The global market for wireless connectivity is estimated to grow at a CAGR of 13.8% during the forecast period. The market is mainly driven due to the growing integration of IoT devices, growing internet penetration, technical advancement in telecommunication and high penetration of smartphones across the globe. At present, there are various types of IoT-based wearable devices are getting into the market. Fitness trackers, sensors, smartwatches, hearing aids, and pacemakers are the dominating wearable devices in wireless connectivity. In February 2019, Samsung introduces three new wearables such as galaxy wearables, galaxy watch active and galaxy fit/galaxy fit e for balanced and connected living. Galaxy buds have wireless charging and device to devise power-sharing and also get a quick charging boost on the go from Galaxy S10 which is the latest Samsung smartphone. Galaxy watch active has WPC-based (Wireless Power Consortium) wireless connectivity and galaxy fit/galaxy fit e has NFC (Near Field Communication) wireless connectivity for charging.
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The global wireless connectivity market is segregated on the basis of technology and application. Based on the technology the global wireless connectivity market is classified into Wi-Fi, Bluetooth, ZigBee, near field communication (NFC), cellular technologies, global navigation satellite system (GNSS), and others (Enocean, Z-Wave). The Wi-Fi segment is projected to hold a significant share in the global wireless connectivity market owing to the growing application of Wi-Fi as a wireless connectivity solution in various sectors such as consumer and enterprise. On the basis of the application, the market is further segmented into consumer electronics, automotive and transportation, healthcare, industrial, IT & telecom and others (building automation).
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Wireless Connectivity Market by Technology
- Wi-Fi
- Bluetooth
- Zigbee
- Near Field Communication (NFC)
- Cellular Technologies
- Global Navigation Satellite System (GNSS)
- Others (Enocean, Z-Wave)
Global Wireless Connectivity Market by Application
- Consumer Electronics
- Automotive and Transportation
- Healthcare
- Industrial
- IT & Telecom
- Others (Building Automation)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Ceva, Inc.
- EnOcean GmbH
- Espressif Systems Pte., Ltd.
- Broadcom Inc.
- Cypress Semiconductor Corp.
- Intel Corp.
- Microchip Technology Inc.
- MediaTek Inc.
- Murata Manufacturing Co., Ltd.
- Nexcom International Co., Ltd.
- Nordic Semiconductor
- NXP Semiconductors
- Peraso Technologies, Inc.
- Qualcomm Technologies, Inc.
- Renesas Electronics Corp.
- STMicroelectronics International N.V.
- Skyworks Solutions, Inc.
- Texas Instruments Inc.
- Quantenna Communications, Inc.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global wireless connectivity market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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