Report ID: UCMIG45H2027
Report ID:
UCMIG45H2027 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for Wi-Fi 6, Wi-Fi 6E, and Wi-Fi 7 chipsets reached a significant valuation of USD 22.55 billion in 2022. This market is projected to witness substantial growth over the period from 2023 to 2030, with a compound annual growth rate (CAGR) of 14.9%. Wi-Fi 6, 6E, and 7 chipsets are advanced technologies that offer enhanced wireless connectivity and improved network performance. As the demand for high-speed internet and seamless connectivity continues to rise, these chipsets are expected to gain widespread adoption across various industries, including telecommunications, IT, healthcare, and automotive. The steady growth of this market can be attributed to the increasing reliance on wireless networks and the growing popularity of IoT devices and smart homes.
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: UCMIG45H2027