Wireless Chipset Market is to grow by USD 17.07 billion from 2022 to 2027

The wireless chipset market is expected to grow by USD 17.07 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 4.35% during the forecast period, according to Technavio.

The rise in demand for smartphones is notably driving the wireless chipset market. However, factors such as Need for high capital investment may impede market growth.

The computers and laptops segment is estimated to witness significant growth during the forecast period. Wireless chipsets play an important role in supporting wireless connectivity and enhancing the functionality of computers and laptops. Wi-Fi connectivity in computers and laptops is one of the main uses of wireless chipsets.

Wi-Fi chipsets are built into most modern laptops and computers, allowing users to connect to wireless networks and access the Internet without the need for a physical Ethernet cable. In addition, Bluetooth connectivity is another important application of wireless chipsets as it allows users to wirelessly connect their computers or laptops to Bluetooth-enabled devices such as speakers, headsets, keyboards, and mice. Therefore, it offers a wireless and smooth experience to users. Mracast or WiDi is one of the technologies supporting the chipset that allows users to wirelessly mirror their computer or laptop screen to a larger screen, such as a TV or projector, without the need for cables.