Maharashtra, India -- (SBWIRE) -- 03/06/2019 -- Wireless Connectivity Market
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 Global Navigation Satellite System (GNSS).
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Scope of the Report:
The Wireless Connectivity market will register a 11.6% CAGR in terms of revenue, the global market size will reach US$ 38500 million by 2024, from US$ 19900 million in 2019.
Wireless Connectivity industry is relatively concentrated; manufacturers are mostly in the Asia, North America and Europe regions. Among them, Asia Regions output value accounted for more than 38% of the total output value of global Wireless Connectivity in 2016. Broadcom is the world leading manufacturers in global Wireless Connectivity market with the market share of 19.06% in terms of revenue.
Manufacturer, Distributor, Downstream Client Companies Data Analysis:
Broadcom, Murata, Qualcomm Atheros, Mediatek Inc., Intel Corporation, Cypress Semiconductor Corporation, Texas Instruments Inc., Atmel Corporation, Stmicroelectronics N.V., NXP Semiconductors N.V., Marvell
Segmentation by product type:
Wi-Fi
Bluetooth
Wi-Fi/Bluetooth Smart
ZigBee
Global Navigation Satellite System (GNSS)
Near Field Communication (NFC)
Other Technologies
Segmentation by application:
Consumer Electronics
Wearable Devices/Smart Appliances
Healthcare
Automotive & Transportation
Other
Wireless Connectivity Market report also splits the market by region:
North America (United States, Canada, Mexico)
South America ( Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More.
With the increasing in production capacity, expected that the Wireless Connectivity raw material price will be stable in the short term. Raw material price will play a significant role in promoting the cost of Wireless Connectivity.There are companies aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
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Research objectives:
Focuses on the key global Wireless Connectivity manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Wireless Connectivity with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Key Points sheathed in the Wireless Connectivity Market Report Coverage:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financial and recent developments
– Supply chain trends mapping the latest technological advancements