Report ID: UCMIG45H2052
Report ID:
UCMIG45H2052 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for Wi-Fi 6E chipsets, with a valuation of USD 5.78 billion in 2022, is poised for substantial growth, expecting to achieve a 22.4% compound annual growth rate (CAGR) from 2023 to 2030. The increasing demand for enhanced network speed, reduced latency, and greater bandwidth in corporate and industrial sectors is anticipated to be the primary driving force behind market expansion in the foreseeable future. The surge in data traffic across various industries necessitates improved network connectivity, fostering the anticipated growth in the deployment of Wi-Fi 6E devices and the corresponding demand for their chipsets. Many global companies are actively engaged in developing Wi-Fi 6E modules for integration into upcoming laptops and PCs.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Communications Equipment by segment aggregation, the contribution of the Communications Equipment in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45H2052