Impact of COVID-19 on current wireless connectivity market

MarketsandMarkets Presents Wireless Connectivity Market by Connectivity Technology (Wi-Fi, Bluetooth, NFC, ZigBee, GNSS, LTE CAT-M1, NB-IoT, LoRa, SigFox), Type (WLAN, WPAN, LPWAN), End-use (Wearables, Consumer Electronics, Healthcare), and Region - Global Forecast to 2025 The global wireless connectivity market size is estimated to grow from USD 69.0 billion in 2020 to USD 141.1 billion by 2025, at a CAGR of 15.4%

MarketsandMarkets Presents Major driving factors for the Wireless Connectivity industry are the increased demand for wireless sensor networks in the development of smart infrastructure, a significant increase in the internet penetration rate, growth in adoption of the Internet of things (IoT), increasing trends like work from home and virtual learning pertaining to the COVID-19 pandemic, increased demand for low-power wide-area (LPWA) networks in the IoT applications. High power consumption by wireless sensors, terminals & connected devices, and lack of uniform communication standards act as restraints for the wireless connectivity market.

MarketsandMarkets Presents Bluetooth 5X enabled chipset to hold the largest volume share of the wireless connectivity market in 2025 Bluetooth 5.0 is the latest version of the Bluetooth wireless communication standard.

It is commonly used for wireless headphones and other audio hardware, as well as wireless keyboards, mice, and game controllers.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192605963 Bluetooth is also used for communication between various smart home and Internet of Things (IoT) devices

MarketsandMarkets Presents Consumer electronics end-use to hold the largest share of the wireless connectivity market in 2025 With the evolution of consumer appliances that can connect to the Internet and smartphones, the growth of wireless connectivity in the consumer electronics segment is expected to receive a boost. Given the large population base in some of the developing economies, such as China, India, and Thailand, there has been an increased number of new M2M connections per year in the APAC region.

MarketsandMarkets Presents Tri-Band Wi-Fi enabled chipset is projected to hold a major share in Wireless Connectivity Market in terms of volume from 2020 to 2025 The tremendous success of Dual-Bands and the growth of Wi-Fi and LTE unlicensed (LTE-U) bands over the past 4 years has led to the increased congestion over the 5 GHz band. Wi-Fi deals with huge data and hence attract network congestion. Disruptions caused by the high network congestion over the 5 GHz frequency band results in lower data throughput, increased power consumption, and a higher degree of latency owing to repetitive requests for retransmits that keep Wi-Fi devices in higher power transmit modes for a longer duration.

MarketsandMarkets Presents Key Market Players Key players in the market are Intel Corporation (US), Texas Instruments Incorporated (US), Qualcomm Incorporated (US), Broadcom (US), STMicroelectronics N.V. (Switzerland), NXP Semiconductors N.V. (Netherlands), Microchip Technology Inc. (US), MediaTek Inc. (Taiwan), Cypress Semiconductor Corporation (US), Renesas Electronics Corporation (Japan), EnOcean (Germany), Nexcom International Co., Ltd. (Taiwan), Skyworks Solutions, Inc. (US), Murata Manufacturing Co., Ltd. (Japan), Marvell Technology Group (Bermuda), Nordic Semiconductor (Norway), Expressif Systems (China), CEVA, Inc. (US), Quantenna Communications, Inc. (US), Peraso Technologies, Inc. (Canada), Panasonic Corporation (Japan), BehrTech (Canada), Element 14 (Singapore), Dialog Semiconductor (UK), and Silicon Labs (US) Know more @ https://www.marketsandmarkets.com/Market-Reports/wireless-connectivity-market-

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