GITNUX MARKETDATA REPORT 2024

Wireless Connectivity Industry Statistics

The Wireless Connectivity Industry is expected to experience strong growth driven by the increasing demand for wireless applications and devices in various sectors.

Statistic 1

"Global wireless connectivity market is expected to reach $141.2 billion by 2027, growing at a CAGR of 14.2%."

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Statistic 2

"Asia-Pacific dominated the wireless connectivity market in 2019, accounting 38.3% of the total share."

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Statistic 3

"The major technology used in wireless connectivity is Wi-Fi, holding 36.1% of the market in 2019."

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Statistic 4

"The 'consumer electronics' application segment accounted for the largest wireless connectivity market share in 2019."

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Statistic 5

"The global wireless networking market is predicted to grow at a 13.46% CAGR from 2021-2025."

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Statistic 6

"The United States is expected to spend $345 billion on wireless connectivity technologies by 2025."

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Statistic 7

"Over 80% of the world's Internet traffic is forecasted to be over Wi-Fi by 2022."

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Statistic 8

"The average Wi-Fi speeds are expected to increase by 30% annually, reaching 92 Mbps by 2022."

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Statistic 9

"By 2025, it is expected that 70% of the world's population will use smartphones with Wi-Fi and mobile connectivity."

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Statistic 10

"In 2019, the Wi-Fi market was worth about $5.96 billion."

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Statistic 11

"The wireless router market size was $8.53 billion in 2019."

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Statistic 12

"IoT is set to be the key driver for future growth with an estimated 25.1 billion connected devices by 2025."

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Statistic 13

"China is expected to dominate the 5G market with 70% of global 5G connections by 2020."

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Statistic 14

"The WiFi 6 market is expected to grow to $9.07 billion by 2026, growing at a CAGR of 32%."

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