HOME Top Market Reports Wireless Connectivity Market by Connectivity Technology (Wi-Fi, Bluetooth Classic, Bluetooth Smart, NFC, ZigBee, Z-Wave, GNSS, LTE Cat-M1, NB-IoT, LoRa, Sigfox), Type (WLAN, WPAN, LPWAN), and Geography - Global Forecast to 2023

Wireless Connectivity Market by Connectivity Technology (Wi-Fi, Bluetooth Classic, Bluetooth Smart, NFC, ZigBee, Z-Wave, GNSS, LTE Cat-M1, NB-IoT, LoRa, Sigfox), Type (WLAN, WPAN, LPWAN), and Geography - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: May 2018
Report Code: SE 4662

 

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The wireless connectivity market was valued at USD 44.34 Billion in 2017 and is expected to reach USD 95.66 Billion by 2023, at a CAGR of 13.42% during the forecast period. The base year considered for this study is 2017, and the forecast period is between 2018 and 2023.

Objectives of the Study

  • To define, describe, and forecast the wireless connectivity market, in terms of value and volume, segmented on the basis of connectivity technology, type, and geography
  • To forecast the market size, in terms of value and volume, for various segments with respect to 4 main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To provide detailed information and analysis of major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
  • To provide a detailed overview of the value chain of the ecosystem of wireless connectivity solutions
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the wireless connectivity market
  • To strategically profile the key players and comprehensively analyze their market positions in terms of ranking and core competencies2, along with detailing the competitive landscape for market leaders
  • To analyze growth strategies such as product launches and developments, acquisitions, expansions, and agreements adopted by the major players in the wireless connectivity market

The research methodology used to estimate and forecast the wireless connectivity market begins with capturing data on key vendor revenues through secondary research. The secondary sources include research papers and journals of ZigBee Alliance, IEEE Association (US), Bluetooth Special Interest Group (US), Wi-Fi Alliance (US), Global Semiconductor Alliance (US), Semiconductor Industry Association (US), European Semiconductor Industry Association, Belgium (ESIA), and MarketsandMarkets Analysis. Moreover, vendor offerings have been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the size of the overall wireless connectivity technologies from the revenue of the key players in this market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primary respondents is depicted in the following figure.

Wireless Connectivity Market

To know about the assumptions considered for the study, download the pdf brochure

The wireless connectivity market comprises following players: Qualcomm (US), Intel (US), Broadcom (US), MediaTek (Taiwan), Texas Instruments (US), Cypress Semiconductor (US), NXP Semiconductors (Netherlands), and STMicroelectronics (Switzerland), Microchip (US), and EnOcean (Germany). The market also covers other player such as NEXCOM (Taiwan), Skyworks Solutions (US), Murata Manufacturing (Japan), Marvell Technology (US), Quantenna Communications (US), Renesas Electronics (Japan), Nordic Semiconductor (Norway), CEVA (US), Espressif Systems (China), and Peraso Technologies (Canada).

Target Audience:

  • Raw material and manufacturing equipment suppliers
  • Original equipment manufacturers (OEMs)
  • Research institutes
  • Market research and consulting firms
  • Forums, alliances, and associations
  • Technology investors
  • Governments and financial institutions
  • Analysts and strategic business planners
  • End users willing to know more about the technology and the latest technological developments in the wireless connectivity technologies industry

Wireless Connectivity Market Scope:

To provide a holistic picture, the current market demand and forecasts have also been included in the report. The market segmentation is given below.

By Connectivity Technology

  • Wi-Fi      
    • Wi-Fi by Band
      • Single Band
      • Dual Band
      • Tri–Band
  • Bluetooth Classic               
  • Bluetooth Smart 
  • Bluetooth Smart Ready
  • Z-Wave 
  • ZigBee  
  • Near Field Communication (NFC) 
  • GPS/GNSS           
  • EnOcean               
  • Cellular
    • 2G
    • 3G         
    • 4G+       
  • UWB
  • LoRa
  • Sigfox
  • NB-IoT
  • LTE Cat-M1
  • Others (include N-Wave, Wi-SUN, Extended Coverage–GSM–Internet of Things (EC-GSM-IoT), Weightless, Ingenu, Qowisio, Wi-Fi HaLow, Wireless Highway Addressable Remote Transducer Protocol (WirelessHART), and Telensa.)

Product Type, By Type

  • Wireless Local Area Network (WLAN)
  • Wireless Personal Area Network (WPAN)    
  • Satellite (GNSS)  
  • Low-Power Wide-Area Network (LPWAN)
  • Cellular 

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe (RoE)
  • Asia Pacific (APAC)
    • China
    • Japan
    • South Korea
    • Rest of APAC (RoAPAC)
  • Rest of the World (RoW)
    • South America
    • Middle East & Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company's specific needs. The following customization options are available for this report:

  • Market size for 2020 and 2022 for connectivity technology, type, and geography.
  • Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Scope of the Study
           1.3.1 Geographic Scope
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in Wireless Connectivity Market
    4.2 Wireless Connectivity Market for LPWAN, By Technology
    4.3 Wireless Connectivity Market, By Connectivity Technology
    4.4 Wireless Connectivity Market in APAC, By Connectivity Technology
    4.5 Wireless Connectivity Market, By Country

5 Market Overview (Page No. - 42)
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Increased Demand for Wireless Sensor Networks for Creating Smart Infrastructure
                    5.1.1.2 Significant Increase in the Internet Penetration Rate
                    5.1.1.3 Advancements in the Telecommunications Industry and High Adoption of Smartphones
                    5.1.1.4 Rise in the Adoption of Iot
                    5.1.1.5 Increased Demand for Low-Power Wide-Area (LPWA) Networks in IoT Applications
           5.1.2 Restraints
                    5.1.2.1 High Power Consumption By Wireless Sensors, Terminals, and Connected Devices
                    5.1.2.2 Lack of Uniform Communication Standards
           5.1.3 Opportunities
                    5.1.3.1 Development of 5g Network
                    5.1.3.2 Proliferation of Wi-Fi as A Wireless Connectivity Standard in Consumer and Enterprise Sectors
                    5.1.3.3 Significant Financial Support From Governments Across the World for R&D in the Internet of Things
                    5.1.3.4 Emerging Need for Cross-Domain Applications
           5.1.4 Challenges
                    5.1.4.1 Increasing Privacy and Security Concerns in the Age of Iot

6 Wireless Connectivity Market, By Connectivity Technology (Page No. - 49)
    6.1 Introduction
    6.2 Wi-Fi
           6.2.1 Wi-Fi, By Band
                    6.2.1.1 Single Band
                    6.2.1.2 Dual Band
                    6.2.1.3 Tri-Band
    6.3 Bluetooth Classic
    6.4 Bluetooth Smart
    6.5 Bluetooth Smart Ready
    6.6 Zigbee
    6.7 Z-Wave
    6.8 Near Field Communication (NFC)
    6.9 Global Navigation Satellite System (GNSS)
    6.10 Enocean
    6.11 Cellular M2M Technologies
           6.11.1 2G
           6.11.2 3G
           6.11.3 4G+
    6.12 UWB (Ultra-Wideband)
    6.13 Lora
    6.14 Sigfox
    6.15 Nb-Iot (Narrowband Iot)
    6.16 LTE CAT M1
    6.17 Others

7 Wireless Connectivity Market, By Type (Page No. - 81)
    7.1 Introduction
    7.2 Wireless Local Area Network (WLAN)
    7.3 Wireless Personal Area Network (WPAN)
    7.4 Satellite (GNSS)
    7.5 Low-Power Wide-Area Network (LPWAN)
    7.6 Cellular M2M

8 Geographic Analysis (Page No. - 93)
    8.1 Introduction
    8.2 North America
           8.2.1 US
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 UK
           8.3.2 France
           8.3.3 Germany
           8.3.4 Italy
           8.3.5 Rest of Europe
    8.4 Asia Pacific (APAC)
           8.4.1 China
           8.4.2 Japan
           8.4.3 South Korea
           8.4.4 Rest of APAC
    8.5 Rest of the World (RoW)
           8.5.1 Middle East & Africa
           8.5.2 South America

9 Competitive Landscape (Page No. - 122)
    9.1 Overview
    9.2 Ranking Analysis
    9.3 Competitive Situations and Trends
           9.3.1 Product Launches and Developments
           9.3.2 Agreements, Partnerships, Collaborations, and Contracts
           9.3.3 Mergers & Acquisitions

10 Company Profiles (Page No. - 137)
     10.1 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
             10.1.1 Intel
             10.1.2 Qualcomm
             10.1.3 NXP Semiconductors
             10.1.4 Stmicroelectronics
             10.1.5 Texas Instruments
             10.1.6 Microchip Technology
             10.1.7 Mediatek
             10.1.8 Cypress Semiconductor
             10.1.9 Broadcom
             10.1.10 Enocean
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
     10.2 Other Companies
             10.2.1 Nexcom International Co., Ltd.
             10.2.2 Skyworks Solutions, Inc.
             10.2.3 Murata Manufacturing Co., Ltd.
             10.2.4 Marvell Technology Group Ltd.
             10.2.5 Quantenna Communications, Inc.
             10.2.6 Renesas Electronics Corporation
             10.2.7 Nordic Semiconductor
             10.2.8 Ceva, Inc.
             10.2.9 Espressif Systems Pte., Ltd.
             10.2.10 Peraso Technologies, Inc.

11 Appendix (Page No. - 179)
     11.1 Insights From Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customization
     11.6 Related Reports
     11.7 Author Details


List of Tables (77 Tables)

Table 1 Wireless Connectivity Market, By Connectivity Technology, 2015–2023 (Million Units)
Table 2 Wireless Connectivity Market for Wi-Fi Technology, By Region, 2015–2023 (Million Units)
Table 3 Wireless Connectivity Market for Wi-Fi Technology, By Region, 2015–2023 (USD Million)
Table 4 Wireless Connectivity Market for Wi-Fi Technology, By Band, 2015–2023 (Million Units)
Table 5 Wireless Connectivity Market for Bluetooth Classic Technology, By Region, 2015–2023 (Million Units)
Table 6 Wireless Connectivity Market for Bluetooth Classic Technology, By Region, 2015–2023 ( USD Million)
Table 7 Wireless Technology Market for Bluetooth Smart Technology, By Region, 2015–2023 (Million Units)
Table 8 Wireless Connectivity Market for Bluetooth Smart Technology, By Region, 2015–2023 (USD Million)
Table 9 Wireless Connectivity Market for Bluetooth Smart Ready Technology, By Region, 2015–2023 (Million Units)
Table 10 Wireless Connectivity Market for Bluetooth Smart Ready Technology, By Region, 2015–2023 (USD Million)
Table 11 Wireless Connectivity Market for Zigbee Technology, By Region, 2015–2023 (Million Units)
Table 12 Wireless Connectivity Market for Zigbee Technology, By Region, 2015–2023 (USD Million)
Table 13 Wireless Connectivity Market for Z-Wave Technology, By Region, 2015–2023 (Million Units)
Table 14 Wireless Connectivity Market for Z-Wave Technology, By Region, 2015–2023 (USD Million)
Table 15 Wireless Connectivity Market for NFC Technology, By Region, 2015–2023 (Million Units)
Table 16 Wireless Connectivity Market for NFC Technology, By Region, 2015–2023 (USD Million)
Table 17 Wireless Connectivity Market for GNSS Technology, By Region, 2015–2023 (Million Units)
Table 18 Wireless Connectivity Market for GNSS Technology, By Region, 2015–2023 (USD Million)
Table 19 Wireless Connectivity Market for Enocean Technology, By Region, 2015–2023 (Million Units)
Table 20 Wireless Connectivity Market for Enocean Technology, By Region, 2015–2023 (USD Million)
Table 21 Wireless Connectivity Market for Cellular M2M Technology, By Technology, 2015–2023 (Million Units)
Table 22 Wireless Connectivity Market for Cellular M2M Technology, By Region, 2015–2023 (Million Units)
Table 23 Wireless Connectivity Market for Cellular M2M Technology, By Region, 2015–2023 (USD Million)
Table 24 Wireless Communication Market for UWB Technology, By Region, 2015–2023 (Million Units)
Table 25 Wireless Connectivity Market for UWB Technology, By Region, 2015–2023 (USD Million)
Table 26 Wireless Connectivity Market for Lora Technology, By Region, 2015–2023 (Million Units)
Table 27 Wireless Connectivity Market for Lora Technology, By Region, 2015–2023 (USD Million)
Table 28 Wireless Connectivity Market for Sigfox Technology, By Region, 2015–2023 (Million Units)
Table 29 Wireless Connectivity Market for Sigfox Technology, By Region, 2015–2023 (USD Million)
Table 30 Wireless Connectivity Market for Nb IoT Technology, By Region, 2015–2023 (Million Units)
Table 31 Wireless Connectivity Market for Nb-Iot Technology, By Region, 2015–2023 (USD Million)
Table 32 Wireless Connectivity Market for LTE-CAT M1 Technology, By Region, 2015–2023 (Million Units)
Table 33 Wireless Connectivity Market for LTE-CAT M1 Technology, By Region, 2015–2023 (USD Million)
Table 34 Wireless Connectivity Market for Other Technologies, By Region, 2015–2023 (Million Units)
Table 35 Wireless Connectivity Market for Other Technologies, By Region, 2015–2023 (USD Million)
Table 36 Wireless Connectivity Market, By Type, 2015–2023 (Million Units)
Table 37 Wireless Connectivity Market, By Type, 2015–2023 (USD Million)
Table 38 Wireless Connectivity Market for WLAN, By Region, 2015–2023 (Million Units)
Table 39 Wireless Connectivity Market for WLAN, By Region, 2015–2023 (USD Million)
Table 40 Wireless Connectivity Market for WPAN, By Region, 2015–2023 (Million Units)
Table 41 Wireless Connectivity Market for WPAN, By Region, 2015–2023 (USD Million)
Table 42 Wireless Connectivity Market for GNSS, By Region, 2015–2023 (Million Units)
Table 43 Wireless Connectivity Market for GNSS, By Region, 2015–2023 (USD Million)
Table 44 Wireless Connectivity Market for LPWAN, By Region, 2015–2023 (Million Units)
Table 45 Wireless Connectivity Market for LPWAN, By Region, 2015–2023 (USD Million)
Table 46 Wireless Connectivity Market for Cellular M2M, By Region, 2015–2023 (Million Units)
Table 47 Wireless Connectivity Market for Cellular M2M, By Region, 2015–2023 (USD Million)
Table 48 Wireless Connectivity Market, By Region, 2015–2023 (USD Million)
Table 49 Wireless Connectivity Market, By Region, 2015–2023 (Million Units)
Table 50 Wireless Connectivity Market in North America, By Connectivity Technology, 2015–2023 (Million Units)
Table 51 North American Wireless Connectivity Market for Wi-Fi Technology, By Band, 2015–2023 (Million Units)
Table 52 Wireless Connectivity Market in North America, By Type, 2015–2023 (Million Units)
Table 53 Wireless Connectivity Market in North America, By Type, 2015–2023 (USD Million)
Table 54 Wireless Connectivity Market in North America, By Country, 2015–2023 (Million Units)
Table 55 Wireless Connectivity Market in North America, By Country, 2015–2023 (USD Million)
Table 56 Wireless Connectivity Market in Europe, By Connectivity Technology, 2015–2023 (Million Units)
Table 57 Wireless Connectivity Market in Europe for Wi-Fi Technology, By Band, 2015–2023 (Million Units)
Table 58 Wireless Connectivity Market in Europe, By Type, 2015–2023 (Million Units)
Table 59 Wireless Connectivity Market in Europe, By Type, 2015–2023 (USD Million)
Table 60 Wireless Connectivity Market in European, By Country, 2015–2023 (Million Units)
Table 61 Wireless Connectivity Market in European, By Country, 2015–2023 (USD Million)
Table 62 Wireless Connectivity Market in APAC, By Connectivity Technology, 2015–2023 (Million Units)
Table 63 Wireless Connectivity Market in APAC for Wi-Fi Technology, By Band, 2015–2023 (Million Units)
Table 64 Wireless Connectivity Market in APAC, By Type, 2015–2023 (Million Units)
Table 65 Wireless Connectivity Market in APAC, By Type, 2015–2023 (USD Million)
Table 66 Wireless Connectivity Market in APAC, By Country, 2015–2023 (Million Units)
Table 67 Wireless Connectivity Market in APAC, By Country, 2015–2023 (USD Million)
Table 68 Wireless Connectivity Market in RoW, By Region, 2015–2023 (Million Units)
Table 69 Wireless Connectivity Market in RoW, By Region, 2015–2023 (USD Million)
Table 70 Wireless Connectivity Market in RoW, By Connectivity Technology, 2015–2023 (Million Units)
Table 71 Wireless Connectivity Market in RoW for Wi-Fi Technology, By Band, 2015–2023 (Million Units)
Table 72 Wireless Connectivity Market in RoW, By Type, 2015–2023 (Million Units)
Table 73 Wireless Connectivity Market in RoW, By Type, 2015–2023 (USD Million)
Table 74 Ranking of Top 5 Players in Wireless Connectivity Market
Table 75 Product Launches and Developments (2015–2018)
Table 76 Agreements, Partnerships, Collaborations, and Contracts (2015–2018)
Table 77 Mergers & Acquisitions (2015–2018)


List of Figures (46 Figures)

Figure 1 Markets Covered
Figure 2 Wireless Connectivity Market: Research Design
Figure 3 Process Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Market for LPWAN-Enabled Connectivity Solutions to Grow at Highest CAGR Between 2018 and 2023
Figure 8 Market for Tri-Band Wi-Fi Solutions to Grow at Highest CAGR Between 2018 and 2023
Figure 9 Bluetooth to Hold Largest Market Share of Wireless Connectivity Market for WPAN By 2023
Figure 10 4G+ to Account for Largest Share of Wireless Connectivity Market for Cellular M2M Technology, in Terms of Volume, By 2023
Figure 11 Wireless Connectivity Market in APAC, in Terms of Volume, to Grow at Highest CAGR Between 2018 and 2023
Figure 12 Wireless Connectivity Market in APAC to Grow at Highest CAGR Between 2018 and 2023
Figure 13 Lora and NB–IoT Technologies to Account for Over Three-Fourth Share of Wireless Connectivity Market for LPWAN-Enabled Devices, in Terms of Volume, By 2023
Figure 14 Bluetooth Smart Ready Technology to Account for Largest Size of Wireless Connectivity Market, in Terms of Volume, By 2023
Figure 15 Wi-Fi Technology to Hold Largest Share of Wireless Connectivity Market in APAC, in Terms of Volume, in 2018
Figure 16 Wireless Connectivity Market in China to Grow at Highest CAGR in Terms of Volume During Forecast Period
Figure 17 Market Dynamics
Figure 18 Number of Cellular Machine-To-Machine Connections, 2010–2020 (Million)
Figure 19 Number of Internet Users Till December 2017, By Region
Figure 20 LTE CAT-M1 Technology to Exhibit Highest CAGR in Wireless Connectivity Market, in Terms of Volume, During 2018–2023
Figure 21 APAC to Dominate Wireless Connectivity Market, in Terms of Value, for Bluetooth Smart Ready Technology During Forecast Period
Figure 22 APAC to Hold Largest Size of Wireless Connectivity Market, in Terms of Value, for GNSS Technology By 2023)
Figure 23 APAC to Exhibit Highest CAGR in Wireless Connectivity Market for Cellular M2M Technology During Forecast Period
Figure 24 APAC to Witness Highest CAGR in Wireless Connectivity Market for Lora Technology During 2018–2023
Figure 25 APAC to Exhibit Highest CAGR in Wireless Connectivity Market, in Terms of Value, for Nb-Iot Technology During 2018–2023
Figure 26 WPAN-Enabled Chipsets to Dominate Wireless Connectivity Market During 2018–2023
Figure 27 Wireless Connectivity Market for WPAN, By Region, 2015–2023 (Million Units)
Figure 28 Market for LPWAN-Enabled Chipsets in APAC Expected to Grow at Highest CAGR Between 2018 and 2023
Figure 29 Wireless Connectivity Market, By Geography
Figure 30 APAC to Dominate Wireless Connectivity Market During Forecast Period
Figure 31 Wireless Connectivity Market Snapshot in North America
Figure 32 Canada to Exhibit Highest CAGR in North American Wireless Connectivity Market, in Terms of Volume, During the Forecast Period
Figure 33 Wireless Connectivity Market Snapshot in Europe
Figure 34 Wireless Connectivity Market Snapshot in APAC
Figure 35 Wireless Connectivity Market in APAC, By Connectivity Technology, 2018 vs 2023 (Million Units)
Figure 36 Tri-Band Wi-Fi Chipsets to Command Wireless Connectivity Market in Terms of Volume During 2018–2023
Figure 37 Companies Mostly Adopted Product Launches and Developments as Key Growth Strategies Between 2015 and 2018
Figure 38 Intel: Company Snapshot
Figure 39 Qualcomm: Company Snapshot
Figure 40 NXP Semiconductors: Company Snapshot
Figure 41 Stmicroelectronics: Company Snapshot
Figure 42 Texas Instruments: Company Snapshot
Figure 43 Microchip Technology: Company Snapshot
Figure 44 Mediatek: Company Snapshot
Figure 45 Cypress Semiconductor: Company Snapshot
Figure 46 Broadcom: Company Snapshot

According to the forecast from MarketsandMarkets, the wireless connectivity market is expected to reach USD 95.66 Billion by 2023 from USD 50.96 Billion in 2018, at a CAGR of 13.42% during the forecast period. The growth of this market is fueled by the increased demand for wireless sensor networks for creating smart infrastructure, increased demand for low-power wide-area (LPWA) networks in IoT applications, and rise in the adoption of IoT, advancements in the telecommunications industry, and high adoption of smartphones.

This report covers the wireless connectivity market segmented on the basis of connectivity technology, type, and geography. In terms of connectivity technology, LTE Cat-M1 is expected to grow at highest CAGR during the forecast period. The increase in the adoption of IoT/M2M communication solutions, rise in the demand for longer connectivity, and need for low-power consumption and low-cost connectivity technologies are driving the market for chipsets based on LTE Cat-M1 technology.

The market for Wi-Fi–enabled chipsets is expected to hold the largest size of the wireless connectivity market in APAC between 2018 and 2023. The increase in the penetration of smartphones in the middle-class population in emerging economies, such as India, Indonesia, and other Southeast Asian countries, is boosting the growth of the market for connected devices based on Wi-Fi technology.

In terms type, the market for cellular expected to hold the largest size of wireless connectivity market between 2018 and 2023. The government projects related to smart cities and the development proposals for the existing utility infrastructure are expected to boost the cellular M2M market during the forecast period. Over the next 5 years, cellular M2M technology is expected to be largely employed for smart metering solutions.

Wireless Connectivity Market

APAC is expected to hold the largest share of the wireless connectivity market during the forecast period. This growth of wireless connectivity in Asia Pacific is attributed to the growing adoption of smartphones and other connected consumer electronics products such as smart TVs and smart lighting solutions. Moreover, the new announcement of smart city projects in developing countries, such as India and China, wherein advanced technologies such as the Internet of Things (IoT) and machine-to-machine communication (M2M) are likely to be employed in different applications, which is expected to drive the growth of wireless connectivity market in Asia Pacific during the forecast period.

Some of the restraints for the studied market are the high power consumption by wireless sensors, terminals, and connected devices and lack of uniform communication standards.

The companies that are profiled in the report are Qualcomm (US), Intel (US), Broadcom (US), MediaTek (Taiwan), Texas Instruments (US), Cypress Semiconductor (US), NXP Semiconductors (Netherlands), and STMicroelectronics (Switzerland), Microchip (US), and EnOcean (Germany). The market also covers other players such as NEXCOM (Taiwan), Skyworks Solutions (US), Murata Manufacturing (Japan), Marvell Technology (US), Quantenna Communications (US), Renesas Electronics (Japan), Nordic Semiconductor (Norway), Ceva (US), Espressif Systems (China), Peraso Technologies (Canada).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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