Global Wireless Connectivity Industry

Global Wireless Connectivity Industry

  • April 2021 •
  • 139 pages •
  • Report ID: 5799983 •
  • Format: PDF
Abstract:
- Global Wireless Connectivity Market to Reach $132.9 Billion by 2027
- Amid the COVID-19 crisis, the global market for Wireless Connectivity estimated at US$57.3 Billion in the year 2020, is projected to reach a revised size of US$132.9 Billion by 2027, growing at a CAGR of 12.8% over the analysis period 2020-2027. Cellular, one of the segments analyzed in the report, is projected to record a 13.7% CAGR and reach US$49.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Low-Power Wide-Area Network (LPWAN) segment is readjusted to a revised 13% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $16.9 Billion, While China is Forecast to Grow at 12.2% CAGR
- The Wireless Connectivity market in the U.S. is estimated at US$16.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$23.1 Billion by the year 2027 trailing a CAGR of 12.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 10.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR.
- Wireless Local Area Network (WLAN) Segment to Record 11.6% CAGR
- In the global Wireless Local Area Network (WLAN) segment, USA, Canada, Japan, China and Europe will drive the 11.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.7 Billion in the year 2020 will reach a projected size of US$18.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$15.7 Billion by the year 2027.

- Select Competitors (Total 46 Featured) -
  • Broadcom Ltd.
  • CEVA, Inc.
  • Cypress Semiconductor Corporation
  • EnOcean GmbH
  • Espressif Systems (Shanghai) Pte., Ltd.
  • Intel Corporation
  • Marvell Technology Group Ltd.
  • MediaTek, Inc.
  • Microchip Technology, Inc.
  • Murata Manufacturing Co., Ltd.
  • Nexcom International Co., Ltd.
  • Nordic Semiconductor ASA
  • NXP Semiconductors NV
  • Peraso Technologies, Inc.
  • Qualcomm, Inc.
  • Quantenna Communications, Inc.
  • Renesas Electronics Corporation
  • Skyworks Solutions, Inc.
  • STMicroelectronics NV
  • Texas Instruments, Inc.