Lucintel Forecasts the Global MCU-Embedded Wifi Chips Market to Reach $ 6.24 billion by 2030


Posted October 12, 2023 by Lucintel

According to a market report by Lucintel, the future of the global MCU-embedded wifi chips market looks promising with opportunities in the consumer electronics, smart home, and healthcare markets

 
According to a market report by Lucintel, the future of the global MCU-embedded wifi chips market looks promising with opportunities in the consumer electronics, smart home, and healthcare markets. The global MCU-embedded WiFi chip market is expected to reach an estimated $6.24 billion by 2030 with a CAGR of 10.0% from 2024 to 2030. The major drivers for this market are high growth of connected devices and growing adoption of WiFi 6 and WiFi 7.

A more than 150 – page report is developed to understand trends, opportunity and forecast in MCU-embedded WiFi chip market to 2030 by type (802.11n, 802.11ac, and 802.11ax), material (silicon and GaAs), band (single band and dual band), application (consumer electronics, smart home, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, silicon and GaAs are the major segments of MCU-embedded WiFi chip market by material. Lucintel forecasts that silicon is expected to witness highest growth over the forecast period because it is cost-effective, has well-established manufacturing processes, and high performance of the silicon.

Within this market, consumer electronics will remain the largest segment over the forecast period due to high demand for MCU-embedded WiFi chip in consumer electronics devices, such as smartphones, tablets, and laptops.

APAC is expected to witness highest growth over the forecast period because of the growing electronics and automotive industries in the region.

Broadcom, Qualcomm, Intel, Samsung Electronics, Texas Instruments, STMicroelectronics, NXP, Cypress Semiconductor, Siemens, and Infineon Technologies are the major suppliers in the MCU-embedded WiFi chip market.




This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
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Categories Business
Tags mcuembedded wifi chips market
Last Updated October 12, 2023