PUBLISHER: Market Research Future | PRODUCT CODE: 1801272
PUBLISHER: Market Research Future | PRODUCT CODE: 1801272
Global Wireless Modules Market Research Report by Module Type [Wi-Fi + Bluetooth Modules, Wi-Fi Modules, Bluetooth Modules, Ultra-Wideband Modules, LoRaWAN Modules, Range Amplified MultiPoint (RAMP) ISM Modules, Cellular Modules, GNSS Positioning and Timing Modules, Internet of Things (loT) Modules], by Application (Predictive Maintenance, Connected Field Services, Cold Chain Monitoring, Environmental Monitoring, Medical/ Fitness Devices, Industrial Sensor Networks, Building Automation, Beacons, Sensors, Smart City, Smart Factory, Telematics, Asset Tracking, Smart Metering, Others), by Industry Vertical (Agriculture, Construction, Logistics and Warehousing, Retail and E-Commerce, Healthcare, Energy and Utilities, Transportation, Semiconductors, Consumer Electronics, Automotive, Others), and by Region (North America, Europe, Asia Pacific, Middle East Africa, South America) Forecast till 2035
Industry Overview
The global wireless modules market is anticipated to attain USD 52,476.9 million by 2035, expanding at a robust CAGR of 13.3% over the forecast period. A wireless module is a self-contained hardware unit designed to embed wireless communication capabilities into electronic systems. By supporting protocols such as Wi-Fi, Bluetooth, and LTE, these modules allow efficient data exchange across devices and applications, ranging from consumer electronics to mission-critical industrial networks.
The wireless modules market is experiencing tremendous growth, to a large extent, due to the rising IoT adoption and the proliferation of smart devices. Wi-Fi keeps being the most utilized technology for IoT connectivity. Wi-Fi 6/6E is also being used extensively, and Wi-Fi 7 is giving very high speeds of up to 46 Gbps with the help of such innovations as Multi-Link Operation. Complementary technologies such as Bluetooth Low Energy and 5G RedCap enable reliable, low-power, and cost-effective connectivity, supporting a diverse range of IoT applications across smart homes, industrial automation, healthcare, and enterprise networks.
Major Company Development
By strategic product launches and a major repositioning, Ezurio has advanced its wireless connectivity dominance in 2024. The year began with Laird Connectivity reintroducing itself as Ezurio in March, uniting its expertise with Boundary Devices to strengthen industry-focused solutions. By June, Ezurio launched the Sona NX611, a Wi-Fi 6 module engineered to boost IIoT performance. The BL54L10 Series was revealed in November, incorporating Bluetooth LE, 802.15.4, and NFC through Nordic's nRF54 silicon as a trio for the best performance and security. With the help of innovation, efficiency, and enhanced wireless communication capabilities, the company not only continues its journey of being one of the best but also commits itself to the mission of powering diverse IoT applications.
Major players in the global wireless modules market are Murata Manufacturing Co. Ltd., Shenzhen Feasycom Co., Ltd., Quectel, Ezurio, Texas Instruments, Telit Cinterion, Panasonic Industrial, Silicon Laboratories, Microchip Technology Inc., U-blox AG, FN-LINK TECHNOLOGY LIMITED, Cansec Wireless, Nordic Semiconductor, Shenzhen RF-star Technology Co., Ltd., Shenzhen Ofeixin Technology Co., Ltd, Shenzhen Bilian Electronic Co., Ltd., Wistron NeWeb Corp., AsiaRF Co., Ltd., USI Global, and Shanghai MXCHIP Information Technology Co., Ltd.
Report Attribute Details
Market Size 2035 USD 52,476.9 Million
CAGR (2025-2035) 13.3%
Base Year 2024
Market Forecast Period 2025-2035
Historical Data 2019-2024
Industry Segmentations
By Module Type: Wi-Fi + Bluetooth Modules - 14.9%, Wi-Fi Modules - 13.3%.
By Application: Predictive Maintenance - 12.3%, Connected Field Services - 14.0%.
By Industry Vertical: Agriculture - 8.2%, Construction - 12.7%.
The US is the main driver for the North American market, where IoT is being integrated mainly in smart homes, urban mobility, and energy-efficient infrastructure. The North American market is largely shaped by the US at USD 3,796.8 million in 2024, with Canada adding USD 307.1 million. The government's heavy investment in smart buildings and the accelerated rollout of 5G are driving widespread adoption across healthcare, manufacturing, and logistics.
Europe is the wireless modules market, shaped mainly by the need for a sustainable environment and the adoption of Industry 4.0. Germany leads at USD 960.6 million, followed by France at USD 515.4 million and the UK at USD 394.7 million. The wireless usage for energy management, renewable integration, and predictive maintenance has broadened the industry of manufacturing and utilities in which wireless is being used.
The APAC region is the largest consumer of wireless modules, while China, Japan, and South Korea are at the forefront of industrial automation and smart infrastructure. The IoT adoption in smart homes, mobility, and factories has been encouraged by government programs like Society 5.0 in Japan and Digital India. China tops the market with USD 2,865.8 million, supported by Japan (USD 1,008.1 million), India (USD 764.1 million), and South Korea (USD 397.0 million).
South America's demand is expanding through smart agriculture, urban IoT projects, and automotive automation. Brazil's precision farming programs, Argentina's smart grid initiatives, and Colombia's innovation districts are accelerating adoption. Wireless modules are becoming critical for enhancing efficiency in energy, logistics, and connected vehicles across the continent.
MEA's growth is tied to large-scale smart city initiatives like Saudi Arabia's NEOM and the UAE's Dubai 2040 vision. Wireless modules are powering smart grids, connected mobility, and Industry 4.0 applications across manufacturing and construction. Heavy investments in 5G, renewable energy systems, and autonomous transport are driving long-term adoption in the region.