Wireless chipsets are technologies that are embedded on a computer or wireless communication system in order to efficiently communicate. The significant rise in investment in semiconductor industry has led the manufacturers to innovate and design wireless chipset technology. In addition, the rapid surge in smartphones industry has also propelled the demand for wireless chipset in the current scenario. The constantly rising demand for smartphones trend is expected to drive the growth of wireless chipset market in the coming years.
MARKET SCOPE
The "Global Wireless Chipset Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the wireless chipset market with detailed market segmentation by connectivity, application, and geography. The report provides key statistics on the market status of the leading wireless chipset market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on connectivity, the global wireless chipset market is segmented into Wi-Fi, bluetooth, z-wave, and zigbee.
? On the basis of application, the market is segmented into consumer electronics and robotics.
MARKET DYNAMICS
Drivers:
? The focus towards miniaturization is continuously growing among the semiconductor manufacturers across the globe, which is also fuelling the wireless chipset market to grow over the years. Apart from smartphones, the consumer electronics industry is exponentially growing, which is helping the wireless chipset market to surge in the current scenario. Similar trend is also anticipated in the near future, posing a promising market opportunity for the companies operating in wireless chipset market.
? The increasing number of Wi-Fi hotspots across geographies are creating enormous market space for the manufacturers of wireless chipset, and ultimately driving the wireless chipset market.
? The technological integration of Wi-Fi in Virtual Reality (VR) and Augmented Reality (AR) is expected to bolster the growth of wireless chipset market in the coming years.
Restraints
? Complex embedded systems and high manufacturing costs are some of the restraining factors.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The wireless chipset market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wireless chipset market in these regions.
IMPACT OF COVID-19 ON WIRELESS CHIPSET MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the wireless chipset market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from wireless chipset market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wireless chipset market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Atmel Corporation
? Broadcom Inc.
? Intel Corporation
? MediaTek Inc.
? NXP Semiconductors N.V.
? Qorvo, Inc.
? Qualcomm Technologies Inc.
? Silicon Laboratories, Inc.
? Sony Corporation
? Texas Instruments Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.