As cited by the research report titled ‘Asia Pacific Wi-Fi Chipset Market Size By Band, By Standard, By Multiple-input Multiple-output Configuration, Multi-user Multiple-input Multiple-output [1x1 MU-MIMO, 2x2 MU-MIMO, 3x3 MU-MIMO, 4x4 MU-MIMO, 8x8 MU-MIMO]), By Application, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026’, available with Market Study Report, Asia Pacific Wi-Fi chipset market is anticipated to accumulate USD 8 billion by the year 2026.
 

Rising use of public Wi-Fi hotspots across airports, malls, restaurants, parks and stadiums is a major factor driving Asia Pacific Wi-Fi chipset market growth. Additionally, necessity across IT enterprises, hospitals and hotels for high speed internet connectivity, in consort with free wi-fi zones offered by regional governments to meet the demands for advanced digital infrastructure are bolstering the industry share.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3855690/
 

Moreover, growing penetration of IoT-connected devices across China, India, and Japan is augmenting the market outlook. With digitalization initiatives of the governments in Asia, the need for enhanced network agility, less interruptions, and high-speed data transmission is growing, thereby generating lucrative prospects for the business scenario.
 

Based on standards, Asia Pacific Wi-Fi chipset industry is segmented into IEEE 802.11ay, IEEE 802.11ax (Wi-Fi 6 & Wi-Fi 6E), IEEE 802.11ad, IEEE 802.11ac, IEEE 802.11b/G, and IEEE 802.11n (SB and DB). As cited in the report, the IEEE 802.11n (SB and DB) segment accounted for USD 960 million in 2019, owing to increased adoption due to higher data transfer rate of 600Mbps and reliable network.
 

On the basis of bands, the marketplace is divided into single, dual and tri. Among these, the tri band segment is anticipated to bolster at 5.5% CAGR over the forecast duration, owing to rising popularity of Over The Top (OTT) platforms consistent with increasing demand from India, China, and Japan.
 

Speaking of MIMO configuration, the business space is classified into SU-MIMO, and MU-MIMO. Moving on to application range, the industry space is categorized into smartphones, laptop, desktop PC, tablet, connected home devices, and others.
 

As per the geographical analysis, South Korea held 12% of the overall market share and is poised to exhibit a 6% CAGR over the forecast duration, owing to favorable government policies for digitalization and increased investments in smart factories.
 

Whereas, China Wi-Fi chipset market is expected to boost at 4% CAGR through 2026, on account of rising demand for Wi-Fi routers and modems, coupled with increasing internet penetration in the region.
 

Elaborating on the competitive landscape, Morse Micro, Microchip Technology Inc., MediaTek Inc., Intel Corporation, Cypress Semiconductor Corporation, Broadcom Inc., Texas Instruments Inc., STMicroelectronics N.V., Silicon Laboratories Inc., Samsung Electronics Co. Ltd., Renesas Electronics Corporation, NXP Semiconductors N.V., Realtek Semiconductor Corp., Qualcomm Technologies Inc., and ON Semiconductor are the top-tier players influencing Asia Pacific Wi-Fi chipset industry dynamics.