Press release
Wi-Fi Module Market Expected to Reach $59.14 Billion, Globally, By Top Key Players: Murata Manufacturing Co., Ltd., Taiyo Yuden Co., Ltd., Azure Wave Technologies, Inc., Silicon Laboratories Inc., Laird PLC, Broadlink, Advantech Co., Ltd., Shanghai MXCHIP
According to a recent report published by Allied Market Research, titled, 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.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.
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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 TABLES
TABLE 01. GLOBAL WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 02. GLOBAL WI-FI MODULE MARKET REVENUE FOR EMBEDDED WI-FI MODULE, BY REGION, 2017-2024 ($MILLION)
TABLE 03. GLOBAL WI-FI MODULE MARKET REVENUE FOR ROUTER SCHEME BASED WI-FI MODULE BY REGION, 2017-2024 ($MILLION)
TABLE 04. GLOBAL WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 05. GLOBAL WI-FI MODULE MARKET REVENUE FOR SMART GRID & SMART APPLIANCES, BY REGION, 2017-2024 ($MILLION)
TABLE 06. GLOBAL WI-FI MODULE MARKET REVENUE FOR HANDHELD MOBILE DEVICES, BY REGION, 2017-2024 ($MILLION)
TABLE 07. GLOBAL WI-FI MODULE MARKET REVENUE, FOR MEDICAL & INDUSTRIAL TESTING INSTRUMENTS, BY REGION, 2017-2024 ($MILLION)
TABLE 08. GLOBAL WI-FI MODULE MARKET REVENUE, FOR ROUTER, BY REGION, 2017-2024 ($MILLION)
TABLE 09. GLOBAL WI-FI MODULE MARKET REVENUE, BY REGION, 2017-2024 ($MILLION)
TABLE 10. NORTH AMERICA WI-FI MODULE MARKET REVENUE BY TYPE, 2017-2024 ($MILLION)
TABLE 11. NORTH AMERICA WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 12. NORTH AMERICA WI-FI MODULE MARKET REVENUE, BY COUNTRY 2017-2024 ($MILLION)
TABLE 13. U.S. WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 14. U.S. WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 15. CANADA WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 16. CANADA WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 17. MEXICO WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 18. MEXICO WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 19. EUROPE WI-FI MODULE MARKET REVENUE FOR COMPONENT, 2017-2024 ($MILLION)
TABLE 20. EUROPE WI-FI MODULE MARKET REVENUE BY APPLICATION, 2017-2024 ($MILLION)
TABLE 21. EUROPE WI-FI MODULE MARKET REVENUE BY COUNTRY, 2017-2024 ($MILLION)
TABLE 22. UK WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 23. UK WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 24. GERMANY WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 25. GERMANY WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 26. FRANCE WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 27. FRANCE WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 28. REST OF EUROPE WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 29. REST OF EUROPE WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 30. ASIA-PACIFIC WI-FI MODULE MARKET REVENUE BY TYPE, 2017-2024 ($MILLION)
TABLE 31. ASIA-PACIFIC WI-FI MODULE MARKET REVENUE BY APPLICATION, 2017-2024 ($MILLION)
TABLE 32. ASIA-PACIFIC WI-FI MODULE MARKET REVENUE, BY COUNTRY 2017-2024 ($MILLION)
TABLE 33. CHINA WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 34. CHINA WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 35. INDIA WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 36. INDIA WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 37. JAPAN WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 38. JAPAN WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 39. REST OF ASIA-PACIFIC WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 40. REST OF ASIA-PACIFIC WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 41. LAMEA WI-FI MODULE MARKET REVENUE BY TYPE, 2017-2024 ($MILLION)
TABLE 42. LAMEA WI-FI MODULE MARKET REVENUE BY APPLICATION, 2017-2024 ($MILLION)
TABLE 43. LAMEA WI-FI MODULE MARKET REVENUE, BY SUB-REGION 2017-2024 ($MILLION)
TABLE 44. LATIN AMERICA WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 45. LATIN AMERICA WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 46. MIDDLE EAST WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 47. MIDDLE EAST WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 48. AFRICA WI-FI MODULE MARKET REVENUE, BY TYPE, 2017-2024 ($MILLION)
TABLE 49. AFRICA WI-FI MODULE MARKET REVENUE, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 50. MURATA: COMPANY SNAPSHOT
TABLE 51. MURATA: OPERATING SEGMENTS
TABLE 52. MURATA: PRODUCT PORTFOLIO
TABLE 53. TAIYO YUDEN: COMPANY SNAPSHOT
TABLE 54. TAIYO YUDEN: PRODUCT PORTFOLIO
TABLE 55. AZUREWAVE: COMPANY SNAPSHOT
TABLE 56. AZUREWAVE: PRODUCT PORTFOLIO
TABLE 57. SILICON LABS: COMPANY SNAPSHOT
TABLE 58. SILICON LABS: PRODUCT PORTFOLIO
TABLE 59. LAIRD: COMPANY SNAPSHOT
TABLE 60. LAIRD: OPERATING SEGMENTS
TABLE 61. LAIRD: PRODUCT PORTFOLIO
TABLE 62. BROADLINK: COMPANY SNAPSHOT
TABLE 63. BROADLINK: PRODUCT PORTFOLIO
TABLE 64. ADVANTECH: COMPANY SNAPSHOT
TABLE 65. ADVANTECH: OPERATING SEGMENTS
TABLE 66. ADVANTECH: PRODUCT PORTFOLIO
TABLE 67. MXCHIP: COMPANY SNAPSHOT
TABLE 68. MXCHIP: PRODUCT PORTFOLIO
TABLE 69. SILEX TECHNOLOGY: COMPANY SNAPSHOT
TABLE 70. SILEX TECHNOLOGY: OPERATING SEGMENTS
TABLE 71. SILEX TECHNOLOGY: PRODUCT PORTFOLIO
TABLE 72. MICROCHIP TECHNOLOGY: COMPANY SNAPSHOT
TABLE 73. MICROCHIP TECHNOLOGY: OPERATING SEGMENTS
TABLE 74. MICROCHIP TECHNOLOGY: PRODUCT PORTFOLIO
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