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Wireless Communication Market: By Technology, By Application and Region Forecast 2020-2031
Wireless Communication Market: By Technology, By Application and Region Forecast 2020-2031
Wireless Communication Market size was valued at US$ 178.56 billion in 2023 and is poised to grow at a CAGR of 11.8% from 2024 to 2030. The global market provides a detailed overview and that can be segmented by technology and application. By technology, the market has been segmented into Wi-Fi, bluetooth, NFC, zigbee, enocean, cellular technologies and others. The bluetooth segment is likely to be the largest and fastest-growing segment in terms of technology. Based on application, the market is segmented into wearable devices, it and telecommunications, healthcare, transportation, consumer electronics and others. The wearable devices segment is expected to have the fastest-growing market during the forecast period 2024-2030.
Study Period
2025-2031Base Year
2024CAGR
11.8%Largest Market
North-AmericaFastest Growing Market
Europe
Consumer preferences are changing, and quick technical improvements have resulted in the creation of new operating systems and high-performance smartphones, which is projected to be a major driver of the market growth. As people become more aware of social media, they are more likely to use wireless communication media, which opens up many markets growth potential. Over the next few years, rising trends in internet marketing and advertising are likely to fuel market expansion.
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. Since the region is home to the bulk of the world's population, the wireless connectivity chip market is predicted to grow rapidly. As a result, in this region, the number of new M2M connections per year, the need for smart consumer products, and the need for the industrial revolution are all higher. APAC's growing economies, such as China, India, and Thailand, have vast populations.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2023 |
US$ 178.56 billion |
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Market CAGR |
11.8% |
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By Technology |
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By Application |
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By Region |
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Wireless communication market size was valued at US$ 178.56 billion in 2023 and is poised to grow at a CAGR of 11.8% from 2024 to 2030.
The major players in the are Qualcomm, Inc., Apple, Inc., Verizon Communications, Inc., GTT Communications Inc., Motorola Solutions, Inc., Hewlett-Packard Company, Vocera Communications, Inc., Intel Corp., Cisco Systems, Siemens AG, AT&T Inc., and Infineon Technologies.
Asia-Pacific is the fastest-growing region for wireless communication market
| 1. Executive Summary |
| 2. Global Wireless Communication Market Introduction |
| 2.1. Global Wireless Communication Market - Taxonomy |
| 2.2. Global Wireless Communication Market -Definitions |
| 2.2.1. By Technology |
| 2.2.2. By Application |
| 2.2.3. By Region |
| 3. Global Wireless Communication Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Wireless Communication Market Dynamic Factors - Impact Analysis |
| 3.6. Global Wireless Communication Market - Competition Landscape |
| 4. Global Wireless Communication Market Analysis, 2019-2023 and Forecast, 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Wireless Communication Market, By Technology, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
| 5.1. Wi-fi |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Bluetooth |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. NFC |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. ZigBee |
| 5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. EnOcean |
| 5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Cellular Technologies |
| 5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Others |
| 5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Global Wireless Communication Market, By Application, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
| 6.1. Wearable Devices |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. IT and Communications |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Healthcare |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Transportation |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Consumer Electronics |
| 6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Wireless Communication Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Wireless Communication Market - Opportunity Analysis Index, By Technology, By Application and Region, 2024-2030 |
| 8. North America Wireless Communication Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
| 8.1. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Wi-Fi |
| 8.1.2. Bluetooth |
| 8.1.3. NFC |
| 8.1.4. ZigBee |
| 8.1.5. EnOcean |
| 8.1.6. Cellular Technologies |
| 8.1.7. Others |
| 8.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1. Wearable Devices |
| 8.2.2. IT and Telecommunications |
| 8.2.3. Healthcare |
| 8.2.4. Transportation |
| 8.2.5. Consumer Electronics |
| 8.2.6. Others |
| 8.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Wireless Communication Market - Opportunity Analysis Index, By Technology, By Application and Country, 2024-2030 |
| 8.5. North America Wireless Communication Market Dynamics - Trends |
| 9. Europe Wireless Communication Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
| 9.1. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Wi-Fi |
| 9.1.2. Bluetooth |
| 9.1.3. NFC |
| 9.1.4. ZigBee |
| 9.1.5. EnOcean |
| 9.1.6. Cellular Technologies |
| 9.1.7. Others |
| 9.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Wearable Devices |
| 9.2.2. IT and Telecommunications |
| 9.2.3. Healthcare |
| 9.2.4. Transportation |
| 9.2.5. Consumer Electronics |
| 9.2.6. Others |
| 9.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Rest of Europe |
| 9.4. Europe Wireless Communication Market - Opportunity Analysis Index, By Technology, By Application and Country, 2024-2030 |
| 9.5. Europe Wireless Communication Market Dynamics - Trends |
| 10. Asia-Pacific Wireless Communication Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
| 10.1. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Wi-Fi |
| 10.1.2. Bluetooth |
| 10.1.3. NFC |
| 10.1.4. ZigBee |
| 10.1.5. EnOcean |
| 10.1.6. Cellular Technologies |
| 10.1.7. Others |
| 10.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Wearable Devices |
| 10.2.2. IT and Telecommunications |
| 10.2.3. Healthcare |
| 10.2.4. Transportation |
| 10.2.5. Consumer Electronics |
| 10.2.6. Others |
| 10.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. China |
| 10.3.2. India |
| 10.3.3. Japan |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Wireless Communication Market - Opportunity Analysis Index, By Technology, By Application and Country, 2024-2030 |
| 10.5. Asia-Pacific Wireless Communication Market Dynamics - Trends |
| 11. Latin America Wireless Communication Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
| 11.1. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Wi-Fi |
| 11.1.2. Bluetooth |
| 11.1.3. NFC |
| 11.1.4. ZigBee |
| 11.1.5. EnOcean |
| 11.1.6. Cellular Technologies |
| 11.1.7. Others |
| 11.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Wearable Devices |
| 11.2.2. IT and Telecommunications |
| 11.2.3. Healthcare |
| 11.2.4. Transportation |
| 11.2.5. Consumer Electronics |
| 11.2.6. Others |
| 11.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Wireless Communication Market - Opportunity Analysis Index, By Technology, By Application and Country, 2024-2030 |
| 11.5. Latin America Wireless Communication Market Dynamics - Trends |
| 12. Middle East and Africa Wireless Communication Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
| 12.1. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Wi-Fi |
| 12.1.2. Bluetooth |
| 12.1.3. NFC |
| 12.1.4. ZigBee |
| 12.1.5. EnOcean |
| 12.1.6. Cellular Technologies |
| 12.1.7. Others |
| 12.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Wearable Devices |
| 12.2.2. IT and Telecommunications |
| 12.2.3. Healthcare |
| 12.2.4. Transportation |
| 12.2.5. Consumer Electronics |
| 12.2.6. Others |
| 12.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Wireless Communication Market - Opportunity Analysis Index, By Technology, By Application and Country, 2024-2030 |
| 12.5. MEA Wireless Communication Market Dynamics - Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Qualcomm, Inc. |
| 13.2.2. Apple, Inc |
| 13.2.3. Verizon Communications, Inc. |
| 13.2.4. GTT Communications Inc. |
| 13.2.5. Motorola Solutions, Inc. |
| 13.2.6. Hewlett-Packard Company |
| 13.2.7. Vocera Communications, Inc. |
| 13.2.8. Intel Corp. |
| 13.2.9. Cisco Systems |
| 13.2.10. Siemens AG |
| 13.2.11. AT&T Inc. |
| 13.2.12. Vocera Communications |
| 13.2.13. Infineon Technologies. |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.