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Wi-Fi HaLow SoC Market Share Expands with Surge in IoT Connectivity Demand | Valuates Reports
Wi-Fi HaLow SoC Market SizeThe global market for Wi-Fi HaLow SoC was valued at US$ 73 million in the year 2024 and is projected to reach a revised size of US$ 146 million by 2031, growing at a CAGR of 10.8% during the forecast period.
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The Wi-Fi HaLow System-on-Chip (SoC) market is gaining strong momentum, propelled by the rising demand for long-range, low-power wireless communication technologies across Internet of Things (IoT) ecosystems. Designed to operate in sub-1 GHz frequencies, Wi-Fi HaLow SoCs enable extended coverage, energy efficiency, and robust connectivity, especially in challenging environments.
Market Size and Growth Drivers
The market size is witnessing steady expansion as more industries require scalable and energy-efficient networking solutions. With traditional Wi-Fi often falling short in range and battery performance, Wi-Fi HaLow SoCs are becoming the preferred choice in applications such as smart agriculture, logistics, and industrial monitoring. This shift is accelerating overall market growth.
Market Trends and Applications
Key market trends include increased integration of Wi-Fi HaLow SoCs in smart home devices, remote health monitoring tools, and asset tracking solutions. Their ability to support a high number of devices within a single network, while maintaining power efficiency, is making them essential in IoT-rich environments. Demand is also growing in smart city deployments and industrial automation setups.
Market Share and Competitive Outlook
Market share is increasingly being claimed by companies focused on low-power chipsets and embedded wireless solutions. Competition is intensifying as players invest in SoC innovation, with a focus on greater range, enhanced security, and compatibility with global IoT standards. Strategic partnerships and product diversification are shaping the competitive dynamics of this market.
Market Forecast and Regional Trends
The market forecast shows robust growth, supported by the expansion of IoT applications and infrastructure worldwide. North America and Asia-Pacific are emerging as key regions due to their early adoption of smart technologies and active investments in connected device networks. Regional governments and enterprises are driving adoption through smart infrastructure initiatives.
Valuates Reports projects strong opportunities for growth in the Wi-Fi HaLow SoC market, supported by accelerating IoT device proliferation and the critical need for efficient, reliable connectivity. Market size, market trends, market share, market forecast, and market growth continue to define the strategic landscape of this evolving sector.
by Type
• Maximum Bandwidth: 2 MHz
• Maximum Bandwidth: 4 MHz
• Others
by Application
• Smart Agriculture
• Smart City
• Industrial Automation
• Smart Home and Health Monitoring
• Others
By Company
Newracom, Morse Micro, Newratek, Broadcom, Qualcomm, MediaTek, Taixin Semiconductor
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