The global WLAN Module Market size is predicted to be worth over USD 36.7 Billion by 2030, increasing at a CAGR of more than 21.8% between 2022 and 2030, according to Ameco Research
The global WLAN module market is expected to experience significant growth over the next few years. A WLAN module, also known as a Wi-Fi module, is a small electronic device that enables wireless communication between devices. WLAN modules are commonly used in electronic devices such as smartphones, tablets, laptops, and IoT devices to connect to wireless networks. These modules consist of a wireless chipset, a processor, and memory that provide Wi-Fi connectivity to devices. The use of WLAN modules has become increasingly popular in recent years as the demand for wireless connectivity continues to grow. The growth of the WLAN module market is primarily driven by the increasing demand for wireless communication devices and the growing trend of IoT devices.
The rising adoption of smart homes, smart cities, and Industry 4.0 is also driving the growth of the WLAN module market value. The increasing demand for high-speed data transfer and connectivity is further boosting the adoption of WLAN modules in various industries. Additionally, the increasing popularity of cloud computing and the growing number of internet users are expected to drive the demand for WLAN modules in the coming years. Another factor driving the growth of the WLAN module market revenue is the increasing adoption of 5G technology. With the rollout of 5G networks, there is an increasing need for devices to be able to connect to these networks wirelessly, which is driving the demand for WLAN modules.
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Global WLAN Module Market Growth Factors
• Increasing demand for wireless connectivity in devices such as smartphones, tablets, and laptops
• Growing adoption of IoT devices, smart homes, and smart cities, which require reliable and high-speed wireless connectivity
• Rollout of 5G networks, which is driving the need for devices to connect wirelessly to these networks
• Increasing use of WLAN modules in the automotive industry, particularly in connected cars
• Growing demand for WLAN modules in the healthcare industry, for applications such as remote monitoring and telemedicine
Global WLAN Module Market Trends
The WLAN (Wireless Local Area Network) module market has experienced significant growth in recent years, as the demand for high-speed and reliable wireless connectivity has increased in various industries. With the rise of the Internet of Things (IoT) and the need for seamless connectivity, WLAN modules have become an essential component of various devices, including smartphones, tablets, laptops, and smart home appliances.
One of the significant trends shaping the WLAN module market is the shift towards the latest Wi-Fi standards, such as 802.11ac and 802.11ax. These standards offer higher data rates, increased capacity, and improved performance in high-density environments, making them ideal for applications that require high-bandwidth and low latency, such as video streaming, online gaming, and virtual reality. As a result, manufacturers are investing heavily in developing new WLAN modules that support these standards to cater to the growing demand from consumers.
Another trend is the increasing adoption of Wi-Fi 6 and 6E, which offer even higher data rates, lower latency, and improved efficiency, especially in dense urban environments. Wi-Fi 6E, in particular, operates in the 6 GHz band, which provides additional spectrum for faster and more reliable connections, making it suitable for high-bandwidth applications such as AR/VR and cloud gaming. As more devices support these standards, the WLAN module market is expected to grow significantly, driven by the demand for seamless connectivity and high-speed data transfer.
WLAN Module Market Segmentation
According to Ameco Research, the worldwide WLAN module market is segmented by type, and application. By type, the market is divided into embedded Wi-Fi module, and router scheme Wi-Fi module.
Based on the application, the market is bifurcated into medical & industrial testing instrument, smart grid & smart appliance, router, and handheld mobile device. The medical & industrial testing instrument segment is expected to increase significantly in the global market in the coming years, according to the WLAN module market forecast.
WLAN Module Market Regional Outlook
The worldwide WLAN module market is broken down into five regions: Latin America, North America, Asia-Pacific, Europe, and the MEA. North America is dominating the WLAN module market due to several factors such as the presence of major players in the region, high demand for advanced technology, and a strong technological infrastructure. North America is home to many prominent technology companies such as Qualcomm, Intel, and Broadcom, which are major players in the market. These companies have a strong focus on research and development, which allows them to develop cutting-edge technologies that are in high demand globally. Additionally, the demand for WLAN modules in North America is high due to the increasing use of wireless communication devices in various industries such as healthcare, retail, and transportation. This has led to the development of more advanced WLAN modules with higher speed and reliability, which further increases the demand for these products in the market.
WLAN Module Market Companies
Some of the most notable worldwide WLAN module market players are Advantech, Sollae Systems, Cisco, Fujitsu, LSR, Lesswire, Intel, Panasonic, ZYGO, Vishay, Alps, Zcomax Technologies, HY-LINE, LG, and WhizNets.
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