PUBLISHER: MIC - Market Intelligence & Consulting Institute | PRODUCT CODE: 1490778
PUBLISHER: MIC - Market Intelligence & Consulting Institute | PRODUCT CODE: 1490778
In 2023, the global economy faced significant risks, impacting suppliers of Wi-Fi connected devices who grappled with high inventory levels and subdued demand. As a result, the market experienced a 3.1% decline from 2022, with total volume reaching 322 million units. Nevertheless, a return to growth is anticipated in the near future, driven by factors such as gradual economic recovery, the introduction of new standards, clarity in broadband infrastructure policies, and the integration of AI technologies. This report offers a comprehensive overview of Wi-Fi connected devices worldwide, spanning information devices, networking devices, smart connected home devices, and mobile devices. It further delves into the projected development of these devices in the upcoming years.