Global Wireless Platform Market is valued USD 148.33 billion in 2016 is anticipated to grow USD 680.84 billion with the compounded annual growth of 18.45% over the forecast period 2018-2025.
New York 16 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Wireless Platform market industry is poised to raise USD 680.84 billion by 2025. The major factors speculated to augment the markets are technological advancements, progressions in network connectivity, espousal of application platforms, a rise in no. of energy-efficient and power processors, expanding wireless broadband industry, dynamic variations in operating systems & platforms. Other factors expected to affect the growth of the market include rise in capable devices at reasonable prices, reliable & cost-efficient wireless networks being deployed across wide areas, and extension in the array of mobile applications. Rapid growth in wireless computing devices market is an opportunity for the market growth. Fluidity of standards and huge fabrication costs are few of the chief restraining factors of the growth rate of the market. Local Area Network (LAN), Personal Area Network (PAN), and cellular network are included in Wireless networks that allow effective communication without depending on the availability of cables or wires. The market has been segmented on the basis of Products, Handsets & Tablets and Application.
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Global Wireless Platform Market Size Study By Product (Processors, Baseband, Power Management Integrated Circuit (IC), Broadband, and Sensors), By Handsets & Tablets (Air Interfaces, Operating Systems, and OEMs), By Application (Consumer Electronics, Data Processing, Industrial, Communications, and Automotive), and By Regional Forecasts, 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include Broadcom Corporation, Aether, Infineon Technologies, Air2Web, Marvell Technology Group, AvantGo, Freescale Semiconductor, Broadbeam, Nvidia Corporation, Covigo, Qualcomm, Everypath, Renesas Electronics, Extended Systems, IBM, iAnywhere Solutions, Arm Holdings, Intel, Mediatek, Nxp, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- North America region accounted for the leading market share, more than 20% of the total market in 2016.
- Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by almost over 19% CAGR over the forecast period 2018-2025.
- Enhancements in Telecom sector are expected to assist in growth of the market in Asia Pacific region.
- M&A activities along with subsidiary formation are key strategies observed that are being taken by major players.
Bizwit Research & Consulting LLP has considered following segments for the study:
- Power Management Integrated Circuit (IC)
By Handsets & Tablets:
- Air Interfaces
- Operating Systems
- Consumer Electronics
- Data Processing
- North America
- Asia Pacific
- Latin America
- Rest of the World