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Wireless Connectivity Market to Surpass at a Value of $34.71 billion by 2023

According to Stratistics MRC, the Global Wireless connectivity market is expected to grow from $18.73 billion in 2016 to reach $34.71 billion by 2023 with a CAGR of 9.2%. Growing demand for smartphones and cloud computing are some of the key factors favouring the market growth. However, absence of uniform communication principles is hampering the market growth.

Expanded government financing for quick advancement of IoT and developing demand for cross domain applications are provides huge opportunities for the market growth.

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Based on application, consumer electronics is mainly driven by the increase of Internet of Things and machine to machine communication which has been produced a huge market for IoT enabled devices which creates demand for enhanced connectivity technologies to maintain these devices.

North America held the largest market share of the wireless connectivity market owing to its intense research and development in the field of wireless connectivity, huge penetration of Internet of Things, and expansion of number of IoT and cloud start-ups in the region.

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Some of the key players in Wireless Connectivity market include Qualcomm Incorporated, Stmicroelectronics N.V., Atmel Corporation, Cypress Semiconductor Corporation, Nexcom International Co., Ltd., Mediatek Inc., Texas Instruments Inc., NXP Semiconductors N.V., Enocean GmbH, Intel Corporation, Broadcom, Marvell and Murata.

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Applications Covered:

Healthcare

Agriculture

Industrial

IT and Telecommunications

Consumer Electronics

Automotive & Transportation

Wearable Devices

Building Automation

 

Connectivity Technologies Covered:

Bluetooth

Wi-Fi/Bluetooth Smart

ZigBee

Global Navigation Satellite System (GNSS)

Ant+

Wireless Highway Addressable Remote Transducer Protocol (WHART)

Wi-Fi

Bluetooth Smart

Bluetooth Smart/Ant+

Near Field Communication (NFC)

Enocean

Cellular Technologies

Other Connectivity Technologies

 

Regions Covered:

North America

US

Canada

Mexico

Europe

Germany

U.K

Italy

France

Spain

Rest of Europe

Asia Pacific

Japan

China

India

Australia

New Zealand

South Korea

Rest of Asia Pacific

South America

Argentina

Brazil

Chile

Rest of South America

Middle East & Africa

Saudi Arabia

UAE

Qatar

South Africa

Rest of Middle East & Africa

 

Table of Content

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Wireless Connectivity Market, By Application

6 Global Wireless Connectivity Market, By Connectivity Technology

7 Global Wireless Connectivity Market, By Geography

8 Key Developments

9 Company Profiling

 

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