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Wireless Connectivity Market Analysis 2023-2032: Size, Share, Trends And Outlook | Intel Corporation, Texas Instruments Incorporated, Qualcomm Incorporated, Broadcom Inc., STMicroelectronics
Wireless Connectivity Market
Wireless Connectivity Market Size, Growth Rate, And Forecast
The global wireless connectivity market size is expected to grow from $113.67 billion in 2022 to $127.58 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wireless connectivity market size is expected to reach $200.94 billion in 2027 at a CAGR of 12%.
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Wireless Connectivity Market Drivers
Growing internet penetration rates are expected to boost the growth of the wireless connectivity market going forward. The internet penetration rate refers to the percentage of the total population of a given country or region that uses the internet. Due to the increase in internet users, the adoption of new technological devices by the users, such as phones, microphones, and digital cameras, has increased.
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Wireless Connectivity Market Segments
• By Type: LPWAN (Low Power Wide Area Network), Cellular M2M (Machine-to-machine), WPAN (Wireless Personal Area Network), Satellite (GNSS) Global Navigation Satellite System, WLAN (Wireless Local Area Network).
• By Deployment: Control Devices, Gateways, Cloud.
• By Technology: Bluetooth, WI-FI, Ultra-Wideband, NFC, Cellular, Zigbee.
• By End Use: Wearable Devices, Healthcare, Consumer Electronics, Building Automation, Automotive and Transportation, Other End Uses.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Wireless Connectivity market.
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Wireless Connectivity Market Key Players
Major competitors in the wireless connectivity market include Intel Corporation, Texas Instruments Incorporated, Qualcomm Incorporated, Broadcom Inc., STMicroelectronics, NXP Semiconductors, Microchip Technology Inc.
The Business Research Company's "Global Wireless Connectivity Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Wireless Connectivity Market Include:
1. Executive Summary
2. Wireless Connectivity Market Characteristics
3. Wireless Connectivity Market Trends And Strategies
4. Wireless Connectivity Market - Macro Economic Scenario
5. Wireless Connectivity Market Size And Growth
……
26. Africa Wireless Connectivity Market
27. Wireless Connectivity Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wireless Connectivity Market
29. Wireless Connectivity Market Future Outlook and Potential Analysis
30. Appendix
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