In 2009, worldwide shipments of Wi-Fi ICs increased by approximately 28 percent compared to 2008, according to data from ABI Research. Total revenue achieved an estimated compound annual growth rate (CAGR) of 18 percent between 2009 and 2014.
"Despite the uncertain macroeconomic situation, total market demand for Wi-Fi ICs is expected to keep growing," says industry analyst Celia Bo. "The demand for Wi-Fi ICs in mobile devices and consumer electronic devices are the two key engines for Wi-Fi IC’s market growth."
In recent years almost all laptops, netbooks, MIDs and smartbooks have shipped with Wi-Fi embedded, a trend that will continue for some time to come. Wi-Fi IC placement in mobile handsets grew by more than 50 percent in 2009 and Wi-Fi-enabled handsets will account for 40 percent of the total of handsets shipped in 2014. Beyond the already established segments, portable media players with Wi-Fi have also seen strong growth, which will continue through 2014.
More and more consumer electronic devices, such as digital still cameras, digital camcorders, TVs, DVD players, set-top boxes (STB) are adopting Wi-Fi. The total shipments of Wi-Fi-enabled consumer electronic devices increased 33 percent in 2009 compared to 2008; the products with fastest-growing attach rates are digital camcorders, TVs and set-top boxes.