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Wireless Connectivity Market Worth 24.69 Billion USD by 2022PUNE, India, October 19, 2016 /PRNewswire/ -- The report "Wireless Connectivity Market by Connectivity Technology (Wi-Fi, Bluetooth, ZigBee, NFC, Cellular, Enocean), Application (Wearable Devices, Healthcare, Automotive & Transportation, Consumer Electronics), and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market, in terms of value, is expected to grow from USD 14.84 Billion in 2015 to USD 24.69 Billion by 2022, at a CAGR of 7.6% between 2016 and 2022. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 68 market data Tables and 61 Figures spread through 189 Pages and in-depth TOC on "Wireless Connectivity Market" http://www.marketsandmarkets.com/Market-Reports/wireless-connectivity-market-192605963.html The increasing Internet of Things enabled devices, machine to machine communication, need for real-time computing for time-critical process and the rising demand for connected devices largely drive the wireless connectivity market. The increasing business demand for enhanced operation efficiency, faster decision-making capability, and cost savings would make wireless connectivity technologies a dominant model for organizations across verticals in the future. The market for Wi-Fi/ Bluetooth Smart combo technology is expected to grow at the highest CAGR during the forecast period The market for Wi-Fi/ Bluetooth Smart technology is expected to grow at the highest rate during the forecast period. The growing market for consumer electronics and telecommunication is expected to drive the Wi-Fi/ Bluetooth Smart chips shipment in the coming years. The growing need for interoperability among different application is driving the market for combined technology that could support multiple devices and allow communication without any connectivity issues. Consumer Electronics application to witness the highest market in the wireless connectivity market during the forecast period The Wireless Connectivity Mrket for the consumer electronics application is expected to grow at the highest rate between 2016 and 2022. This is mainly because of the proliferation of Internet of Things and machine to machine communication which has created a huge market for IoT enabled devices in the market creating need for better connectivity technologies to support these devices. North America expected to witness the highest market during the forecast period The wireless connectivity market in the North America is expected to have highest market between 2016 and 2022. The market in the North America consists of developed economies such as the U.S. and Canada which have a huge potential for the applications of Internet of Things, which would create a market for wireless connectivity. The U.S. and Canada are among the most technically advanced countries in the world and are ahead in adopting new technologies, thus creating huge opportunities for the wireless connectivity in this region. Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=192605963 The major players in the wireless connectivity market are Intel Corporation (U.S.), Qualcomm Incorporated (U.S.), Atmel Corp. (U.S.), Texas Instruments (U.S.), NXP Semiconductor N.V (Netherlands), STMicroelectronics N.V (Switzerland), MediaTek Inc. (Taiwan) Cypress Semiconductor Corporation (U.S.), EnOcean Gmbh (Germany), and NEXCOM International Co. Ltd. (Taiwan). Browse Related Reports IoT Communication Protocol Market by Connectivity Technology (Wi-Fi, Bluetooth, Zigbee, Bluetooth Smart), End-Use Application (Consumer Electronics, Automotive & Transportation, Building Automation, Healthcare), Region - Global Forecast to 2022 Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. 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