(EMAILWIRE.COM, January 06, 2017 ) Wireless Connectivity Market by Connectivity Technology (Wi–Fi, Bluetooth, ZigBee, NFC, Cellular, Enocean), Application (Wearable Devices, Healthcare, Automotive & Transportation, Consumer Electronics), and Geography - Global Forecast to 2022

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The wireless connectivity market, in terms of value, is expected to grow from USD 14.84 Billion in 2015 to USD 24.69 Billion by 2022, at a CAGR of 7.6% between 2016 and 2022. The wireless connectivity market is highly diversified and competitive with market players including top-tier and mid-tier companies as well as start-up firms. With the rate of proliferation of smart sensors, the increasing adoption of IoT-enabled devices, and mainstreaming of many smart applications, the wireless connectivity is expected to become the most important need across application such as consumer electronics, automotive & transportation, Industrial and healthcare, among others.

This report provides valuable insights into the ecosystem of this market including wireless connectivity chipset manufacturers such as Qualcomm Incorporated, Cypress Cypress International Inc. (U.S.) and Texas Instruments Inc. (U.S.), among others; connectivity solution providers EnOcean GmbH (Germany), Nexcom International Co. Ltd. (Taiwan) and system Integrators such as Intel Corporation (U.S.).

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The market is segmented on the basis of connectivity technology into Wi–Fi, Bluetooth, Bluetooth smart, Wi–Fi/ Bluetooth, Ant+/Bluetooth, ZigBee, NFC, GNSS, WHART, Cellular, NFC, and EnOcean and Others (Z–Wave, Thread and ISA 100). Wi–Fi is expected to have the largest market for the forecast period. The growing market for consumer electronics and telecommunication is expected to drive the Wi-Fi chips shipment in the coming years.

The market is segmented on the basis of geography into the North America, Europe, Asia-Pacific, and Rest of the World. The market in the North America is expected to hold the largest share of the wireless connectivity market in 2015. The major driving factors for the growth in the North America are the intense research and development in the field of wireless connectivity, high penetration of Internet of Things, and growth of a number of IoT and cloud start-ups in the region.

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The high power consumption by wirelessly connected devices is a major restraint for the growth of this market. However, the wireless connectivity market offers a huge scope for innovative cross-domain applications and development of comprehensive system solutions. There are several potential growth opportunities for system integrators, chip manufacturers and communication technology providers.

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