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Wi-Fi chip market size to reach over $20 billion by 2027

Strategy Analytics RF & Wireless Components (RFWC) recently released its service report, “Wi-Fi Forecast 2022 – 2027: New Standards and Applications,” which predicts that as Wi-Fi becomes more popular in smart homes, home entertainment and other applications, Wi-Fi system shipments will grow at an annual rate of 7.5 percent.

Smart home and home entertainment devices are said to account for 70 percent of the growth share of Wi-Fi systems between now and 2027.

We also expect to see more and more adoption of Wi-Fi in industrial IoT applications, such as HaLow for outdoor and more remote use cases,” said analyst Christopher Taylor. We also expect to see more people using Wi-Fi for industrial IoT applications, such as using HaLow for outdoor and longer-range use cases. The wearables and automotive markets will also rank quite high in terms of percentage growth in Wi-Fi device shipments.”

SA Vice President Stephen Entwistle added: “Growing shipments and the transition to newer Wi-Fi standards and higher initial radio chip prices will combine to drive the Wi-Fi chip market size to more than $20 billion in 2027, growing nearly 9 percent annually in real dollars in 2022. This will benefit Qualcomm, Broadcom, NXP, Infineon, Synaptics, MaxLinear and many other Wi-Fi chip suppliers.”

WiFi plays a pivotal role in our daily lives, whether at home, in the office or in the business district, WiFi coverage provides full convenience. WiFi 7 will bring higher throughput rates, lower network latency and greater efficiency.

First, WiFi 7 supports higher throughput rates, a 2.7x improvement over WiFi 6. WiFi 7 supports more advanced 4K QAM modulation technology that allows for higher data density and faster transmission rates. In addition. The new MLO (Multi-Link Operation) technology enables link aggregation for higher throughput.

Strong performance in multi-user public places, to ensure network speed while bringing the ultimate gaming experience, transmission latency reduced by 20%, effectively improving the experience of rapid game latency needs less than 100ms; at the same time MediaTek brings efficient network resource allocation, MRU effectively improve the efficiency of network usage, reduce the impact of noise interference on the band from 75% to 25%, in networks with multi-user load. Compared to WiFi 6, the throughput rate is increased by about 3 times.

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