United States Wi-Fi Chip and Module Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 8.6 Billion by 2030, growing at a CAGR of 7.1% from 2024 to 2030.
The US Wi-Fi Chip and Module Market has been evolving rapidly due to the increasing demand for seamless connectivity across various industries. As the world becomes more connected, industries require high-performance Wi-Fi chips and modules to support the growing need for fast, reliable wireless communication. These components are critical in enabling a wide range of applications, from consumer electronics to industrial automation, healthcare, and automotive systems.
Wi-Fi chips are small, integrated circuits that enable devices to connect wirelessly to the internet or local area networks. They play an essential role in the functioning of smartphones, laptops, tablets, IoT devices, and even smart home appliances. Modules, on the other hand, are more comprehensive and often include the chip along with other components like antennas, memory, and power management systems. This makes them ready-to-use solutions for embedding Wi-Fi connectivity into devices.
The demand for Wi-Fi chips and modules is primarily driven by industries seeking to improve the efficiency, connectivity, and user experience of their products. The consumer electronics sector is one of the largest contributors to the growth of this market, with smartphones, laptops, and other gadgets constantly requiring more advanced Wi-Fi capabilities. Additionally, the rise of smart homes and IoT devices has further propelled the need for Wi-Fi modules capable of handling the large volumes of data these systems generate.
In industrial sectors, Wi-Fi technology enables remote monitoring, automation, and real-time data analysis, leading to increased efficiency and reduced operational costs. The healthcare industry also benefits from Wi-Fi technology, allowing medical devices to communicate with each other and healthcare systems for improved patient care. Furthermore, the automotive industry is increasingly integrating Wi-Fi chips and modules into vehicles to enable advanced features like navigation, entertainment systems, and autonomous driving capabilities.
The US Wi-Fi Chip and Module Market is expected to continue expanding due to the continuous advancements in Wi-Fi technology, such as the rollout of Wi-Fi 6 and the growing need for 5G connectivity. As these technologies evolve, industries across the board will increasingly rely on more powerful and efficient Wi-Fi chips and modules to meet their specific needs. Companies that can provide innovative and cost-effective solutions will stand to gain significantly in this fast-growing market.
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Qualcomm
Realtek
Broadcom
Intel
Marvell
Microchip
Cypress Semiconductor
Shanghai MXCHIP Information Technology
Espressif Systems
Hangzhou Yaguan Technology
Shenzhen CECport Technologies
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Wi-Fi Chip and Module Market
802.11a/b/g/n
802.11ac
802.11ax (Wi-Fi 6)
Wi-Fi 6E
Wi-Fi 7
Wi-Fi Chips
Wi-Fi Modules
Integrated Circuits
System on Chip (SoC)
Consumer Electronics
Automotive
Industrial IoT Devices
Healthcare Devices
Smart Cities
Consumer Electronics
Telecommunications
Automotive
Healthcare
Retail
Aerospace and Defense
Chip-on-Board (COB)
Surface-Mount Device (SMD)
Through-Hole Component
Miniaturized Modules
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Wi-Fi Chip and Module Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Wi-Fi Chip and Module Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Wi-Fi Chip and Module Market, By Type
6. US Wi-Fi Chip and Module Market, By Application
7. US Wi-Fi Chip and Module Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Wi-Fi Chip and Module Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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