Global New Wi-Fi Standards Market Revenue to Witness Rapid Growth in the Near Future
New Wi-Fi Standards: Introduction
‘New Wi-Fi Standards market’, by Persistence Market Research, offers in-depth insights on current trends influencing the market growth. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research study to bring key insights and forecasts to the fore. In addition, this research offers a detailed competitive analysis with information on the differential product and business strategies of key players in the market.
Growing demand for low-power high-performance data connectivity and commercialization of various internet of things (IoT) solutions, increasing demand for smart devices contributes the continuous launch of new Wi-Fi standards. The current Wi-Fi standards doesn’t provide high power connectivity for the smart technologies, therefore Wi-Fi Alliance came up with the new standard that supports multi-user multiple input multiple output (MU-MIMO), in order to cater the increasing number of connected devices per user and rising volume of Wi-Fi-enabled Internet of Things (IoT) devices. Some of these Wi-Fi standards are IEEE 802.11ad and IEEE 802.11ac (Wave 1 and Wave 2) and in the coming future Wi-Fi Alliance will come up with IEEE 802.11ah, IEEE 802.11aj, IEEE 802.11ax and IEEE 802.11ay standards.
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New Wi-Fi Standards: Market Dynamics
Growing preference for high wireless speed data connectivity, increasing demand for dual-band networking, rising smartphone, tablets, laptops and smart TV users, contributes the continuous focus on research and development to launch new Wi-Fi standards.
Rising focus on power efficient wireless data transfer, increasing access to online media content and growing user preference for simultaneous streaming of multiple, high definition video content from a single Wi-Fi router, further accelerates the launch of new Wi-Fi standards.
Additionally, government initiatives on municipal wireless network and the growing need for higher bandwidth channel support to reduce Wi-Fi interferences are the factors fuels the need for advanced Wi-Fi standards globally.
However, devices connected to the routers with new standard must support the new standard in order to utilize the functional benefits and performance of new Wi-Fi standards, is identified as the key technical challenge likely to deter the progression of routers with new Wi-Fi standards. Since, routers with new Wi-Fi standards reach the market quickly, whereas devices with capable chip taken much longer.
New Wi-Fi Standards: Segmentation
The new Wi-Fi Standard can be segmented on the basis of technology, product and end user. On the basis of technology new Wi-Fi standard segmented into IEEE 802.11n, IEEE 802.11ac, IEEE 802.11ad (WiGig) and others. On the basis of product, new Wi-Fi standard is segmented into network infrastructure devices, communication and computing devices and consumer electronic devices. By end user, new Wi-Fi Standard can be segmented on the basis of enterprise size.
New Wi-Fi Standards: Regional Outlook
Regionally, new Wi-Fi Standard can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. North America market is expected to dominate, due to continuous adoption to new standards and rising number of connected devices. Asia Pacific is identified as the fastest growing market due to rapid urbanization and continuous progression in digital initiatives.
New Wi-Fi Standards: Key Vendors
Some of the solutions providers in New Wi-Fi enabled solution are Qualcomm, Broadcom, Intel, MediaTek, Newracom, Atmel, Microchip, Celeno, Quantenna, STMicroelectronics and others
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The report covers exhaustive analysis on:
- New Wi-Fi Standards Segments
- New Wi-Fi Standards Dynamics
- Historical Actual Market Size, 2013 – 2015
- New Wi-Fi Standards Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- New Wi-Fi Standards Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
- New Wi-Fi Standards Drivers and Restraints
Regional analysis for New Wi-Fi Standards includes
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint