Global Wireless Connectivity Market, By Connectivity Technology (Wi-Fi, Bluetooth Classic, Bluetooth 4X, Bluetooth 5X, ZigBee, Z-Wave, Thread, NFC, GNSS, EnOcean, Cellular M2M Technologies, UWB, LoRa, SigFox, NB-IoT, LTE CATM1, Others), Type (WLAN, WPAN, Satellite, LPWAN, Cellular M2M), End Use (Wearable Devices, Healthcare, Consumer Electronics, Building Automation, Automotive & Transportation, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Wireless Connectivity Market
The wireless connectivity market is expected to witness market growth at a rate of 15.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on wireless connectivity market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the adoption of the internet of things (IoT) is escalating the growth of wireless connectivity market.
Various types of wireless technology and networks enable devices for sending data to each other and to the web (TCP/IP networks) without cables. There are various wireless technologies implementing in hardware products for the Machine to Machine (M2M) communication and Internet of Things (IoT).
The increase in the demand for wireless sensor networks in the development of smart infrastructure acts as one of the major factors driving the wireless connectivity market. The rise in the demand for smart phones and other wireless technology devices such as Wi-Fi, Bluetooth and ZigBee, and increase in trends such as work from home and virtual learning pertaining to the COVID-19 pandemic within the region drive the market growth. The increase in demand for low-power wide-area (LPWA) networks in the IoT applications and rise in the internet penetration rate, further influence the market. Additionally, urbanization and digitization, adoption of the Internet of Things (IoT), and advent of and rapid advancements in radio frequencies positively affect the wireless connectivity market. Furthermore, development of 5G network and support from governments across the world for R&D in the Internet of Things extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high power consumption by wireless sensors, terminals, and connected devices and lack of uniform communication standards are expected to obstruct the market growth. The rise in the privacy and security concerns in the age of IoT are projected to challenge the wireless connectivity market in the forecast period of 2021-2028.
This wireless connectivity market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on wireless connectivity market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Wireless Connectivity Market Scope and Market Size
The wireless connectivity market is segmented on the basis of connectivity technology, type, and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of connectivity technology, the wireless connectivity market is segmented into Wi-Fi, Bluetooth Classic, Bluetooth 4X, Bluetooth 5X, ZigBee, Z-Wave, Thread, NFC, GNSS, EnOcean, Cellular M2M Technologies, UWB, LoRa, SigFox, NB-IoT, LTE CATM1 and Others.
- On the basis of type, the wireless connectivity market is segmented into WLAN, WPAN, Satellite, LPWAN, and Cellular M2M.
- On the basis of end use, the wireless connectivity market is segmented into wearable devices, healthcare, consumer electronics, building automation, automotive & transportation and others.
Global Wireless Connectivity Market Country Level Analysis
The wireless connectivity market is analyzed and market size, volume information is provided by country, connectivity technology, type, and end use as referenced above.
The countries covered in the globally wireless connectivity market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe dominates the wireless connectivity market because of the technological advancements within the region. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 because of the several government initiatives taken by countries such as India, China and Japan.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wireless Connectivity Market Share Analysis
The wireless connectivity market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wireless connectivity market.
The major players covered in the wireless connectivity market reports are Intel Corporation, Texas Instruments Incorporated., Qualcomm Technologies, Inc., Broadcom., STMicroelectronics, NXP Semiconductors., Microchip Technology Inc., MediaTek Inc., Cypress Semiconductor Corporation., Renesas Electronics Corporation., EnOcean GmbH., NEXCOM International Co., Ltd, Skyworks Solutions, Inc., Murata Manufacturing Co., Ltd., Marvell, Nordic, ESPRESSIF SYSTEMS (SHANGHAI) CO., LTD., CEVA, Inc., Quantenna Communications, Inc., PERASO TECHNOLOGIES INC., and Panasonic Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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