Wireless Communication Chipsets Market Analysis

 IEEE Standard (802.11be, 802.11ax, 802.11ac)

The global wireless communication chipsets market is segmented and analyzed for demand and supply by IEEE standard into 802.11be, 802.11ax, and 802.11ac. Out of the three types of standards, the 802.11ax segment is estimated to gain the largest market share of about 40% in the year 2037. The growth of the segment can be accredited to the standard's higher spectral efficiency compared to other existing IEEE standards. Apart from that, 802.11ax offers a good average speed of around 10 Gbps with a maximum throughput of 30 Gbps. This should also boost the growth of the market segment in the future. Moreover, the consumer segment based on end-users is estimated to gain the largest share during the forecast period. This is owing to the proliferation of consumer devices, primarily smartphones, around the world. Officially marketed by the Wi-Fi Alliance as Wi-Fi 6 (2.4 GHz and 5 GHz) and Wi-Fi 6E (6 GHz), IEEE 802.11ax is an IEEE standard for wireless local area networks (WLAN) and the successor to 802.11ac. Also known as High Efficiency Wi-Fi owing to the overall improvement of Wi-Fi 6 clients in high-density environments.

Route of Administration (Consumer, Smart Home, AR/VR, Networking Devices)

The global wireless communication chipsets market is also segmented and analyzed for demand and supply by route of administration into consumer, smart home, AR/VR, and networking devices. Amongst these four segments of end users, the smart home segment is expected to garner a significant share of around 30% in the year 2037. A smart home refers to a convenient home setup that allows you to connect to the internet via mobile or other connected device and remotely and automatically control appliances and devices from anywhere. Devices in smart home are connected via the internet, allowing users to remotely control features such as home security, temperature, lighting, and home theater. Smart homes allow homeowners to remotely control appliances, thermostats, lights, and other devices using smartphones and tablets over an internet connection. A smart home can be set up using a wireless or wired system.  The growth of the segment can be accredited to the spiking internet usage around the various organizations.  Statistics show that total Internet access has increased by nearly 50% to 70% as millions of people go online for entertainment and other purposes.

Our in-depth analysis of the global market includes the following segments: