Wireless Module Market Scope
The wireless module is an embedded system-on-chip with integrated TCP/IP protocol that give any microcontroller to access the Wi-Fi network. These wireless modules are used in various electronic, medical, and industrial devices to get access to the network. Most of the modern smart devices which are based on IoT and embedded technology uses these modules. Growing technological advancements and innovations are increasing the demand of wireless modules. The embedded wireless module follows a wireless standard defined by IEEE.
The Wireless Module market study is segmented by Type (Bluetooth, Wi-Fi, RF Module and Antenna, ZIGBEE/XBEE Modules and Others (Long-Term Evolution (LTE), WiMax, High-Speed Packet Access (HSPA))), by Application (Smart Appliances, Handheld Mobile Devices, Medical and Industrial Testing, IoT Devices and Sensors and Others (Digital Signage, Remote Monitoring/SCADA)) and major geographies with country level break-up. According to AMA, the Global Wireless Module market is expected to see growth rate of 11.5%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Wireless Module market throughout the predicted period.
Laird Connectivity (United States), Murata Manufacturing Co., Ltd. (Japan), Advantech Co., Ltd. (United States), Taiyo Yuden (United States), Azure Wave Technologies (Taiwan), Silicon Laboratories (United States), Texas Instruments Incorporated (United States), Sierra Wireless (Canada), Grid Connect Inc. (United States) and Microchip Technology (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Digi International (United States), ZTE Corporation (China), Huawei (China), Silex Technology (Japan), Espressif Systems (China) and Lantronix (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Wireless Module market by Type, Application and Region.
On the basis of geography, the market of Wireless Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On January 16, 2020, Lantronix, Inc., a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), has announced that it has completed the acquisition of all of the outstanding shares of Intrinsyc Technologies Corporation, a leading provider of solutions for the development of embedded and IoT products.
Market Trend
- Low-power Wireless Modules owing to Application in Smart and Energy Saving Devices
Market Drivers
- Growing Demand of Wireless Technology owing to High End-Use Applications in Electronic Gadgets and Devices
- Rising Penetration of Internet and Cheap Data Rates
- Rise in the Advancements of Wireless Modules owing to Embedded Technology
Opportunities
- Growing Technological Advancements such as IoT and Smart Appliances
- Huge Investments in Research and Developments
Restraints
- Wi-Fi implementation is very expensive when compared to the wired connection
- Stringent Government Regulations owing to Harmful Radiations
Challenges
- Selection of Wireless Module for Appropriate Application
- Data Encryption Capability on the Module
Key Target Audience
Wireless Module Manufacturers, Embedded System Engineers, Component & Part Suppliers, Electronic Appliance Manufacturers, Distributors/Traders/Exporters/Importers, New Entrants/Investors, End-Use Industries and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase