Wireless Connectivity Market Size, Industry Analysis Report By Type (WLAN Wireless Connectivity, WPAN Wireless Connectivity, Satellite Wireless Connectivity, LPWAN Wireless Connectivity, Cellular M2M Wireless Connectivity), By End-User (Wireless Connectivity in Healthcare, Wireless Connectivity in Wearable Devices, Wireless Connectivity in Transportation and Automotive, Wireless Connectivity in Consumer Electronics, Wireless Connectivity in Building Automation) & Region – Forecast

  • 31/10/2022
  • 273
  • Electronics & Communication
The wireless connectivity Market: Overview
The wireless connectivity Market is valued at around USD 12 billion in 2022 and is expected to reach USD 345 billion by 2030, registering a CAGR of 14.1% over the forecast period. Wireless connectivity is a method utilised by residences, communication networks, and workplace connections. Many markets for electrical devices have a strong foundation for wireless communication technology. For some gadgets, such smart phones and mobile phones, WiFi, Bluetooth, and GPS are becoming standard. In addition, wireless connectivity is necessary for Internet of Things (IoT) applications ranging from cloud to control devices and gateways. IoT devices use wireless connectivity to provide an access point that serves as a conduit for data transmission and communication between two devices. One of the main trends in the wireless connectivity market is collaboration and cooperation.

The wireless connectivity Market - Growth Factor
Increased adoption of IoT and cloud computing, rising demand for smartphones and other wireless technology devices like Bluetooth, WiFi, and ZigBee, expanding Internet connectivity, and rising interest in low-power wide-area (LPWA) networks are some of the key factors propelling the global wireless connectivity market. The wireless connectivity business is, however, being hampered by the absence of standardised communication standards. As well as these, physical objects, layered structures, and interference from other electromagnetic sources are the main elements that have a negative impact on the development of wireless networking technology. As a result, these elements constrain the wireless communication market. The need for improved information security and compromises between features like power consumption, data rates, and range for many wireless technologies are two major issues for the worldwide wireless connectivity business.

The wireless connectivity Market – Market Trends
• Numerous advancements in the wireless communications sector, including the impending long-term evolution (LTE), increased smart device use, increased mobility, and the explosive growth in mobile data traffic, are driving up demand for wireless technology.
• New wireless technologies demand more energy and spectrum. The two mobile technologies that are expanding the fastest are LTE and 5G, and they will do so in the future. High-speed internet access is now one of the most important requirements in digitally advanced workplaces due to the growing number of connected devices.
• The industry's focus has switched to the development of 5G technology as 4G rapidly increased its possibilities across a wide range of applications and 3G became the only wireless broadband standard.
• It is anticipated to represent the extremely dynamic broadband industry's next phase of development. Leading network providers have speculated that in the ensuing years, the 5G network infrastructure would offer release connectivity of 1 Gbps.

The wireless connectivity Market – Segmentation

The wireless connectivity Market fragrance concentrates market has been sub-classified into type, end-user.

On the basis of type, the wireless connectivity Market is bifurcated into:
• WLAN Wireless Connectivity
• WPAN Wireless Connectivity
• Satellite Wireless Connectivity
• LPWAN Wireless Connectivity
• Cellular M2M Wireless Connectivity

On the basis of end-user, the market is segmented into:
• Wireless Connectivity in Healthcare
• Wireless Connectivity in Wearable Devices
• Wireless Connectivity in Transportation and Automotive
• Wireless Connectivity in Consumer Electronics
• Wireless Connectivity in Building Automation
• Wireless Connectivity for Other End Users

The wireless connectivity Market –Regional Analysis
North America dominated the global wireless connectivity Market, spurred by the development of 5G and cloud computing, as well as other smart wireless networking devices.

The wireless connectivity Market – Key Market players
Global key players of wireless connectivity Market include Qualcomm Incorporated, Intel Corporation, NXP Semiconductors N.V., Texas Instruments Inc., Nexcom International Co., Ltd., Stmicroelectronics N.V., Mediatek Inc., Enocean GmbH, Atmel Corporation, and Cypress Semiconductor Corporation.

Report scope
Global wireless connectivity Market: Historical Years- 2018-2021
Global wireless connectivity Market: Forecast Years- 2022-2030
Global wireless connectivity Market 2022- USD 12 billion
Global wireless connectivity Market 2030- USD 345 billion
Global wireless connectivity Market CAGR- 14.1%

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).


The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.

Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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