Europe Wi-fi 6, Wi-fi 6e And Wi-fi 7 Chipset Market Size & Outlook
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Europe wi-fi 6, wi-fi 6e and wi-fi 7 chipset market highlights
- The Europe wi-fi 6, wi-fi 6e and wi-fi 7 chipset market generated a revenue of USD 6,336.0 million in 2023.
- The market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
- In terms of segment, wi-fi 6 was the largest revenue generating chipset type in 2023.
- Wi-Fi 7 is the most lucrative chipset type segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 6,336.0 million |
| Market revenue in 2030 | USD 17,262.6 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | Wi-fi 6 |
| Fastest growing segment | Wi-Fi 7 |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wi-Fi 6, Wi-Fi 6E, Wi-Fi 7 |
| Key market players worldwide | Broadcom Inc, Qualcomm Inc, ON Semiconductor Corp, Intel Corp, MediaTek Inc, Texas Instruments Inc, Infineon Technologies AG, STMicroelectronics NV, NXP Semiconductors NV |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.8% of the global wi-fi 6, wi-fi 6e and wi-fi 7 chipset market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 30,327.5 million by 2030.
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Wi-Fi 6, Wi-Fi 6E And Wi-Fi 7 Chipset Market Scope
Wi-Fi 6, Wi-Fi 6E And Wi-Fi 7 Chipset Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MediaTek Inc | View profile | 6999 | No. 1, Dusing 1st Road, Hsinchu Science Park, Hsinchu City, Taiwan, 30078 | https://www.mediatek.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| ON Semiconductor Corp | View profile | 30100 | 5701 North Pima Road, Scottsdale, AZ, United States, 85250 | https://www.onsemi.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Europe wi-fi 6, wi-fi 6e and wi-fi 7 chipset market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wi-fi 6, wi-fi 6e and wi-fi 7 chipset market will help companies and investors design strategic landscapes.
Wi-fi 6 was the largest segment with a revenue share of 68.63% in 2023. Horizon Databook has segmented the Europe wi-fi 6, wi-fi 6e and wi-fi 7 chipset market based on wi-fi 6, wi-fi 6e, wi-fi 7 covering the revenue growth of each sub-segment from 2019 to 2030.
In terms of value, Europe held a market share of 20. 7 % in 2021. The market growth can be attributed to key countries such as Germany, U.K., and France, wherein companies are making significant investments to stay ahead in the Wi-Fi 6 & 6E market.
The U.K. and Germany are increasingly spending on building digital healthcare infrastructure to facilitate remote diagnostics & surgery, telemedicine, and remote patient monitoring services. This, in turn, is expected to boost the adoption of Wi-Fi 6 & Wi-Fi 6E chipsets across Europe overthe forecastperiod.
Europe has developed a standard called ETSI EN 303 687 for the adoption of Wi-Fi 6 & Wi-Fi 6E enabled devices. The European Commission has also formally released 480 MHz of 6 GHz spectrum for Wi-Fi, which is expected to drive the growth of Wi-Fi 6 & Wi-Fi 6E chipsets acrossthe region.
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Target buyers of Europe wi-fi 6, wi-fi 6e and wi-fi 7 chipset market databook
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Our clientele includes a mix of wi-fi 6, wi-fi 6e and wi-fi 7 chipset market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe wi-fi 6, wi-fi 6e and wi-fi 7 chipset market , including forecasts for subscribers. This continent databook contains high-level insights into Europe wi-fi 6, wi-fi 6e and wi-fi 7 chipset market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe wi-fi 6, wi-fi 6e and wi-fi 7 chipset market size, by country, 2019-2030 (US$M)
Europe Wi-Fi 6, Wi-Fi 6E And Wi-Fi 7 Chipset Market Outlook Share, 2023 & 2030 (US$M)
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