Global Ultra Wideband Chipset Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application ;

Automobile - Smart Car Access and Others, Drones, Smart Home Devices, Smartphones and Others.

By End User ;

Individual, Automotive, Government and Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn872147589 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Ultra Wideband Chipset Market (USD Million), 2021 - 2031

In the year 2024, the Global Ultra Wideband Chipset Market was valued at USD 915.82 million. The size of this market is expected to increase to USD 3,518.25 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 21.2%.

The market for ultra-wideband (UWB) technology is witnessing robust growth, largely propelled by the increasing adoption of electronic devices like mobile phones and smartphones. Continuous innovation in UWB technology, particularly in wireless sensor networks, directly influences market expansion, driven by the escalating demand for Internet of Things (IoT) solutions. IoT applications leverage smart sensors to enhance manufacturing and industrial operations, leading to increased efficiency and automation while reducing labor requirements.

The demand for UWB technology is further bolstered by its applications in real-time location systems (RTLS), particularly in urbanized and modernized environments. Industrial infrastructure growth, technological advancements enhancing semiconductor device performance, and digitalization in healthcare and retail sectors also contribute to market expansion. The superior accuracy of UWB technology compared to alternatives like Wi-Fi and RFID makes it a preferred choice for industries aiming to streamline operations and optimize delivery times, ultimately saving costs.

Despite facing competition from alternatives such as Bluetooth, GPS, and Wi-Fi, UWB technology stands out due to its higher security, lower power consumption, wider bandwidth, and two-way communication capabilities. These advantages position UWB technology as a compelling solution for various applications, ensuring its continued growth and relevance in the market landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Ultra Wideband Chipset Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Real-Time Location Services (RTLS)
        2. Expansion of the Internet of Things (IoT)
        3. Integration with Smartphones
      2. Restraints
        1. Limited Regulatory Frameworks
        2. Higher Costs
        3. Short Range
      3. Opportunities
        1. Technological Advancements
        2. Growing Awareness
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Ultra Wideband Chipset Market, By Application , 2021 - 2031 (USD Million)
      1. Automobile
        1. Smart Car Access
        2. Others
      2. Drones
        1. Smart Home Devices
        2. Smartphones
        3. Others
    2. Global Ultra Wideband Chipset Market, By End User , 2021 - 2031 (USD Million)
      1. Individual
      2. Automotive
      3. Government
      4. Industrial
    3. Global Ultra Wideband Chipset Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Apple Inc
      2. BeSpoon SAS
      3. DecaWave Limited
      4. Fractus Antennas S.L.
      5. Furaxa Inc.
  7. Analyst Views
  8. Future Outlook of the Market