Global Wireless Connectivity Market 2022-2028
The global wireless connectivity market is anticipated to increase by USD 77 billion till 2028 at an average annual growth of 12.7 percent as per the latest report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global wireless connectivity market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the wireless connectivity industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the technology, network type, end user, and region. The global market for wireless connectivity can be segmented by technology: Bluetooth, cellular M2M, LoRa, NFC, Wi-Fi, Zigbee, others. Among these, the Bluetooth segment was accounted for the highest revenue generator in 2021. Wireless connectivity market is further segmented by network type: wireless wide area network (WWAN), wireless personal area network (WPAN), wireless local area network (WLAN). The WPAN segment is estimated to account for the largest share of the global wireless connectivity market. Based on end user, the wireless connectivity market is segmented into: automotive and transportation, building automation, consumer electronics and wearables, energy and utilities, healthcare, industrial, IT and telecom, others. The consumer electronics and wearables segment held the largest share of the global wireless connectivity market in 2021 and is anticipated to hold its share during the forecast period. On the basis of region, the wireless connectivity market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW). In 2021, Asia Pacific made up the largest share of revenue generated by the wireless connectivity market.
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