The global demand for Wireless Connectivity Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028.
Wireless connectivity is a method used for communication networks, enterprise connections, and homes to decrease the complex cable networks across buildings. Advancements in various wireless connectivity technologies like ZigBee, BLE, Z-Wave, and EnOcean are providing the rapid deployment of wireless connections. The business demand has full-fledged for the wireless connectivity technologies to improve operational efficiency and cost saving. Wireless connectivity equipment like WiFi, Bluetooth, and GPS are becoming common for certain devices such as smart phones and mobile phones.
Technological advancements in wireless connectivity is providing rapid deployment of wireless sensors in smart homes and offices. The IoT devices make use of the wireless connectivity to assist an access point from which data transfer and communication between two devices takes place.
Market Dynamics
Growing trends in process optimization, home automation, and lifestyle improvement and increased requirement of smart infrastructure are giving rise to the wireless connectivity market. The need for the real-time results and the demand for the connected devices are majorly fueling the wireless connectivity market. The telecom industry and the consumer electronics market are growing rapidly which in turn is mounting the demand for the wireless connectivity market. Increased demand for wireless sensor networks for advancements in the telecommunications industry, and high adoption of smart phones is also expected to drive the market for wireless connectivity during forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Wireless Connectivity.
Market Segmentation
The entire wireless connectivity market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- Wireless Local Area Network
- Wireless Personal Area Network
- Satellite
- Low-Power Wide-Area Network
- Cellular
By Application
- Wi-Fi
- Bluetooth Classic
- Bluetooth Smart
- Bluetooth Smart Ready
- Z-Wave
- ZigBee
- Near Field Communication
- GPS/GNSS
- EnOcean
- Cellular
- UWB
- LoRa
- Sigfox
- NB-IoT
- LTE Cat-M1
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Wireless Connectivity market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Wireless Connectivity Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Wireless Connectivity market include Qualcomm, Intel, Broadcom, MediaTek, Texas Instruments, Cypress Semiconductor, NXP Semiconductors, STMicroelectronics, Microchip, EnOcean, NEXCOM, Skyworks Solutions, Murata Manufacturing, Marvell Technology, Quantenna Communications, Renesas Electronics, Nordic Semiconductor, CEVA, Espressif Systems and Peraso Technologies. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.