Wi-Fi Chipset Market Projected to Grow 12% YoY in 2025

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Nov 7, 2024
  • The shift toward high-speed internet is raising the demand for advanced connectivity.
  • Wi-Fi 6, 6E and 7 will capture 43% of the market by 2025, while Wi-Fi 5's dominance will decline.
  • Broadcom, Qualcomm and MediaTek are leveraging new tech and partnerships to strengthen their positions in the Wi-Fi 7 race.


The Wi-Fi chipset market is on the verge of significant growth. Its revenue is expected to increase by 12% YoY in 2025, according to Counterpoint’s latest projections. The shift toward high-speed internet, driven by the surge in e-commerce, web browsing and mobile learning, is raising the demand for advanced connectivity. With the integration of nanometer chip technology, Wi-Fi manufacturers are readying faster, more efficient solutions to meet these new needs.

Wi-Fi standards race: Wi-Fi 5 vs Wi-Fi 6/6E/7

Wi-Fi 5 is set to retain its dominance in 2024 with a projected 56% market share, but the rapid rise of Wi-Fi 6, 6E and Wi-Fi 7 standards signals a transformative change. In 2024, Wi-Fi 6, 6E and 7 will collectively capture 29% of the market, which is expected to increase to 43% by 2025. This transition mirrors the substantial shift from Wi-Fi 4 to Wi-Fi 5 and reflects the need for faster, more robust internet across multiple devices.

Specifications of Key Wi-Fi Standards

Source: Counterpoint Wi-Fi Chipset Market Report

Market leaders: Broadcom, Qualcomm and MediaTek

Broadcom leads the Wi-Fi 6/6E and Wi-Fi 7 market with a projected 24% share in 2024, followed by Qualcomm at 19% and MediaTek at 13%. Broadcom expects Wi-Fi 6/6E to constitute half of its Wi-Fi revenue this year, which is expected to rise to 80% by 2025, driven by platform migrations and upgrades like those expected with the iPhone 16. Besides, Qualcomm’s FastConnect 7800 chipset is setting the stage for significant growth, with Wi-Fi 6E and 7 expected to make up 70% of its Wi-Fi sales by 2025. MediaTek’s Wi-Fi 7 Filogic 380/880 chipsets are also in demand, with sales from Wi-Fi 6 and 7 chipsets projected to reach 58% of its total Wi-Fi revenue in 2024 and 88% in 2025. Partnerships with brands like ZTE, TP-Link and Asus underscore MediaTek’s market strength.

Projected 2024 Wi-Fi Chipset Market Share by Manufacturer


Source: Counterpoint Wi-Fi Chipset Market Report

The Road Ahead for Wi-Fi 7

Despite its early stages, Wi-Fi 7 is set for broader adoption by late 2025 as infrastructure and technology support catch up. Besides, the need for Wi-Fi 7's enhanced capabilities will increase with AI gradually becoming a core component in PCs and flagship smartphones, pushing the demand for ultra-fast connections. The adoption of Wi-Fi 7 is likely to surpass that of previous Wi-Fi generations, underscoring its critical role in next-generation connectivity for a wide range of applications, from edge AI to AR/VR and IoT.

Summary

Published

Nov 7, 2024

Author

Team Counterpoint

Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customer

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