Wi-Fi Chipset Market Trends

Growth Drivers

• Increasing Adoption of Computers - The number of households to have a computer is projected to reach 1,262,47 million by 2025, as stated in the Organisation for Economic Cooperation and Development survey. The word computer household shall refer to a house with one or more computers. The market participants will have an opportunity to increase their product portfolio for Wi-Fi chipsets, extend their presence in various regions, and achieve greater market share as a result of the increased adoption of computers.
• Increasing Trend for Working from Home - In accordance with the global demand for electronics like laptops and desktops for the expanding work-from-home trend, the semiconductor sector began to revive. South Korea kept up its steady growth, as chip exports increased by 9.4% in February 2020.
• Growing Amount of Public Wi-Fi Hotspots and Implementation of internet-of-things-IoT – Due to the massive increase in connected devices, the mobile network is expected to experience more congestion during the projection period due to the increased demand for more data throughput, bandwidth, and coverage. As a result, it is anticipated that in the years to come, communication service providers and network operators will use Wi-Fi hotspot solutions at a much higher rate.

Challenges

• Decrease in Deliveries of PCs and Tablets - The shipment of PCs and tablets is predicted to decrease by a small amount, with alternatives like phablets and smartphones having a significant impact. This issue could also limit the commercial expansion of Wi-Fi chipsets.
• Increasing Cyber Crimes
• Decrease in Data Transfer Rates