Global $9.1 Billion Wi-Fi 6 Chipset Market to 2026 Featuring ASUSTeK Computer, Broadcom, Cisco Systems, Intel, and Qualcomm Technologies
DUBLIN, July 7, 2021 /PRNewswire/ -- The "Global Wi-Fi 6 Chipset Market" report has been added to ResearchAndMarkets.com's offering.
The global market for Wi-Fi 6 chipsets should grow from $3.4 billion in 2021 to $9.1 billion by 2026, at a compound annual growth rate (CAGR) of 21.7% for the period of 2021-2026.
The report provides an overview of the global market for Wi-Fi 6 chipsets and analyzes market trends. Using 2019 as the base year, the report provides estimated market data for the forecast period of 2021 through 2026. Revenue forecasts for this period are segmented by end-use application, band, end-user, and region. Market values are estimated based on the total revenues of products and solutions offered by the companies.
Wi-Fi 6 (IEEE 802.11ax) is the most recent Wi-Fi specification standard, following Wi-Fi 5 (IEEE 802.11ac). Wi-Fi 6 provides faster speeds, better accessibility, better connectivity among multiple devices and higher bandwidth. It uses the 1 GHz to 6 GHz frequency range. Many sectors have already started receiving benefits from by utilizing Wi-Fi 6's lower power consumption to increase their use of IoT devices. Because these devices lack the battery capacity of larger devices, they will benefit from Wi-Fi 6's more efficient power regulations, which use fixed schedules.
The growing use of applications that require higher bandwidth. such as telemedicine, video surveillance and tracking systems, is expected to bring tremendous growth in the use of Wi-Fi 6 chipsets in the coming years. However, the outbreak of the COVID-19 pandemic has raised dynamics of current market forces, and the significant interventions of governments has positively driven the demand for Wi-Fi 6 chipset in the coming future.
Reasons for Doing This Study
The rising implementation of advanced technologies such as IoT, cloud, and artificial intelligence (AI) is the outcome of the continuously growing demand for real-time processing on edge devices; the emergence of AI coprocessors for edge computing; reduced operational and data storage costs; the increased use of robotics- and technology-driven operations and processes, including the IoT, robotic process automation (RPA), predictive analytics, ML, and deep learning; the increase in investments in AI and machine learning (ML); the use of AI across industry verticals; and the rowing trend of bringing your own device (BYOD) in many sectors.
This study was conducted to understand the current state of the Wi-Fi 6 chipset market and to attempt to measure its substantial growth trajectory. This study will serve as a guide and benchmark for the players in the Wi-Fi 6 chipset market as well as the end users. Decision-makers will find the information useful in developing business strategies and in identifying areas for R&D.
The Report Includes
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Chapter 4 Market Breakdown by End-Use Application
Chapter 5 Market Breakdown by Band
Chapter 6 Market Breakdown by End User
Chapter 7 Market Breakdown by Region
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/dgwjpl
Research and Markets
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Getting to the Relevant (meta) Data
IoT Evolution Expo #TECHSUPERSHOW Expo Hall Open
Grand Opening Networking Reception in Expo Hall