Wireless Connectivity Market Research Report- Global Forecast to 2027

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

Wireless Connectivity Market Overview


Global growth is expected to be phenomenal in the wireless connectivity market. It is expected that the wireless connectivity market will grow by 13.4% in the five years from 2018 to 2023. Therefore, from 2018 to 2023, the market is forecast to grow by 13.4%. In 2023, the wireless connectivity market size is expected to surpass 96.08 billion US dollars.


COVID 19 Analysis


Despite the COVID-19 pandemic, the global wireless connectivity market has a bright future. Pandemic COVID-19 has led to a worldwide indefinite lockdown and temporary quarantines in the aftermath.


Historically, the wireless connectivity market has faced several periods of challenges, most of which have been related to finding raw materials to manufacture the products and technologies required for the market. Hopefully, these challenges will be overcome once the pandemic has ended.


Market Dynamics:


Drivers


In the wireless connectivity market, it has primarily been radio frequency innovations, Internet technologies, and the Internet of Things that have fueled growth and development. These technologies are in high demand. Another important driver has been the growing demand for cloud computing and related technologies.


Restraints


Power guzzlers are wireless sensors included in various devices powered by telecommunications technologies. Connected devices and terminals are no exception. In the global wireless connectivity market, there are no uniform standards or guidelines. Consequently, this imposes a major barrier on the wireless connectivity market.


Challenges


Energy efficiency will be key in making products (wireless sensors, terminals, and connected devices). Another benefit is that this will bring down the cost and price of these devices. Consumers can benefit from these savings through lower prices.


Cumulative Growth Analysis


Global wireless connectivity market CAGR from now until December 2023 is forecast to be 13.4 percent. It is predicted that the market will be worth approximately 96.08 billion US Dollars by 2023.


Technology Analysis


In the wireless connectivity market, 5G technology is expected to be used in future products. It is the delivery of Internet and Internet of Things (IoT) services directly to people through new technologies. With these products and services, there will be no need for cables or wires.


Segment Overview


By Type:


Following is a breakdown of the wireless connectivity market:


Local wireless network (WLAN)


WPAN (Wireless Personal Area Network)


Using satellites


M2M using cellular technology


By Technology:


The purpose of wireless connectivity products and services (as stated earlier) is to connect networks, enterprises, and homes to the Internet and other related services without the use of complicated and bulky wires and cables. There are many other types of technology as well, such as Bluetooth, WI-FI, ultra-wideband, NFC, cellular, Zigbee, and many more.


By Deployment:


Wireless technologies are used by control devices, gateways, cloud industries, etc.


By Industry:


Wireless technologies are used in the following industries:



  • The healthcare industry

  • Safeguarding the public

  • Wearable technologies

  • The energy industry

  • Automotive

  • Consumer

  • The electronic industry


Regional Analysis


For wireless connectivity technology, Asia-Pacific holds the largest market share. This region is dominated by Japan, India, China, and South Korea. India and China have both experienced rapid economic growth in recent years and are the primary drivers behind the growth in the Asia-Pacific region.


The demand for smartphones and other mobile and electronic devices is increasing as purchasing power and discretionary income increase.


Smart cities have been implemented by the governments of India and China. The growth of these cities will spur the demand for wireless connectivity technology.


In the North American region, wireless connectivity is expected to grow the fastest. Major telecoms and technology companies dominate the wireless connectivity market. These include Microchip Technology, Qualcomm, and Cisco Systems Inc.


The Canadian market is also seeing growth and demand due to the increasing use of the internet of things (IoT) and artificial intelligence (AI).


Competitive Landscape


There is fierce competition in the wireless connectivity market. Major players and minor players are heavily concentrated in the wireless connectivity market. New players have recently entered the market. CAGRs and revenues are expected to be relatively high in the wireless connectivity market. Retrenching takes place via new product launches, joint ventures, and mergers and acquisitions.


Recent Developments



  • New pre-certified wireless modules have recently been launched by Silicon Labs. The modules are fully stackable.

  • Sentries BT710 trackers were recently introduced by Laird Technologies. Using these devices, companies can even disengage from social media activities.

  • NPX Semiconductor has recently combined Wi-Fi and Bluetooth technologies into a new product called RT MCU crossover. NPX Semiconductor hopes that the product will simplify product development.

  • A new line of single-port omnidirectional Wi-Fi antennas was introduced by KP Performance Antennas. They facilitate the tracking of far-away signals.

  • The ICAD series of integrated motion controllers and drivers are offered by Optimal Engineering Systems.


Report Overview


Wireless connectivity market growth can be attributed to the increased popularity of smartphones and IoT products. Among all regions, Asia-Pacific accounts for the highest market share. Nonetheless, North America will continue to experience 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