The global Wireless Connectivity Technology market size was valued at $531.7 billion in 2019 and is expected to reach $1503.8 billion by 2027, growing at a CAGR of 13.0% from 2021 to 2027. Factors such as increasing demand for wireless networks in smart infrastructure development create growth opportunities for wireless connectivity technology market. The interconnection of human and material resources is required for large cities to develop into smart cities globally. Growing adoption of AI assistants and IoT integration of surveillance cameras are driving the market growth. IoT is expanding at a rapid pace and is expected to grow at a constant rate over the next few years.
A full report of Wireless Connectivity Market available at https://www.orionmarketreports.com/wireless-connectivity-market/42072/
Wireless Connectivity Market: Segmentation
By Technology
• Wi-Fi
• Bluetooth
• Zigbee
• NFC
• Cellular
• Others
By Application
• Consumer Electronics
• Automotive
• Healthcare
• Aerospace & Defense
• IT & Telecom
• Others
Key Market Players
• Qualcomm Incorporated
• Intel Corporation
• NXP Semiconductors N.V.
• Texas Instruments
• STMicroelectronics N.V.
• Broadcom
• Panasonic Corporation
• Infineon Technologies AG
• Renesas Electronics
• MediaTek Inc.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
