How big is the Wireless Connectivity Market?

The Wireless Connectivity Market size is expected to reach USD 90.29 billion in 2024 and grow at a CAGR of 12.79% to reach USD 164.83 billion by 2029. Read More

What is the current Wireless Connectivity Market size?

In 2024, the Wireless Connectivity Market size is expected to reach USD 90.29 billion. Read More

Who are the key players in Wireless Connectivity Market?

Qualcomm Incorporated, Intel Corporation, Texas Instruments Inc., NXP Semiconductors N.V. and Microchip Technology Inc. are the major companies operating in the Wireless Connectivity Market. Read More

Which is the fastest growing region in Wireless Connectivity Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Wireless Connectivity Market?

In 2024, the North America accounts for the largest market share in Wireless Connectivity Market. Read More

What years does this Wireless Connectivity Market cover, and what was the market size in 2023?

In 2023, the Wireless Connectivity Market size was estimated at USD 78.74 billion. The report covers the Wireless Connectivity Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Wireless Connectivity Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Wireless Connectivity Market - Size, Analysis & Trends

Wireless Connectivity Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Wireless Connectivity Market Analysis, and It is Segmented by Technology (Wi-Fi, Bluetooth, Zigbee, and Other Technologies), End-User Industry (Automotive, Industrial, Healthcare, Energy, Infrastructure, and Other End-User Industries), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Wireless Connectivity Industry Overview

The competitive landscape for the wireless connectivity market is fragmented, with a large number of players competing in the market, including Qualcomm Incorporated, Intel Corporation, Texas Instruments Inc., NXP Semiconductors NV, and Microchip Technology Inc. The market is witnessing strategic developments, such as product launches, mergers, and acquisitions, to gain a competitive edge.

In February 2024, Quectel Wireless Solutions, a global IoT solutions provider, launched two new wi-fi modules, the FCU741R and the FCS950R, and bluetooth modules, the HCM010S and the HCM111Z. Through this launch of bluetooth and wi-fi modules, the company aims to empower designers and developers with multiple options, catering to diverse needs in terms of size, cost, and power efficiency.
In January 2024, Ceva Inc., the licensor of silicon and software IP that enables Smart Edge devices to connect, sense, and infer data reliably and efficiently, and Sunplus Technology Co. Ltd, a chip provider for multimedia and automotive applications have expanded their collaboration to integrate Ceva's latest generation RivieraWaves Bluetooth audio solution into the Sunplus airlyra family of HD audio processors targeting wireless speakers, soundbars and other premium wireless audio devices.