Wi-Fi Chipset Market

By IEEE Standard;

IEEE 802.11BE (Wi-Fi 7), IEEE 802.11AX (Wi-Fi 6 & 6E), IEEE 802.11AC, IEEE 802.11AD and IEEE 802.11B/G/N

By Band;

Single & Dual-Band and Tri-Band

By MIMO Configuration;

SU-MIMO and MU-MIMO \[1x1, 2x2, 3x3, 4x4 and 8x8]

By Vertical;

Consumer Electronics, Enterprise, Healthcare, BFSI, Retail, Automotive, Industrial and Others

By End-Use Application;

Consumer Devices -[Smartphones, Tablets and Laptops & PCs], Cameras, Smart Home Devices -[Smart Speakers, Smart TVs and Others], Gaming Devices, AR/VR Devices, Mobile Robots, Drones, Networking Devices -[Gateways & Routers and Access Points], MPOS, In-Vehicle Infotainment and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn322072740 Published Date: September, 2025 Updated Date: October, 2025

Introduction

Global Wi-Fi Chipset Market (USD Million), 2021 - 2031

In the year 2024, the Global Wi-Fi Chipset Market was valued at USD 23,370.79 million. The size of this market is expected to increase to USD 31,591.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Wi-Fi Chipset Market

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 23,370.79 Million
Market Size (2031)USD 31,591.99 Million
Market ConcentrationHigh
Report Pages380
23,370.79
2024
31,591.99
2031

Major Players

  • Qualcomm Technologies, Inc
  • MediaTek Inc
  • Intel Corporation
  • Texas Instruments, Inc
  • STMicroelectronics N.V
  • Cypress Semiconductor Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Wi-Fi Chipset Market

Fragmented - Highly competitive market without dominant players


The global Wi-Fi chipset market is being driven by several key factors. A significant driver is the growing number of public Wi-Fi hotspots, which cater to the increasing demand for ubiquitous internet access. Additionally, the widespread adoption of the Internet of Things (IoT) is boosting demand for Wi-Fi chipsets, as more devices across various industries require reliable and efficient wireless connectivity. The expansion of Wi-Fi in enterprise and business environments is also contributing to market growth, with organizations increasingly relying on high-speed wireless networks to support a range of applications from communication to cloud-based services. Furthermore, there is a rising need for faster data transfer speeds to accommodate bandwidth-intensive activities such as video streaming, gaming, and remote work, which is fueling advancements in Wi-Fi technology. The significant increase in internet penetration rates worldwide, particularly in developing regions, is further propelling the market.

However, the market's growth is not without challenges. The success of new Wi-Fi technologies, including IEEE 802.11ad (WiGig) and 802.11ax (Wi-Fi 6), is crucial for sustained market expansion. These standards promise enhanced performance, higher speeds, and better efficiency, but their widespread adoption depends on overcoming technical and economic hurdles. On the downside, the market faces constraints such as a decline in the shipment of tablets and PCs over the past few years, which reduces the demand for Wi-Fi chipsets in these segments. Moreover, the lengthy processes of standardization and certification for new Wi-Fi technologies can delay market entry and adoption. Another significant challenge is the increase in coexistence issues with LTE in the 5 GHz band, particularly with the deployment of LTE-U (LTE in unlicensed spectrum). These coexistence issues can lead to interference and performance degradation, posing a major challenge for Wi-Fi chipset manufacturers. Addressing these challenges is essential for the continued growth and innovation in the Wi-Fi chipset market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By IEEE Standards
    2. Market Snapshot, By Band
    3. Market Snapshot, By MIMO Configuration
    4. Market Snapshot, By Vertical
    5. Market Snapshot, By End-Use Application
    6. Market Snapshot, By Region
  4. Wi-Fi Chipset Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Connected Devices
        2. Smart Home and Industrial Applications
        3. Next-Generation Wi-Fi Standards
      2. Restraints
        1. Chip Shortages
        2. Price Sensitivity
      3. Opportunities
        1. IoT and Wearables
        2. Emerging Markets
        3. Advancements in Technology
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Wi-Fi Chipset Market, By IEEE Standard, 2021 - 2031 (USD Million)
      1. IEEE 802.11BE (Wi-Fi 7)
      2. IEEE 802.11AX (Wi-Fi 6 & 6E)
      3. IEEE 802.11AC
      4. IEEE 802.11AD
      5. IEEE 802.11B/G/N
    2. Wi-Fi Chipset Market, By Band, 2021 - 2031 (USD Million)
      1. Single & Dual-Band
      2. Tri-Band
    3. Wi-Fi Chipset Market, By MIMO Configuration, 2021 - 2031 (USD Million)
      1. SU-MIMO
      2. MU-MIMO
        1. 1x1
        2. 2x2
        3. 3x3
        4. 4x4
        5. 8x8
    4. Wi-Fi Chipset Market, By Vertical, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Enterprise
      3. Healthcare
      4. BFSI
      5. Retail
      6. Automotive
      7. Industrial
      8. Others
    5. Wi-Fi Chipset Market, By End-Use Application, 2021 - 2031 (USD Million)
      1. Consumer Devices
        1. Smartphones
        2. Tablets
        3. Laptops & PCs
      2. Cameras
      3. Smart Home Devices
        1. Smart Speakers
        2. Smart TVs
        3. Others
      4. Gaming Devices
      5. AR/VR Devices
      6. Mobile Robots
      7. Drones
      8. Networking Devices
        1. Gateways & Routers
        2. Access Points
      9. MPOS
      10. In-Vehicle Infotainment
      11. Others
    6. Wi-Fi Chipset Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Qualcomm Technologies Inc.
      2. Broadcom Inc.
      3. MediaTek Inc.
      4. Intel Corporation
      5. Texas Instruments Incorporated
      6. STMicroelectronics N.V.
      7. Samsung Electronics Co., Ltd.
      8. NXP Semiconductors N.V.
      9. ON Semiconductor Corporation
      10. Espressif Systems
      11. Beken Corporation
      12. Infineon Technologies AG
      13. Renesas Electronics Corporation
      14. Nordic Semiconductor ASA
      15. Silicon Laboratories Inc.
  7. Analyst Views
  8. Future Outlook of the Market