According to IMARC Group’s latest report, titled “Europe Wi-Fi Chipset Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the market size reached US$ 4.2 Billion in 2021. A Wi-Fi chipset refers to a hardware component designed for communicating with another device through wireless signals. It is used in wireless local area network (WLAN) cards, external WLAN adapters, routers and other devices that transmit and receive wireless signals. It provides enhanced mobility, connectivity, security, cost-effectiveness and data transfer speeds. Wi-Fi chipsets also find extensive applications in smartphones, smart speakers, gaming devices, robotics, drones, in-vehicle infotainment systems, laptops and tablets.
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The Europe Wi-Fi chipset market is primarily being driven by the widespread adoption of Wi-Fi technology for data transfer and wireless communications. Moreover, various technological advancements, such as the integration of the Internet of Things (IoT) and the launch of 5G-enabled Wi-Fi chipsets, are providing a thrust to the market growth. These technologies assist in expanding the capacity of transmission between devices and reduce the interference. Other factors, including the increasing demand for virtual reality (VR) and the widespread adoption of wireless connectivity for enterprises and businesses operations, are anticipated to positively impact the market growth. Looking forward, IMARC Group expects the Europe Wi-Fi chipset market to reach US$ 5.0 Billion by 2027, exhibiting a growth rate (CAGR) of 2.68% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe Wi-Fi chipset market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product, band and MIMO configuration.
Breakup by Product:
- Access Point Equipment
- Connected Home Devices
Breakup by Band:
- Single Band
- Dual Band
- Tri Band
Breakup by MIMO Configuration:
Breakup by Country:
- United Kingdom
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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