Wi-Fi Chipset Market Size

Wi-Fi Chipset Market size was valued at USD 30.58 billion in 2024 and is projected to exceed USD 199.39 billion by the end of 2037, registering over 15.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of Wi-Fi chipset is evaluated at USD 34.37 billion.

The growth of the market is due to the rising concept of smart cities around the world. In order to help services sectors, e.g. education or healthcare, governments worldwide have developed smart cities equipped with wireless Internet of Things (IoT) networks. Also, smart cities are projected to grow at a rapid rate of 15% during the forecast period.

Furthermore, the market is growing owing to the increased demand for real-time telematics and In-Vehicle Infotainment systems (IVI) in automotive electronics. Also, the consumption rate of telematics was 27% in 2021.