Amplification in the use of smartphones and neoteric developments in the crannies of wearable technology such as smartwatches, fitness trackers, safety wearables, etc. have ushered its way to wireless connectivity. Continuous technological advancements and keeping up with the prevailing trends due to COVID-19 viz work-from-home and virtual learning has enriched the demand for low-power wide-area (LPWA) networks. Although low-processing and minimal battery life hindered the growth of wireless connectivity, homogenizing with IoT and M2M (machine to machine) devices is expected to a promising solution in the coming years.
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Key Highlights of the Wireless Connectivity Market
Smart infrastructure backed by smart meters has fostered the need for wireless connections across roads, homes, and buildings. As the usage of IoT devices proliferates, a great amount of user data is accumulated which could be hacked or used without consent. Ergo, data security and privacy breaches remain one of the biggest concerns. The incessant use of LTE Cat-M1 has increased over time, enabling the telematics device to connect with the low power wide area networks (LPWAN).
Healthcare Sector Exuberantly Embraces Wireless Devices
The emergence of the COVID-19 pandemic embarks on the drastic changes in lifestyle and healthcare sectors. Healthcare departments across the globe have consistently become more conscious of dealing with patients. Subsequently, patients are being allotted the smart devices to keep a check on oxygen level, pulse rate, and heartbeats. Furthermore, the medical records are also backed on the IoT applications aiding wireless connectivity. However, there are specific regions where Wi-Fi or Bluetooth is inaccessible which is a stumbling block for wireless connections. On redressing the section, the usage of devices that are wirelessly connected will be unstoppable in the near future.
Asia Pacific Significantly Sway Wireless Connectivity Market
Asia Pacific is expected to flourish in the global wireless connectivity market. Extended use of smartphones, media streaming over smart devices, smart consumer devices in these developing economies, and perpetual advancement in the region are the boosters of the requirement alongside urbanization and population growth. Besides, government financial assistance and technical rejuvenation with hi-tech succor is projected to create new avenues for growth over the study period. All in all, the economic evolution will continue to grow, propelled by the robust cellular infrastructure of the Asia Pacific region, in the years to follow.
Prepollent Combatants in the Wireless Connectivity Market
Some of the chief market players leading in the race of proffering world-class wireless connections 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), Espressif 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) These players are increasingly undertaking product launches and developments, and acquisitions to develop and introduce new technologies and products in the global wireless connectivity market.
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The global Wireless Connectivity Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Wireless Connectivity market include Qualcomm, Intel, Broadcom, MediaTek, Texas Instruments, Cypress Semiconductor, NXP Semiconductors, STMicroelectronics, Microchip, EnOcean, NEXCOM, Skyworks Solutions, Murata Manufacturing, Marvell Technology, Quantenna Communications, Renesas Electronics, Nordic Semiconductor, CEVA, Espressif Systems and Peraso Technologies.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Wireless Connectivity Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/wireless-connectivity-market/download-sampleMarket DynamicsGrowing trends in process optimization, home automation, and lifestyle improvement and increased requirement of smart infrastructure are giving rise to the wireless connectivity market.
The need for the real-time results and the demand for the connected devices are majorly fueling the wireless connectivity market.
The telecom industry and the consumer electronics market are growing rapidly which in turn is mounting the demand for the wireless connectivity market.
FEB 25, 2020: The global Active Insulation market size is expected to reach USD 401.9 million by 2027, expanding at a revenue-based CAGR of 5.9%, according to a new report by Radiant Insights, Inc.
Rising demand for insulation products to maintain the inner temperature in building structures is anticipated to drive the market over the forecast period.
Moreover, increasing re-insulation activities under-insulated houses to save energy are further expected to support the growth.The growing popularity of outdoor activities such as cycling, sports, workouts, and yoga are likely to ascend the demand for activewear and sportswear.
Commercial availability of active insulating products coupled with their benefits including resistant to shrinking, stretching, and quick-drying are expected to aid the growth.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/active-insulation-market/request-sampleIncreasing energy costs and growing consumer awareness regarding the economic benefits of building insulation are expected to have a positive impact on the market.
Increasing production of sportswear and activewear in countries like China and India are likely to aid the market in Asia Pacific.Further key findings from the report suggest:The demand for glass wool product for building and construction applications is expected to witness a CAGR of 5.1% by revenue, from 2020 to 2027, on account of its superior heat insulation coupled with ease of application in the construction industryPolyester emerged as the largest product segment for textile applications in 2019 and is estimated to generate revenue of USD 63.4 million by 2027 on account of efficient moisture handling, non-allergic, and non-itch propertyGlobal expanded polystyrene (EPS) demand in building and construction was estimated at USD 56.7 million in 2019 and is anticipated to witness staggered growth over the forecast period due to improved performanceThe U.S. market in sportswear application was estimated at USD 7.1 million in 2019 and is estimated to witness notable growth rate from 2019 to 2027 on account of increased adoption of such productsKey players including PrimaLoft, Inc.; Polartec; and Economical Building Systems dominated the active insulation market while accounting for over 65% of the total market share in 2019.To Browse Full Research Report @: https://www.radiantinsights.com/research/active-insulation-marketTable of ContentsChapter 1.
To See More Reports of This Category by Radiant Insights: https://industryforcast.wordpress.comAbout Radiant Insights: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
