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Europe Wi-Fi Chipset Market Size By Application (Smartphone, Tablet, Desktop PC, Laptop, Connected Home Devices), By Standard (IEEE 802.11ay, IEEE 802.11ad, IEEE 802.11ax, IEEE 802.11ac, IEEE 802.11n, IEEE 802.11b/G), By Multiple-input Multiple-output (MIMO) Configuration (Single-user Multiple-input Multiple-output (SU-MIMO), Multi-user Multiple-input Multiple-output (MU-MIMO) [1x1 MU-MIMO, 2x2 MU-MIMO, 3x3 MU-MIMO, 4x4 MU-MIMO, 8x8 MU-MIMO]), By Band (Single Band, Dual Band, Tri Band), Industry Analysis Report, Regional Outlook (UK, Germany, France, Italy, Spain, Russia), Growth Potential, Competitive Market Share & Forecast, 2020 - 2026
Published Date: December 2020 | Publisher: Graphical Research Report ID: GR1594 | Delivery : PDF  Request Free Sample

Europe Wi-Fi Chipset Market was valued at over USD 2.5 billion in 2019 and is expected to grow at a CAGR of over 2%.
 

Europe Wi-Fi Chipset Market

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The Europe market is experiencing a rapid growth owing to rising commercialization of emerging 5G technology in the region. According to European 5G Observatory, as of September 2020, a total of 18 countries in European Union (EU-27) have commercialized 5G services, fueling the adoption of 5G terminal devices in European Union. Consumer electronics devices, such as 5G-based smartphones, wearable devices, tablets, etc., are embedded with Wi-Fi chipsets. These chipsets improve energy efficiency, data transfer speed, and mitigate network congestions in 5G terminal devices.

The IEEE 802.11ay segment is anticipated to grow at a CAGR of around 7.5% in terms pf volume for Europe market over the forecast period. The market growth is credited to high-speed data transmission up to 20-40 Gbps over 60 GHz frequency band. This IEEE standard uses ‘channel bonding’ technology, which helps to increase the transmission range up to 300-500 meters. These high-end features encouraged several technology leaders to implement IEEE 802.11ay based Wi-Fi chipsets in their product offerings. For instance, in February 2020, Apple Inc. announced to implement IEEE 802.11ay standard in its upcoming iPhone 12 series of smartphones, which will help to achieve gigabit Wi-Fi transmission speeds in its product offerings.

Laptop Segment is projected to grow credited to increasing sales of laptop devices for gaming applications in the European region. According to Interactive Software Federation of Europe (ISFE) Gaming Industry report 2019, the gaming Laptop/PC sales in Europe accounted for 18% of the total sales revenue in FY2018. The Wi-Fi chipset in gaming laptops offers several features such as higher productivity, device mobility, and convenience in handling. In current pandemic situation, the Europe region is witnessing a rise gaming traffic, which will further accelerate the adoption of new laptop devices fueling the Wi-Fi chipset market growth in the region.    

Italy will grow at 3.5% CAGR by volume in the Europe market over the forecast period. Rising government initiatives toward development of public Wi-Fi infrastructure are laying a significant impact in the country. In April 2020, the Government of Italy announced the launch of free public Wi-Fi infrastructure in Emilia Romagna, Italy. The Wi-Fi network will offer gigabit-connectivity on more than 5,000 Wi-Fi hotspots in the region. Similar government initiatives to boost digitalization and public Wi-Fi infrastructure will fuel the market.

Key players operating in the market are Celeno Communications, Qualcomm Technologies, Inc., Broadcom, Inc., Intel Corporation, and NXP Semiconductors N.V., among others. These players are extensively focusing on strategic collaborations and new product innovations to stay competitive in the market. For instance, in October 2020, Celeno Communications collaborated with Cortina Access, Inc. to develop 10G GPON high-performance routers and gateway devices. The companies will leverage Celeno’s Wi-Fi 6 and Wi-Fi 6E chipsets with Cortina’s SoC platform to develop these high-end Wi-Fi routers and gateway devices.
 

Frequently Asked Question(FAQ) :

The industry share of Europe Wi-Fi Chipset is projected to witness 2% growth rate during 2020 to 2026.
The market size of Europe Wi-Fi Chipset surpassed USD 2.5 billion in 2019.
Italy will grow at 3.5% CAGR by volume in the market over the forecast period. Rising government initiatives toward development of public Wi-Fi infrastructure are laying a significant impact in the country.

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