According to the recent study the wireless connectivity market is projected to grow at a CAGR of 13% from 2019 to 2024. Growth in this market is primarily driven by increasing demand for smart infrastructure, growing internet penetration, increasing demand for smartphones, and increasing adoption of IOT.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in wireless connectivity market by connectivity technology (Wi-Fi, Bluetooth, Z-wave, ZigBee, NFC, GPS/GNSS, EnOcean, Cellular, and others), end use industry (wearable devices, IT and telecommunication, healthcare, transportation, consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Wi-Fi market is expected to remain the largest segment during the forecast period.”
Based on connectivity technology, the wireless connectivity market is segmented into Wi-Fi, Bluetooth, Z-wave, ZigBee, NFC, GPS/GNSS, EnOcean, Cellular, and others. Lucintel forecasts that the Wi-Fi market is expected to remain the largest segment due to increasing smartphone penetration and increasing adoption of connected home devices, such as smart TVs, thermostats, and lighting solutions.
“Asia pacific will dominate the wireless connectivity market in near future.”
APAC will remain the largest region over the forecast period due to increasing smartphone demand and internet penetration.
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Major players of wireless connectivity market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Intel, Qualcomm, NXP Semiconductors, STMicroelectronics, Texas Instruments, Microchip Technology, Mediatek, Cypress Semiconductor, Broadcom, Enocean, and others are among the major wireless connectivity providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/wireless-connectivity-market.aspx or [email protected]
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