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New report examines the wireless connectivity market to grow at a CAGR of 7.6% to 2022

IT Market Research

Major drivers for the growth of wireless connectivity are increasing connectivity of the internet, growing demand for smartphones and other wirelessly connected devices, increasing market for cloud computing and IoT, and increasing demand for low-power wide-area networks (LPWA) network.

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The wireless connectivity market, in terms of value, is expected to reach at USD 24.69 billion by 2022, at a CAGR of 7.6% between 2016 and 2022. 

However, lack of uniform communication standards and interference with other electromagnetic sources, physical object, and layered structure limit the growth of wireless connectivity technology, thereby acting as constraints for the growth of the wireless connectivity market.

The Wi-Fi technology has been broadly accepted and has been used across the globe since its inception 16 years ago.

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Devices such as routers, repeaters, and modems, which have application in almost every sector be it commercial or residential, are the major consumers of the Wi-Fi chips.

With growing IoT ecosystem, the market for connected devices is expected to grow during the forecast period. Telecommunication plays a very important role in providing connectivity to devices, such as smartphones, smart meters, and wearable, among others. 

The Wi-Fi Alliance is working on new type of Wi-Fi named Wi-Fi HaLow that works on new IEEE 802.ah standard and uses bandwidth of 900 MHz. It requires low power and can connect to a large number of devices, thereby making it as one of the ideal technologies for applications such building automation and healthcare.

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Wearable devices application is expected to grow at the highest CAGR between 2016 and 2022. The proliferation of Internet of Things and benefits of wearable devices in tracking important vital related to health are increasing adoption of smart watches and activity trackers, thus driving the growth of wearable devices.

Key Points From Table Of Content :

Company Profiles :

(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*

  • Introduction
  • Intel Corporation
  • Qualcomm Incorporated
  • NXP Semiconductors N.V.
  • Stmicroelectronics N.V.
  • Texas Instruments Inc.
  • Atmel Corporation
  • Mediatek Inc.
  • Cypress Semiconductor Corporation
  • Enocean GmbH
  • Nexcom International Co., Ltd.

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Premium Insight :

  • Attractive Market Opportunities
  • Wireless Connectivity Market, By Geography
  • Market, By Application and Geography
  • Market, By Connectivity Technology
  • Wireless Connectivity Market, By Application, 2016 & 2022
  • Wi-Fi Connectivity Technology, By Geography

Research Coverage:

This report covers key connectivity technologies and application of the wireless connectivity market. The connectivity technology segment covers major wireless technologies as Wi–Fi, Bluetooth, Bluetooth Smart, Bluetooth Smart/Ant+, ZigBee, Near Field Communication (NFC), Global Navigation Satellite System (GNSS), EnOcean, Ant+, Cellular, On the basis of application the wireless connectivity market are segmented into wearable devices, healthcare, automotive & transportation, building automation, industrial, consumer electronics, agriculture, and telecommunication.

The entire wireless connectivity market is divided on the basis of region into North America, Europe, APAC, and RoW.

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