Report ID: SQMIG50B2031
Report ID:
SQMIG50B2031 |
Region:
Global |
Published Date: November, 2024
Pages:
187
|
Tables:
93 |
Figures:
71
North America dominates the global Wi-Fi chipset market due to its advanced technological infrastructure, high adoption rate of smart devices, and strong demand for high-speed internet. The oversaturation of investment towards research and development especially dedicated to the improvement of Wi-Fi 6 and 6E technologies, enhances the region’s leadership even further. Moreover, the spread of connected devices in industries like healthcare, education, and recreation creates a very high demand for reliable high-performance wireless solutions. The existence of leading chipset producers coupled with ever-evolving networking technologies helps North America remain a crucial pillar in the expansion process of the global Wi-Fi chipset market dynamics.
Europe is the fastest-growing region in the global Wi-Fi chipset market due to its rapid adoption of advanced Wi-Fi technologies, such as Wi-Fi 6 and Wi-Fi 6E. The upsurge in smart homes, IoT devices and an array of digital services is resulting in high demand for high-speed internet leading to market growth. Additionally, the emphasis on digitalization in Europe and significant investments in network facilities creates a need for more efficient and high-capacity Wi-Fi systems. Further, the developments of remote working, shopping over the internet and a need for uninterrupted connectivity expedite the use of Wi-Fi chipsets, hence Europe’s remarkable growth in the market.
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Report ID: SQMIG50B2031