Wireless Connectivity Market 2018 Global Size, Share, Gross Margin Analysis, Emerging Technologies, Development Status, Competitive Landscape, Opportunity Assessment and Trends by Forecast 2022

“Market Research Future”
Market Research Future published a research report on “Global Wireless Connectivity Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario:

Wireless connectivity is a technology used to connect various consume and electronic devices. The information or the data are transferred in the form of data packets with the help of technology like Bluetooth, radio frequencies, internet and others. Besides this, the wireless connectivity also required in the application that are used by numerous IoT devices to enable the access points through data transfer and communication among all the devices. Therefore, growing demand of internet of thing (IoT) and increasing demand of cloud computing are some of the key driving factors for the growth of this market.

The increasing demand of wearable device applications is also adding fuel to the Wireless Connectivity Market. Whereas, the major shift from 3G to 4G connectivity is also expected to drive the wireless connectivity market globally. According the recent study the low power wide area network is evolving and growing rapidly. Various telecom companies have come up with solution such as NB-IoT which are considered as one the optimum enterprise solution. These solution benefits the enterprises by lowering the operating consumption cost.

The global wireless connectivity market is expected to grow from USD14.5 Billion in 2016 to USD 30.4 Billion by 2022, at an estimated CAGR of 10.9%. The growth of this market can be constrained by the factors such as the security issues faced by the customers for protection of data and lack of uniform communication protocol. Whereas, increase in the need of cross domain applications can open up some opportunities for the growth of the market.

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Industry Segments

The worldwide wireless connectivity industry has been divided into deployment, technology and applications. The technology division includes Wi-Fi, GPS, Bluetooth, cellular, ultra wide band and others. The deployment category contains gateways, control devices, cloud and others. The application category consists of public safety, healthcare, energy, wearable devices, consumer electronics, automotive and others.

Key Players

The prominent players in the market of Wireless connectivity market are – Texas Instruments Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Cypress Semiconductor Corporation (U.S.), Microchip Technology Inc. (U.S.), Qualcomm Incorporated. (U.S.), Weidmüller Interface GmbH & Co. (U.S.), Nexcom International Co., Ltd. (Taiwan), Bernafon Canada Ltd. (Canada), Intel Corporation. (U.S.) and MediaTek Inc. (Taiwan) among others.

Regional Analysis

The region wise study of this market states that North America is anticipated to boost the market owing to the intense research and development activities in the field of wireless connectivity, growth of a number of IoT, high penetration of Internet of Things, and cloud start-ups in the region which is trailed by the European and Asia Pacific market. The Asia-Pacific region is anticipated to develop owing to growth in the level of investments in the internet of things sector and various other industry verticals such as healthcare, manufacturing and transportation among others. Surge in the number of mobile user and also of many wearable devices is estimated to contribute for the development of the wireless connectivity market. The North American region is estimated to hold the top market share due to the presence of early technology adopters in the region. The region is also helped by the existence of technologically progressive countries such as U.S. and Canada which are encouraging the wireless connectivity market.

Industry Updates:

Feb 2018 Ruckus Networks has declared recently that it has finalized an international original equipment manufacturing (OEM) agreement with Dell EMC. The agreement enables Dell EMC’s networking sales team and end-user clientele access to Ruckus’ brand presence and assortment of secure wireless connectivity solutions which is not accessible through other suppliers. Dell EMC will bring Ruckus’ range of wireless solutions as Dell-branded solutions comprising controllers, secure network access software, access points, virtualised and data analytics assets along with Ruckus IoT and CBRS LTE products.

Feb 2018 Airgain Inc which is a wireless connectivity platforms company, has recently agreed on a multi-year partnership with McLaren Technology Group to boost technological progression in the automotive sector. The association will permit the organizations to discover the co-creation of wireless connectivity solutions. Airgain will also help McLaren Racing incorporate technology on-car, off-car and at the McLaren Technology Centre. Airgain has an assortment of connectivity solutions and knowledge in antenna uses for public safety, government and enterprise uses.

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Intended Audience:

  • Original equipment manufacturers
  • Wireless device manufacturers
  • Software providers
  • Component providers
  • Manufacturers of electronic devices
  • Investors
  • Industrial end users
  • Research institutes

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