Wi-Fi Module Market to Reach $59.14 Billion | By Top Leading Companies Murata Manufacturing Co., Ltd., Taiyo Yuden Co., Ltd., Azure Wave Technologies, Inc., Silicon Laboratories Inc., Laird PLC, Broadlink, Advantech Co., Ltd., Shanghai MXCHIP Information

Global Wi-Fi Module Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2024, the global Wi-Fi module market was valued at $26.48 billion in 2017, and is projected to reach at $59.14 billion by 2024, growing at a CAGR of 11.2% from 2018 to 2024.

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A Wi-Fi module is an independent system on a chip (SoC) that is integrated with the help of TCP/IP stack enabling microcontrollers to provide access to the Wi-Fi network. The main purpose of the Wi-Fi module is to connect numerous electronic devices to the internet mainly, smartphones, tablets, laptops, and other smart appliances that include household electronic devices such as washing machine, air-conditioner, water heater, smart television, refrigerator, and others. In 2017, North America dominated the global Wi-Fi module market. In the same year, the U.S. dominated the North America market.

Rise in adoption of cloud computing and increase in use of smart connected devices in the telecommunications, industrial, and commercial sectors drive the growth of the global Wi-Fi module market. However, rise in security and privacy issues restrict the market growth.

In recent years, number of industries have shifted their focus towards cloud computing components in order to eliminate investment costs required for hardware storage and physical infrastructure. Moreover, cloud computing provides certain advantages such as viability, scalability, and high-speed. Furthermore, cloud computing also helps in data storage and retrieval. These factors are expected to propel the growth of the Wi-Fi modules.

In 2017, based on type, the router scheme Wi-Fi module segment dominated the global Wi-Fi module market, in terms of revenue. However, based on application, smart appliance segment led the global market in the same year.

The global Wi-Fi module market is analyzed based on four regions-North America, Europe, Asia-Pacific, and LAMEA. In addition, it includes Porters five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report further features the strategies adopted by the key market players to maintain their foothold in the market. Murata Manufacturing Co., Ltd., Taiyo Yuden Co., Ltd., Azure Wave Technologies, Inc., Silicon Laboratories Inc., Laird PLC, Broadlink, Advantech Co., Ltd., Shanghai MXCHIP Information Technology Co., Ltd., Silex Technology, Inc., Microchip Technology Inc. are some of the key players operating in the global Wi-Fi module market.

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The report includes a micro-level study of different regions adopting Wi-Fi modules for various applications. In addition, it discusses the potential opportunities for market players to enter the market. Moreover, it provides an in-depth market analysis of Wi-Fi module, outlining current trends, key driving factors, and potential areas for product investments.

LIST OF FIGURES

FIGURE 01. TOP IMPACTING FACTORS: WI-FI MODULE MARKET
FIGURE 02. TOP INVESTMENT POCKETS: WI-FI MODULE MARKET
FIGURE 03. LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 04. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05. MODERATE-TO-HIGH THREATS TO NEW ENTRANTS
FIGURE 06. MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 07. MODERATE COMPETITIVE RIVALRY
FIGURE 08. MARKET SHARE ANALYSIS: WI-FI MODULE MARKET, 2017
FIGURE 09. COMPARATIVE ANALYSIS OF EMBEDDED WI-FI MODULE MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 10. COMPARATIVE ANALYSIS OF ROUTER BASED WIFI MODULE MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 11. COMPARATIVE ANALYSIS OF SMART GRID & SMART APPLIANCES MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 12. COMPARATIVE ANALYSIS OF HANDHELD MOBILE DEVICES MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 13. COMPARATIVE ANALYSIS OF MEDICAL & INDUSTRIAL TESTING INSTRUMENTS MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 14. COMPARATIVE ANALYSIS OF ROUTER MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 15. MURATA: NET SALES, 2015-2017 ($MILLION)
FIGURE 16. MURATA: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 17. MURATA: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 18. TAIYO YUDEN: NET SALES, 2015-2017 ($MILLION)
FIGURE 19. TAIYO YUDEN: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 20. TAIYO YUDEN: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 21. AZUREWAVE: NET SALES, 2015-2017 ($MILLION)
FIGURE 22. SILICON LABS: NET SALES, 2015-2017 ($MILLION)
FIGURE 23. SILICON LABS: REVENUE SHARE BY PRODUCT, 2017 (%)
FIGURE 24. SILICON LABS: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 25. LAIRD: NET SALES, 2015-2017 ($MILLION)
FIGURE 26. LAIRD: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 27. LAIRD: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 28. ADVANTECH: NET SALES, 2015-2017 ($MILLION)
FIGURE 29. ADVANTECH: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 30. ADVANTECH: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 31. MICROCHIP TECHNOLOGY: NET SALES, 2015-2017 ($MILLION)
FIGURE 32. MICROCHIP TECHNOLOGY: REVENUE SHARE BY PRODUCT, 2017 (%)
FIGURE 33. MICROCHIP TECHNOLOGY: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

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