help in distant patient check, telemedicine, and remote diagnostics & surgery services. Sequentially, this is estimated to observe a substantial enlargement of the hospital section, during the forecast period.

Companies

Major companies are purposefully concentrating on working together with customers like smart phone manufacturing companies to provide the wi-fi 6 chipsets. Likewise, a small number of major companies are engaged in mergers & acquisitions to make bigger their product range plus increase presence in the market.

Some of the companies for wi-fi 6 and wi-fi 6E chipset market are:

    • NXP SEMICONDUCTORS N.V.
    • Cypress Semiconductor Corporation
    • Media Tek Inc.
    • Intel Corporation
    • Qualcomm Technologies, Inc.
    • STMICROELECTRONICS N.V.
    • Texas Instruments Incorporated
    • Celeno
    • ON Semiconductor Connectivity Solutions, Inc.
    • Broadcom Inc

Report Scope

Segments Covered in the Report

This report forecasts revenue and volume growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the segment and sub-segment from 2019 to 2028. For this study, Million Insights has segmented the global Wi-Fi 6 and Wi-Fi 6E chipset market report based on chipset type, device type, application, and region:

• Chipset Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2028)
    • Wi-Fi 6
    • Wi-Fi 6E

• Device Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2028)
    • WLAN Infrastructure Devices
    • Consumer Devices
        • Smartphones/Tablets
        • Desktops/Laptops
        • AR/VR and Wearables
        • Smart Home Devices
        • Others
    • Wireless Cameras
    • Industrial IoT Devices
    • Connected Vehicles
    • Drones
    • Others

• Application Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2028)
    • Residential/Consumer
    • Commercial
        • Enterprises/Corporates
        • Airports
        • Stadiums
        • Malls/Shops
        • Hospitals
        • Hotels & Restaurants
        • Educational Campuses
        • Others
    • Industrial
        • Smart Manufacturing
        • Energy & Utility
        • Oil & Gas and Mining
    • Smart City
    • Transportation & Logistics
    • Government & Defense
    • Others

• Regional Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2028)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
    • Asia Pacific
        • China
        • India
        • Japan
        • Singapore
    • South America
        • Brazil
    • Middle East & Africa (MEA)