DUBLIN--(BUSINESS WIRE)--The "Wireless Connectivity Market to 2027 - Global Analysis and Forecasts by Technology; End-Use" report has been added to ResearchAndMarkets.com's offering.
The global wireless connectivity market was valued at US$ 46.1 Bn in 2018 and is expected to reach US$ 127.9 Bn by 2027 with a CAGR growth rate of 12.5% in the forecast period from 2019 to 2027.
The growing demand for connected devices and digital services as well as the adoption of advanced technologies by industries are contributing substantially towards the positive growth of the wireless connectivity market around the world. The proliferation of smart devices, easy availability of internet, the advancement of IoT, and the advent of smart homes and smart cities are some of the major reasons for the exponential increase in the use of wireless connectivity technologies.
The connected devices are also increasing exponentially over the past five years. These connected devices communicate and continuously generating an enormous amount of data every second. This digitization revolution presents a massive opportunity for businesses to utilize the enormous volumes of user/process data to gain useful insights.
The paradigm shift of companies embracing digitalization has reaped greater benefits for the enterprises and resulted in more revenue generation opportunities. Also, with the advancement in computing and storage technology, computing power has increased multi-fold during the last decade. This has created new opportunities for managing and computing big sets of data, and when coupled with advanced technologies such as artificial intelligence, useful business and customer insights can be gained.
With artificial intelligence applications like machine learning and deep learning, companies have a tremendous opportunity to harness the data available for useful insights and thus increasing their revenue. All these benefits of connected devices are expected to boost the demand for robust and reliable wireless connectivity solutions and thus drive the growth of wireless connectivity market during the forecast period.
Key Topics Covered
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Global Wireless Connectivity Market - by Technology
1.3.2 Global Wireless Connectivity Market - by End-Use
1.3.3 Global Wireless Connectivity Market - by Geography
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Wireless Connectivity Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
5. Wireless Connectivity Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increased Demand of Smart Consumer Devices Will Drive the Wireless Connectivity Market
5.1.2 Developing Countries Like China and India are Fueling the Growth of Mobile Data and Wireless Connectivity
5.1.3 Availability of Massive Amount of Data Due to Increasing Proliferation of Digital Services Powering the Demand of Reliable Wireless Connectivity Solutions Across the Globe
5.1.4 Proliferation of IoT and Connected Devices Driving the Demand for More Robust Wireless Connectivity Solutions
5.2 Key Market Restraints
5.2.1 Data Privacy and Security Concerns
5.2.2 Lack of Infrastructure, Huge Implementation Cost and Absence of Technology Know-How in Third World Countries
5.3 Key Market Opportunities
5.3.1 Adoption of Advanced Technologies in Automotive Sector Will Offer Promising Opportunities for Wireless Connectivity Market Players
5.3.2 Scaling the Innovative Concept of Internet of Things
5.3.3 Government Support and Private Investments in the 5G Technology Will Complement the Growth of Wireless Connectivity Market
5.4 Future Trends
5.4.1 Artificial Intelligence Applications Will Lead to the Increased Demand of Wireless Technologies in Various Industries
5.4.2 5G Deployment Will Complement the Penetration of IoT and Artificial Intelligence and Further Boost the Growth of Wireless Connectivity Market
5.5 Impact Analysis of Drivers and Restraints
6. Wireless Connectivity - Global Market Analysis
6.1 Global Wireless Connectivity Market Overview
6.2 Global Wireless Connectivity Market Forecast and Analysis
6.3 Market Positioning/ Market Share
7. Wireless Connectivity Market Analysis - by Technology
7.2 Wireless Connectivity Market Breakdown, by Technology, 2018 & 2027
7.3 Wi-Fi Market
7.4 Bluetooth Market
7.5 Cellular Market
7.6 Zigbee Market
7.7 GNSS Market
7.8 Others Market
8. Wireless Connectivity Market Revenue and Forecasts to 2027 - End-Use
8.2 Wireless Connectivity Market Breakdown, by End-Use, 2018 & 2027
8.3 Industrial Market
8.4 Construction & Infrastructure Market
8.5 Energy & Utilities Market
8.6 Automotive & Transportation Market
8.7 Healthcare Market
8.8 Consumer Market
8.9 Others Market
9. Wireless Connectivity Market - Geographical Analysis
9.2 North America Wireless Connectivity Market Revenue and Forecasts to 2027
9.3 Europe Wireless Connectivity Market Revenue and Forecasts to 2027
9.4 Asia Pacific Wireless Connectivity Market Revenue and Forecasts to 2027
9.5 Middle East and Africa Wireless Connectivity Market Revenue and Forecasts to 2027
9.6 South America Wireless Connectivity Market Revenue and Forecasts to 2027
10. Industry Landscape
10.1 Market Initiative
10.2 Merger and Acquisition
10.3 New Development
11. Company Profiles
- Broadcom Inc.
- Cypress Semiconductor Corporation
- Intel Corporation
- MediaTek Inc.
- Microchip Technology Incorporated
- NXP Semiconductors N.V.
- Panasonic Corporation
- Qualcomm Incorporated
- STMicroelectronics N.V.
- Texas Instruments Incorporated
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