Market revenue in 2023 | USD 10,281.4 million |
Market revenue in 2030 | USD 30,327.5 million |
Growth rate | 16.7% (CAGR from 2023 to 2030) |
Largest segment | Wi-fi 6 |
Fastest growing segment | Wi-Fi 7 |
Historical data covered | 2019 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wi-Fi 6, Wi-Fi 6E, Wi-Fi 7 |
Key market players worldwide | Broadcom Inc, Qualcomm Inc, ON Semiconductor Corp, Intel Corp, MediaTek Inc, Texas Instruments Inc, Infineon Technologies AG, STMicroelectronics NV, NXP Semiconductors NV |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wi-fi 6, wi-fi 6e and wi-fi 7 chipset market will help companies and investors design strategic landscapes.
Wi-fi 6 was the largest segment with a revenue share of 69.8% in 2023. Horizon Databook has segmented the Asia Pacific wi-fi 6, wi-fi 6e and wi-fi 7 chipset market based on wi-fi 6, wi-fi 6e, wi-fi 7 covering the revenue growth of each sub-segment from 2019 to 2030.
In terms of value, Asia Pacific held a market share of 32.4 % in 2021. The market growth can be attributed to the substantial rise in investments for developing Wi-Fi 6 and Wi Fi 6E chipset-enabled smartphones, routers, and laptops, among other devices.
Moreover, the regional market expected to register a high CAGR of 21.6% over the forecast period on account of the presence of major Wi-Fi 6 & 6E chipsets manufacturing companies across key countries such as China, Japan, South Korea, and Singapore.
Companies in Asia Pacific are raising funds to provide Wi-Fi 6 & 6E chipsets. For instance, Semiconductor Technology Co. Ltd. has raised Series A for20 projects ,among which one will focus on the evolution of current and future wireless technologies ,including Wi-Fi 6.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific wi-fi 6, wi-fi 6e and wi-fi 7 chipset market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific wi-fi 6, wi-fi 6e and wi-fi 7 chipset market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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