Global Wireless Connectivity Market Size By Type, By Application, By Technology, By Geographic Scope and Forecast
Wireless Connectivity Market Size And Forecast
Wireless Connectivity Market was valued at USD 48.45 Billion in 2018 and is projected to reach USD 128.17 Billion by 2026, growing at a CAGR of 12.86% from 2019 to 2026.
Global Wireless Connectivity Market Overview
Wireless Connectivity is the technique introduces to avoid the installation of cables into the telecommunication networks, homes, and business organizations. In simple terms, it defines as the absence of wired connection between the receiver and the sender, in response, the communication is carried through the radio and microwaves. The application of wireless connectivity equipment is widely found in various electrical and electronic devices such as GPS, Bluetooth, Wi-Fi in smartphones, tablets, printers, and other devices.
The increasing demand for the development of the smart infrastructure is the major factor responsible for driving the growth of the market. In addition, owing to the innovations in technology, the rise in the adaption of the IoT connected devices are imposing a positive impact factor on market growth. Moreover, the increasing adaption of smartphones and high internet connectivity is propelling growth on the market. Wireless sensors are projected to gain traction due to the increased focus of sensor manufacturers on improving wireless sensing technology. The market segment that's contributing more is that the consumer electronics application. It is mainly due to the increase in IoT and machine-to-machine communication. The market for the Wi-Fi/Bluetooth smart technology is mounting rapidly.
Global Wireless Connectivity Market: Segmentation Analysis
Global Wireless Connectivity Market is Segmented Based on Type, Application, Technology, And Geography.
Key Players in Wireless Connectivity Market
The Global Wireless Connectivity Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as
- NXP Semiconductors
- Intel Corporation
- Qualcomm Incorporated
- Texas Instruments
- Microchip Technology
- Cypress Semiconductor
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