Wi-Fi Module Market Sales Growing at 11.2% CAGR – Latest Trends and Future Estimations

Wi-Fi Module Market

Wi-Fi Module Market

The market across the Asia-Pacific region is anticipated to register the fastest CAGR of 13.3% during the forecast period.

PUNE, MAHARASHTRA, INDIA, December 3, 2020 /EINPresswire.com/ — Excellent frequency characteristics along with highly resistant to abnormal voltage have boosted the growth of the global Wi-Fi module market. Furthermore, the performance advantage of MLCC such as high capacitance, lower impedance, and compact size propel the market growth. However, the devices being highly prone to physical damage such as cracking. hamper the market growth. On the contrary, increasing automotive electronics and upsurge in demand of the consumer electronics are expected to create lucrative opportunities in the near future.

According to the report, the global Wi-Fi module market accounted for $31.36 billion in 2018 and is expected to reach $59.14 billion by 2024, registering a CAGR of 11.2% from 2018 to 2024. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/4653

The global Wi-Fi module market is segmented on the basis of type, application, and region. Based on types, the market is divided into router scheme Wi-Fi module and embedded Wi-Fi module. The router scheme Wi-Fi module segment held the largest share in 2018, accounting for nearly three-fifths of the market. However, the embedded Wi-Fi module segment is projected to register 12.3% CAGR during the forecast period.

On the basis of application, the market is segmented in to smart appliances & smart grid, handheld mobile devices, medical & industrial testing instruments, and router. The smart appliances & smart grid segment held the largest share in 2018, accounting for nearly two-fifths of the market. However, the handheld mobile devices segment is projected to register the fastest CAGR of 13.1% during the forecast period.

Acces Full Report: https://www.alliedmarketresearch.com/wi-fi-module-market

Based on geography, he Wi-Fi module market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2018, accounting for more than two-fifths of the market. However, the Asia-Pacific region is anticipated to register the fastest CAGR of 13.3% during the forecast period.

Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/4653

The market report provides an in-depth analysis of the major market players such as Darfon Electronics Corp., Taiyo Yuden Co. Ltd., TDK Corporation, Walsin Technology Corporation, YAGEO Corporation, Murata Manufacturing Co., Ltd., Vishay, Kyocera (AVX), Samsung Electro-Mechanics, and KEMET. They have adopted different strategies such as mergers & acquisitions, partnerships, collaborations, new product launches, and others to gain a strong position in the global industry.

Related Reports:

Wireless Connectivity Technology Market

Industrial Wireless Sensor Network Market

Wireless Power Transmission Market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: https://www.alliedmarketresearch.com

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:

Source: EIN Presswire