Wi-Fi Module Market is Expected to Reach $59.14 Billion, By Leading Industry Players Murata Manufacturing Co., Ltd., Taiyo Yuden Co., Ltd., Azure Wave Technologies, Inc., Silicon Laboratories Inc., Laird PLC, Broadlink, Advantech Co., Ltd., Shanghai MXCHI

North America is expected to dominate the global Wi-Fi module market during the forecast period, owing to rise in adoption of smart appliances and increase in technological advancements such as IoT and cloud computing. Moreover, growth in use of smart devices has propelled the growth of the Wi-Fi module market in the region.

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.

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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.

The global Wi-Fi module market is segmented based on type, application, and region. By type, the market is segmented into router scheme Wi-Fi module and embedded Wi-Fi module. Further it is divided based on technology as smart grid & smart appliance, handheld mobile device, medical & industrial testing instrument and router. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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 industry.

Adoption of cloud computing and rise in telecommunication, residential, and commercial sectors impact the growth of the market. However, increase in privacy and security issues affect the growth of the global Wi-Fi module market. These factors are anticipated to either drive or hamper the market growth.

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In recent years, most of the industries are shifting towards cloud computing to reduce cost by eliminating various investments required for hardware storage and physical infrastructures. In addition, cloud computing provides various advantages such as viability, scalability, and swiftness. Moreover, data storage and retrieval are some of the added advantages of cloud computing. These factors help propel the market, as in the process of data transfer or storage on cloud the need for a Wi-Fi module is essential.

Growth in urbanization, rise in global population and technological advancements have increased the demand for internet, which creates lucrative growth opportunities for the Wi-Fi module market. For instance, smart home appliances are the major trend that is witnessed in recent years, which enable various devices that are utilized in daily household activities such as washing machines, televisions, smartphones, air-conditions, cooking range such as oven, microwave and others that connect with the help of Wi-Fi module.

Increase in technological advancements such as internet of things (IoT) enables the smart electronic devices connect to the internet and can be accessed remotely with the help of Wi-Fi module. However, the disadvantage is that the smart devices that are connected with the help of Wi-Fi technology can be accessed remotely which makes it less secure and vulnerable to hacking as no security is provided. This is estimated to restrict the growth of the Wi-Fi module market.

Table of Content:

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. RESEARCH METHODOLOGY

1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top Winning Strategies

3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2017
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increased adoption of smart appliances
3.5.1.2. Rise in adoption of cloud computing

3.5.2. Restraint

3.5.2.1. Rise in privacy and security issues

3.5.3. Opportunity

3.5.3.1. Emergence of 5G technology

Chapter: 4: WI-FI MODULE MARKET, BY TYPE

4.1. OVERVIEW
4.2. EMBEDDED WI-FI MODULE

4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. ROUTER SCHEME BASED WI-FI MODULE

4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

Chapter: 5: GLOBAL WI-FI MODULE MARKET, BY APPLICATION

5.1. OVERVIEW
5.2. SMART GRID & SMART APPLIANCES

5.2.1. Key market trends and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. HANDHELD MOBILE DEVICES

5.3.1. Key market trends and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. MEDICAL & INDUSTRIAL TESTING INSTRUMENTS

5.4.1. Key market trends and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

5.5. ROUTER

5.5.1. Key market trends and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

Chapter: 6: GLOBAL WI-FI MODULE MARKET, BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by application
6.2.4. Market analysis by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by type
6.2.4.1.2. Market size and forecast, by application

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by type
6.2.4.2.2. Market size and forecast, by application

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by type
6.2.4.3.2. Market size and forecast, by application

6.3. EUROPE

6.3.1. Key market trends and growth factors & opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by application
6.3.4. Market size and forecast, by country

6.3.4.1. UK

6.3.4.1.1. Market size and forecast, by type
6.3.4.1.2. Market size and forecast, by application

6.3.4.2. Germany

6.3.4.2.1. Market size and forecast, by type
6.3.4.2.2. Market size and forecast, by application

6.3.4.3. France

6.3.4.3.1. Market size and forecast, by type
6.3.4.3.2. Market size and forecast, by application

6.3.4.4. Rest of Europe

6.3.4.4.1. Market size and forecast, by type
6.3.4.4.2. Market size and forecast, by application

6.4. ASIA-PACIFIC

6.4.1. Key market trends and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by application
6.4.4. Market analysis by country

6.4.4.1. China

6.4.4.1.1. Market size and forecast, by type
6.4.4.1.2. Market size and forecast, by application

6.4.4.2. India

6.4.4.2.1. Market size and forecast, by type
6.4.4.2.2. Market size and forecast, by application

6.4.4.3. Japan

6.4.4.3.1. Market size and forecast, by type
6.4.4.3.2. Market size and forecast, by application

6.4.4.4. Rest of Asia-Pacific

6.4.4.4.1. Market size and forecast, by type
6.4.4.4.2. Market size and forecast, by application

6.5. LAMEA

6.5.1. Key market trends and key growth factors & opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by application
6.5.4. Market analysis by sub-region

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast, by type
6.5.4.1.2. Market size and forecast, by application

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast, by type
6.5.4.2.2. Market size and forecast, by application

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast, by type
6.5.4.3.2. Market size and forecast, by application

Chapter: 7: COMPANY PROFILES

Chapter: 8: COMPANY PROFILES

8.1. MURATA MANUFACTURING CO., LTD.

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.1.6. Key strategic moves and developments

8.2. TAIYO YUDEN CO., LTD.

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance

8.3. AZUREWAVE TECHNOLOGIES, INC.

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product portfolio
8.3.4. Business performance

8.4. SILICON LABORATORIES INC.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments

8.5. LAIRD PLC

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.5.6. Key strategic moves and developments

8.6. BROADLINK

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Product portfolio

8.7. ADVANTECH CO., LTD. (ADVANTECH B+B SMARTWORX INC.)

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Business performance
8.7.6. Key strategic moves and developments

8.8. SHANGHAI MXCHIP INFORMATION TECHNOLOGY CO., LTD.

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio

8.9. SILEX TECHNOLOGY, INC.

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio

8.10. MICROCHIP TECHNOLOGY INC.

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments

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