Wireless connectivity is a technique used by homes, communication networks, and enterprise connections to reduce complex cable networks across buildings. Wireless connectivity equipment is deep rooted in many electrical device markets. WiFi, Bluetooth, and GPS are becoming universal for certain devices such as smart phones and mobile phones. Besides this, wireless connectivity is also required in applications in Internet of Things (IoT), ranging from control devices and gateways to cloud.
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Wireless connectivity is used by IoT devices to enable an access point through which communication and data transfer between two devices can take place. Collaborations and partnerships is one of the major trends in the wireless connectivity market. For instance, partnerships between ZigBee and other organizations such as EnOcean GmbH are anticipated to drive the self-powered energy harvesting internet-of-things devices in areas such as building automation and home automation.
Major factors driving the global wireless connectivity market include rise in adoption of IoT and cloud computing, increase in demand for smart phones and other wireless technology devices such as Bluetooth, ZigBee, and WiFi, growth in connectivity of the Internet, and escalation of demand for low-power wide-area (LPWA) networks.
Increase in need for cross domain applications could open up new opportunities for the wireless connectivity market. Additionally, rise in government subsidies for the development of IoT provided by countries such as India, the U.S., Canada, Australia, and South Korea is also estimated to offer new opportunities to the wireless connectivity market.
Key players operating in the global wireless connectivity market include Qualcomm Incorporated, Intel Corporation, NXP Semiconductors N.V., Texas Instruments Inc., Nexcom International Co., Ltd., Stmicroelectronics N.V., Mediatek Inc., Enocean GmbH, Atmel Corporation, and Cypress Semiconductor Corporation.
