Wireless Data Communication Market Research Report - Global Forecast till 2030

Impact of COVID-19 on the Global Wireless Data Communication Market

Wireless data communication is a form of communication that uses the radio spectrum. The increasing demand for wireless data services for the exchange of information across the globe is driving the growth of the wireless data communication market. Besides, the growing demand for handheld devices such as tablets and smartphones, which are connected to wireless networks, is also responsible for the growth of the market. Wireless data communication helps in enhancing interfaces in real-time web surfing and applications, which has drastically increased data usage over wireless networks. The COVID-19 pandemic has affected most countries around the world and has boosted the growth of the market. The spread of the novel COVID-19 virus has significantly impacted various industries. Governments across the globe have imposed lockdowns, forcing people to stay at home, which, in turn, has minimized the physical interaction among people. Most companies have allowed their employees to work from home to ensure continuity of the business during the COVID-19 pandemic. People at home play online games, stream video and audio content and communicate through video conferencing, which has increased the usage of data, driving the growth of the market.

Wireless networks help multiple devices to communicate wirelessly, with no need for connections or cables. According to the MRFR analysis, Wi-Fi technology is expected to grow at a significant rate owing to the increasing adoption of Wi-Fi-enabled connected devices such as smart TVs and smart refrigerators. The use of Wi-Fi technology in consumer electronics devices allows users to control the devices remotely. These factors are expected to fuel the growth of the wireless data communication market.

Furthermore, the increasing demand for high-speed data networks has forced companies to invest heavily in R&D activities. The growing need for reliable networks supporting constant, seamless connectivity, and the shift from 4G to 5G networks are also expected to drive the growth of the market, post the lockdown period. Delays in the implementation of the 5G technology have slightly slowed down the growth of the market. 5G technology offers high-speed data Internet services, which would propel the growth of the market.