Press release
Wireless Connectivity Software Market Trends Estimates High Demand By 2017 - 2025
The major factor driving the growth of global wireless connectivity software market is the increase in demand for wireless technology devices in both residential and commercial space. Other factors such as, increase in usage of smartphones, surge in adoption of IoT and cloud computing devices such as wearable electronic devices, and the complexity involved and infrastructure requirements in cables and wire connectivity are also driving the growth of wireless connectivity software market.
However, high power consumption, operational costs, and requirement for enhanced information security are some of the challenges faced by wireless connectivity software market.
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Wireless Connectivity Software: Segmentation
The wireless connectivity software market can be segmented on the basis of connectivity technology, application, end-user vertical, and region wise.
Wireless Connectivity Software: Regional Overview
North America emerges as the leader in wireless connectivity software due to technological advancements in countries such as USA and Canada, increased penetration of Internet of Things. Adaptability of wireless technology devices in Europe region is resulting in considerable growth of wireless connectivity software market in this region. The wireless connectivity software market in APAC region is expected to grow at a significant pace due to government subsidiaries, initiatives towards digitization in these regions and increase in demand of consumers towards wireless connectivity devices.
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Wireless Connectivity Software: Key Players
STMicroelectronics, Intel Corporation, Texas Instruments Incorporated, Cisco, VOLANSYS TECHNOLOGIES PVT. LTD., Smith Micro Software, Inc., Open Mesh, Inc., AT&T, and Hewlett-Packard Enterprise are some of the key players in wireless connectivity software market.
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