Zion Market Research Wireless Connectivity Market, 2016–2024 | Page 3

Wireless Connectivity Market
Fi/Bluetooth smart, ZigBee, GNSS, ANT+, WHAT and thread. Based on the application,
the wireless connectivity market is divided into wearable devices, automotive and
transportation, consumer electronics, telecommunication, healthcare, building automation,
agriculture and industrial. The global market is diversified into various regions such as Asia-
Pacific, Europe, North America and Rest of the World.
Global Wireless Connectivity Market: Growth Factors
The market segment that is contributing more is the consumer electronics application. It
is mainly owing to the rise in the IoT and the machine-to-machine communication. The market
for the Wi-Fi/Bluetooth smart technology is growing rapidly. The telecommunication and the
consumer electronics market are growing rapidly which in turn is increasing the demand for the
wireless connectivity market. The need for the real-time computing and the demand for the
connected devices have majorly driven the wireless connectivity market. The other wireless
technology devices that have boosted the market growth are ZigBee, Bluetooth, Wi-Fi and the
low-power wide-area (LPWA) networks. Lack of even communication principles is challenging the
wireless connectivity network market growth. In addition to it the interferences of other
electromagnetic sources, physical objects, and the layered structure also hampers the evolution
of the wireless connectivity technology.
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