PUBLISHER: IMARC | PRODUCT CODE: 1422792
PUBLISHER: IMARC | PRODUCT CODE: 1422792
Connectivity Enabling Technology Market Report by Type (Bluetooth, Wi-Fi, ZigBees), Application (Healthcare, Consumer Electronics, Manufacturing Industry, Automotive and Transportations), and Region 2024-2032
Abstract
The global connectivity enabling technology market size reached US$ 38.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 49.4 Billion by 2032, exhibiting a growth rate (CAGR) of 2.62% during 2024-2032. The increasing demand for connected devices, growing digitization, and extensive research and development (R&D) activities represent some of the key factors driving the market.
Connectivity enabling technology refers to various technologies and services that allow end-users to connect to a communication network. It comprises various components and technologies that work together to enable connectivity between devices, networks, and systems. It includes network infrastructure, wireless technologies, network virtualization and software-defined networking (SDN), and cloud computing. Connectivity enabling technology is a cost-effective solution and assists in increasing productivity and automation, enhancing mobility, improving communications, increasing safety, and developing new products and services. It exhibits scalability, flexibility, security, reliability, energy efficiency, low latency, and high bandwidth. As a result, connectivity enabling technology finds extensive applications across the telecommunication, healthcare, and consumer electronics industries.
Connectivity Enabling Technology Market Trends:
The increasing demand for connected devices across the globe is one of the key factors driving the market growth. Connectivity enabling technology includes technologies, such as Wi-Fi, Bluetooth, cellular networks, and Zigbee, which allows devices to connect to the internet and each other. In line with this, the widespread utilization of the technology that helps in the use of a wide range of connected devices, including smartphones, smart home devices, wearables, and industrial internet of things (IoT) devices, is favoring the market growth. Moreover, the increasing digitization across various industries that enable the connection of digital devices, machines, and systems to the internet, thus allowing them to share data and communicate with each other, is propelling the market growth. Apart from this, the escalating demand for connectivity enabling technology in the healthcare industry to connect medical devices, such as blood glucose monitors, to the internet, allowing for remote monitoring of patients and sharing patient data with healthcare providers, is providing an impetus to the market growth. Furthermore, the increasing need for automation and remote monitoring in various industries is acting as another growth-inducing factor. Additionally, the rising popularity of smart home devices, wearables, and other connected devices is positively influencing the market growth. Other factors, including increasing adoption of cloud computing and big data analytics, extensive research and development (R&D) activities, the rising need for security and data protection in connected devices and networks, various advancements in technology, and the implementation of various government initiatives to improve infrastructure and increase connectivity in rural areas are anticipated to drive the market further toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global connectivity enabling technology market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type and application.
Type Insights:
Bluetooth
Wi-Fi
ZigBees
A detailed breakup and analysis of the connectivity enabling technology market based on the type has also been provided in the report. This includes Bluetooth, Wi-Fi, and ZigBee. According to the report, Wi-Fi accounted for the largest market share.
Application Insights:
Healthcare
Consumer Electronics
Manufacturing Industry
Automotive and Transportations
The report has provided a detailed breakup and analysis of the connectivity enabling technology market based on the application. This includes healthcare, consumer electronics, manufacturing, and automotive and transportations industry. According to the report, consumer electronics represented the largest segment.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for connectivity enabling technology. Some of the factors driving the Asia Pacific connectivity enabling technology market included widespread digitization, extensive research and development (R&D) activities, and significant technological advancements.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global connectivity enabling technology market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Broadcom Inc., LM Technologies Ltd, Marvell Technology Inc, MediaTek Inc., Newracom, NXP Semiconductors N.V, Qualcomm, Renesas Electronics Corporation, Silicon Laboratories Inc., STMicroelectronics N.V., Texas Instruments Incorporated, etc.
Key Questions Answered in This Report:
- How has the global connectivity enabling technology market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global connectivity enabling technology market?
- What is the impact of each driver, restraint, and opportunity on the global connectivity enabling technology market?
- What are the key regional markets?
- Which countries represent the most attractive connectivity enabling technology market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the connectivity enabling technology market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the connectivity enabling technology market?
- What is the competitive structure of the global connectivity enabling technology market?
- Who are the key players/companies in the global connectivity enabling technology market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Connectivity Enabling Technology Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Bluetooth
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Wi-Fi
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 ZigBees
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Healthcare
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Consumer Electronics
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Manufacturing Industry
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Automotive and Transportations
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Broadcom Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 LM Technologies Ltd
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Marvell Technology Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 MediaTek Inc.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Newracom
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 NXP Semiconductors N.V.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Qualcomm
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Renesas Electronics Corporation
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Silicon Laboratories Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.10 STMicroelectronics N.V.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 Texas Instruments Incorporated
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
- 13.3.1 Broadcom Inc.
List of Figures
- Figure 1: Global: Connectivity Enabling Technology Market: Major Drivers and Challenges
- Figure 2: Global: Connectivity Enabling Technology Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Connectivity Enabling Technology Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Connectivity Enabling Technology Market: Breakup by Type (in %), 2023
- Figure 5: Global: Connectivity Enabling Technology Market: Breakup by Application (in %), 2023
- Figure 6: Global: Connectivity Enabling Technology Market: Breakup by Region (in %), 2023
- Figure 7: Global: Connectivity Enabling Technology (Bluetooth) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Connectivity Enabling Technology (Bluetooth) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Connectivity Enabling Technology (Wi-Fi) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Connectivity Enabling Technology (Wi-Fi) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Connectivity Enabling Technology (ZigBees) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Connectivity Enabling Technology (ZigBees) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Connectivity Enabling Technology (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Connectivity Enabling Technology (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Connectivity Enabling Technology (Consumer Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Connectivity Enabling Technology (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Connectivity Enabling Technology (Manufacturing Industry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Connectivity Enabling Technology (Manufacturing Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Connectivity Enabling Technology (Automotive and Transportations) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Connectivity Enabling Technology (Automotive and Transportations) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: North America: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: North America: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: United States: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: United States: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Canada: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Canada: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Asia-Pacific: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Asia-Pacific: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: China: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: China: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Japan: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Japan: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: India: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: India: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: South Korea: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: South Korea: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Australia: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Australia: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Indonesia: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Indonesia: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Others: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Others: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Europe: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Europe: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Germany: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Germany: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: France: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: France: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: United Kingdom: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: United Kingdom: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Italy: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Italy: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Spain: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Spain: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Russia: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Russia: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Others: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Others: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Latin America: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Latin America: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Brazil: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Brazil: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Mexico: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Mexico: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Middle East and Africa: Connectivity Enabling Technology Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Middle East and Africa: Connectivity Enabling Technology Market: Breakup by Country (in %), 2023
- Figure 69: Middle East and Africa: Connectivity Enabling Technology Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Global: Connectivity Enabling Technology Industry: Drivers, Restraints, and Opportunities
- Figure 71: Global: Connectivity Enabling Technology Industry: Value Chain Analysis
- Figure 72: Global: Connectivity Enabling Technology Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Connectivity Enabling Technology Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Connectivity Enabling Technology Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Connectivity Enabling Technology Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Connectivity Enabling Technology Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Connectivity Enabling Technology Market: Competitive Structure
- Table 6: Global: Connectivity Enabling Technology Market: Key Players
