Research and Markets - Global $24.69 Billion Wireless Connectivity Market 2016-2022: Focus on Wi-Fi, Bluetooth, Bluetooth smart, Wi-Fi/ Bluetooth, Ant+/Bluetooth, ZigBee, NFC, GNSS, WHART, Cellular, NFC, and EnOcean
The wireless connectivity market, in terms of value, is expected to grow from USD 14.84 Billion in 2015 to USD 24.69 Billion by 2022, at a CAGR of 7.6% between 2016 and 2022
The wireless connectivity market is highly diversified and competitive with market players including top-tier and mid-tier companies as well as start-up firms. With the rate of proliferation of smart sensors, the increasing adoption of IoT-enabled devices, and mainstreaming of many smart applications, the wireless connectivity is expected to become the most important need across application such as consumer electronics, automotive & transportation, Industrial and healthcare, among others.
This report covers the wireless connectivity market segmented on the basis of connectivity technology, application, and geography. This study of the wireless connectivity market provides the market size of different applications such as consumer electronics, building automation, telecommunication, automotive & transportation, Industrial and healthcare, among others. The consumer electronics industry has been revolutionized by the introduction of Internet of Things in the market. Various other IoT applications, such as connected cars and wearable electronics are, also evolving and will further drive opportunities for many industry players across the large and complex wireless connectivity ecosystem.
The market is segmented on the basis of connectivity technology into Wi-Fi, Bluetooth, Bluetooth smart, Wi-Fi/ Bluetooth, Ant+/Bluetooth, ZigBee, NFC, GNSS, WHART, Cellular, NFC, and EnOcean and Others (Z-Wave, Thread and ISA 100). Wi-Fi is expected to have the largest market for the forecast period. The growing market for consumer electronics and telecommunication is expected to drive the Wi-Fi chips shipment in the coming years.
The market is segmented on the basis of geography into the North America, Europe, Asia-Pacific, and Rest of the World. The market in the North America is expected to hold the largest share of the wireless connectivity market in 2015. The major driving factors for the growth in the North America are the intense research and development in the field of wireless connectivity, high penetration of Internet of Things, and growth of a number of IoT and cloud start-ups in the region.
The major players engaged in the development of Wireless Connectivity are
Cypress Semiconductor Corporation
NXP Semiconductors N.V.
Nexcom International Co., Ltd.
Texas Instruments Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Industry Trends
7 Wireless Connectivity Market, By Connectivity Technology