Asia Pacific Wi-Fi Chipset market size was USD 6.5 billion in 2023 and the market is projected to reach roughly USD 8.48 billion by 2032, at a CAGR of 3% during the forecast period.
A Wi-Fi chipset is a key wireless networking technology that enables high-speed internet and data transmission for devices within a local area network. It is essential in Wi-Fi routers and the devices connected to them, facilitating seamless internet access. The rising global penetration of the internet, along with the widespread use of smart devices and increasing digital transformation, has driven the demand for Wi-Fi chipsets. With the growing adoption of Internet of Things (IoT) technology, Wi-Fi chipsets are increasingly being integrated into smart home appliances like air conditioners, water heaters, washing machines, and televisions.
In the Asia Pacific, the Wi-Fi chipset market is experiencing significant growth, driven by expanding internet usage, smartphone adoption, rapid urbanization, and rising living standards. Government initiatives to develop smart cities with widespread Wi-Fi access, particularly in sectors like healthcare and education, are also fuelling demand. Additionally, increased spending on transportation, public safety, utilities, and education-related infrastructure in the region is creating a need for more internet-connected devices. The proliferation of public Wi-Fi hotspots by municipal authorities further enhances the market's positive trajectory, reflecting a robust outlook for the sector.
Asia Pacific Wi-Fi Chipset Market report scope and segmentation.
Report Attribute |
Details |
Base Year |
2023 |
Forecast Years |
2024 – 2032 |
Estimated Market Value (2023) |
USD 6.5 Billion |
Projected Market Value (2032) |
USD 8.48 Billion |
Segments Covered |
By Devices, By End-Use, By Distribution Channel, & By Region. |
Forecast Units |
Value (USD Million or Billion) |
Quantitative Units |
Revenue in USD million/billion and CAGR from 2024 to 2032. |
Regions Covered |
China, India, Japan, South Korea, and Australia |
Countries Covered |
Northeast China, Central China, Southwest China, North India, South India, East India, West India, Central India, Seoul Capital Area (Sudogwon), Gangwon, Chungcheong, Honam, Yeongnam, Hokkaido, Tōhoku, Kantō, and New South Wales, among |
Asia Pacific Wi-Fi Chipset Market dynamics
The Asia-Pacific Wi-Fi chipset market has been experiencing steady growth due to the proliferation of connected devices and the increasing adoption of wireless communication technologies. Key factors driving this expansion include the growing demand for high-speed internet access, the rise in internet users, and the development of IoT applications. However, the high cost of chipsets and a shortage of skilled professionals are expected to hinder the market's growth to some extent.
Asia Pacific Wi-Fi Chipset Market drivers
Surging Data Traffic
The rising levels of data traffic have called for higher network connectivity in every sector, including corporate and industrial sectors. The increase in internet usage is expected to push Wi-Fi 6 and 6E devices and subsequently the use of chipsets for them in the next seven years.
This has been an improvement because Wi-Fi 6 and 6E has brought improvements in the throughputs, latency and efficiency of the networks. These advancements are especially important for applications involving video and voice communications, online gaming, and IoT implementations, where issues involving Wireless network connectivity are critical.
Adoption of Devices
Production plants are steadily experiencing a transformation process in order to optimize performance. Smart technologies like Augmented Reality/Virtual Reality (AR/VR), wireless camera, and collaborative robots are more widely implemented in different manufacturing industries. These devices greatly depend on strong wireless networks for their proper operation. Therefore, the global market of Wi-Fi 6 and 6E devices and their components is anticipated to grow in the next seven years.
Opportunities:
The surging volume of data traffic is driving a strong demand for advanced network connectivity across various industries. This trend is anticipated to fuel the adoption of Wi-Fi 6 and 6E devices, leading to a significant increase in the demand for their underlying chipsets. Moreover, the integration of modern technologies like AR/VR, wireless cameras, and collaborative robots in manufacturing settings is further accelerating the need for robust wireless networks. This will bolster the adoption of Wi-Fi 6 and 6E, creating a substantial opportunity for chipset manufacturers and suppliers in the coming years.
Segment Overview
By Devices, the market is segmented into Platforms for Smartphones, Connected Home Devices, Access Point Equipment, PCs, Tablets, and Others. The increasing adoption of IoT, rising globalization, and the expanding number of public Wi-Fi hotspots are key drivers of market growth. Additionally, the growing number of small-scale industries seeking high-speed network connectivity, along with the widespread penetration of consumer electronics such as smartphones and laptops, further boosts market value. The global popularity of smartphones has led to greater reliance on Wi-Fi technology, with consumers favouring Voice-Over Mobile Broadband (VOMBB) for its superior audio quality, lower cost, and energy efficiency, which in turn drives demand for Wi-Fi services worldwide.
By End-Use, the Wi-Fi Chipset market is segmented into Consumer, Automotive & Transportation, Healthcare, Education, BFSI, Travel & Hospitality, and Others. The manufacturing sector is increasingly focused on efficiency and precision, while healthcare prioritizes safety and compliance. In construction, durability and reliability are paramount, while the electronics industry seeks innovation and performance. As end-users' needs continue to evolve, the market landscape is undergoing a transformation, compelling companies to adapt and innovate. This dynamic environment presents a wealth of opportunities for market players to develop tailored solutions that address the specific requirements of diverse end-user segments.
Asia Pacific Wi-Fi Chipset market competitive landscape
Significant players in the Asia Pacific Wi-Fi Chipset market are Intel Corporation, Qualcomm Technologies Inc., ESPRESSIF SYSTEMS (SHANGHAI) CO., LTD, Broadcom, Hitachi, Cisco Systems, Inc., Microsoft, Apple Inc, Celeno Communications, and Taiwan Semiconductor Manufacturing Company Limited
Asia Pacific Wi-Fi Chipset report market segmentation
ATTRIBUTE |
DETAILS |
By Devices |
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By End-Use |
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By Distribution Channel |
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Customization Scope |
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Pricing |
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