Wireless Connectivity Global Market Report 2023

“Wireless Connectivity Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on wireless connectivity market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for wireless connectivity ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The wireless connectivity market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: LPWAN (Low Power Wide Area Network); Cellular M2M (Machine-to-machine); WPAN (Wireless Personal Area Network); Satellite (GNSS) Global Navigation Satellite System; WLAN (Wireless Local Area Network)

• 2) By Deployment: Control Devices; Gateways; Cloud

• 3) By Technology: Bluetooth; WI-FI; Ultra-Wideband; NFC; Cellular; Zigbee

• 4) By End Use: Wearable Devices; Healthcare; Consumer Electronics; Building Automation; Automotive and Transportation; Other End Uses

• Companies Mentioned: Intel Corporation; Texas Instruments Incorporated; Qualcomm Incorporated; Broadcom Inc; STMicroelectronics

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the wireless connectivity market are Intel Corporation, Texas Instruments Incorporated, Qualcomm Incorporated, Broadcom Inc., STMicroelectronics, NXP Semiconductors, Microchip Technology Inc., MediaTek Inc., Renesas Electronics Corporation, Panasonic Corporation, Nexcom International Co. Ltd., Atmel Corporation, Cypress Semiconductor Corporation, AT&T Inc., and Cisco Systems Inc.

The global wireless connectivity market is expected to grow from $113.67 billion in 2022 to $127.58 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wireless connectivity market is expected to reach $200.94 billion in 2027 at a CAGR of 12%.

The wireless connectivity market includes revenues earned by entities by providing services such as IEEE 802.15 (WiMAX), wireless network access, wireless inter-network connectivity, a wireless extension of a wired network, cable replacement for peripherals. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Wireless networks are computer networks that are not connected by any form of cable. A wireless connectivity network enables devices to stay connected to the network while roaming freely without being linked to any wires.

Asia-Pacific was the largest region in the wireless connectivity market in 2022. The regions covered in the wireless connectivity report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The major types of wireless connectivity are LPWAN (Low Power Wide Area Network), cellular M2M (Machine-to-Machine), WPAN (Wireless Personal Area Network), satellite (GNSS) Global Navigation Satellite System and WLAN (Wireless Local Area Network). A wireless local area network (WLAN) is a wireless distribution method for two or more devices. The various deployment mode involved is control devices, gateways and cloud with technology involving Bluetooth, wi-fi, ultra-wideband, NFC, cellular and ZigBee. It is used for various end users such as wearable devices, healthcare, consumer electronics, building automation, automotive and transportation and others.

Growing internet penetration rates are expected to boost the growth of the wireless connectivity market going forward. The internet penetration rate refers to the percentage of the total population of a given country or region that uses the internet. Due to the increase in internet users, the adoption of new technological devices by the users, such as phones, microphones, and digital cameras, has increased. Hence, growing internet penetration rates are expected to boost the wireless connectivity market. For instance, according to a report published by the International Telecommunication Union (ITU), a US-based agency for information and communication technologies, approximately 5.3 billion people-or 66% of the world's population are using the Internet in 2022. This represents an increase of 24% since 2019, with 1.1 billion people estimated to have come online during that period. Therefore, the growing Internet penetration rate is driving the growth of the wireless connectivity market.

Product innovation has emerged as a key trend gaining popularity in the wireless connectivity market. Major companies operating in the wireless connectivity market are focused on innovating new technologies to sustain their position in the market. For instance, in 2020, Actiontec Electronics, a US-based provider of broadband solutions, launched a full suite of Wi-Fi 6 products for improved connectivity in offices and households. Actiontec's Wi-Fi 6 suite includes wireless gateways, routers, extenders, and repeaters, all of which provide carrier-grade performance and manageability. Broadband service providers may considerably improve the wireless experience for consumers at home with the help of Actiontec's Wi-Fi 6 devices, meeting their ever-increasing need for faster speed and device compatibility.

In August 2022, Semtech Corporation, a US-based supplier of high-performance analog and mixed-signal semiconductors, acquired Sierra Wireless for $1.2 billion. The acquisition significantly expands Semtech's addressable market and is expected to approximately double Semtech's annual revenue and create a strong and diverse portfolio of connectivity solutions for the growing IoT market. Sierra Wireless is a US-based wireless communications equipment designer, manufacturer, and services provider.

The countries covered in the wireless connectivity market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The wireless connectivity market research report is one of a series of new reports from The Business Research Company that provides wireless connectivity market statistics, including wireless connectivity industry global market size, regional shares, competitors with a wireless connectivity market share, detailed wireless connectivity market segments, market trends and opportunities, and any further data you may need to thrive in the wireless connectivity industry. This wireless connectivity market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.