The global WLAN module market size is anticipated to reach of around US$ 20,000 Mn by 2027 and is anticipated to grow at a CAGR of around 23% in terms of revenue during the forecast period 2020 – 2027.
A WLAN may either be an enhancement or an alternative to existing wired network. Data transmission rates of 1 to 54 Mbps are available in WLANs with some organizations providing 108Mbps proprietary solutions. The region ranging from a small office to a wide campus can be filled with a wireless signal. The most widely available WLAN connection point is a 65-300-metre-long distance.
Due to the increasing demand for WLAN modules in different industries, primarily research, automotive, commercial and home appliances, it is projected that the WLAN module market will grow at a higher growth rate during the forecast period. The adoption and rise in cloud computing and telecommunications, home and enterprise industries have an impact on consumer development. The implementation of IoT and automation requires smaller and high-performance modules and the requirement for WIFI modules should be increased during the forecast era. The growth of the market, however, is likely to impede expanded privacy and security issues. Many companies are also making efforts to upgrade their R&D activities to analysis further applications that are expected to generate profitable market growth opportunities during the forecast period.
Governments’ initiatives for smart city projects
Smart city models have facilitated tremendous construction engines for many infrastructure vendors and the service providers involved. The emphasis of through policy policies and environmental strategies was on simulating creative approaches focused on computational modules for urban infrastructure design & development. The efficient execution of intelligent city programs primarily relies on technology, including electronic communications, the cloud, automation, and IoT sensors. The invention laid the foundations for sophisticated urban ventures. Quick technical advances have allowed increased entity communication in recent years, resulting in complete development of more intelligent ecosystems.
The market research study on “WLAN Module Market (By Type: Router Scheme Wi-Fi Module, Embedded Wi-Fi Module; By Application: Smart Grid & Smart Appliance, Handheld Mobile Device, Medical & Industrial Testing Instrument, Router) - Global Industry, Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global WLAN module market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global WLAN module market are type, application and major geographic regions. The WLAN module market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
China, India, South Korea, Australia, and other upward economies, Asia-Pacific, followed by North America and Europe, have captured significant market share in 2017. In the era expected as the developing markets, Asia Pacific posted the highest growth rate. With its low cost of raw materials and large manufacturing facilities in Asia, China represents tremendous demand for WLAN modules. However, due to its early technological progress, the US is expected to demonstrate strong business growth in the forecast period. However, due to early technological progress and high capital expenditure, the U.S. is expected to show strong market growth over the forecast year.
Major players included in this report Sollae Systems, Advantech, Cisco, Lesswire, Fujitsu, LSR, Intel, Panasonic, Alps, ZYGO, Vishay, Zcomax Technologies, WhizNets, HY-LINE, LG, and others. Cisco is one of the world's largest manufacturers of Wi-Fi. The company is heavily investing in R&D activities to innovate products and solutions, increase the offering of its market, and support its initiatives to develop premium enter
prise solutions, services and software. The technologies the group sells revolutionizes goods, enterprises and markets worldwide and will accelerate innovation from other corporations and government agencies. The business environment is extremely dynamic and focuses on product change as required by the market.
The global WLAN module market is segmented as below:
WLAN Module Market By Type
WLAN Module Market By Application
WLAN Module Market By Geography
Middle East & Africa
A WLAN may either be an enhancement or an alternative to existing wired network. Data transmission rates of 1 to 54 Mbps are available in WLANs with some organizations providing 108Mbps proprietary solutions.
Increase in privacy and security issues are a major factor expected to restraint the growth of the market.
Adoption of cloud computing and rise in telecommunication, residential, and commercial sectors is the major drivers for the growth of the WLAN module market.
Router Scheme Wi-Fi Module and Embedded Wi-Fi Module are the types of WLAN module market.
Smart Grid & Smart Appliance, Handheld Mobile Device, Medical & Industrial Testing Instrument, and Router are the applications of WLAN module market.
Major players included in WLAN module market such as Sollae Systems, Advantech, Cisco, Lesswire, Fujitsu, LSR, Intel, Panasonic, Alps, ZYGO, Vishay, Zcomax Technologies, WhizNets, HY-LINE, LG, and others.
Asia Pacific is projected to grow at a fast pace during forecast period from 2020-2027.