Various types of wireless technology and networks allow devices to send data to each other and to the web (TCP/IP networks) without cables. There are a number of different wireless technologies that can be implemented in hardware products for the Internet of Things (IoT) and Machine to Machine (M2M) communication. The Institute of Electrical and Electronics Engineers (IEEE) has divided these 802.15 wireless technologies into seven task groups that set the standards for common types of wireless connectivity used for personal area networks.
MARKET SCOPE
The "Global Wireless IoT Connectivity Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the wireless IoT connectivity market with detailed market segmentation by technology, application and geography. The report provides key statistics on the market status of the leading wireless IoT connectivity market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on technology, the global wireless IoT connectivity market is segmented into wireless, cellular, LPWA, WLAN/WPAN technologies
? On the basis of application, the market is segmented into automotive, smart grids, smart cities, consumer electronics, industrial IOT, others
MARKET DYNAMICS
Drivers:
? Proliferation of Connected Devices.
? Need for Reliable, Secure, and High-Speed Network Connectivity
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The wireless IoT connectivity market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wireless IoT connectivity market in these regions.
IMPACT OF COVID-19 ON WIRELESS IOT CONNECTIVITY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the wireless IoT connectivity market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from wireless IoT connectivity market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wireless IoT connectivity market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Arm Limited
? Cypress Semiconductor Corporation
? Dialog Semiconductor PLC
? Huawei Technologies Co., Ltd.
? Microchip Technology Inc.
? Nordic Semiconductor ASA
? Qualcomm Technologies, Inc
? Samsung Electronics Co., Ltd. (Samsung)
? STMicroelectronics N.V.
? Texas Instruments Incorporated