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Emerging Automotive Wi-Fi Modules Market Trends: Advancements In Automotive Wi-Fi Modules To Enhance Reliability And Performance Shaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Automotive Wi-Fi Modules Market Size Growth Forecast: What to Expect by 2025?
The market size for automotive wi-fi modules has seen a swift expansion in the past few years. It is projected to increase from $3.29 billion in 2024 to $3.65 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.9%. The historical period's growth can be attributed to several factors such as the increasing demand for in-car infotainment systems, usage of telematics, more investment towards automotive cybersecurity measures, growth within the automotive industry itself, and the integration of smartphones in vehicular systems.
How Will the Automotive Wi-Fi Modules Market Size Evolve and Grow by 2029?
Anticipated to exhibit swift expansion in the upcoming years, the automotive wi-fi modules market is predicted to reach a value of $5.46 billion in 2029, with a compound annual growth rate (CAGR) of 10.6%. The projected growth in this period can be ascribed to factors such as a growing need for connected automobiles, the surging adoption of advanced driver assistance systems, an increasing number of electric vehicles, heightened investment in smart traffic management solutions, and a surge in demand for uninterrupted device connectivity. Key trends expected during this forecast period encompass progressive technological developments, the adoption of the 5G technology, advanced driver assistance systems, in-car entertainment systems, and telematics solutions.
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What Drivers Are Propelling the Growth of Automotive Wi-Fi Modules Market Forward?
Continued adoption of IoT devices is predicted to drive the expansion of the automotive Wi-Fi modules market. IoT devices are linked gadgets that facilitate communication and data transfer via the internet. There are several catalysts for this increase in IoT devices adoption, including technological advancements, improved connectivity and bandwidth, reduced sensor and hardware costs, and the increasing demand for automation and data-oriented decision-making. IoT devices boost vehicle connectivity within automotive Wi-Fi modules, allowing for real-time data sharing, remote diagnostics, and sophisticated infotainment features. As an example, a report by Ericsson, a telecommunications corporation based in Sweden, indicated that total IoT connections had risen to 15.7 billion by 2023, and is projected to grow by 16% to 38.8 billion connections by 2029. Hence, the escalating adoption of IoT devices is fuelling the expansion of the automotive Wi-Fi modules market.
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Which Emerging Trends Are Transforming the Automotive Wi-Fi Modules Market in 2025?
Leading businesses in the automotive Wi-Fi modules market are prioritizing the development of innovative products, such as temperature variant technology, in order to secure a competitive advantage. Temperature variant technology incorporates unique design elements and materials that enable the modules to function effectively under various temperature conditions. Given the possible exposure of electronic components to extreme hot and cold settings in automotive contexts, it is vital for Wi-Fi modules to withstand these harsh conditions. For example, u-blox, a semiconductor company based in Switzerland, introduced its most recent dual-band Wi-Fi 6 and dual-mode Bluetooth 5.3 modules in June 2023. The advanced automotive-grade module, named u-blox JODY-W5, is armed with dual-band Wi-Fi 6 and dual-mode Bluetooth 5.3 capabilities, including LE Audio, to bolster vehicle connectivity. This compact module, which can operate in rigorous automotive conditions up to 105 °C, offers trustworthy and secure wireless connectivity and is adaptable to various applications, such as telematics, real-time vehicle diagnostics, and enhancement of in-car entertainment.
What Are the Key Segments in the Automotive Wi-Fi Modules Market?
The automotive wi-fi modulesmarket covered in this report is segmented -
1) By Type: Wi-Fi 6 Module, Wi-Fi 5 Module, Other Types
2) By Technology: Wi-Fi Direct, Dual Wi-Fi Bluetooth, Wi-Fi Bluetooth
3) By Sales Channel: Original Equipment Manufacturers, Aftermarket
4) By Application: Commercial Vehicle, Passenger Car
Subsegments:
1) By Wi-Fi 6 Module: Wi-Fi 6 (802.11ax) with MU-MIMO (Multi-User, Multiple Input, Multiple Output), Wi-Fi 6 with OFDMA (Orthogonal Frequency-Division Multiple Access), Wi-Fi 6 with Beamforming Technology, Wi-Fi 6 for In-Vehicle Connectivity, Wi-Fi 6 for V2X (Vehicle-to-Everything) Communication, Wi-Fi 6 for Enhanced Streaming and Gaming in Vehicles
2) By Wi-Fi 5 Module: Wi-Fi 5 (802.11ac) with MU-MIMO, Wi-Fi 5 for High-Speed In-Car Connectivity, Wi-Fi 5 for Infotainment Systems, Wi-Fi 5 for Over-the-Air (OTA) Updates in Vehicles, Wi-Fi 5 for Vehicle Telematics
3) By Other Types: Wi-Fi 4 Module (802.11n), Dual-Band Wi-Fi Modules (2.4 GHz and 5 GHz), Embedded Wi-Fi Modules, Wi-Fi + Bluetooth Combo Modules, Wi-Fi Modules for Autonomous Vehicle Communication.
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Who Are the Key Players Shaping the Automotive Wi-Fi Modules Market's Competitive Landscape?
Major companies operating in the automotive Wi-Fi modules market are Verizon Communications Inc., Intel Corporation, Vodafone Group Plc, Cisco Systems Inc., Broadcom Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Bharti Airtel Limited, Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Rogers Communications Inc., Arista Networks Inc., Tata Communications Limited, NMB Technologies Corporation, U-Blox Holding AG, Ruckus Wireless Inc., Espressif Systems Co. Ltd., Rolling Wireless SARL, LM Technologies Ltd., LG Networks Inc., DayStar Electric Technology Inc.
What Geographic Markets Are Powering Growth in the Automotive Wi-Fi Modules Market?
Asia-Pacific was the largest region in the automotive Wi-Fi modules market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive Wi-Fi modules market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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