Wireless Connectivity Market Research Report- Global Forecast to 2027

Global Wireless Connectivity Market Research Report, By Technology (Bluetooth, Wi-Fi, GPS), By Deployment (Control Devices, Gateways, Cloud), By Application (Healthcare, Automotive, Consumer Electronics), By Type (WLAN, WPAN, GNSS) — Forecast till 2027

ID: MRFR/SEM/1596-HCR | February 2021 | Region: Global | 110 pages

Market Overview


Growth in the global wireless connectivity market is expected to be phenomenal. The CAGR until the end of 2023 alone is expected to be 13.4%. That is the market is expected to grow by 13.4% in the five years from 2018 to 2023. The wireless connectivity market is expected to be worth 96.08 billion US Dollars by then.


 


COVID-19 Analysis


The future of the global wireless connectivity market is bright even in the wake of the global COVID-19 pandemic. The effect of the COVID-19 pandemic has prompted national governments around the world to impose temporary quarantines and indefinite lockdowns. 


The wireless connectivity market has suffered some challenges and setbacks, these have mostly been challenges in terms of sourcing the raw materials needed to produce the products and technologies needed in the wireless connectivity market. However, this should be overcome when the pandemic ends.


 


Market dynamics


Drivers


The advent of and rapid advancements in radio frequencies, the Internet, and the Internet of Things have been primarily what have been driving growth in the wireless connectivity market. There has been a growing demand for these technologies. The increasing demand for cloud computing and related technologies has also been an important driver.


  


Restraints


The wireless sensors that power various devices that use telecommunications technologies are power guzzlers. The same is true of terminals and connected devices. There are no uniform standards or guidelines in the global wireless connectivity market. This will be a key restraint for the market.


 


Challenges


One key challenge will be in making products (wireless sensors, terminals, and connected devices) that are more energy efficient. There will be a secondary benefit of bringing the cost and price of these devices down. These savings can be passed onto the end consumer in the form of lower prices.


 


Cumulative Growth Analysis


The CAGR for the global wireless connectivity market is expected to be at least 13.4 percent until December 2023. The total net worth of the market is expected to be approximately 96.08 billion US Dollars at the end of 2023.


 


Technology analysis 


The next generation of products in the global wireless connectivity market use 5G technologies. These are new technologies that are designed to deliver Internet and Internet of Things (IoT) services to people directly. They will no longer need cables or wires to use these products and services.


 


Segment overview


By technology


Wireless connectivity products and services are designed (as mentioned earlier) to connect networks, enterprises, and homes to the Internet and related services without the need for complex and bulky wires and cables. Technology also includes Bluetooth, WI-FI, ultra-wideband, NFC, cellular, Zigbee, and many others.


 


By type


The wireless connectivity market can be broken down into the following types:



  • Wireless local area network (WLAN)

  • Wireless personal area network (WPAN)

  • Satellite

  • Cellular M2M


By deployment


The control devices industry, gateways, cloud industries, etc...use wireless technologies.


 


By industry


The following industries use wireless technologies:



  • Healthcare

  • Public safety

  • Wearable devices

  • Energy

  • Automotive

  • Consumer

  • electronics 


Regional analysis


The Asia-Pacific region has the greatest market share for the global wireless connectivity technology market. The major nations in this region are Japan, India, China, and South Korea. Its rapid economic growth in India and China that’s serving as the main driver for growth in the market in the Asia-Pacific region.


As purchasing power and discretionary incomes increase, there is a growing demand for smartphones and other mobile and electronic devices.


India and China’s governments respectively have implemented smart cities. These cities will drive the increase in demand for wireless connectivity products and technologies.


The growth in the wireless connectivity market is expected to be the greatest in the North American region. This region has a large concentration of major telecoms and technology vendors. Some of these are 


  • Qualcomm

  • Cisco Systems Inc

  • Microchip Technology


The increasing usage of the IoT and artificial intelligence (AI) is also driving growth and demand in the North American region.


 


Competitive landscape


The wireless connectivity market is very competitive. This is because of the large concentration of major and minor players in the market. Some companies are also entering the market. They are driven by the relatively high CAGR and revenue generation potential. Companies are retrenching through new product launches, joint ventures, and mergers and acquisitions.


 


List of key companies



  • QUALCOMM Inc. (US), 

  • Cisco Systems Inc (US), 

  • Microchip Technology Inc. (US), 

  • Texas Instruments Inc. (US), 

  • Cypress Semiconductor Corporation (US), 

  • Intel Corporation (US), 

  • NXP Semiconductors (Netherlands), 

  • AT&T Inc. (US), 

  • STMicroelectronics NV (Switzerland),

  • Renesas Electronics Corporation (Japan) 


Recent developments



  • Silicon Labs recently launched a new edition of pre-certified wireless modules. These come with full-stack support

  • Laird Technologies has recently introduced the Sentries BT710 tracker. This will help companies make social distancing a reality.

  • NPX Semiconductors has recently merged Wi-Fi and Bluetooth technologies in a new product that it calls the RT MCU crossover. The objective of this product is to simplify product development.

  • KP Performance Antennas recently launched the single-port omnidirectional Wi-Fi antennas. These are designed to track signals from far away.

  • Optimal Engineering Systems is selling ICAD series of integrated motion controllers and drivers for specialized motors.


Report Overview


The increased popularity of smartphones and products that use the IoT is primarily what is driving growth in the global wireless connectivity market. The market share is highest in the Asia-Pacific region. However, the North American region is experiencing the highest growth rates until the end of 2023.



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 96.08 billion
  CAGR   13.4%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, Deployment, By Application, Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cisco Systems Inc (US), STMicroelectronics NV (Switzerland), Texas Instruments Inc. (US), Intel Corporation (US), Microchip Technology Inc. (US), NXP Semiconductors (Netherlands), AT&T Inc. (US), QUALCOMM Inc. (US), Cypress Semiconductor Corporation (US), and Renesas Electronics Corporation (Japan)
  Key Market Opportunities   The fast progress in radio frequencies, internet, and IoT.
  Key Market Drivers

  • The increasing demand for cloud computing and related technologies.
  • The increasing usage of the IoT and artificial intelligence (AI).


  • Frequently Asked Questions (FAQ) :


    It’s expected to grow from 45.21 billion in US Dollars in 2017 to 96.08 billion in US Dollars by the end of 2023.

    People are using IoT and are installing connected devices more often. This will drive growth and generate revenue for the industry.

    WLAN, GNSS, WPAN, and cellular M2M are segmenting the market by type.

    Bluetooth, Wi-Fi. Ultra-wideband, GPS, NFC, Zigbee cellular, etc...

    TABLE OF CONTENTS

    1. Executive Summary

    2. Scope of the Report

    2.1. Market Definition

    2.2. Scope of the Study

    2.2.1. Research Objectives

    2.2.2. Assumptions & Limitations

    2.3. Market Structure

    3. Market Research Methodology

    3.1. Research Process

    3.2. Secondary Research

    3.3. Primary Research

    3.4. Forecast Model

    4. Market Landscape

    4.1. Porter’s Five Forces Analysis

    4.1.1. Threat of New Entrants

    4.1.2. Bargaining power of buyers

    4.1.3. Threat of substitutes

    4.1.4. Rivalry

    4.1.5. Bargaining Power of Suppliers

    4.2. Value Chain/Supply Chain of Global Wireless Connectivity Market

    5. Market Overview of Global Wireless Connectivity Market

    5.1. Introduction

    5.2. Growth Drivers

    5.3. Impact Analysis

    5.4. Market Challenges

    6. Market Trends

    6.1. Introduction

    6.2. Growth Trends

    6.3. Impact Analysis

    7. Global Wireless Connectivity Market, by Technology

    7.1. Introduction

    7.2. Bluetooth

    7.2.1. Market Estimates & Forecast, 2020–2027

    7.2.2. Market Estimates & Forecast, by Region, 2020–2027

    7.3. Wi-Fi

    7.3.1. Market Estimates & Forecast, 2020–2027

    7.3.2. Market Estimates & Forecast, by Region, 2020–2027

    7.4. Ultra-Wide Band

    7.4.1. Market Estimates & Forecast, 2020–2027

    7.4.2. Market Estimates & Forecast, by Region, 2020–2027

    7.5. NFC

    7.5.1. Market Estimates & Forecast, 2020–2027

    7.5.2. Market Estimates & Forecast, by Region, 2020–2027

    7.6. Cellular

    7.6.1. Market Estimates & Forecast, 2020–2027

    7.6.2. Market Estimates & Forecast, by Region, 2020–2027

    7.7. Zigbee

    7.7.1. Market Estimates & Forecast, 2020–2027

    7.7.2. Market Estimates & Forecast, by Region, 2020–2027

    7.8. GPS

    7.8.1. Market Estimates & Forecast, 2020–2027

    7.8.2. Market Estimates & Forecast, by Region, 2020–2027

    7.9. Others

    7.9.1. Market Estimates & Forecast, 2020–2027

    7.9.2. Market Estimates & Forecast, by Region, 2020–2027

    8. Global Wireless Connectivity Market, by Deployment

    8.1. Introduction

    8.2. Control Devices

    8.2.1. Market Estimates & Forecast, 2020–2027

    8.2.2. Market Estimates & Forecast, by Region, 2020–2027

    8.3. Gateways

    8.3.1. Market Estimates & Forecast, 2020–2027

    8.3.2. Market Estimates & Forecast, by Region, 2020–2027

    8.4. Cloud

    8.4.1. Market Estimates & Forecast, 2020–2027

    8.4.2. Market Estimates & Forecast, by Region, 2020–2027

    8.5. Others

    8.5.1. Market Estimates & Forecast, 2020–2027

    8.5.2. Market Estimates & Forecast, by Region, 2020–2027

    9. Global Wireless Connectivity Market, by Type

    9.1. Introduction

    9.2. Wireless Local Area Network (WLAN)

    9.2.1. Market Estimates & Forecast, 2020–2027

    9.2.2. Market Estimates & Forecast, by Region, 2020–2027

    9.3. Wireless Personal Area Network (WPAN)

    9.3.1. Market Estimates & Forecast, 2020–2027

    9.3.2. Market Estimates & Forecast, by Region, 2020–2027

    9.4. Satellite (GNSS)

    9.4.1. Market Estimates & Forecast, 2020–2027

    9.4.2. Market Estimates & Forecast, by Region, 2020–2027

    9.5. Cellular M2M

    9.5.1. Market Estimates & Forecast, 2020–2027

    9.5.2. Market Estimates & Forecast, by Region, 2020–2027

    10. Global Wireless Connectivity Market, by Application

    10.1. Introduction

    10.2. Healthcare

    10.2.1. Market Estimates & Forecast, 2020–2027

    10.2.2. Market Estimates & Forecast, by Region, 2020–2027

    10.3. Public Safety

    10.3.1. Market Estimates & Forecast, 2020–2027

    10.3.2. Market Estimates & Forecast, by Region, 2020–2027

    10.4. Wearable devices

    10.4.1. Market Estimates & Forecast, 2020–2027

    10.4.2. Market Estimates & Forecast by Region, 2020-2027

    10.5. Energy

    10.5.1. Market Estimates & Forecast, 2020–2027

    10.5.2. Market Estimates & Forecast by Region, 2020-2027

    10.6. Automotive

    10.6.1. Market Estimates & Forecast, 2020–2027

    10.6.2. Market Estimates & Forecast by Region, 2020-2027

    10.7. Consumer Electronics

    10.7.1. Market Estimates & Forecast, 2020–2027

    10.7.2. Market Estimates & Forecast by Region, 2020-2027

    11. Global Wireless Connectivity Market, by Region

    11.1. Introduction

    11.2. North America

    11.2.1. Market Estimates & Forecast, by Country 2020–2027

    11.2.2. Market Estimates & Forecast, by Technology, 2020–2027

    11.2.3. Market Estimates & Forecast, by Deployment, 2020–2027

    11.2.4. Market Estimates & Forecast, by Applications, 2020–2027

    11.2.5. Market Estimates & Forecast, by Type, 2020–2027

    11.2.6. US

    11.2.6.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.2.6.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.2.6.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.2.6.4. Market Estimates & Forecast, by Type, 2020–2027

    11.2.7. Mexico

    11.2.7.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.2.7.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.2.7.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.2.7.4. Market Estimates & Forecast, by Type, 2020–2027

    11.2.8. Canada

    11.2.8.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.2.8.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.2.8.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.2.8.4. Market Estimates & Forecast, by Type, 2020–2027

    11.3. Europe

    11.3.1. Market Estimates & Forecast, by Country 2020–2027

    11.3.2. Market Estimates & Forecast, by Technology, 2020–2027

    11.3.3. Market Estimates & Forecast, by Deployment, 2020–2027

    11.3.4. Market Estimates & Forecast, by Applications, 2020–2027

    11.3.5. Market Estimates & Forecast, by Type, 2020–2027

    11.3.6. Germany

    11.3.6.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.3.6.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.3.6.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.3.6.4. Market Estimates & Forecast, by Type, 2020–2027

    11.3.7. France

    11.3.7.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.3.7.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.3.7.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.3.7.4. Market Estimates & Forecast, by Type, 2020–2027

    11.3.8. UK

    11.3.8.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.3.8.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.3.8.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.3.8.4. Market Estimates & Forecast, by Type, 2020–2027

    11.4. Asia-Pacific

    11.4.1. Market Estimates & Forecast, by Country 2020–2027

    11.4.2. Market Estimates & Forecast, by Technology, 2020–2027

    11.4.3. Market Estimates & Forecast, by Deployment, 2020–2027

    11.4.4. Market Estimates & Forecast, by Applications, 2020–2027

    11.4.5. Market Estimates & Forecast, by Type, 2020–2027

    11.4.6. China

    11.4.6.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.4.6.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.4.6.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.4.6.4. Market Estimates & Forecast, by Type, 2020–2027

    11.4.7. India

    11.4.7.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.4.7.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.4.7.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.4.7.4. Market Estimates & Forecast, by Type, 2020–2027

    11.4.8. Japan

    11.4.8.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.4.8.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.4.8.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.4.8.4. Market Estimates & Forecast, by Type, 2020–2027

    11.4.9. Rest of Asia-Pacific

    11.4.9.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.4.9.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.4.9.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.4.9.4. Market Estimates & Forecast, by Type, 2020–2027

    11.5. Rest of the World

    11.5.1. Market Estimates & Forecast, by Country 2020–2027

    11.5.2. Market Estimates & Forecast, by Technology, 2020–2027

    11.5.3. Market Estimates & Forecast, by Deployment, 2020–2027

    11.5.4. Market Estimates & Forecast, by Applications, 2020–2027

    11.5.5. Market Estimates & Forecast, by Type, 2020–2027

    11.5.6. Middle East & Africa

    11.5.6.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.5.6.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.5.6.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.5.6.4. Market Estimates & Forecast, by Type, 2020–2027

    11.5.7. Latin Countries

    11.5.7.1. Market Estimates & Forecast, by Technology, 2020–2027

    11.5.7.2. Market Estimates & Forecast, by Deployment, 2020–2027

    11.5.7.3. Market Estimates & Forecast, by Applications, 2020–2027

    11.5.7.4. Market Estimates & Forecast, by Type, 2020–2027

    12. Company Profiles

    12.1. QUALCOMM Inc.

    12.1.1. Company Overview

    12.1.2. Product/Business Segment Overview

    12.1.3. Financial Updates

    12.1.4. Key Developments

    12.1.5. SWOT Analysis

    12.2. Cisco Systems Inc

    12.2.1. Company Overview

    12.2.2. Product/Business Segment Overview

    12.2.3. Financial Updates

    12.2.4. Key Developments

    12.2.5. SWOT Analysis

    12.3. Microchip Technology Inc.

    12.3.1. Company Overview

    12.3.2. Product/Business Segment Overview

    12.3.3. Financial Updates

    12.3.4. Key Developments

    12.3.5. SWOT Analysis

    12.4. Texas Instruments Inc.

    12.4.1. Company Overview

    12.4.2. Product/Business Segment Overview

    12.4.3. Financial Updates

    12.4.4. Key Developments

    12.4.5. SWOT Analysis

    12.5. Cypress Semiconductor Corporation

    12.5.1. Company Overview

    12.5.2. Product/Business Segment Overview

    12.5.3. Financial Updates

    12.5.4. Key Developments

    12.5.5. SWOT Analysis

    12.6. Intel Corporation

    12.6.1. Company Overview

    12.6.2. Product/Business Segment Overview

    12.6.3. Financial Updates

    12.6.4. Key Developments

    12.6.5. SWOT Analysis

    12.7. NXP Semiconductors

    12.7.1. Company Overview

    12.7.2. Product/Business Segment Overview

    12.7.3. Financial Updates

    12.7.4. Key Developments

    12.7.5. SWOT Analysis

    12.8. AT&T Inc.

    12.8.1. Company Overview

    12.8.2. Product/Business Segment Overview

    12.8.3. Financial Updates

    12.8.4. Key Developments

    12.8.5. SWOT Analysis

    12.9. STMicroelectronics NV

    12.9.1. Company Overview

    12.9.2. Product/Business Segment Overview

    12.9.3. Financial Updates

    12.9.4. Key Developments

    12.9.5. SWOT Analysis

    12.10. Renesas Electronics Corporation

    12.10.1. Company Overview

    12.10.2. Product/Business Segment Overview

    12.10.3. Financial Updates

    12.10.4. Key Developments

    13. Conclusion


    LIST OF TABLES

    Table1 Global Wireless Connectivity Market, By Country, 2020-2027

    Table2 North America: Wireless Connectivity Market, By Country, 2020–2027

    Table3 Europe: Wireless Connectivity Market, By Country, 2020–2027

    Table4 Asia-Pacific: Wireless Connectivity Market, By Country, 2020–2027

    Table5 Latin America: Wireless Connectivity Market, By Country, 2020–2027

    Table6 North America: Wireless Connectivity Market, By Country

    Table7 North America: Wireless Connectivity Market, By Technology

    Table8 North America: Wireless Connectivity Market, By Deployment

    Table9 North America: Wireless Connectivity Market, By Applications

    Table10 North America: Wireless Connectivity Market, By Type

    Table11 Europe: Wireless Connectivity Market, By Country

    Table12 Europe: Wireless Connectivity Market, By Technology

    Table13 Europe: Wireless Connectivity Market, By Deployment

    Table14 Europe: Wireless Connectivity Market, By Applications

    Table15 Europe: Wireless Connectivity Market, By Type

    Table16 Asia-Pacific: Wireless Connectivity Market, By Country

    Table17 Asia-Pacific Wireless Connectivity Market, By Technology

    Table18 Asia-Pacific Wireless Connectivity Market, By Deployment

    Table19 Asia-Pacific Wireless Connectivity Market, By Applications

    Table20 Asia-Pacific Wireless Connectivity Market, By Type

    Table21 Middle East & Africa: Wireless Connectivity Market, By Country

    Table22 Middle East & Africa: Wireless Connectivity Market, By Technology

    Table23 Middle East & Africa: Wireless Connectivity Market, By Deployment

    Table24 Middle East & Africa: Wireless Connectivity Market, By Applications

    Table25 Middle East & Africa: Wireless Connectivity Market, By Type

    Table26 Latin America: Wireless Connectivity Market, By Country

    Table27 Latin America: Wireless Connectivity Market, By Technology

    Table28 Latin America: Wireless Connectivity Market, By Deployment

    Table29 Latin America: Wireless Connectivity Market, By Applications

    Table30 Latin America: Wireless Connectivity Market, By Type


    LIST OF FIGURES

    Figure 1 Global Wireless Connectivity Market segmentation

    Figure 2 Forecast Methodology

    Figure 3 Porter’s Five Forces Analysis of Global Wireless Connectivity Market

    Figure 4 Value Chain of Global Wireless Connectivity Market

    Figure 5 Share of Wireless Connectivity Market in 2020, by country (in %)

    Figure 6 Global Wireless Connectivity Market, 2020–2027

    Figure 7 Share of Global Wireless Connectivity Market by Industry, 2020–2027

    Figure 8 Global Wireless Connectivity Market Size, by Technology, 2020

    Figure 9 Share of Global Wireless Connectivity Market, by Technology, 2020–2027

    Figure 10 Global Wireless Connectivity Market Size, by Deployment, 2020

    Figure 11 Share of Global Wireless Connectivity Market, by Deployment, 2020–2027

    Figure 12 Global Wireless Connectivity Market Size, by Applications, 2020

    Figure 13 Share of Global Wireless Connectivity Market, by Applications, 2020–2027

    Figure 14 Global Wireless Connectivity Market Size, by Type, 2020

    Figure 15 Share of Global Wireless Connectivity Market, by Type, 2020–2027