Wireless Data Communication Market Overview:
The global wireless data communication market is anticipated to gain ascension and garner a market revenue valuation of USD 1867.8 million by the end of the forecast period, from a market valuation of USD 794.6 million at the beginning of the forecast period. Market Research Future (MRFR) has studied the global wireless data communication market and released a report containing an elaborate analysis of the same. As per this report, the global wireless data communication market is anticipated to register a robust CAGR of 18.6% during the estimate period. This can be owed to the mounting penetration of cellular systems and an upscaling demand for wireless data services for swapping information across the globe.
The advent of advanced cell phones, tablets, and other high-tech hand-held devices connected to the wireless network are considered to influence and alter the game in the growth of the global Wireless Data Communication Market. The key objective of deploying digital devices is the augmentation of interfaces in real-time web surfing and other applications, which have elevated the use of data to a great extent over wireless networks.
Furthermore, proliferating use of unified communication platforms by various small and large organizations for saving time and receding distance barriers through seamless mobile connectivity are aiding in creating avenues for the wireless communication market. However, issues in terms of connectivity and network are poised to challenge the growth of the global wireless data communication market over the forecast period.
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Major Key Players
Some prominent players present in the global wireless data communication market include Qualcomm(US), AT&T(US), Verizon Wireless(US), Cisco(US), D-Link(US), Google(US), Huawei Technologies (China), Intel(US), Texas Instruments(US), Cypress Semiconductor(US), NXP Semiconductor(Netherlands),Enocean(Germany),Broadcom(US),STMicroelectronics(Switzerland), Microchip(US), Murata Manufacturing(Japan), Marvel Technology(US).
Wireless Data Communication Market Segmentation:
The global wireless data communication market has been analyzed for an array of segments that are
- based on component, technology, type, application, vertical, and region. B
- ased on type, the global wireless data communication market has been segmented into Wireless Personal Area Network, Wireless Local Area Network, Satellite, Low Power Wide Area Network and Cellular M2M.
- Based on vertical, the global wireless data communication market is segmented into consumer electronics, IT and telecom, aerospace and defense, automotive, and healthcare.
- Based on component, the global wireless data communication market is segmented into hardware and services. The hardware segment is further segmented into hubs, switches, access points, routers, and gateways. The services segment is studied for the sub-segments of professional services and managed services.
- Based on technology, the global wireless data communication market is segmented into Bluetooth, Zigbee, Wi-Fi, NFC, 2G/3G, LTE, and Lora. The Wi-Fi technology segment is anticipated to grow at a fast pace over the forecast period owing to the ascension in the adoption of various Wi-Fi enabled devices such as smart TVs, smart refrigerators, and washing machines.
Wireless Data Communication Market Detailed Regional Analysis:
The global wireless data communication market is studied for the different regions of North America, Asia Pacific, Europe, and Rest of the World. North America is expected to dominate the global wireless data communication market through the conjecture period owing to the prevalence of several market giants in the region. Further, the presence of the early adopters of the latest technology is also contributing to the ascension of the regional wireless data communication market.
Asia Pacific is estimated to gain the maximum growth rate over the forecast period owing to the increasing adoption of connected devices and digital technologies such as laptops, smart devices, and tablets in developing countries such as India and China.
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure:
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List of Tables
Table 1 Global Wireless Data Communication Market, By Region, 2018—2023
Table 2 North America: Wireless Data Communication Market, By Country, 2018—2023
Table 3 Europe: Wireless Data Communication Market, By Country, 2018—2023
Table 4 Asia-Pacific: Wireless Data Communication Market, By Country, 2018—2023
List of Figures
Figure 1 Global Wireless Data Communication Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Wireless Data Communication Market
Figure 4 Value Chain of Global Wireless Data Communication Market
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